History, asked by tanvi1233456, 4 months ago

when did India adopted globalisation ?

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Answered by skkeshriecrpdayuh
1

Answer:

Man Mohan Singh brought a new policy which is known as Liberalization, Privatization and Globalization Policy (LPG Policy) also known as New Economic Policy,1991 as it was a measure to come out of the crisis that was going on at that time. The following measures were taken to liberalize and globalize the economy

It was formed officially by the Government of India in 1992 with SEBI Act 1992[2] being passed by the Indian Parliament. The stock markets in India remained stagnant due to the controlled nature of the economy up to the early 1990s when the Indian economy began 'liberalizing'

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Answered by kumaragarwalr571
3

Answer:

ABSTRACT The word globalization is derived from globalize which refers to the emergence of an international network of an economic system. Globalization was adopted by Government of India during 1990-91 when Indian Economy was in a worst position.

Explanation:

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