AG Venkataramani for national institution to integrate law and economics

Attorney General R Venkatramani has stressed on the need for a national institution to mainstream and integrate law with economics.

Speaking at the book launch of the recently-published volume, ‘Supreme Court and the Indian Economy,’ the Attorney General said there was a need for a national institution that could work towards mainstreaming and integrating law & economics, and policy & judicial administration.

The book was released at an event organised by global public policy research & advocacy group CUTS International, Society of Indian Law Firms (SILF), a collective body of India’s top corporate law firms and the CUTS Institute for Regulation & Competition (CIRC) in New Delhi

The book has been authored by Pradeep S. Mehta, founder Secretary General of CUTS International, a renowned public policy research, advocacy and networking NGO established 40 years ago.

During the inauguration, the AG said the book raised a critical question – what the legal and policy institutional framework was delivering to common women and men.

He said it was important to have a good understanding of the interstice of law and economics, in order to achieve this objective, adding that India believed in the holistic principle of ‘Equal Regard & Equal Reward’ for all.

Not just the Supreme Court, but High Courts and lower courts could be learners to this principle, he added.

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