Synopsis The book has been designed to make available adequate feedback on 'Globalisation'. Since mid 1991 a new chapter has been added to our economy called globalisation. It means integration of economies and societies through cross country flows of information, ideas, technologies, goods, services, capital and manpower. Thus globalisation is a process for integration of the national economy to world economy. It includes free trade policies creating competitiveness at domestic and international level, privatization, free flow of capital as well as manpower.