What are the reasons behind the phenomenon of deglobalization that is currently observed globally? Are there any benefits for Indian society in the context of deglobalization?

Topic: Effects of globalization on Indian society.

3. What are the reasons behind the phenomenon of deglobalization that is currently observed globally? Are there any benefits for Indian society in the context of deglobalization? (250 words)

Difficulty level: Moderate

Reference: Live Mint

Why the question:

The article discusses the impact and consequences of de-globalization.

Key Demand of the question:

To write about deglobalisation, its causes and impact on the Indian society.

Structure of the answer:

Introduction: 

Start by defining deglobalisation.

Body:

First, in the detail explain the carious facets of deglobalisation – economic and cultural.

Next, write about the various factors leading to deglobalisation – pandemic, nationalism, shortages, lack of basic needs etc.

Next write about the various positives and negatives of deglobalisation on the Indian society. Specifically highlight the various positives of deglobalisation – reduce income inequality, reduce environmental disequilibrium etc.

Conclusion:

Conclude with way forward to address the negatives.