Explain globalisation in India
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India embarked on the programme of globalisation in 1991. However, the seeds of
were sown in the early 1980s itself with liberalisation of imports,
granting some concessions to foreign capital and permitting MNCs to enter in some
areas of the Indian economy. But globalisation of the Indian economy started in
full earnest in July, 1991 as an essential part of the policy of economic reforms.
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