Governance, Good Governance, Ethical Governance

Governance: Governance refers to formulating and executing policies and ensuring proper functioning of society and interaction between people according to the established set of rules. 

For Example : Constitution provides a set of rule according to which nation has to be run. Elected government comes up with policies to achieve socio-economic goals as enshrined in constitution. 

Good governance: Good governance refers to a type of governance which streamlines functioning of society. It eliminates chaos and address the grievances of people effectively. Some characteristics of Good Governance are : 

(1) People are able to avail good basic facilities like hospitals, schools, transportation. 

(2) Happiness index of people increases and crime rates are under control. 

Ethical governance: Ethical governance refers to taking morality, ethics into consideration while making policies for people. 

For example: ‘’Give it up’’ scheme is the perfect example of ethical governance. it requires affluent sections to give up LPG subsidies in order to lighten up burden on government, shunning greed, generating empathy in people for the poorer section.