Which of the following suggestions to the Government about commercial lawsuits is indicated within the 2017-18 economic survey of India?
Should reduce the pendeney of lawsuits
Economic Survey Suggestions on Commercial Lawsuits
The 2017-18 Economic Survey of India likely focused on improving the ease of doing business. A significant barrier to this is the lengthy duration of commercial lawsuits.
Analyzing Survey Recommendations
- Reducing the pendency of lawsuits is crucial for a predictable and efficient legal environment, which directly impacts investor confidence and commercial activity.
- The survey would likely advocate for measures to speed up dispute resolution rather than maintaining or increasing the number of cases.
- Therefore, the suggestion to reduce the pendency of lawsuits aligns with the typical goals of economic reforms highlighted in such surveys.
Evaluating Options
- Option 1 & 2 (No change/Increase lawsuits): Contradicts the goal of improving the business climate.
- Option 4 (Appoint committee): While possible, the primary recommendation is usually action-oriented, like reducing pendency.
- Option 3 (Reduce pendency): Directly addresses a key issue affecting commercial litigation efficiency.
The 2017-18 Economic Survey emphasized streamlining legal processes to foster economic growth, making the reduction of lawsuit pendency a key suggestion.
Important Questions from Budget
- The Union Budget 2021–22 has recommended a voluntary scrapping policy for vehicles based on fitness tests after a period of ______ years for personal vehicles.
______ expenditure and ______ receipts are shown by the government budget.
The Social Justice and Empowerment Ministry of India, which caters to the welfare of the backward classes and those with disabilities, saw _______ increase in the allocation in the Union Budget 2022 - 23.
The first Economic Survey of India was presented in ______.
The Union Budget 2018 allocated ₹ 5,750 crore to ______
