The coming years should see India achieve a successful moon landing. But what of long-standing problems back home?
As India Business Law Journal embarks on its third year, it finds itself revisiting the Achilles’ heel of the country’s legal and jurisprudential superstructure. Lax, inconsistent or non-existent enforcement – of statutes, judgments, regulations, awards and more – cries out for urgent reform.
This is not news. As our coverage reveals (Law enforcement), what is more noteworthy is just how far-reaching that reform will have to be – often starting with legal practitioners themselves.
Taking protection of intellectual property rights as an instructive example, one of the major problems in enforcing patent rights is the acute lack of awareness of patent basics in the judiciary, and even the legal fraternity. In a society priding itself as the vanguard of the knowledge economy, the irony is stark.
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