The Relationship between Business and Political Structure in India: A Descriptive Analysis

Abstract

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Political leaders in a modern democracy have the authority and duty to design intricate economic regulatory frameworks within which various commercial and industrial sectors are to operate and be managed. The present study describes the relationship of businesses in India with political changes. The article examines the influence of business organisations in Indian politics. The normative and scholarly value of investigating the influence of business in Indian politics cannot be overstated. Inevitably, as the private sector spearheads India’s rapid economic modernisation, there will be a shift in political power towards business interests. In a capitalist economy, business organisations play a significant role in the economy and have the right to take part in politics. The crucial relationship is found between them and discussed wisely in the present study. The paper also studies how the Government of India has initiated its inputs to uplift the business sector to accelerate economic growth and increase foreign reserve.

Keywords: Indian Politics, Business, Economy, Colonial State

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