INTRODUCTION OF

GLOBALISATION
Globalisation refers to the
increasingly global relationship of
culture, people, and economic
activity. It is generally used to refer to
economic globalisation. The global
distribution of the production of
goods and services through reduction
of barriers to international trade such
as tarrifs, export fees and import
quotes.

SECTORS AFFECTED BY
GLOBALISATION

Agricultural
Banking
Financial
Informational Technology
Economic
Political
Health care sector
Tourism
Infrastructural sector
Telecommunication sector

Electronics
Textiles & apparels
Capital goods
Engineering goods
Chemicals
Petroleum
Chemicals &
fertilizers
Consumer nondurables
Steel & non-ferrous
metals

Impacts of Globalisation on
various sector.
There are several
effects of
globalisation in every
sector related to
global market, global
trade as well as
individual sector.
These effects has
positive as well as
negative aspects.
Globalisation affects
to an individual, local
business firms as
well as a Nation. It

Impact on agricultural
sector
India is principally an agricultural country.
India has emerged as a major player in the
global agriculture market.
Agriculture sector contributes high rates
to Indian GDP.
Globalization led to changes and
improvement in agricultural policies.
New and modern policies helped farmers
to get loan from banks for farming.
Globalization made farmers aware of new
technology and knowledge about modern
farming.

Impact on information
technology sector
Modernisation of informative technology
has became possible only with the help of
globalisation.
Adoption of new technology from one
nation to another.
Development of IT sector led to get
advanced technology.
For example: large no. of data can be
stored in finger
size small
device_pendrive.
Improvement in IT sector indirectly led in
perfection of security systems, which help
during wars.
Use of internet became a major source of

Impact on
Telecommunication
sector
Made communication
easy and comfort.

Reduced communicating charges respect to preglobalisation.

Letters and telegrams replaced with SMS and emails.
Globalised telecommunication facilitates to travel
miles just in couple of hours.
One can transfer his money using money transfer
facilities.
One can get information of any part of the world
via newspapers, television, etc. which are also the
part of communication.
Communication facilities became necessities.

Impact on commodity
sector
It deals in raw materials or
primary products.
Globalisation helps to get
commodity to any corner of
the world .
For example: India import
wood from Africa for
furniture and floorings.
Commodity exchanges:
MCX, AHCX,AFMX etc.
Exchanges were setup after
globalisation for betterment
in trade of commodities.
Commodity contribute major
part to GDP of an economy.

Impact on banking
sector
Globalization of the banking sector is essential in
that it brings new technology which help improve
banking services.
The enhanced role of banking sector in the
Indian economy , the increasing levels of
deregulation along with the increasing levels of
competition have facilities globalization of the
Indian banking system and placed numerous
demand on banks.

Benefit to Indian
economy

*Growth in GDP.
*Increment in foreign investment.

The Negative Effects of

Globalization
Globalization has led to exploitation of labor.
Prisoners and child workers are used to work in
inhumane conditions. Safety standards are
ignored to produce cheap goods
Job insecurity.
Terrorists have access to sophisticated weapons
enhancing their ability to inflict damage.
Terrorists use the Internet for communicating
among themselves.
The number of rural landless families increased
from 35 per cent in 1987 to 45 per cent in 1999,
further to 55 per cent in 2005.
Our progress in education has been slow and

Contt
Companies have set up industries causing
pollution in countries with poor regulation of
pollution
Fast food chains like McDonalds and KFC are
spreading in the developing world. People are
consuming more junk food from these joints
which has an adverse impact on their health.
Bad aspects of foreign cultures are affecting the
local cultures through TV and the Internet.
Enemy nations can spread propaganda through
the Internet.

Contt
Deadly diseases like HIV/AIDS are being spread by
travellers to the remotest corners of the globe.
Local industries are being taken over by foreign
multinationals.
There is increase in human trafficking.
Multinational Companies and corporations which
were previously restricted to commercial activities
are increasingly influencing political decisions.
Share of agriculture in the GDP went down
drastically to 24 per cent and further to 22 per cent
in 2006-07.

As every coin has two

side heads and tails,
GLOBALIZATION also has
two aspects positive as
well as negative.
But than too
Globalization is a push
not only for development
of a country or an

***THANKING YOU***

*Jafar. Shaikh
*Yash.Mutha
*Leena.Sangh
*Krutik.Raval
*Ankita.Tapar
*Kunal. Meht
*Jay. Patel
*Bhavik. Mist
*Chillin. Jain
*Bhavnish. Si
*Hiten. Parikh
*Deepa. Shar
*Deven. Parik