Do you agree with the statement? Build up your argument to support your stand.
MNCs, a culture of modern India, a virtue of modernised slavery; not just limited to one, but to different countries of the world. When we carefully analyse the pros and cons of the MNC culture, it is highly shocking and painful to see our soul wealth, our youth, totally surrendered to the greed of wealth, losing themselves to their entirety.
We find a lot many arguments to support the MNC and their culture, especially denoting them to be helpful in our economic development. Still this remains to be a big question mark in actuality. In the practical world, MNCs have indirectly put us down in terms of our economic development. If we carefully observe the basis of the development of economy of any country, it starts with their wealth and standard of living, which comes from the manpower of that nation, their capability and health. When we look upon ourselves, our stand is surging down day-by-day in terms of our manpower. We can discuss them briefly one by one.
Wealth, denoting the economy of the country is divided in 3 sections in our society, namely, rich class, middle class and poor class. The two extremes still manage to be within their blocks; but the middle class, with their eagerness to rise beyond their reach, get easily attracted to the lucrative offers of these companies. They are the ones who are ready to compromise everything, to earn and lead a life of luxury. In turn, they become the victims and get stuck in the quicksand of multiple loans.
Undoubtedly, the living standard of an average Indian has risen up; still he lacks the strength and confidence to portray his luxurious life as his own. An era of EMI is the bi-product of these MNCs. Everything that we purchase is on EMI, and the day we end up paying the instalments for a thing and proudly announce as our own, the product would have already undergone much wear and tear to the extent, that it demands a replacement. And here, the human mentality and greed makes us enter the same vicious circle again and again, as we always prefer a replacement with a higher ranged product. We have gained the confidence to bear the EMI because of the lucrative salary offer by these MNCs. When we peep within, what we own today with that high paying job, is simply “Nothing”. And this standard of living with a high burden of loan is what we happily call Economic Development today.
