Social Sciences, asked by sakshi103, 1 year ago

impact of globalisation in india

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Answered by utkarsh36
9
Globalisation has both merits and demirits in india.The impact of globalisation has not been uniform.... It has only benefitted skilled and professional person in urban not the unskilled persons. The industrial and service sector has much gained in globalisation than in agriculture. It benefitted MNCs on domestic producers and the industrial working class. Small producers of goods such as batteries, capacitors, plastics, toys, tyres, dairy products and vegetable oil have been hit hard by competition from cheaper imports.through it various technologies have flowed to india
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Answered by shiva2222
2
hi
Impact of Globalization on Industrial Sector: Effects of Globalization on Indian Industry started when the government opened the country's markets to foreign investments in the early 1990s. ... The government of India made changes in its economic policy in 1991 by which it allowed direct foreign investments in the country.
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