International Journal For Multidisciplinary Research
E-ISSN: 2582-2160
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Volume 8 Issue 2
March-April 2026
Indexing Partners
Corporate Influence and Public Interest: A Critical Study of Transparency and Regulatory Gaps in India’s Policymaking Framework
| Author(s) | Mr. Ashlesh B Shetty, Dr. Sana Humd |
|---|---|
| Country | India |
| Abstract | This increasing interface between corporate units and the State has played a major role in the impounding of the policy-making procedures in India. Although corporate involvement is helpful in terms of the provision of expertise, efficiency and investment, it generates serious issues of transparency, accountability and safeguarding of the public interest as well. The nature and scope of corporate influence in the policymaking process in India are critically discussed in the current paper with specific attention paid to the structural flaws, which include obscured lobbying mechanisms, insufficient disclosure standards, and lax regulatory enforcement. It analyses the current legal tools and institutional frameworks that guide corporate actions and reveals any loopholes that facilitate their inappropriate control over government policy. The paper also examines the repercussions of the existence of such influence on democratic processes, economic fairness and social well-being. The paper presents comparative reasoning and proposals to reform the current policymaking system, which is marked by a lack of transparency, accountability, and participation in decision-making, to effectively strike a balance between corporate interests and the greater good. |
| Keywords | Corporate Influence, Public Interest, Transparency, Regulatory Gaps, Policymaking, India |
| Field | Sociology > Administration / Law / Management |
| Published In | Volume 8, Issue 2, March-April 2026 |
| Published On | 2026-04-16 |
| DOI | https://doi.org/10.36948/ijfmr.2026.v08i02.74529 |
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E-ISSN 2582-2160
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