Impact of Liberalization
(a) The impact of Liberalisation on Indian Economy
was well afforeciable with the phenominal growth by contributing $1.3 Trillion
to the world GDP. So also the Indian Economy because the Seventh Largest among
the world leading economies.
(b) Liberalization has opened up new business
opportunities abroad and increased foreign direct investment.
(c) New market for various goods came into
existence and resulted not only in urban but also in rural development.
(d) It became very easy to obtain loans from banks
for business expansion.
Collaboration" is the latest outcome
(f) A number of multinational companies started
operating world-wide including India.