Quasi-22: India must sort out how institutions are picked for arbitration once and for all
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Summary
India is heavily reliant on institutional arbitration since it is recognized as being akin to courts. But India still lacks a consistent process for institutions to be designated for this critical purpose. Here's why we need clarity.
Key Facts
Type Policy
Source Livemint - Opinion
Published Tuesday, 16 June 2026
Affected Population ~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right