Page 114 - DMGT401Business Environment

Unit 4: Political Environment

29. Meghalaya Democratic Party (Meghalaya) Notes
30. Mizo National Front (Mizoram)
31. Mizoram People's Conference (Mizoram)
32. Nagaland Peoples Front (Nagaland)

33. Pattali Makkal Katchi (Tamil Nadu, Puducherry)
34. Praja Rajyam Party (Andhra Pradesh)
35. Rashtriya Janata Dal ("National People's Party") (Bihar, Jharkhand)
36. Rashtriya Lok Dal ("National People's Party") (Uttar Pradesh)

37. Revolutionary Socialist Party (West Bengal)
38. Samajwadi Party ("Socialist Party") (Madhya Pradesh, Uttar Pradesh, Uttarakhand)
39. Shiromani Akali Dal (Party of Akal - Authority for the Political Matters of Sikhs)
(Punjab)
40. Shiv Sena ("Army of Shivaji") (Maharashtra)
41. Sikkim Democratic Front (Sikkim)
42. Telangana Rashtra Samithi ("Telengana National Association") (Andhra Pradesh)

43. Telugu Desam Party ("Telugu Nation Party") (Andhra Pradesh)
44. United Democratic Party (Meghalaya)
45. United Goans Democratic Party (Goa)
46. Uttarakhand Kranti Dal ("Uttarakhand Revolution Party") (Uttarakhand)

47. Zoram Nationalist Party (Mizoram)
3. Other parties represented in the Lok Sabha
1. All India Majlis-e-Ittehadul Muslimen
2. Bharatiya Navshakti Party

3. Janata Dal (Secular) (Surendra Mohan faction)
4. Loktantrik Jan Samta Party
5. National Loktantrik Party
6. Republican Party of India (Athvale)

7. Sikkim Democratic Front
4. Other parties represented in the Rajya Sabha
1. Swatantra Bharat Paksh

4.4 Summary

There exists a close relationship between the political and economic environment of a country.
The governing body of the State regulates and influences every aspect of the business. It is true
not only in socialist economies but also of capitalist economies. The government performs
various functions, which directly influence the business as it is the government which is a
regulatory authority in the state. As a regulator of the economy it decides the policy by which it

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