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Ease of doing business: Why India is faltering in enforcing contracts

To move the ease of biz needle up, experts say there is need to adopt a multi-pronged approach

Hamstrung judiciary: The reason why India falters on enforcing contracts
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Experts point out that over the last four-five years, there have been some measures to strengthen contractual enforcement in the country

Sudipto Dey New Delhi
Though India continues its upward march in the ease of doing business rankings — climbing up to 63rd place in the latest edition — the country continues to remain a laggard (at 163rd place among 190 countries) when it comes to enforcement of contract.

The reason why India falters on this front is not hard to figure out, say experts. “This is a direct reflection of the state of India’s judiciary. Moving up the ranks is proving to be challenging. It shows how reforming the functioning of the judiciary in India is so complex,” says Surya Prakash B S, programme

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First Published: Oct 31 2019 | 6:20 PM IST

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