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MADE BY :
NIKHIL
GUPTA
GLOBALISATION AND OUTSOURCING
I would like to express my special thanks of gratitude to my teacher
( Mrs. Anandita Chakravarty )
&
( Mrs. Rakhi Pahwa)
as well as our principal
( Mrs. Asha Katyal )
who gave me the golden opportunity to do this wonderful project on the topic
( Globalization & Outsourcing )
which also helped me in doing a lot of Research and I came to know about so
many
new things . I am really thankful to them.
Secondly I would also like to thank my parents and friends who helped me a lot
in finalizing this project within the limited time frame.
What is Globalization ?


Globalization (or
globalisation) is the
process of international
integration arising from the
interchange of world views,
products, ideas, and other
aspects of culture.
Advances in transportation
and telecommunications
infrastructure, including the
rise of the telegraph and its
posterity the Internet, are
major factors in
globalization, generating
further interdependence of
economic and cultural
activities.
Why Globalization ?








Globalization – A “smaller world”
People are closer together
A world closer in time and space
A world without borders
Goods, services and ideas move faster or instantly.
Driven by technology
 Transportation – Shipping, Containerization Air travel
 Communication – Television, the Internet
MERITS OF GLOBALISATION
•There is an International market for
companies and for consumers there is a wider
range of products to choose from.
•Increase in flow of investments from
developed countries to developing countries,
which can be used for economic
reconstruction.
•Greater and faster flow of information
between countries and greater cultural
interaction has helped to overcome cultural
barriers.
•Technological development has resulted in
reverse brain drain in developing countries.
DEMERITS OF
GLOBALISATION

•The outsourcing of jobs
to developing countries
has resulted in loss of
jobs in developed countries.
•There is a greater threat
of spread of communicable
diseases.
•There is an underlying threat of multinational corporation with
immense power ruling the globe.
•For smaller developing nations at the receiving end, it could
indirectly lead to a subtle form of colonization.
WHAT IS OUTSOURCING ?




In Business, Outsourcing Is The Contracting Out
Of A Business Process To A Third-party. The Term
"Outsourcing" Became Popular In The United
States Near The Turn Of The 21st Century.
Outsourcing Sometimes Involves Transferring
Employees And Assets From One Firm To Another,
But Not Always. Outsourcing Is Also Used To
Describe The Practice Of Handing Over Control Of
Public Services To For-profit Corporations.
Outsourcing Includes Both Foreign And Domestic
Contracting, And Sometimes Includes Off shoring
Or Relocating A Business Function To Another
Country.[ Financial Savings From Lower
International Labour Rates Is A Big Motivation For
Outsourcing/Off shoring.
GLOBALIZATION
IMPACT ON
AGRICULTURE
GLOBALISATION
Globalization refers to increases the
movement of all economic aspects
cutting across
boundaries of native states aiming at the
integration
of the Domestic economy with Global
economy.
Globalization is not a new phenomenon. It began
towards the end of the nineteenth century, but it slowed
down during the period from the start of the First World
War, suffered from great depression and until the end of
Second World War. This slowdown can be attributed to
the inward-looking policies pursued by a number of
countries in order to protect their respective industries...
however, the pace of globalization picked up rapidly
during the fourth quarter of the twentieth century.
EVOLUTION
GROWTH OF AGRICULTURE
Growth rate in Agriculture(%)
Pre – reform
period 19801990

Post reform period 19962006

a. Agriculture

3.6

2.6

b. Forestry

4.2

2.5

c. Fishing

0.1

0.5

a. Food grains

2.9

1.5

b. Cereals

3.1

1.8

c. Rice

3.7

2.0

d. Wheat

3.6

3.6

0

-1.1

f. Pulses

1.4

0.5

g. Non food grains

4.3

2.0

Crop

Crop

e. Coors cereals
IMPACT OF GLOBALIZATION
ON AGRICULTURE IN INDIA
• Agriculture acquired 17% of India’s GDP in 2008.
• 60% of population still depends on agriculture
for their livelihood.
• Occupied 43% of India’s geographical areas.
• Agriculture Scientists are applying new
technologies and instruments in growing crops.
• Different state governments of India are taking
initiative to literate the farmers.
Globalization affects agricultural sector as
crop imports could be traded at cheaper
prices,
and could be exchange for another
commodity because of the free trade.
Strategies


• Mobilization of the small farmers for regional campaigns.



• Establishing a Mechanism, to challenge the MNC’s



• Having deliberations with bankers and Industrialists in order
to consult them with NGO’s



• Setting goals with specified objectives so that they reach
the grass root level of the rural societies.



• Keeping gender balance



• Forming net work among leaders in various levels with
solidarity and commitment



• Creating common understanding and purpose among the
people in all the sectors of society
Growth rate in agriculture
Five year plan

Growth rate in
GDP of
agriculture and
allied activities

Growth rate in
overall GDP

1.Seventh plan

3.2

6.0

2.Annual plan

1.3

3.5

3.Eight plan

4.7

6.7

4.Ninth plan

2.1

5.5

5.Tenth plan

2.3

7.6

6.Eleventh plan

2.7

9.0
CONCLUSION
• Market-demand research in the importing countries
has to be strengthened and protection could be
planned accordingly in terms of quantity and
quality.
• Long-term price trends favor fishery, livestock,
traditional products, and agriculture is to have a
second Green Revolution. In essence, the second
Green Revolution will keep the world green and
save if from becoming a dreary desert.
• Government must introduce rigorous measures to
end corruption in check posts and reduce taxes on
transport firms to reduce cost of movement.
IMPACTS ON
GOVERNMENT &
POLITICS
Impact on Government


Globalization affects the size and composition
of government expenditures.



The globalization process has led to a growing
interdependence of fiscal policies affecting
inter alia, the composition of government
expenditures.



Globalization will affect government’s ability to
continue providing the social protection at the
level of the past decades.
Of the factors influencing the duration of economic growth in both developed
and developing countries, income equality has a more beneficial impact than
trade openness, sound political institutions, and foreign investment.
Impact on Politics


In general,
globalization may
ultimately reduce the
importance of nation
states. Supranational
institutions such as
the European Union,
the WTO, the G8 or
the International
Criminal Court
replace or extend
national functions to
facilitate international
agreement
4. Economic development is heavily dependent on
political stability and peace and harmony.
GLOBAL CIVIL SOCIETY












Idea of civil society, “We the people,” dates back to Preamble of the
Constitution, US First Amendment’s freedom of association and
findings of Alexis de Tocqueville in “Democracy in America.”
Civil society can be a bowling league, a PTA a Rotary or Optimists
Club or it can be as large as the Red Cross, with international and
national components.
Civil society is often described as the “Third” or “Independent
Sector” after the Government and the Market Economy.
Civil society organizations (CSOs) are usually associated with
nonprofit (with a capacity to receive non-taxable donations) or Nongovernmental Organizations (NGOs, usually operating
internationally).
Global Civil Society operates independently of both government
and inter-governmental organizations, but is closely involved with
both of them.
CSOs are often identified as “interest groups” or even “pressure
groups” for the role they play in lobbying governments and IGOs on
issues of concern.


 The decentralisation is evident in the installations
of the constitutionally approved third tier of the local
government. A decentralisation of powers might also
be necessary to accommodate the active
participation of the voluntary and non-governmental
organisations.
Globalization as Friend













Rapid Economic Growth
More of Investment
More of Employment
Increase in the Efficiency of Domestic
companies.
The Government becomes more efficient.
New Inventions and Discoveries.
New Inventions and Discoveries.
Strengthening of Democracy.
Cultural linkage.
Globalization as Foe












Exploitation of Underdeveloped Countries.
Increase in Unemployment.
Widening of Rich-poor Gap.
Harmful Effects of Consumerism.
Adverse Effects on Social Security and Social Welfare.
Harmful Effects on Small Industries and Small Business.
Cultural Homogenization.
Hostile to Humanism.
Erosion of Democracy.
Destructive of Environment.
BIBLIOGRAPHY
• www.google.co.in
• www.googleimages.co.in
• www.wto.com
• www.globalizationabout.com
•www.bbcglobalization.com
• www.wikipedia.org

