Economic Survey 2017: Volume I: Chapter 9: Ease of Doing Business’ Next Frontier: Timely Justice
Published By: Ministry of Finance, Govt of India | Published Date: January , 2018The government’s efforts to make business and commerce easy have been widely acknowledged.
The next frontier on the ease of doing business is addressing pendency, delays and backlogs
in the appellate and judicial arenas. These are hampering dispute resolution and contract
enforcement, discouraging investment, stalling projects, hampering tax collections but also
stressing tax payers, and escalating legal costs. Coordinated action between government and
the judiciary-- a kind of horizontal Cooperative Separation of Powers to complement vertical
Cooperative Federalism between the central and state governments-- would address the “Law’s
delay” and boost economic activity.
Author(s): Arun Jaitley | Posted on: Jan 31, 2018 | Views() | Download (337)