Page 109 - Constitution

70 Years of Indian

Constitution

Constitution of India-

a saga of 70 years journey

A 2008 World Bank Working Paper
There are three important
argued, “The main determinant of
democratic nations among many
differences in across countries
other countries: (i) India – the
are differences in economic
largest democratic country with
institutions. To solve the problem
Ram Naik population of 138.48 crores, (ii)
of development will entail reforming
the United States of America with
these institutions.” Most people
population of 33.16 crores, (iii) the
will agree, even market-oriented
United Kingdom with population
economists. Markets don’t work in
of 6.80 crore.
isolation, but in a social and legal
context that sets the infrastructure.

70 Years of Indian Constitution 109