“The impact of Globalization has not been uniform.” Explain this statement.

Impact of Globalisation, has been labelled non- uniform as on one hand it has greatly increased pace of GDP, increased investment in developing countries, increased volume of trade which in turn has provided employment to millions of people and let to expansion of Indian companies. Ex- Tata Motors (Automobiles), Infosys (IT), etc.

However on the other side, Globalisation has increased income inequality, has led to contractualization of labour, and shifting of hazardous industries to developing countries. All these aforementioned scenarios clearly states that the impact of Globalisation has been uneven.