Haw has privatization an globalization effected the growth of india economy Explain
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Double Blind, Peer Reviewed, Indexed Journal ISSN : 2349-2139 Prime International Research Journal, Vol. I, Issue 4, December, 2014 Page 22 automatic approval of foreign direct investment in many sectors.The primary objective of this model was to make the economy of India the fastest developing economy in the globe with capabilities that help it match up with the biggest economies of the world. Literature Review Mukeshkumar(2014) in their paper entitled “ Impact of Economic reforms on India”made study with objective to find out the impact of Globalization on India and also study Performance of the corporate sector after 1991. Finding shows that during the 11-year period 1995-2006 India’s merchandise exports increased at the rate of 13.3 percent per annum and corporate sectors growth rate in sales and net profits is increased. Dr.Thakur B., Sharma V K., Som Raj (2012) in their paper entitled“Had Economic Reforms had an Impact on India’s Industrial Sector?” threw the light on impact of Economic reforms on Industrial sector. Findings shows that Economic reforms had started showing positive impact on current Indian industrial performance in the last few years in terms of increase in level of productivity and reasonable rate of growth of industrial sector because of Liberalisation. VaghelaDhariniIshvarsinh (2014) in their paper entitled