Globalisation is generally associated with economy as the free movement of capital, goods,technology, ideas and people across the globe. Globalisation in a broader sense also includes cultural exchanges between different countries of the world. In modern world, globalisation has acquired special significance due to development of Internet technology and tele-communication. Therefore, globalisation involves the following features: (i) Economic freedom to trade internationally. (ii) Migration in search of employment and a better life. (iii) Cultural exchange like the spread of Buddhism and knowledge. The interlinking of the world is a continuous process from the past. In the past,interlinking involved only a few travellers, traders, priests and pilgrims who travelled vast distances in search of knowledge, opportunity, spiritual fulfilments or to escape persecution. In modern days, interlinking is faster and involves more people. In other words, the world is shrinking in terms of communication and trade.