Monday, October 5, 2009

Legal Reforms -Long Overdue

Kudos to Law Minister to have come out with plans to introduce legal reform and bring speedy justice for the benefit of public.

This has been long overdue and should have been there along with economic reforms.The full benefit of economic reforms so far introduced have not been reflecting in the economy because of legal hurdles and it is a boon for public that with the announcement of time bound delivery of justice and disposal of pending cases running into crores and for years,things will improve and benefit the economy considerably in all segments particularly in infrastructure, agriculture ,finance and industrial production.

This will give a boost to the sagging morale of entrepreneurs and make them venture into more economic activities. Projects kept pending under various stages because of legal disputes, have affected our economic growth very badly.If the disputes get settled early with this proposed legal reforms, the economy can recover fast and will bring all round confidence and prospirity. Legal reform is one area needing urgent attention and it deserves all support and encouragement from everywhere.

Dr.T.V.Gopalakrishnan

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