The Indian legal system, as well as global jurisprudence, needs to evolve to address the growing volatility in the international economic and trade scenario, said Shaktikanta Das, principal secretary to Prime Minister Narendra Modi, on Friday.
Moderating a panel discussion on legal reforms needed in the country at the Kautilya Economic Conclave in New Delhi, the former Reserve Bank of India governor said legal reforms were needed at a time when multilateral institutions such as the World Trade Organization (WTO) were “not so active”. Also Read | De-dollarization debate: Multilateralism can solve the world’s financial needs
This comes at a time when the international trade and economic environment is very volatile, he said. Das also said the link between national as well as internati