India has done remarkably well in its 75-year journey since independence, with democracy being the lifeblood of the nation, including of its businesses and economy. The march of start-ups we see today is an ode to the democratization that is making it possible for new entrepreneurs to challenge the established order, leading to overall growth, development, and employment.
However, the journey is not without its challenges and contradictions. Though democracy stands out as a major virtue and a matter of pride, it is being challenged by the weakening of the country’s institutional framework. The first 75 years created and strengthened many