It is clear that globalization is something more than a purely economic phenomenon manifesting itself on a global scale. Among the visible manifestations of globalization are the greater international movement of goods and services, financial capital, information and people. This paper tries to capture how these economic changes brought about by globalization have affected India considering the rural and urban sectors separately. Market and Government are the pillars of economic growth which affect poverty and inequality since both involve reallocation of resources. The main aim of the paper is to study and analyse the overall view of globalization in India, considering the rural and urban dynamics which determine the relationship between economic growth and poverty.
Globalization, Sustainability, India