The Impact of Globalization on Indian History: Tracing Socioeconomic Changes from Independence to the Present

Author(s): Dr. Dharmendra Sharma

Publication #: 1501033

Date of Publication: 25.07.2015

Country: India

Pages: 154-160

Published In: Volume 1 Issue 1 July-2015

DOI: https://doi.org/https://doi.org/10.5281/zenodo.10794748

Abstract

This research paper examines the multifaceted impact of globalization on Indian history, focusing on socio-economic changes from independence to the present. It explores the transformative effects of globalization on India's economy, culture, politics, environment, and society. Beginning with the liberalization reforms of the 1990s, India embarked on a path of economic integration, experiencing rapid GDP growth, increased foreign investment, and trade expansion. However, globalization has also led to challenges such as rising inequality, cultural homogenization, and environmental degradation. Through case studies and examples, this paper illustrates the diverse impacts of globalization on sectors such as information technology, agriculture, and urbanization. Looking ahead, the paper discusses future prospects and policy recommendations for navigating the opportunities and challenges of globalization, emphasizing sustainable development, social inclusion, and environmental conservation.

Keywords: Globalization, India, socio-economic changes, liberalization, economic growth, cultural impact, political transformation, environmental sustainability, future prospects, policy recommendations.

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