In the modern age 21st century, most of the young Indians spend their adult lives talking and working with people who don’t look, eat or speak like them. Unlike their parents, most of them work for Multi national companies with their clients and investors from all around the world.
It was until world class balance of payments crisis in 1991, that gold has to be shipped from India to banks of London as a collateral for International Monetary Fund to get out from the economic crisis of that time. Then finance minister Dr.Manmohan Singh, liberalised the Indian economy. India became the child for globalisation.
History is studied to learn lessons from them. But in this case India made a mistake by looking into its history.
India realised that it could no longer grow without the support from rest of the world. Globalisation bought new trade and industries into the country. The economy fostered and survived from the state it was back then. New jobs opened and India was no longer dependent on itself but on the foreign policy it makes that decides the lives of hundreds of Indians living in the country.
Content inspired from Sashi Tharoor’s PAX INDICA