The Liberalization, Privatization and Globalization (LPG) Poliy was considered the window of great opportunity for India to formally enter into international market as a potential contender. The year 1991 dawned with an economic crisis in the country; it was by virtue of this divergent LPG Policy aimed at opening new avenues for the economy to grow. The book analyses the trends and policy dimensions of privatization and focuses on the growth and impact of global policy on the Indian legal system.