critically examine the impact of globalization in India
Answers
In the last twenty years,globalisation of the indian economy has come a long way..Globalisation has created new opportunities for companies providing services,particularly those involving IT.Among producers and workers the impact of globalisation has not been uniform.
There is a greater choice before these consumers who now enjoy improved quality and lower prices for several products.As a result, these people enjoy much higher standard of living than was possible earlier...
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It will increase output, employment opportunities and economic development of the country. Living standard of people in India has been developed due to increase in the wages of skilled and unskilled labor. The poverty ratio of urban and rural areas has been decreased to a greater level.