Meghwal Pushes Arbitration, Decriminalisation Reforms
ECONOMY & POLICY

Meghwal Pushes Arbitration, Decriminalisation Reforms

Union Law and Justice Minister Arjun Ram Meghwal said the Government is committed to strengthening institutional arbitration, decriminalising minor offences and modernising outdated laws to improve regulatory efficiency and support ease of doing business.

Addressing the valedictory session on the concluding day of the International Conference on “Arbitration in the Era of Globalisation”, organised by the Indian Council of Arbitration (ICA) in New Delhi, the Minister underlined the need for structured dispute resolution mechanisms in a rapidly changing global economy.

Emphasising a shift away from informal mechanisms, Meghwal said, “Instead of ad-hoc arbitration, there should be institutional arbitration. We agree with this approach, and when we agree, you can be assured that the Government will work decisively in this direction, strengthening dispute resolution mechanisms and building greater trust in the system.”

He added that reforms related to arbitration frameworks, including the appointment of arbitrators and commercial law processes, are currently under active consideration, with committees examining key areas.

Highlighting the Government’s larger reform agenda, Meghwal said nearly 1,000 offences have been decriminalised to reduce unnecessary legal burdens. “Nearly 1000 offences have been decriminalised. There were situations where a fine of 100 rupees required a process costing 10,000 rupees. Such provisions needed rationalisation, and our effort is to make laws practical, efficient, and supportive of ease of doing business,” he said.

The Minister also referred to amendments aimed at removing discriminatory provisions from colonial-era laws, including reforms in the Indian Succession Act, 1925. “Some provisions in older laws were discriminatory and did not reflect the principle of equality. Our Constitution stands on equality, liberty, fraternity, and justice, and it is our responsibility to ensure that every law aligns with these foundational values,” he said.

Meghwal also spoke about broader reforms in the criminal justice system, while stressing that civil and commercial law reforms remain equally important for economic growth.

He informed that a Public Trust Bill has been passed during the ongoing Budget Session after scrutiny by a Joint Parliamentary Committee.

The Minister further highlighted the growing role of technology in the legal ecosystem, including artificial intelligence and virtual hearings, in improving dispute resolution efficiency.

Drawing from India’s traditional dispute resolution practices, he cited the concept of “Panch Parmeshwar” as a reminder of the importance of neutrality and impartiality in arbitration.

Meghwal also said India will host a BRICS conference in Ahmedabad, bringing together justice ministers and officials from 10 countries to strengthen international legal cooperation.

He reiterated that legal and institutional reforms remain central to India’s economic vision and its goal of becoming one of the world’s leading economies.

Union Law and Justice Minister Arjun Ram Meghwal said the Government is committed to strengthening institutional arbitration, decriminalising minor offences and modernising outdated laws to improve regulatory efficiency and support ease of doing business.Addressing the valedictory session on the concluding day of the International Conference on “Arbitration in the Era of Globalisation”, organised by the Indian Council of Arbitration (ICA) in New Delhi, the Minister underlined the need for structured dispute resolution mechanisms in a rapidly changing global economy.Emphasising a shift away from informal mechanisms, Meghwal said, “Instead of ad-hoc arbitration, there should be institutional arbitration. We agree with this approach, and when we agree, you can be assured that the Government will work decisively in this direction, strengthening dispute resolution mechanisms and building greater trust in the system.”He added that reforms related to arbitration frameworks, including the appointment of arbitrators and commercial law processes, are currently under active consideration, with committees examining key areas.Highlighting the Government’s larger reform agenda, Meghwal said nearly 1,000 offences have been decriminalised to reduce unnecessary legal burdens. “Nearly 1000 offences have been decriminalised. There were situations where a fine of 100 rupees required a process costing 10,000 rupees. Such provisions needed rationalisation, and our effort is to make laws practical, efficient, and supportive of ease of doing business,” he said.The Minister also referred to amendments aimed at removing discriminatory provisions from colonial-era laws, including reforms in the Indian Succession Act, 1925. “Some provisions in older laws were discriminatory and did not reflect the principle of equality. Our Constitution stands on equality, liberty, fraternity, and justice, and it is our responsibility to ensure that every law aligns with these foundational values,” he said.Meghwal also spoke about broader reforms in the criminal justice system, while stressing that civil and commercial law reforms remain equally important for economic growth.He informed that a Public Trust Bill has been passed during the ongoing Budget Session after scrutiny by a Joint Parliamentary Committee.The Minister further highlighted the growing role of technology in the legal ecosystem, including artificial intelligence and virtual hearings, in improving dispute resolution efficiency.Drawing from India’s traditional dispute resolution practices, he cited the concept of “Panch Parmeshwar” as a reminder of the importance of neutrality and impartiality in arbitration.Meghwal also said India will host a BRICS conference in Ahmedabad, bringing together justice ministers and officials from 10 countries to strengthen international legal cooperation.He reiterated that legal and institutional reforms remain central to India’s economic vision and its goal of becoming one of the world’s leading economies.

Next Story
Infrastructure Urban

Premier Energies Secures Rs 25,770 mn Orders In Q4

Premier Energies Limited has received orders aggregating to Rs 25,770 million (mn) in the fourth quarter of fiscal year 2026 for the supply of 1,600 megawatt (MW) solar cells and modules. Execution of these orders is scheduled across fiscal year 2027 and fiscal year 2028 and the contracts have been secured from a mix of domestic independent power producers, module manufacturers and engineering, procurement and construction contractors in India. Capacity increases support the order book, with cell capacity expected to reach 10.6 gigawatt (GW) by September 2026 and module manufacturing capacity ..

Next Story
Building Material

Steel Exchange India Reports Rs 280 mn Debt Repayment

Steel Exchange India Limited (SEIL), one of the leading integrated steel manufacturers in South India and the maker of SIMHADRI TMT, has reported the repayment of Rs 280 mn of debt over the last two quarters. The company informed exchanges under listing regulations that the repayment was part of scheduled deleveraging measures aimed at strengthening the balance sheet. The update followed credit facilities that were taken in September 2025 to support operations and growth initiatives. During the period October 2025 to March 2026 a partial redemption was executed with Rs 214.3 mn directed toward..

Next Story
Infrastructure Energy

Tata Power Adopts Databricks Platform To Accelerate Energy Transition

Tata Power has adopted the Databricks platform across its enterprise to accelerate data and AI transformation across its business clusters. The initiative is intended to drive enhanced operational efficiency, smarter decision making and scalable digital innovation as the company advances renewable integration, smart grids and an expanding business-to-consumer portfolio. Tata Power framed the move as a step towards building a future-ready data and AI platform to power its next phase of growth. The unified platform will support intelligent grid management, advanced power planning and optimisatio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement