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India's Political System and Growth Process?
India's Political System and Growth Process?
and
growth process?
Current political dynamics of India might hinder the economic
growth.
The political system is democracy whereby the coalitions and parties
can get the power of ruling and effecting the policies of the
1950s
Planned Economy
1980s onward
Market Oriented Economy
Several political dynamics would hinder the realization of the economic plans
Lok Sabha oppositions might oppose the economic reform plans
Differences among governments in different states
Terrorism, religious violence and caste-related differences. And specific support
of some governmetns from specific caste in their region.
Policies regarding poverty is not well established in the liberalized economy. The
poor might not benefit from the liberalization.