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Ambani vs Ambani: RIL's affidavits
RNRL's submissions on the MoU
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Bibek Debroy
We have a deadline of April 2010 for GST a deadline first promised in budget for 2007-08. On November 10, Empowered Committee of State Finance Ministers released the first discussion paper on GST.
What was the size of India’s stimulus package after September 2008? It is impossible to give a clear answer. IMF documents mention a fiscal stimulus of 0.5% of GDP for calendar years 2008 and 2009, after stating that “headline” fiscal numbers are higher.
Here is a story from the treasure-trove of the Net. It is the month of August, on the shores of the Black Sea. It is raining, and the little town looks totally deserted. It is tough times, everybody is in debt, and everybody lives on credit.
Since reforms started in 1991, there have been five finance ministers—Manmohan Singh, P Chidambaram, Jaswant Singh, Yashwant Sinha and Pranab Mukherjee.
The last part of this series on legal reform discusses some solutions to the crisis in dispute resolution. There are some generic solutions that one should mention first. First, there is the natural conclusion that the number of judges and courts needs to be increased.
The previous article in this series listed some recent attempts at reform, some ad hoc, others less so. In this article, we catalogue reform initiatives based on information and communication technology.
The problem of case pendency is as old as the hills. Exodus, 18.13 states, “And it came to pass on the morrow, that Moses sat to judge the people: and the people stood by Moses from the morning unto the evening.”
The Supreme Court accounts for only a small share of the pendency. What is however odd is that 10 years ago, the Supreme Court was able to reduce the pendency to a shade less than 20,000 and at that point, this was lauded as a demonstrated success...
In attaining higher GDP growth rates, legal reforms are now recognised as a critical ingredient. In a somewhat belated official recognition of the importance of legal reforms, Economic Survey 2004-05 had a section on the infrastructure of contract enforcement.
