Arbitration and its Impact on the EoDB Index

As of 2020, India ranked 63 out of 190 nations in the ‘Doing Business’ Index and 163 under the ‘Enforcing Contracts’ Index; the low rank, inter alia, can being attributed to the judicial backlog along with the setbacks in the domain of arbitration. Since the enactment of the Arbitration and Conciliation Act in 1996, the realm of arbitration has gone through a plethora of changes and reforms. The amendments have attempted to expand the scope of arbitrable disputes, reduce judicial intervention and make arbitral proceedings more certain. This paper shall explore the implementation of the said reforms and assess their impact on India’s EoDB Index.