Question

What do you understand impact of globalisation in india?

Answer 1

Indian Society is drastically changing after globalisation and urbanisation has brought a lot of changes in the Indian culture. Economic polices have a direct impact in shaping the structural framework of economy. Economic polices formulated and executed by the government, have also played an important role in determination of levels of income, savings, investments and employment in the society. It will be a mistake to assume that India can evaluate an effective machinism for economic reforms and it will be difficult for India to adopt with global changes without dealing with domestic problems like control of terrorism, providing employment to rural educated people, and work for the rural poor, empowering women and marginalised people and providing reasonable price and market facilities for the farmers. Global changes are operating on many new areas of conflict and cooperation for India and we can achieve a new level of integration of Indian economy with world markets on the basis of protection of our own national interest.

Answer 2

Explanation:

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