Study on the Fusibility on the Extended Government Intervention in Economy and People's Daily Lives

Abstract

The Government policies and interventions for development in various sectors and issues arising out of their design and implementation. India is a developing country and has implemented growth strategies in several sectors to reinforce its economic status. There has always been a conflict between free market economy and government controlled economy. India is likely a mixture of both approaches. This study aims to know about the people’s opinion of the intervention of government in the economy and their daily lives opinion on sustainable development and government intervention. The present analysis was made through a convenient sampling method where the survey was taken from common public, professionals, etc. The sample size in the present analysis is 250. The findings were that The younger generation are more enthusiastic to start a business and prefer no or lesss government intervention or limitation in the economy or the business, this can be attributed to the views of liberalised economy and the dreams of attaining a world market space. Yet it is evident that whatever the responses on government intervention and freedom everyone agrees that sustainable growth can be achieved only by an intervening approach by the government