Question

Haw has privatization an globalization effected the growth of india economy Explain​

Answer 1

Explanation:

The purpose of privatisation was mainly to improve financial discipline and facilitate modernization. And also will help in improving performance of PSUs.

Globalization increases the exports and raised the inflow of foregn exchange

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Answer 2

The privatization and globalization effected the growth of indian economy.

Explanation:

• Privatization and globalization have affected the Indian economy in a number of ways such as in terms of agriculture, finance, industry, and health care.  

• The availability o subsidy came only after the LPG that is liberalization, privatization, and globalization policy.

• Globalization has joined the societies and cultures that are increasingly become integrated in terms of economics, trade, capita flow foreign direct investments.  

• It has created a new industrial policy that relates to the devaluation, disinvestment and allows o FDI to flow along with various NRI schemes.

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