Page 48 - Constitution

70 Years of Indian Years of Indian

Constitution
Constitution

The Idea behind India’s

noble Constitution

Seventy years have passed since
A 2008 World Bank Working Paper
argued, “The main determinant of
our Constitution was adopted
by the Constituent Assembly on
differences in across countries
November 26, 1949. I was 21 then,
are differences in economic
institutions. To solve the problem
a student of the Government Law
College, Mumbai. I also recount
of development will entail reforming
today that seventy years have
these institutions.” Most people
passed since I took the momentous
will agree, even market-oriented
Murlidhar C.
economists. Markets don’t work in
Bhandare decision to study Law and embark
isolation, but in a social and legal
on my career as a lawyer.
context that sets the infrastructure.

48 70 Years of Indian Constitution