what were the major consequences of …

The major consequences of the disintegration of the Soviet Union for countries like India were:

1. First of all, it meant the end of Cold War confrontations. The ideological dispute over whether the socialist system would beat the capitalist system was not an issue anymore. The end of the confrontation demanded an end to this arms race and possible new peace.
2. Second, power relations in world politics changed and, therefore, the relative influence of ideas and institutions also changed. The US became the sole superpower and US economy the dominant economic system internationally.
3. Third, the end of the Soviet bloc meant the emergence of many new countries. All these countries had their own independent aspirations and choices. Some of them, especially the Baltic and East European states, wanted to join the European Union and become part of the North Atlantic Treaty Organisation (NATO). Thus, the international system saw many new players emerge, each with its own identity, interests, and economic and political difficulties. It is to these issues that we now turn.