What is democracy and why is democracy? A nation can only be defined as a true democracy if the incumbent government rules in accordance with the majority, while respecting rights of the minority. The government of the people, for the people and by the people is the right meaning of what the word democracy suggests. Democracy is meant for the welfare of the people; however, we Indians are not justified in calling our nation a true democracy because we are actually not living in one. If you do not believe this then read the top 10 reasons why you are not living in a true democracy.