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We need a better approach to Public Policy in India

Updated: Oct 4, 2021

I am part of the two worlds. I was a part of the government and now I am a part of the corporate world. It is an interesting aspect to explore the 'Public Policy' approach from both sides.

The 'Public Policy' function in the Corporate Sector is a mere 'Government Relations' where you try to manage the show or push the short term interests. The Public Policy approach is not strategic and the 'Public Interest' is not included.

From the government side, the Corporate Sector is seen as a 'Private Interest' 'elite-driven and 'not bothered about public interest'

This disconnect between the two worlds results in conflict and mistrust between the two systems. It is very common to see the blame game on each side.

To address this challenge, corporations need a strategic, inclusive, forward-looking, and balanced approach to government and public affairs.

Unfortunately, many of the Corporations try to manage the 'Government Relations' instead of having a defined strategy to advocate the Private Interest along with promoting "Public Goods'.

Types of public policy are used to enforce the government's will on the people.

The government has made policies for everything imaginable - security, environmental, health, education, financial markets and so on. Policies are often enforced through a law that requires everyone to follow them.

Public policies can impact individual's lives in many ways. For instance, it can change the quality of their life by providing them with adequate food or water or if they're not careful enough higher rates of income taxes might be imposed on them. Policies are not just made every day but they are also revised over time in order to make sure that they best suit society's needs in their current state.

Elements of Public Policy

1. The important elements of India’s new public policy are based on the four fundamental principles which are inclusive growth, sustainable development, social justice and equity.

2. The policies are oriented to ensure that no Indian is left behind in the race for development while protecting our environment, empowering our poorest and making our society more tolerant and inclusive