What is the meaning of the term 'Good Governance'

Elaborate the concept of 'Good Governance' and its importance in the functioning of a country.
Good governance refers to the efficient and effective management of a country's resources and affairs by its government. It encompasses the establishment of transparent and accountable systems that are consistent with the rule of law. There are several aspects of good governance that are essential for its effective implementation.
  • Accountability: The government must be accountable to its people for its actions and use of resources. This includes transparency in decision-making and financial management.
  • Participation: The government must involve citizens in decision-making processes and consult with the public on policies that affect them.
  • Rule of Law: The government must uphold the laws of the land and ensure that all citizens, regardless of position or wealth, are treated equally before the law.
  • Responsiveness: The government must be responsive to the needs of its citizens and act in their best interest.
  • Efficiency: The government must efficiently utilize resources to ensure effective service delivery.
The importance of good governance cannot be overstated in the functioning of a country. In addition to contributing to social stability, it is essential for economic development, attracting foreign direct investment, and promoting sustainable growth. Good governance promotes political stability and ensures the effective implementation of policies that benefit the entire population.
Answered a year ago
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