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...Www ijcrt org volume issue oct issn globalisation and its impact on indian economy developments challanges prof seetalad shanmukhappa asst professor of commerce govt first grade college ranebennur abstract this paper will discuss the benefits drawbacks from point view that globalization made in developing countries three important fields such as economic trade processes education health systems culture effects it is consists four paragraphs paragraph one detriment field be discussed then two both sides shown positives negatives illustrated finally deal with conclusion offer an opinion new buzzword has come to dominate world since nineties last century end cold war break up former soviet union global trend towards rolling ball frontiers state increased reliance market renewed faith private capital resources a process structural adjustment spurred by studies influences bank other international organizations have started many also brought opportunities greater access developed country mar...