Question

Policy initiatives of govt. helped globalization in India

Answer 1

Answer:

Economic activity has become a "major impediment" to growth and development of any country. In order to increase the different sectors of the economy, liberalization was introduced in the India an then it leads to the globalisation.

Among them some of the methods were implemented in the 1980s in the fields of industrial licensing, export-import policy, technology upgrading, fiscal policy and foreign investment, reform strategies launched in 1991 were more extensive.