Shift from welfare to free market economy
Journey of the Indian constitution and the role of the supreme court
Keywords:
market economy, supreme court, constitutionAbstract
There has been a series of incidences which triggered the movement from welfare economy to free market economy in India, but it is really difficult to comprehend them and to know which Supreme Court verdicts played important role in such a transition and what were the changes made due to that. It appears that the role of the Supreme Court is highly significant in the transition of the Indian Economic structure from Welfare to Free Market. This research work aims at finding the key judgements and jurisprudence of the Supreme Court of India regarding the said shift.
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K.P. Krishnan, “India's constitution and the economy” https://india-seminar.com/2013/642/642_k_p_krishnan.htm
Verma, S. K. (2000). Globalisation, Marketisation And Constitutional Mandate. Journal of the Indian Law Institute, 42(2/4), 395–408.
Ghosh, Arun. “State Intervention versus Free Market.” Economic and Political Weekly, vol. 27, no. 27, Economic and Political Weekly, 1992, pp. 1365–68, http://www.jstor.org/stable/4398578.
Abhay Thomas, “Transition of India from socialism to Capitalism” Legal service India https://www.legalserviceindia.com/legal/article-4895-transition-of-india-from-socialism-to-capitalism.html
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