Topic: Important aspects of governance, transparency and accountability, e-governance- applications, models, successes, limitations, and potential; citizens charters, transparency & accountability and institutional and other measures.
5) The Political Meddling in the institutions has deteriorated the credibility of the institutions over time which in turn has crippled the economy. Elaborate with examples.(250 words)
Why this question:
The article explains in what way The credibility of the RBI, the CSO and the Niti Aayog has taken a beating in recent times due to political interference.
Key demand of the question:
Bring out the recent controversies that have arisen due to lack of credibility in the way institutions have been contributing to the economy in justifying their roles.
Elaborate – Give a detailed account as to how and why it occurred, or what is the particular context. You must be defining key terms where ever appropriate, and substantiate with relevant associated facts.
Structure of the answer:
In brief explain the ongoing issues with institutions in the country.
Discuss in brief the role of institutions in a political economy.
Explain the recent instances in which the autonomy of the institutions got crippled- RBI, NITI Aayog, CSO etc.
Discuss on the present slowdown in the economy vis –a vis the institutional factors.
Suggest measures to address the situation.
Conclude with way forward.