Together With Economics Class 10 Chapter 4 - Globalisation and the Indian EconomyShare
Together With Economics Class 10 Chapter 4 - Globalisation and the Indian Economy
Recent studies point out that small producers in India need three to compete better in the market (a) better roads, power, water, raw material, marketing and information network (b) improvement and modernization to technology (c) timely availability to credit at reasonable interest rates.
(a) Can you explain how these three things would help Indian producers?
(b) Do you think MNCs will be interested in investing in these? Why?
(c) Do you think the government has a role in making in these facilities available? Why?
(d) Can you think of any other step the government could take? Discuss.