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Tags: Key Words: CostBenefit Analysis, Environmental Kuznets Curve, Green Growth, Marginal Cost of Pollution, Pigouvian tax, Property Rights

Application of Economic Tools in Environment and Law: A Step Towards Sustainable Development and Green Economy in India

  • By Advocate Ambika Gupta
  • 11 Months ago
  • Downloads: 1

  • View: 535

Volume VII 2024 Issue II GNLU Journal of Law And Economics

The phrase "green economy" has gained popularity worldwide, with every nation presentlyemphasizing environmental concerns, embracing the green economy as their main economicmodel, and pursuing sustainable development

Countries have been attempting to address the dreadful environmental circumstances in recent years by transforming the traditional type of national economy to Green Economy in order to ensure sustainable development. (Singh, 2011-2013) A sustainable model, as enunciated by UNEP, significantly reduces planetary risks and resource scarceness while enhancing social justice and individual satisfaction. (Fedrigo-Fazio & Ten Brink, 2012) The global green economy concept gained traction following the 2008 Global Financial Crisis, with the goal of lowering hazards associated with ecological decline and carbon addiction while still meeting the Millennium Development Goals (MDGs) of 2000.


Recommended Citation

Advocate Ambika Gupta (2025) "Application of Economic Tools in Environment and Law: A Step Towards Sustainable Development and Green Economy in India ", GNLU Journal of Law And Economics : Volume VII 2024, Issue II
Available at: https://gnlu.ac.in/GJLE/Publications/Application of Economic Tools in Environment and Law: A Step Towards Sustainable Development and Green Economy in India

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Editorial Note

THE CURRENCY OF DELAY: A POLITICAL ECONOMY ANALYSIS OF JUDICIAL INCENTIVES IN INDIAN HIGH COURTS

In 2023, the Delhi High Court disposed of more than 87,000 cases, a recordbreaking figure. Yet its backlog grew. Across India, governments have doubled judicial strength in some states, built stateoftheart ecourts, and implemented case management software. Still, over 5.1 crore cases remain pending. The standard explanation treats this as a resource problem: too few judges chasing too many litigants. But what if the real answer is more uncomfortable What if delay is not a bug in the system, but a feature, a currency that judges spend, save, and strategically deploy This paper advances a heretical proposition: that for the Indian High Court judge, disposing of cases is not always the rational choice. In a system where the government is simultaneously the largest litigant and the arbiter of judicial careers, where a controversial judgment can trigger a punitive transfer while a safe adjournment goes unnoticed, and where forty dismissals at the admission stage count the same as one laboriously reasoned final verdict, delay emerges as the equilibrium strategy. The crisis of pending cases is not an accident of overload; it is the predictable outcome of incentives working exactly as designed. Employing a political economy framework, we model the High Court judge as a strategic actor maximizing a utility function comprised of reputation (professional prestige), leisure (workload aversion), promotion prospects (chances of elevation or postretirement appointment), and the cost of dissent (risk of punitive transfer or career backlash). The paper proposes an empirical model to test whether judicial delays correlate with political cycles and the identity of the litigant (State vs. Citizen), suggesting that strategic delay is a rational response to the institutional constraints of the Indian judiciary.

  • Tathagat Sharma
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