research paper

Reforms for Effective Governance

The industrial sector in India has been largely liberalized. The license raj has been dismantled and now there is less emphasis on this particular aspect of the larger governance structure. That the whole informal sector is not yet liberalized needs emphasis.

The license raj exists in the informal sector as badly or even worse than what it was for the industrial sector. There is a need to focus on three groups of people which are affected by this.