Describe 4 effect of liberalisation in india class10
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Due to liberalisation there was globalisation.
MNC started investing in india and increased with time as it was beneficial for them
I ndian markets now had to face global competition and since some were not able to face the competetion they were to be shut down for ex . Toy factories of india
Labour laws were made flexible according to liberalisation but it was beneficial to mncs not the employees it was against the workers
Local and domestic markets of india couldnot develop
I hope these easy points are helpful
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