Good governance to ensure implementation of economic policy, Microeconomics

Assignment Help:

GOOD GOVERNANCE TO ENSURE IMPLEMENTATION OF ECONOMIC POLICY:

 Government is very sensitive to the expectation of the people and sincere efforts in this direction have already been initiated. Good governance is an overarching component of the agenda of Government which has taken measures to make administration accountable, responsive and transparent through: (a) citizen charters to signify the visible commitment for quality service and attention to grievance, (b) review of administrative laws and regulations for dismantling procedures and red tapism by repeal or amendment of outdated and obsolete laws, regulations and procedures that mystify, and confuse the people, (c) creating the environment to reap the benefits of IT by harnessing IT, (d) setting up of Information and FacilitationCounters, and (e) formulation of a Freedom of Information Bill. 

The Government has to become a learning organisation. It has to lead businessand industry in the emerging competitive world. The coming millennium isgoing to be one of information, science, technology, growth and competition.To face the emerging challenges, systemic thinking is essential. It is alsonecessary to involve the people as well as the employees in the effort througha shared vision. Personal mastery by individual should be encouraged. Forthis, change in the existing mental models in many areas are required. ThePresent culture of competition between individuals has to be replaced bycompetition between teams and organisations.  

The difficulties the Government is facing in implementing performancebudgeting, zero-based budgeting, control of deficit financing andimprovement of its image among its people, are mainly due to the lack ofinvolvement of employees in their work. Once the Government is able to drawupon their competence and commitment, these will become easier and moreeffective. For making the Government a learning organisation, employees'commitment and involvement are very essential. The depends effectiveness ofthe nation to tackle the challenges of the future. 


Related Discussions:- Good governance to ensure implementation of economic policy

Growth of production, GROWTH OF PRODUCTION: The performance of Indian ...

GROWTH OF PRODUCTION: The performance of Indian agriculture during more than half a century of planned economic development can be broadly characterised by three distinct phas

Define the post-communism policy, Policy: Post-Communism Demolition of ...

Policy: Post-Communism Demolition of the Berlin Wall and take-down of the Iron Curtain hasn't significantly improved the situation in what are optimistically and euphemisticall

How many wokers should the firm hire(need help now!!plzz), Labor Total Out...

Labor Total Output 1 30 2 50 3 60 4 75 5 80 a) If the price of the firm’s output is $12 per unit and the wage rate is $100 per worker, how many workers should the firm choose to

How does the gpi adjust for increasing u.s. income, How does the GPI adjust...

How does the GPI adjust for increasing U.S. income inequality? Starting with the category of Personal Consumption Expenditures, the GPI adjusts for enhancing income inequality

How have economists traditionally defined economic growth, How have economi...

How have economists traditionally defined "economic growth," and how is that different from "living standards growth"?  Economists have traditionally explained economic growth

Describe pay-as-you-go pension plan, Q. Describe pay-as-you-go pension plan...

Q. Describe pay-as-you-go pension plan? Pay-As-You-Go Pension: A pay-as-you-go pension plan sponsor basically just pays for pension benefits to retired plan members out of its

Institutional intervention on deightweight loss, so this question asks for ...

so this question asks for the deadweight loss if an institution decided to provide this service free of charge. I was wondering if this will achieve the socially efficent level or

Optimal Production Quantity, Wholemark is an Internet order business that s...

Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.50 per card, and the cos

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd