Impact of General Elections on Indian Economy

DOI: 10.55662/AJMRR.2024.5302

Publication Information

Journal Title: Asian Journal of Multidisciplinary Research & Review
Author(s): Khushal Gulia
Published On: 20/05/2024
Volume: 5
Issue: 3
First Page: 11
Last Page: 26
ISSN: 2582-8088
Publisher: The Law Brigade Publisher

Cite this Article

Khushal Gulia, Impact of General Elections on Indian Economy, Volume 5 Issue 3, Asian Journal of Multidisciplinary Research & Review, 11-26, Published on 20/05/2024, 10.55662/AJMRR.2024.5302 Available at https://ajmrr.thelawbrigade.com/article/impact-of-general-elections-on-indian-economy/

Abstract

India is the world’s largest democratic country with around 900 million voters, 8 national parties, 57 state parties, and 2,764 unrecognised parties, 4,123 seats in state legislative assemblies, and 543 representatives in Parliament. This research paper will discuss the impact of general elections on different economic indicators such as inflation, exchange rates, stocks, and deficits. Analysing electoral and economic data spanning from 1970 to 2019, it can be concluded that there is no permanent, and predetermined pattern in these economic variables before and after the election. From the late 1980s to 1999, the political landscape in India was characterised by instability, marked by rare occurrences of governments completing their full five-year terms. The Indian public goes to the ballot almost every year to elect their representatives at the – national, state and regional level. The high frequency of elections coupled with various other factors (like international situations at that time) might be the reason that we don’t find political business cycles or political budget cycles in India.

Keywords: Political Budget/Business Cycle, Political Budget/Business Model, PBC Model/cycle, Indian Elections, Economy and Elections

Share this research

Latest Publications

AJMRR

License Information

Copyright © 2024

Khushal Gulia

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Ownership and Licensing:

Authors of this research paper submitted to the Journal of Science & Technology retain the copyright of their work while granting the journal certain rights. Authors maintain ownership of the copyright and have granted the journal a right of first publication. Simultaneously, authors agreed to license their research papers under the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.

License Permissions:

Under the CC BY-NC-SA 4.0 License, others are permitted to share and adapt the work, as long as proper attribution is given to the authors and acknowledgement is made of the initial publication in the Journal of Science & Technology. This license allows for the broad dissemination and utilization of research papers.

Additional Distribution Arrangements:

Authors are free to enter into separate contractual arrangements for the non-exclusive distribution of the journal’s published version of the work. This may include posting the work to institutional repositories, publishing it in journals or books, or other forms of dissemination. In such cases, authors are requested to acknowledge the initial publication of the work in the Journal of Science & Technology.

Online Posting:

Authors are encouraged to share their work online, including in institutional repositories, disciplinary repositories, or on their personal websites. This permission applies both prior to and during the submission process to the Journal of Science & Technology. Online sharing enhances the visibility and accessibility of the research papers.

Responsibility and Liability:

Authors are responsible for ensuring that their research papers do not infringe upon the copyright, privacy, or other rights of any third party. The Journal of Science & Technology and The Science Brigade Publishers disclaim any liability or responsibility for any copyright infringement or violation of third-party rights in the research papers.

Scroll to Top