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Lok Sabha

Lok Sabha Committee Description 

India’s phenomenal ascension as a multidimensional economic, geopolitical, and diplomatic power places India as a forefront of dynamic global development. However, as the world and 1.4 billion Indians tune in to the imminent Lok Sabha 2024 General Elections, there exist a multitude of disparities between the central and state governments; challenges that could impede India’s electoral and progressive future.

Article 254 of the Constitution of India highlights the ‘Doctrine of Repugnance’, addressing any lack of compatibility between national and state legislatures, is consistently referenced in pre-election months - an instrument attempting to preach unity across the nation. Given India’s incredibly convoluted political landscape, can reconciling the differences between national and state politics be a possibility in the upcoming elections?

India’s foreign investor advantage has become increasingly prominent in the current global economic contingent; a period that has witnessed even the most developed of economies falter. With India’s economy clocking a stellar 7.6% growth rate in Q2 of 2023 and the RBI uplifting its initial GDP growth forecasts for FY24 to 7%, FII inflows have been instrumental in transforming sustained euphoria to stabilised development. With the onset of the General Elections and the manifestos of campaigning parties, foreign investment is bound to be a principal economic agenda of all stakeholders. India Brand Equity Foundation speculates that India’s annual foreign investment collection will surpass $160 billion annually by 2025, expedite the $5 trillion economy agenda; however, the path to increase India’s foreign attractive remains a tempestuous challenge requiring nuanced economic and political solutions.