The Indian Political Environment
The political environment includes the characteristics and policies of the political parties, the nature of constitution and government system and the government.
The business policies and regulations passed by the political party are of utmost importance in the market selection and business strategy formulation. The political environment and economic policies are inter-related as every economic policy is the outcome of political environment. Various economic policies are often political decision such as:
- ØIndustrial Policy
- ØPolicy towards foreign capital and technology
- ØFiscal policy
- ØExport-import policy
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