| Subject: | Public Administration/Public Policy |
| Title: | Institutional Reforms and Evolution of Governance in India: A Cross-Sectorial Analysis |
| Author(s): | Harshit Bhagat |
| Published on: | 30th March 2026 |
| Published by: | Lyceum India |
| Name of the Journal: | Lyceum India Journal of Social Sciences |
| ISSN/E-ISSN: | 3048-6513 |
| Volume & Issue: | Volume: 3, Issue: 4 |
| Pages: | 55-65 |
| Original DOI (if any): | 10.5281/zenodo.19272379 |
| Repository DOI: | |
| Abstract: | This article is an analysis of how institutional reforms and governance have been evolving in India since the 1970s based on a cross sectorial perspective. I am also concentrating on the way in which the institutions of the larger population and the corporate entities have modified their governance framework due to demands of greater accountability, emergence of new regulatory frameworks and performance related changes. In my analysis, I have divided it in five major areas which include financial and compliance audit, performance evaluation, stakeholder and community relations, legal and regulatory compliance, risk management and strategic decision difficult and human resources and capacity building. I adopted a qualitative method which involved secondary resources that helped me motive variation in governance styles in different sectors. Public institutions are particularly constitutionally accountable and effective in auditing but continue to fail to enforce and deal with bureaucracy whereas corporate entities are more serious in implementation and efficient and strategically dynamic despite having much less public accountability. All in all, the research identifies the enormous contribution of performance based financial control to redirecting the governance discourse and concludes that the sustainable change in India must involve cross sectors learning and integrative frameworks that combine accountability with efficiency. |
| Keywords: | India Public Institutions, Governance Evolution, Institutional Reforms, Corporate Governance, Public Performance Audit. |
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