2023.01.31
India
Corporatization of the Governance in India
In recent years, the system of governance in India has gone through massive reforms to keep up with the latest global economic development trends, with the Indian government establishing a new model of ‘maximum governance, minimum government’. Whilst having a federal structure, India is often referred to as ‘quasi-federal’ due to the strong concentration of powers at the national (‘union’) level. There have also been efforts to decentralize powers, functions and democracy down from the state to the local level, through the 73rd and 74th Constitutional Amendments of 1992.
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