IAS (Admin.) IAS Mains GS Paper 2 (Governance, Polity, Social Justice, & IR) Constitution-Historical Underpinnings Study Material (Page 18 of 19)

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Perspective on Nature of Indian State: Neo-Liberal State, Proponents of Neo Liberalism, Gandhian Perspective

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Neo-Liberal State

Dr. Manmohan Singh warned any further delay in macroeconomic adjustment (i.e.. economic reforms) would make the balance of payment situation unmanageable and inflation would exceed beyond tolerance.

Task ahead of neo liberal state:

  • To progressively reduce the fiscal deficit of the central government,
  • Reduce the revenue deficit and current account deficit in the balance of payment
  • To liberalize the policy regime for direct foreign investment,
  • Adopt austerity measures to encourage accumulation of capital for the creation of wealth,
  • Reduce fiscal deficit by reducing the expenditure and inc…

… (921 more words) …

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Perceiving and Building Institution: President Office- Article 53 of Constitution Lays down, Nehru – Prasad Interaction on Role of President, Nehru – Patel Interaction on Pm Cabinet, Nehru Critique of ICs, Patel Argument

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President Office

The constitution makers modified the Westminster system to suit the requirements of the country. The cabinet form of government consists of elected representative who constitute executive individually and collectively responsible to legislature was modified to accommodate indirectly elected president who was the constitutional head.

Article 53 of Constitution Lays Down

″ The executive power of union shall be vested in the president and shall be exercised by him either directly or through officers subordinate to him in accordance with this constitution ″

Article 74 lays down the function of president:

  • There shall be council of minister with prime ministe…

… (517 more words) …

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