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International Journal for Research Trends and Innovation
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ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Impact Factor : 8.14

Issue per Year : 12

Volume Published : 7

Issue Published : 79

Article Submitted : 5528

Article Published : 3054

Total Authors : 7813

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Paper Title: Globalization and Indian Economy
Authors Name: Naveen Kumar
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IJRTI_183800
Published Paper Id: IJRTI2208194
Published In: Volume 7 Issue 8, August-2022
DOI:
Abstract: Abstract The term globalisation comes from the word globalise, which refers to the formation of a worldwide network of an economic system. Globalization was implemented by the Government of India in 1990-91, when the Indian economy was in a bad state. It was, however, implemented not as a remedy to the weakening Indian economy, but to allow India to get further foreign exchange loans from the World Bank, since India's foreign exchange reserves had been reduced to a paltry three weeks outflow. To improve its poor financial health, the Government of India chose to privatise and liberalise its economy. These choices had an instant favourable impact. Globalization, on the other hand, has proven to be a two-edged sword. It momentarily assisted India in meeting its increasing demand for foreign cash, but it has resulted in.
Keywords: Current Account Deficits, Disinvestment, Liberalization, Privatization, Western Culture.
Cite Article: "Globalization and Indian Economy", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.7, Issue 8, page no.1207 - 1208, August-2022, Available :http://www.ijrti.org/papers/IJRTI2208194.pdf
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ISSN: 2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publication Details: Published Paper ID: IJRTI2208194
Registration ID:183800
Published In: Volume 7 Issue 8, August-2022
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Page No: 1207 - 1208
Country: Rohtak, Harayana, India
Research Area: Social Science and Humanities 
Publisher : IJ Publication
Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2208194
Published Paper PDF: https://www.ijrti.org/papers/IJRTI2208194
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED
Journal Starting Year (ESTD) : 2016

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