The Between India And India Essay

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Final Paper After World War II, the widespread implementation of colonial rule was ended and widespread post-colonial self-governance began. These fledgling states were mostly provided with a framework for governance that was left over from the previous colonial rule. The Parliament of India largely mirrors that of England, and this creates fundamental issues within the governance and creation of a new state, especially one with India’s population. An already established style of governance has ways of being manipulated by outside forces that have been working within these frameworks for decades, possibly even a century or more, namely private corporations. When a private corporation effects a government in their own self interest, the corporate entity generally externalizes all risk to the governmental body and the public. In many cases, government intervention in the form of regulation or deregulation can allow for a trans-national corporate entity to exploit laws and operate in an unethical, but legal manner. In 1956, the nine year old Indian government passed the Companies Act of 1956, requiring, “affiliates of foreign companies to register as separate companies under Indian Law and imposes limits on foreign investment and participation in all Indian companies” (Peterson 2). Union Carbide, an American multi-national chemical conglomerate, wholly owned its Indian subsidiary and after the passage of the Companies Act. Union Carbide was required to reduce its ownership of

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