Individual Parliamentarian’s role as the national lawmaker is on a decline, which in turn, has adversely impacted the quality of debates and their outcome. Discuss (15 Marks, 250 Words)
During a recession, companies lay off employees primarily to manage costs and ensure survival. Revenue drops as consumer spending decreases, prompting businesses to reduce expenses, and labor is one of the largest costs. Layoffs help immediately cut payroll expenses and preserve cash flow, which isRead more
During a recession, companies lay off employees primarily to manage costs and ensure survival. Revenue drops as consumer spending decreases, prompting businesses to reduce expenses, and labor is one of the largest costs. Layoffs help immediately cut payroll expenses and preserve cash flow, which is crucial during economic uncertainty.
With lower demand for products and services, companies need fewer employees. Aligning the workforce with reduced demand helps maintain operational efficiency. Additionally, recessions often trigger restructuring efforts to streamline operations and eliminate redundancies, further driving layoffs.
Publicly traded companies face investor pressure to maintain profitability and protect stock prices. Layoffs signal decisive cost management, reassuring investors about the company’s financial health. For some businesses, layoffs are essential to avoid bankruptcy, ensuring they can continue operations during the downturn.
While layoffs are common, they can harm employee morale, company reputation, and long-term performance. Some companies explore alternatives like reducing executive salaries, cutting non-essential expenses, or implementing temporary furloughs to mitigate these impacts. Ultimately, layoffs are a strategic move to balance immediate cost reduction with the goal of emerging stronger post-recession.
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Introduction The role of individual parliamentarians as national lawmakers has been diminishing, affecting the quality of parliamentary debates and outcomes. This decline can be traced to several systemic issues, making the lawmaking process less effective and inclusive. Reasons for the Decline AntiRead more
Introduction
The role of individual parliamentarians as national lawmakers has been diminishing, affecting the quality of parliamentary debates and outcomes. This decline can be traced to several systemic issues, making the lawmaking process less effective and inclusive.
Reasons for the Decline
Consequences for Debates and Outcomes
Solutions to Revive Parliamentary Sovereignty
Conclusion
Restoring the role of parliamentarians as active lawmakers is crucial for enhancing the quality of debates and improving legislative outcomes. By addressing the challenges mentioned above, India’s Parliament can return to its original function as a robust platform for democratic governance.
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