Globalisation and its impact on Indian economy

Abstract

Globalisation has opened up new and tremendous opportunities for worldwide developers. To accrue the benefits of globalisation, India introduced economic policy changes and integrated its economy to the international economy since the Cold War end. It has brought far-reaching implications on India's economic, trade and investment relations with the countries of the world. India?s economic achievement over the last two decades has attracted the attention of other regional and global powers for closer cooperation with India. The paper seeks to analyse the implications of globalisation to the Indian economy in the post-cold war era. It first discusses the concept of globalisation and its chief features. It also examines the performance of the Indian economy since the arrival of globalisation in India. It also highlights the measures taken by the government to improve the economy of our country.