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Economic liberalization brought about significant changes from "summary" of India After Gandhi: The History of the World's Largest Democracy by Ramachandra Guha
The process of economic liberalization in India had far-reaching consequences that transformed the country in numerous ways. By opening up its economy to foreign investment and reducing government control over various sectors, India experienced a wave of changes that impacted its society, politics, and culture. One of the most significant changes brought about by economic liberalization was the rapid growth of the Indian economy. With increased foreign investment and the entry of multinational corporations, India's GDP saw a significant increase, leading to higher standards of living for many of its citizens. This growth also led to the creation of new job opportunities in various sectors, contributing to a rise in employment rates across the country. Moreover, economic liberalization had a profound impact on India's urban landscape. As foreign companies set up operations in major cities, urbanization accelerated, leading to the development of modern infrastru...
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