• Textbook : Economics X
• India 2020
Globalisation and Outsourcing : Impact on Agriculture and Politics

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Globalisation and Outsourcing : Impact on Agriculture and Politics

  • 2. I would like to express my special thanks of gratitude to my teacher ( Mrs. Anandita Chakravarty ) & ( Mrs. Rakhi Pahwa) as well as our principal ( Mrs. Asha Katyal ) who gave me the golden opportunity to do this wonderful project on the topic ( Globalization & Outsourcing ) which also helped me in doing a lot of Research and I came to know about so many new things . I am really thankful to them. Secondly I would also like to thank my parents and friends who helped me a lot in finalizing this project within the limited time frame.
  • 3. What is Globalization ?  Globalization (or globalisation) is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture. Advances in transportation and telecommunications infrastructure, including the rise of the telegraph and its posterity the Internet, are major factors in globalization, generating further interdependence of economic and cultural activities.
  • 4. Why Globalization ?       Globalization – A “smaller world” People are closer together A world closer in time and space A world without borders Goods, services and ideas move faster or instantly. Driven by technology  Transportation – Shipping, Containerization Air travel  Communication – Television, the Internet
  • 5. MERITS OF GLOBALISATION •There is an International market for companies and for consumers there is a wider range of products to choose from. •Increase in flow of investments from developed countries to developing countries, which can be used for economic reconstruction. •Greater and faster flow of information between countries and greater cultural interaction has helped to overcome cultural barriers. •Technological development has resulted in reverse brain drain in developing countries.
  • 6. DEMERITS OF GLOBALISATION •The outsourcing of jobs to developing countries has resulted in loss of jobs in developed countries. •There is a greater threat of spread of communicable diseases. •There is an underlying threat of multinational corporation with immense power ruling the globe. •For smaller developing nations at the receiving end, it could indirectly lead to a subtle form of colonization.
  • 7. WHAT IS OUTSOURCING ?   In Business, Outsourcing Is The Contracting Out Of A Business Process To A Third-party. The Term "Outsourcing" Became Popular In The United States Near The Turn Of The 21st Century. Outsourcing Sometimes Involves Transferring Employees And Assets From One Firm To Another, But Not Always. Outsourcing Is Also Used To Describe The Practice Of Handing Over Control Of Public Services To For-profit Corporations. Outsourcing Includes Both Foreign And Domestic Contracting, And Sometimes Includes Off shoring Or Relocating A Business Function To Another Country.[ Financial Savings From Lower International Labour Rates Is A Big Motivation For Outsourcing/Off shoring.
  • 9. GLOBALISATION Globalization refers to increases the movement of all economic aspects cutting across boundaries of native states aiming at the integration of the Domestic economy with Global economy.
  • 10. Globalization is not a new phenomenon. It began towards the end of the nineteenth century, but it slowed down during the period from the start of the First World War, suffered from great depression and until the end of Second World War. This slowdown can be attributed to the inward-looking policies pursued by a number of countries in order to protect their respective industries... however, the pace of globalization picked up rapidly during the fourth quarter of the twentieth century.
  • 12. GROWTH OF AGRICULTURE Growth rate in Agriculture(%) Pre – reform period 19801990 Post reform period 19962006 a. Agriculture 3.6 2.6 b. Forestry 4.2 2.5 c. Fishing 0.1 0.5 a. Food grains 2.9 1.5 b. Cereals 3.1 1.8 c. Rice 3.7 2.0 d. Wheat 3.6 3.6 0 -1.1 f. Pulses 1.4 0.5 g. Non food grains 4.3 2.0 Crop Crop e. Coors cereals
  • 13. IMPACT OF GLOBALIZATION ON AGRICULTURE IN INDIA • Agriculture acquired 17% of India’s GDP in 2008. • 60% of population still depends on agriculture for their livelihood. • Occupied 43% of India’s geographical areas. • Agriculture Scientists are applying new technologies and instruments in growing crops. • Different state governments of India are taking initiative to literate the farmers.
  • 14. Globalization affects agricultural sector as crop imports could be traded at cheaper prices, and could be exchange for another commodity because of the free trade.
