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Critically examine the impact of globalization in India.

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Impact of Globalization in India: 

i. Stiff competition for local producers and manufacturers. 

ii. No job security 

iii. Workers are denied their fair share of benefit 

iv. Long working hours and low wages to the worker. 

v. Expansion of unorganized sector. 

vi. New opportunities for IT sector 

vii. Increase in investment and foreign trade 

viii. Any other relevant point.

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