Quality of legal system crucial to India's $10 trillion economy goal: CJI Surya Kant

India's Chief Justice Surya Kant stated that the quality of the legal system will play a crucial role in achieving a $10 trillion economy. He made these remarks at the 'National Rule of Law Convention 2026'. He emphasized strengthening the rule of law and building investor trust.

India's Chief Justice (CJI) Surya Kant said on Saturday that a $10 trillion Bharat will not be built by capital or policy alone, but in no small part by the quality of the legal system upholding the rule of law.

Speaking on 'Legal Reform Roadmap to a $10 Trillion Bharat' at the 'National Rule of Law Convention 2026' organised by the Bar Association of India in the capital, CJI Kant stated: "A 10-trillion-dollar Bharat will not be built by capital or policy alone. It will be built, in no small part, by the quality of the legal system that upholds the rule of law and the promises on which all of that depends."

He noted that legal foundations over the last three decades were shaped for a simpler economic era, but 1990s liberalisation spurred growth and expanded the middle class. Achieving a $10 trillion economy requires patient, long-term capital reliant on institutional reliability, from pension funds to global manufacturers.

Investors seek an honest, consistent and predictable legal system, he said, adding that commercial laws have served well but must evolve to protect the full lifecycle of relationships. CJI Kant advocated treating technology as core infrastructure, including digital case management, AI-assisted research and electronic postings, while keeping human judgment central.

He highlighted the bar's role, stressing continued collaboration between bar and bench in commercial jurisprudence.

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President Droupadi Murmu administers oath to Justice Surya Kant as India's 53rd Chief Justice at Rashtrapati Bhavan.
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Justice Surya Kant sworn in as India's 53rd chief justice

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President Droupadi Murmu administered the oath to Justice Surya Kant as India's 53rd Chief Justice at Rashtrapati Bhavan on November 24, 2025. He pledged to uphold the Constitution and discharge his duties faithfully. His tenure will last until February 2027.

Union Minister Hardeep S Puri has called for responsible, evidence-based criticism of India's economic reforms in 2026. He argued that pessimistic commentary weakens institutions and undermines progress.

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At the World Economic Forum in Davos, global experts discussed India's robust growth rate, deepening reforms, and key challenges in a panel session. Organized with the India Today Group, participants including Gita Gopinath, Sunil Mittal, Ashwini Vaishnaw, and IKEA's CEO shared insights on India's goal to become a developed nation by 2047. They highlighted digital infrastructure, labor reforms, and obstacles like pollution.

In November, the Delhi High Court ruled that no law student can be barred from exams due to insufficient attendance. This decision has ignited debate on academic rigour and classroom teaching in higher education. Critics argue it undermines the essential role of physical classes.

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한국에서 사법개혁 법안이 3월 12일 공포되며 대법원 판결에 대한 헌법소원 제기와 법적 왜곡 처벌이 가능해졌다. 이 개혁은 1987년 헌법 개정 이후 처음으로 주요 변화이며, 대법원 판사 수 확대도 포함된다. 야당과 사법부의 반대에도 불구하고 여당 주도로 통과됐다.

External Affairs Minister S Jaishankar said at IIM Raipur's convocation that everything today is being leveraged, if not weaponised. He highlighted Covid pandemic, conflicts and climate change as major challenges of the decade. India has solidly dealt with recent global shocks.

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The supreme court on Tuesday observed a major flaw in the ongoing removal proceedings in Parliament against justice Yashwant Varma of the Allahabad high court. He is at the centre of a controversy following the recovery of cash from his official residence in Delhi.

 

 

 

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