Question
How has globalisation impacted on India and how is India in turn impacting on globalisation ?
Solution
As an impact of globalisation, India embarked on a programme of economic reforms that has sought increasingly to deregulate various sectors including trade and foreign investment.
Those on left argues that globalisation represents a particular phase of global capitalism that makes the rich richer and the poor poorer. In 1999, at the World Trade Organisation Ministerial Meeting at Seattle, India and other countries protested against unfair trading practices by the economically powerful states. Resistance to globalisation in India has come from different quarters
