Mainstream WeeklyBritannica describes Oligarchy as a government with despotic power exercised by a small and privileged group for corrupt or selfish purposes.
Wikipedia elaborates how Putative oligarchy in a country or nation in which one or a few Business groups become the largest private owners who possess sufficient political power to influence their own interests and control multiple businesses, coordinating activities across sectors.
What was at stake during the Maharashtra Assembly elections? The cost of Dharavi Redevelopment Project is estimated by the government at $ 3 billion and the state