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Economic Impact Of Judicial Decisions : Niti Aayog

Economic Impact Of Judicial Decisions’:

The NITI Aayog has ordered the Jaipur-based research organisation Consumer Unity and Trust Society (CUTS) International to study the “economic impact” of judgments delivered by Supreme Court (SC), high courts (HCs), and quasi-judicial bodies like the National Green Tribunal (NGT). It has also asked to study the “judicial activism” of such courts and tribunals.

  • Judicial decisions have far-reaching economic impacts.
  • These impacts are usually not taken into account at the time of decision making.
  • This study will be completely funded by the NITI Aayog.
  • The study will be conducted with the aim of “sensitizing the judiciary on the economic impact of their decisions”.
  • The findings from the study will be used as the “training input for judges of the SC, HCs, commercial courts and NGT”.
  • The total cost of the project initially was Rs 24.8 lakh. However, it is likely to go higher.
  • CUTS International will study the economic impact of five different decisions by the SC and the NGT.

The five judgment include:

  • The economic impact of the ban imposed by the SC in March 2019 on the construction of a greenfield airport at Mopa, Goa.
  • SC’s February 2018 ban on iron ore mining in Goa.
  • NGT ban on sand mining in the Yamuna river in Gautam Buddha Nagar in the year 2013.
  • SC ban on construction of buildings in Delhi and National Capital Region
  • SC’s decision to reject the opening of Vedanta’s Sterlite copper plant.

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