Economic Reforms Since 1991 · Indian Economic Development

Globalization and the Indian Market

Evaluating the integration of the Indian economy with the global market and the rise of the services sector.

Key Questions

  1. 1How does global competition drive innovation in local Indian manufacturing?
  2. 2What trade-offs does globalization create for small-scale traditional industries?
  3. 3What incentives are driving the shift of global outsourcing to Indian urban centers?

CBSE Learning Outcomes

CBSE: Liberalisation, Privatisation and Globalisation: An Appraisal - Class 12
Class: Class 12
Subject: Economics
Unit: Economic Reforms Since 1991
Period: Indian Economic Development

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The 1991 Crisis and Liberalization

Understanding the Balance of Payments crisis that forced structural changes in the Indian economy.

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