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Index
Cover
Half Title
Title Page
Copyright
Contents
Preface
Introduction
1. Evolution of India’s Democracy since Independence
The Benefits of Freedom
The Functioning of India’s Democracy
The Shrinking Role of Parliament
The Politicization of the Bureaucracy
An Overburdened Judiciary
2. The Rewards and Discontents of Democracy
Growth and Democracy
Votes and Equity
The Price of Liberty
3. Role of Parliament, Executive, and Judiciary
The Diminishing Role of Parliament
The Executive and the Judiciary
The Principle of Collective Responsibility
The Politicization of Administration
Separation of Powers
4. The Effects of Corruption in India
The Economic Effects of Corruption
The Need for Institutional Reform
Supply-Side Measures
Demand-Side Measures
5. Governance and Politics
Democracy, Politics, and Economics
Administrative Structure
Concluding Observation
6. The State of the Financial Sector
East Asian Crisis
The Indian Experience
Financial Reforms in the 1990s
Agenda for the Future
7. Towards a More Vibrant Banking System
The International Context
Non-Performing Assets
New Technology
Human Resource Development
8. Politics in Resurgent India
Fragmentation of Parties
Federation of States
Criminals in Politics
Administrative Reforms
Ministerial Responsibility
Depoliticization of Bureaucracy
Rationalization of Subsidies
9. Priorities for the Future
Making the Right Choices
The Cost–Benefit of Economic Policy
Fiscal Situation
Legal and Administrative Reforms
Benefits of Globalization
Index
Copyright Acknowledgements
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