[Implied from context] Question on inclusive market economy and national development.
Introduction
The United Nations framed market economy which was fair & just to all participants of society leading to overall national development & equitable happening of Indians.
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Main Body
Therefore, it's crucial that values of good governance like Equity & Inclusiveness, full of law, Accountability, transparency, efficiency & effectiveness, responsiveness, participation & consent orientation are followed in both letter & spirit.
Contemporary Relevance:
a) Rationalising Freebies: Although freebies due lead to welfarism, it also leads a state of either, home rationalisation is required as farmers welfare. Agricultural distress & former should be provided only with good over.
b) Socioeconomic Aspect: are & development won't be a lost cause if good governance is taken along.
- Clear structure with contemporary relevance
- Connects governance values to practical policy issues
Sachin
Good Governance
Inclusive Market Economy
Freebies and Welfare
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4
Paragraphs
analytical
Tone