Step 1: Reframe as winners and losers:
Liberalization created clear 'winners', the urban educated middle class, IT/service-sector workers, private enterprise, and relative 'losers', small industry, less-skilled and rural workers, and struggling public-sector employees.
Final Answer:
Liberalization's impact on Indian society was uneven: it enriched and modernised some sections while marginalising others, alongside a broader cultural shift towards consumerism and individualism.