Question

anylize any 3 effects of globalisation on indian economy

Answer 1

following are the 3 effect of globalization on Indian economy :-

1.Creation of new jobs For those which are Globalization has created new jobs and has helped in reducing unemployment rate to an extent.

2. It has improved the productivity and efficiency of Indian companies in the use of resources through the process of competition.

3.The growth rate of the economy has gone up with the increase in foreign investment and foreign technology in India.

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