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Stage B-Essay Plan
Impacts Of Globalization on India
The globalisation has massively influenced various aspects of Indian society be it areas of education or natural resource management. This essay explores the contradicting impact of globalisation, where it has accelerated many areas of business industry such as growth of automobile industry in India, it has also caused a widening skill gap due to certain trends in education of business and adverse impact on natural resource sustainability.
Societies all over the world have been influenced by globalization, a multi-faceted phenomenon that transform overall economies and cultures all over the world. In India, its effects are especially articulated, creating different viewpoints as per the advantages and disadvantages. Where globalization has increased productivity and profitability by spurring economic growth, expansion and innovation in industries such as the automotive sector it has also unleashed critical flaws in areas like education, where graduates are incompetent for the market, resulting in a significant skill gap. Additionally, the environmental degradation occurred by rapid industrialization are evident due to the mismanagement of natural resources. Understanding these various aspects provides a detailed view of globalization’s role in shaping today’s Indian society.
Societies all over the world have been influenced by globalization, a multi-faceted phenomenon that transform overall economies and cultures all over the world
With the advent of Globalisation in the contemporary business world, there are profound influences on the multiple aspects of Indian culture and society such as in the field of education and automobile industry which highlights the positive and negative aspects as the opportunities and challenges in the evolving globalised economy.
The effect of globalisation on the business curriculum in the educational sector of India highlights a significant skill gap where the graduates from the educational institutions are sub-optimally skilled individuals.
Supporting Idea 1
According to Bhatia and Panneer (2019), after the liberalization of the business education market in the decade of 90’s, the increase in the number of business school has not produced expected results of employment-ready individuals, for managerial roles
It has not led to employable graduates as the education system probably lacks the emphasis upon the crucial skill such as emotional intelligence and fails to comprehend the workplace changes in post globalization era. The statistic highlights the critical need for educational institutions to align their curricula with industry requirements.
Original Text: "About 53 per cent of the employed youth suffer from some degree of skill deprivation, which makes them unemployable." (Bhatia & Panneer, 2019).
Paraphrase: More than the fifty percent of employed individuals experience some level of skill deficiency which contributes in their decision to quit their current jobs as learning options are limited.
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