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Rule of law is an important facet of Welfare State. The State is not an end in itself and an obligationis conferred on the State to meet the interests of the citizens. 2 Access to Justice is a basicFundamental Right granted by the Constitution of India.3 However, its fruits remained confined toa few until the process of adjudication and justice delivery is streamlined in the country, keepingnewer challenges in mind. A closer look will reveal that the Rule of Law is directly proportionalto the economic growth of the country.India ranked 63 out of 190 countries in the Ease of Doing Business Index, 20204 while it ranked69 out of 128 countries in Rule of Law Index in 2020.5 According to Institute for Economics andPeace, approximately 9 % of the GDP is cost to India due to lack of proper justice delivery system.Thus, it is important to have a discourse on how the legal rules and standards controllingadjudication affect the efficiency of the judicial system.
Krishna Agarwal (2025) "Reshaping and Restructuring the Judiciary: A Law & Economics Analysis", GNLU Journal of Law And Economics : Volume III 2020, Issue I
Available at:
https://gnlu.ac.in/GJLE/Publications/Reshaping and Restructuring the Judiciary: A Law & Economics Analysis