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VOL. 3, ISSUE 1 (2018)
Economic administration and financial management an evaluative study of impact of globalization in Rajasthan economy special reference to small scale industries in Rajasthan
Authors
Ramotar Saini, Dr. Jitendra Kumar Sharma
Abstract
Globalization signifies a process of international plus liberalization. It is process of integrating various economies of the world with out creating hindrances in the free flow of goods and services, technology, capital even labour or human capital Globalization happens through three channels, trade in goods & services, trade, technology and culture spread into the entire Geography of the world thus turning it into a global village. While globalization is a large scale phenomenon and small scale enterprises are a local phenomenon but having wide effects as large as it`s global ' friend and foe'. Friend -because both globalization and small scale industries are the two wheels of the vehicle of economic growth and prosperity. foe-because some argue that given the developing nation that India is Small Scale Industries (SSIs) can suffer and strangulate to death by fierce competition put up globalization. has led to an 'Unequal Competition' -a competition between giant MNCs and dwarf Indian enterprises`. The small scale sector is a vital constituent of overall industrial sector of the country and forms a dominant part of Indian industry contributing to a significant proportion of production, exports and employment. The present study focus on the impact of globalization Rajasthan Small Scale and also focuses on the performance of before and after globalization (1).
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Pages:816-818
How to cite this article:
Ramotar Saini, Dr. Jitendra Kumar Sharma "Economic administration and financial management an evaluative study of impact of globalization in Rajasthan economy special reference to small scale industries in Rajasthan". International Journal of Academic Research and Development, Vol 3, Issue 1, 2018, Pages 816-818
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