ABSTRACT

This chapter provides a critique of India's ongoing reforms with respect to democratic governance in the country. India gained independence through a process of intense political bargaining between the leaders of the Indian National Congress and the Muslim League on the one hand, and the departing British imperialist authorities, on the other. In 2012, Economics Nobel laureate and former senior vice-president of the World Bank Joseph Stiglitz forewarned that Indian democracy would cease to be meaningful if inequalities were not properly addressed. India launched its tryst with democratic governance with some high principles proclaimed in the Constitution's preamble and the Directive Principles of State Policy. The economic reforms introduced in India over the last two decades have not benefited the majority of the people, a scenario which Amartya Sen has aptly described as the penalties of globalisation. The Indian economy has recently entered the exclusive elite club of a trillion-dollar Gross Domestic Product (GDP).