International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 8, Issue 2 (March-April 2026) Submit your research before last 3 days of April to publish your research paper in the issue of March-April.

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

Share this