Major problems created by the globalisation for a large no. of small producers and workers are:
(i) It may lead to widening of income inequalities among various countries.
(ii) Worker’s jobs are no more secured in MNCs.
(iii) It led to the expansion of unorganised sector.
(iv) Small manufacturers have been hard hit due to severe competition.
(v) Several units have been shut down rendering many workers Jobless.
(vi) Lives of workers are on the whims of employers.
(vii) Workers are denied of their fair share of benefits.
