-RASNEET OBEROISYBMS A34.GLOBALISATION& DECLINE IN PUBLIC
SECTOR ECONOMY GLOBALISATION IN INDIAIndia had the distinti!n !"
#ein$ the %!&'d(s 'a&$est e!n!)* in the #e$innin$ !" the
Ch&istian e&a+ as it a!,nted "!& a#!,t 3-../ sha&e
!" %!&'d GDP and a#!,t 3-.0/ !" the %!&'d 1!1,'ati!n. The
$!!ds 1&!d,ed in India had '!n$ #een e21!&ted t! "a& !3
destinati!ns a&!ss the %!&'d.456 The&e"!&e+ the
!ne1t !" $'!#a'i7ati!n is ha&d'* ne% t! India.CONTENTS UNDER
GLOBALISATION5 T&ade- Pa*)ents3 In8est)ent4 Re)ittanes0
Re"e&enesTRADEIndia ,&&ent'* a!,nts "!& 5.-/ !"
9!&'d t&ade as !" -::; a!&din$ t! the 9!&'d
T&ade O&$ani7ati!n )a&>et and the
e)1'!*ees.Be"!&e the *ea& -:::+ the $!8e&n)ent had
1&i)a&i'* s!'d )in!&it* sha&es in 1,#'i set!&
!)1anies. The 1&ie &ea'ised th&!,$h the sa'e !"
sha&es+ e8en in #',e hi1 !)1anies 'i>e IOC+ BPCL+ KPCL+ GAIL
& GSNL %as '!%. On the !the& hand+ the 1&ies
&ea'ised th&!,$h st&ate$i disin8est)ents ha8e #een
hi$h.@ea&s e21&essed #* e)1'!*ees !" P,#'i Set!&s !n
disin8est)ents a&e ,n"!,nded. O" a t!ta' %!&>"!&e !"
a#!,t 30: )i''i!n in the !,nt&*+ the 1,#'i set!& e)1'!*ees
a&e a#!,t - )i''i!n.STRATEGIC SALESa'e !" a 1!&ti!n !&
%h!'e !" G!8e&n)ent eB,it* a'!n$ %ith t&ans"e& !"
)ana$e)ent !nt&!' is a''ed St&ate$i Sa'e. The eB,it* s!'d
is $ene&a''* 'ess than -0 1e& ent i" the &eent
e21e&iene sta&tin$ "&!) M!de&n @!!ds t! GSNL+ IBP
and IPCL a&e the indiati!ns.At the sa)e ti)e+ eah !ne has seen
)ana$e)ent !nt&!' t&ans"e&&ed t! the 1a&t* that
#id "!& and #!,$ht the $!8e&n)ent eB,it*. The ad8anta$es
%ith st&ate$i sa'e a&e that
