Law must move from catching up to driving economic growth, says AG at ETLegalWorld Conclave 2026
Law must move from catching up to driving economic growth, says AG at ETLegalWorld Conclave 2026

Attorney General of India R. Venkataramani delivered the inaugural address at the fifth edition of ETLegalWorld Commercial Disputes Conclave 2026. He called for a new commercial jurisprudence that aligns dispute resolution, investment protection and the strength of legal institutions with India’s evolving economic ambitions.

His remarks frame a shift in the purpose of law from merely catching up with international benchmarks to actively driving economic growth. He emphasised the need for a coherent alignment among dispute resolution mechanisms, protection of investments and the governing institutions that support commerce.

Readers may consider the implications for taxpayers, businesses, investors and regulators. For taxpayers, a more predictable and efficient dispute system can reduce the costs associated with litigation and the burden on public resources. For businesses and investors, a transparent, timely and stable legal framework lowers risk and enhances confidence to commit long term capital. Regulators and policymakers, in turn, can use such guidance to steer reforms in commercial jurisprudence aimed at faster resolution and stronger investment protection.

The remarks at the conclave underscore ongoing discussions on reform of India’s commercial dispute resolution landscape as the country seeks to align legal frameworks with its growth, investment and export objectives.

CS Hanuman prajapat writes for Tax Concept, covering income tax, personal finance, and business news — from ITR filings and tax tribunal rulings to mutual funds, EPFO issues, and RBI updates, with a...

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