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Globalization involves a stretching of social and economic relationships throughout the world. This becomes possible through the introduction of certain policies. This process is broadly known as liberalisation in India. Liberalisation technically involves steady removal of rules that regulated trade and finance regulations. Once these are done, it constitutes economic reforms. Besides these liberalisation as a process also involves taking loans from international institutions such as International Monetary Fund (IMF). It is important to mention that certain conditions are imposed before loans are sanctioned to a country, which there by leads to introduction of new economic measures. These conditions constitutes the Structural Adjustments. These adjustments usually mean cuts in state expenditure on social sector.