1. As globalization measures tend to integrate all economies of the world and bringing them all under one umbrella.
2. They pave the way for redistribution of economic power at the world level.
3. Well-developed countries are favoured in this process and the welfare of the lessdeveloped countries will be neglected.
4. Globalization refers to the integration of the domestic (Indian) economy with the rest of the world.
5. Import liberalization through reduction of tariff and non-tariff barriers, opening the doors to Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI) are some of the measures towards globalization.
