Economy, asked by SweetCheeks012, 7 months ago

Explain globalisation in India

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Answered by Anonymous
19

Answer:

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.

Explanation:

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Answered by topper05
1

Globalization is a process that encompasses the causes, courses, and consequences of transnational and transcultural integration

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