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Academic Journal of Humanities & Social Sciences, 2024, 7(9); doi: 10.25236/AJHSS.2024.070905.

Analysis of the Mechanisms of Political-Business Relations in India under Modi’s Leadership

Author(s)

Chu Lixin

Corresponding Author:
Chu Lixin
Affiliation(s)

School of International Studies, Sichuan University, Chengdu, China

Abstract

Since India’s independence, the relationship between politics and business has undergone a complex evolution, resulting in a unique Indian model that profoundly impacts the country’s economic development and political landscape. This study investigates the dynamics of this relationship under Modi’s administration using the concept of structural power as a theoretical foundation. The research reveals that politics and business are interdependent, creating blurred boundaries of interest exchange. Indian business groups actively engage in politics through political donations, networking with political elites, and influencing administrative bodies. Concurrently, Indian politicians are increasingly involved in commercial activities. Business associations act as intermediaries, facilitating collective action and providing policy recommendations to the government. The primary factors shaping the Indian political-business relationship are its distinctive democratic political system, the growing structural power of business, and the pursuit of national development goals.

Keywords

India; Political-Business Relations; Business Associations; Structural Power

Cite This Paper

Chu Lixin. Analysis of the Mechanisms of Political-Business Relations in India under Modi’s Leadership. Academic Journal of Humanities & Social Sciences (2024) Vol. 7, Issue 9: 22-30. https://doi.org/10.25236/AJHSS.2024.070905.

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