Globalisation
Globalization in the context of Indian economy refers to the integration of the Indian economy with the global market, which began to take shape significantly after the 1991 economic reforms. Prior to this, India followed a policy of self-reliance and protectionism, characterized by import substitution, a closed economy, and state control over key sectors. However, the economic crisis of __________ _____ ______ ______ ___ ______.
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