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Question
How has liberalisation impacted the employment patterns in India? Mention any two ways.
Solution
The two ways by which liberalisation impacted the employment patterns in India are:
- Liberalisatfon in India has pushed the government to privatise sectors causing workers to lose their jobs.
- There has been a rise in contracting /outsourcing and secure employment has therefore reduced.
- The next major area of liberalisation could be retail due to coming up of foreign and big business which will affect small business adversely.
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