How did liberalisation policy have an impact on the Indian markets?

The impact of liberalisation policy on Indian markets are stated below –

•The foreign branded goods are now available in every corner of Indian market.

•Some sectors enjoy the benefit of liberalization while others are not able to compete with it.

•It has resulted in reduction or withdrawal of support prices and subsidies.

•It is not easy for the small manufacturers to exist or survive in Global competition.

•The employment of unorganised sector is growing at the expense of employment of organised sector.