CJI Surya Kant Highlights Legal System's Role in India's $10 Trillion Economy Goal
Quality of legal system crucial in making India USD 10-trillion economy, says CJI
The Indian Express
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Chief Justice of India Surya Kant stated that the quality of the legal system is vital for India to achieve its goal of becoming a $10 trillion economy. Speaking at the National Rule of Law Convention 2026, he emphasized the need for a reliable legal framework to attract long-term investments and foster economic growth.
- 01The quality of the legal system is crucial for India’s economic ambitions.
- 02CJI Surya Kant highlighted the need for a responsive legal framework to support long-term investments.
- 03Technology should be integrated into the legal system to enhance efficiency.
- 04Investors seek a legal environment that is honest, consistent, and predictable.
- 05Collaboration between the bar and bench is essential for advancing commercial jurisprudence.
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During the National Rule of Law Convention 2026, Chief Justice of India Surya Kant emphasized that the quality of India's legal system is a critical factor in achieving the nation's ambition of becoming a $10 trillion economy. He stated that while capital and policy are important, the legal framework must uphold the rule of law to attract long-term investments. CJI Kant noted that the legal foundations established during India's economic liberalization in the 1990s were adequate for a different era but must evolve to meet current demands. He pointed out that investors require a legal system that is honest, consistent, and predictable to foster trust. Furthermore, he advocated for the integration of technology into the legal system, stating that it should be treated as core infrastructure rather than an optional enhancement. The CJI also called for sustained collaboration between the legal community and the judiciary to advance commercial jurisprudence effectively.
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A more reliable legal system could enhance investor confidence, leading to increased foreign direct investment and economic growth.
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