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Legal reforms like ad-hoc judges, better technology to speed up FDI

India's FDI rate is on a decline for the last three years. To stem the slide, the government needs to drastically improve the efficacy of the country's judicial system

Illustration by Binay Sinha
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Illustration by Binay Sinha

Sudipto DeyAashish Aryan
“In this country, 18,000 judges are handling 50 million cases. The avalanche of cases is putting the judicial system to tremendous stress. A major concern any foreign investor has regarding the safety of his investment is the efficacy of the judicial system of the country where he is going to invest. It is intensively and deeply connected with our ambition of attracting more and more investment from other countries. Arbitration is good. But the real trouble starts after the award. If the aggrieved in the arbitration challenges it, the case remains pending in a court for decades. Then what is