  • 15. Strategies  • Mobilization of the small farmers for regional campaigns.  • Establishing a Mechanism, to challenge the MNC’s  • Having deliberations with bankers and Industrialists in order to consult them with NGO’s  • Setting goals with specified objectives so that they reach the grass root level of the rural societies.  • Keeping gender balance  • Forming net work among leaders in various levels with solidarity and commitment  • Creating common understanding and purpose among the people in all the sectors of society
  • 16. Growth rate in agriculture Five year plan Growth rate in GDP of agriculture and allied activities Growth rate in overall GDP 1.Seventh plan 3.2 6.0 2.Annual plan 1.3 3.5 3.Eight plan 4.7 6.7 4.Ninth plan 2.1 5.5 5.Tenth plan 2.3 7.6 6.Eleventh plan 2.7 9.0
  • 17. CONCLUSION • Market-demand research in the importing countries has to be strengthened and protection could be planned accordingly in terms of quantity and quality. • Long-term price trends favor fishery, livestock, traditional products, and agriculture is to have a second Green Revolution. In essence, the second Green Revolution will keep the world green and save if from becoming a dreary desert. • Government must introduce rigorous measures to end corruption in check posts and reduce taxes on transport firms to reduce cost of movement.
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  • 20. Impact on Government  Globalization affects the size and composition of government expenditures.  The globalization process has led to a growing interdependence of fiscal policies affecting inter alia, the composition of government expenditures.  Globalization will affect government’s ability to continue providing the social protection at the level of the past decades.
  • 21. Of the factors influencing the duration of economic growth in both developed and developing countries, income equality has a more beneficial impact than trade openness, sound political institutions, and foreign investment.
  • 22. Impact on Politics  In general, globalization may ultimately reduce the importance of nation states. Supranational institutions such as the European Union, the WTO, the G8 or the International Criminal Court replace or extend national functions to facilitate international agreement
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  • 25. 4. Economic development is heavily dependent on political stability and peace and harmony.
  • 26. GLOBAL CIVIL SOCIETY       Idea of civil society, “We the people,” dates back to Preamble of the Constitution, US First Amendment’s freedom of association and findings of Alexis de Tocqueville in “Democracy in America.” Civil society can be a bowling league, a PTA a Rotary or Optimists Club or it can be as large as the Red Cross, with international and national components. Civil society is often described as the “Third” or “Independent Sector” after the Government and the Market Economy. Civil society organizations (CSOs) are usually associated with nonprofit (with a capacity to receive non-taxable donations) or Nongovernmental Organizations (NGOs, usually operating internationally). Global Civil Society operates independently of both government and inter-governmental organizations, but is closely involved with both of them. CSOs are often identified as “interest groups” or even “pressure groups” for the role they play in lobbying governments and IGOs on issues of concern.
  • 27.   The decentralisation is evident in the installations of the constitutionally approved third tier of the local government. A decentralisation of powers might also be necessary to accommodate the active participation of the voluntary and non-governmental organisations.
  • 28. Globalization as Friend          Rapid Economic Growth More of Investment More of Employment Increase in the Efficiency of Domestic companies. The Government becomes more efficient. New Inventions and Discoveries. New Inventions and Discoveries. Strengthening of Democracy. Cultural linkage.
  • 29. Globalization as Foe           Exploitation of Underdeveloped Countries. Increase in Unemployment. Widening of Rich-poor Gap. Harmful Effects of Consumerism. Adverse Effects on Social Security and Social Welfare. Harmful Effects on Small Industries and Small Business. Cultural Homogenization. Hostile to Humanism. Erosion of Democracy. Destructive of Environment.
  • 30. BIBLIOGRAPHY • www.google.co.in • www.googleimages.co.in • www.wto.com • www.globalizationabout.com •www.bbcglobalization.com • www.wikipedia.org • Textbook : Economics X • India 2020