MNCs, a virtue of modernised enslavement, has become a new culture prevalent not only in India but across the world. A cautious analysis of the pros and cons of the MNC culture shows how appalling and painful it is to see the sole wealth of the nation, our youth, totally captivated with the greed of wealth, losing themselves to their entirety.
Several arguments have been made in favour of MNCs and their culture, especially suggesting them to be contributory factor in our economic development. However, in practical, MNCs have acted as impediment to our economic development. A careful analysis shows that development of an economy is based on the wealth and standard of living of its people, which comes from its manpower, their health and capability. When we think of ourselves, our standpoint is surging down on daily basis in terms of our manpower. We can briefly discuss them as follows:
Wealth that denotes the economy of the country is divided into three classes in the society, namely, rich, middle and poor. Although the rich and poor class manage to be within their blocks, the lucrative offers of these companies draw in the middle class with their desire to achieve beyond their reach. The middle class are ready to compromise everything in a bid to live a life of luxury. In turn, they fall victims to circumstances where they get trapped in the quicksand of multiple loans.
Although the status of an average Indian has gone up, yet the lack of strength and confidence stops him to represent his luxurious life as his own. A bi-product of these MNCs is the pervasiveness of EMI. Everything these days is purchased on EMI, and the day we finish paying the instalments for a thing and make it our own, we would need to replace the product having undergone too much wear and tear. Moreover, the human being in its preference for a higher ranged product out of greed get trapped in the same vicious cycle time and again. The lucrative salary offered by these MNCs give us the confidence to bear the EMI. On introspecting, we find that what we possess today with that high salary is simply ‘Nothing’. However, in present times, this living standard with a high burden of loan is being called Economic Development.
Young India, the backbone of India, in their greed for money is blindly following the currency like a sheep herd, which is quiet disheartening. A few of them prefer working abroad serving other nations, while the remaining are serving these MNCs within our country. This is what we call as ‘Brain drain’. Our geniuses are working harder round-the-clock economic development of other countries. Hence, these countries are termed as the developed ones while ours still remain as the ‘Developing Nation’ and will remain so, with our manpower putting all their efforts to further develop the Developed Countries. It would be very difficult for our economic development to compete and find a status in this world, with our own men playing a role of rivals.
Again, the success of our mission in the race of life is being established at the cost of health. ‘Rotational Shifts’ have been the new term coined by the MNCs in its pursuit of development. Our youth is willing to follow it without foreseeing its negative impacts on his health and personal life. In his blind rush for money, he works round-the-clock, forgetting family and friends, which alter his biological clock and affects his immune system. There has been an increasing number of health-related issues faced among the 20–30 age group, which is alarming. This raises the question whether these MNCs causing such negative health effects on our manpower are really promoting the Indian economy. A famous quote from Billy Graham says, “When wealth is lost, nothing is lost; when health is lost, something is lost; when character is lost, everything is lost”. India was always renowned for its great influencing culture. MNCs spoiled the Indian culture and most of the teenagers are frequently visiting pubs, bars and disco. This is badly affecting their morality, and the drunken youth are resorting to violence and losing their ethics, which in turn is leading to criminal and sexual offenses even putting relationship to shame.
In brief, the MNC culture is ruining the Indian youth, causing the society devoid of its cultural values with ‘No’ brain working for us, ‘No’ health, ‘No’ concern for family, ‘No’ moral, ‘No’ character. All this blind rush for money has contributed to the economy nothing but loans, the priceless gift of MNCs to our country.