tell me some disadvantages of liberalization in india??

Answer 1

villages agriculture small and tiny industries suffering.but over all liberalisation is improving the economy.so the disadvantages will be taken care of by the growing economy.you can not have the cake and eat it too

Answer 2

Every thing depends on the intentions of a govt , No policy even a socialist one is bad if implemented in right spirit. A mall example was opening up of telecom area in the field of mobile phone in 1997 around .The liberalisation policy of the govt allows private players to operate the telephone services in India which was earlier the prerogative of Indian govt. You can see the result India is the fastest growing Mobile country in the world and the largest subscription level of more then 400 million only after China. Could govt of India handel this amount of business and service, today telecom sector alone is giving jobs to millions of young people across the country. What India needs is the second phase of liberalisation in which we become a Job creating economy rather then the Job seeker one. I would sum up here although a whole series of lecture can be attributed to this topic.

Answer 3

It is like opening our mind to all ideas and temptations. If we fall prey to temptations and vices, we will be ruined and if we can make use of the ideas and influences that float around due to liberalisation positively and for a purpose- they will take us to great heights.
In our country, we, as people, politcal system and economic structure, are not yet ripe for absorbing the shocks of liberalising the economy and society. Had we tuned up our economy from the beginning to leberalise our economy some day in future, we would have made good the opportunities thrown by liberalisation.
In the present form,
1. liberalisation decimated domestic small and tiny industries
2. widened urban-rural, inter-regional and inter-personal disaparities
3. strengthened the hands of the rich and big capitalists and lot of foreign investment entered the country that enslaves our people to foreign stuff, thinking,etc.
4. Gave people wider access to junk food, junk drinks, filthy channels and made our youth believe that being amoral is the culture.
5.more and more mothers are giving birth to children who are crying 'America America' on being born instead of Amma, Amma (mother).
6. it made people think more about themeselves even at the cost of the society.
and the list continues.
There are benefits too.
For example we now have many products, comforts in life which we could not have even dreamt of. We have excellant mobile communication and young boys are using to harass girls, youngsters are able to exchange calls, text messages and love.
And business people are able to enhance their business.

Answer 4

Anything which corrupt the mind and soul induce one to intrude in another" s freedom and overstretching the limit ultimately causing doom to the very meaning of true democracy is always a factor of disadvantage of liberlization provided it does not have proper check.