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Question -

How has liberalisation attacked employment patterns in India?



Answer -

•Due to liberalization foreign products are now easily available in Indian markets and shops. Due to this some of the labour have to loose their employment and jobs.
•Many Indian companies have been taken over by multinationals. At the same time some Indian companies are becoming multinational companies. An instance of the first is when, Parle drinks was bought by Coca Cola. ‘
•The next major area of liberalization may be in retail. Due to coming of foreign companies and big business. Indian houses very small traders, shopkeepers, handicraft sellers. And hawkers have lost their jobs of employment or their small business is adversely affected by big mall, showroom or Reliance, Subhiksha, etc.
•The world’s largest chains, including Wal-Mart Stores, Carrefour and TESCO, are seeking the best way to enter the country, despite a government ban on foreign direct investment in  the market.
•Wal-Mart, Carrefour and TESCO to set up a retailing joint venture …India’s retail sector is attractive not only because of its fast growth, but because family-run street comer stores have 97% of the nation’s business. But this industry trait is precisely why the government makes it hard for foreigners to enter the market.
•The government is trying to sell its share in several public sector companies, a process which is known as disinvestment. Many government workers are scared that after disinvestment, they will lose their jobs.
•Companies are reducing the number of permanent employees and outsourcing their work to smaller companies or even to homes. For multinational companies, this outsourcing is done across the globe, with developing countries like India providing cheap labour. It is more difficult for trade unions to organize in smaller firms.

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