Globex Holdings Keys to Investment: India | Page 12

1.3.1 The Administrative System
The administrative system is implemented and supervised by a cadre of officials called the Indian Administrative Service , selected on the basis of performance in a public examination every year . The officials of the IAS are involved in civil administration , policy making and managing conflicts - internal and external .
1.3.2 Legislative and Political Parties
The country has a federal structure with elected governments in states . There are 29 states and 6 union territories . Parliament is the supreme legislative body of India which comprises the President and the two Houses-Lok Sabha ( House of the People ) and Rajya Sabha ( Council of States ). The President has the power to summon and prorogue either House of Parliament and to dissolve the Lok Sabha .
1.3.3 Judicial System - Courts & Tribunals
At the apex of India ’ s judiciary is the Supreme Court that has a Chief Justice and up to 25 judges appointed by the President . There are 18 High Courts , subordinate to but not under the control of the Supreme Court . The High Court stands at the head of a State ’ s judicial administration .
1.4 Economic Overview
1.4.1 Trends in Economic Growth
India ’ s GDP Growth 2008-2013 ( percentage )
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GDP Growth Rate (%)
9
7
5
3 2008 - 09 2009 - 10 2010 - 11 2011 - 12 2012 - 13
NOTE : 2012-13 Estimated Figure 3 Source - Central Statistical Organisation
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