Abstract

India benefited greatly from the LPG boom, rising to 9.7% in 2007-2008. The fourth-place capitalization of India. Agriculture has not improved since globalisation. Agriculture accounts for 17% of GDP. Landless households rose, suicidal farmers. Despite the positive results of globalization, rising India is being pushed to address these challenges and to move towards growth early. A prompt message from the visit is that a nation must deliberately choose a policy balance that helps it seize the opportunity while avoiding crashes. The US has remained the world’s largest country for a century, but massive shifts in the global market have led to a transition from rich countries in the US and Europe to two Asian giants – India and China. Ac-cording to economic experts and global surveys, the 21st century is dominated by India and China. India, currently the fourth-largest measure of purchasing power, overtakes Japan, making it the third-largest economy in 10 years. They may also claim that the transformation of everyday life around us responds to globalization. Globalization has positive and negative consequences for the Indian economy. Globalization has taken us a long way since 1991, boosting the development of our country.