History, asked by arun196, 1 year ago

how did the indian economy adapt to globalisation in 250 words

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Answered by GreatGP
2
Protests from the people affected in different countries, more so in Russia and few other former Soviet Republics in Central Asia and Eastern Europe and in South America as late as September and October 2004, indicate that the US’S agenda of globalisation is increasingly meeting with resistance from a wider section of people. The LTA government with its left Allies that has assumed power at the centre in India in May 2004, has also promised to re-look at the reforms pursued and make it people-friendly, particularly those along the margins of the society socially and economically.

The World Bank too has been considering a review of reforms for the benefit of wider sections of the society. People in the rural areas in India, now benefited by the painstaking work of the NGOs and the media, have become articulate on questions of environmental degradation by the Transnational Corporations’ dumping of hazardous wastes and people-to-people friendship across the boundaries. For instance, despite threats to their lives from the militants in Jarnmu and Kashmir, people in Indian Kashmir and in the Pakistan occupied Kashmir have been vociferously demanding opening of transportation links across.

Similarly, in the Barmer district of Rajasthan and across the international border at Sindh, people have been eager for a promised route from Kokraphar to Murabas. In short, policy makers, and the media have realised that people to people relationships impact enormously the process of sustained peace and averting conflicts. Peoples’ action based on the ideology of human centredness has emerged as the key to questions of peace and conflict. Concern for human beings has come to occupy centre stage. The existing regional and international organisations like the Asla-Pacific Economy Forum, European Union, SAARC have been focusing on bringing about people’s access across restrictive boundaries.


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