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Boon or bane?

If you don't have bread , eat cake! If you don't have drinking water, drink coke or Pepsi! This has become the norm in the present era of globalisation. Globalisation is the expansion of economic activities across political boundaries of nation states. Every coin has two facets, so is the case with globalisation.

This process is driven by the lure of profit and threat of competition in the market. No effort is being made by the government or any other concern to "humanise" globalisation.

Take the case of India for instance. The Indian beauty has gained so much importance in the international market because MNCs want to cash in on the Indian beauty market. The worst victim of globalisation is the farmer. The world is technologically, economically and socially divided and a uniform formula prescribed by WTO, IMF and the World Bank or high profile capitals like Washington or Brussels will not work for all.

Eshita Mukherjee, XI B
New Delhi: Green Fields School, Safdarjung Enclave

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