Global Economic Challenges and Indian Parliamentary System

The paper highlights the importance of parliamentary systems and democracy in tackling the present economic challenges throughout the world. The paper has a special focus on India as a specific-case. Maintaining high economic growth, by improving public health facilities, NPAs’ of banks, infrastructure, and tax reform. Despite impressive economic growth trends in recent decades, the country is still relatively poor. The Indian Constitutional makers designed a democratic form of government to choose representatives. The institution of elected legislatures is core to democracy. These institutions provide a forum to find broadly acceptable paths to complex problems through discussion and negotiation by people representing different interests, perspectives and ideologies. Our democracy rests on the belief of citizens that Parliament will perform this function. The cost of not permitting Parliament to function can be enormous as it puts this belief at risk and thus, attacks the foundations on which our democracy is built