View: Unnecessary and redundant penalties should be taken out of the law books
By Bibek Debroy & Aditya Sinha
Global laws have adjusted to changing times. However, some draconian principles exist even today. These provisions have hampered economic growth and are a barrier to the ‘ease of doing business’ agenda. This is what Gautam Chikermane and Rishi Agrawal allude to in their 2022 Observer Research Foundation (ORF) report, ‘Jailed for Doing Business’ – and about which Chikermane wrote on last month on this page.
The word ‘draconian’ comes from the Athenian lawgiver Draco who gave civilisation an important milestone – written laws. Before this, it was ad-hocracy. Even though an improvement, the laws were extremely harsh, with the death penalty being commonplace.
Read full article in The Economic Times: https://economictimes.indiatimes.com/opinion/et-commentary/view-unnecessary-and-redundant-penalties-should-be-taken-out-of-the-law-books/articleshow/90277298.cms