Inviting suggestion on Vivad se Vishwas II – Settling Contractual Disputes

Inviting suggestion on Vivad se Vishwas II – Settling Contractual Disputes
Start Date :
Feb 08, 2023
Last Date :
Mar 08, 2023
23:45 PM IST (GMT +5.30 Hrs)
Submission Closed

As per the Doing Business Report 2020, the World Bank’s annual Ease of Doing Business (EODB) report, India’s ranking in EODB Index has shown a marginal improvement from 77th ...

As per the Doing Business Report 2020, the World Bank’s annual Ease of Doing Business (EODB) report, India’s ranking in EODB Index has shown a marginal improvement from 77th position in 2018 to 69th in 2019. While this rise in the ranking indicates improvement on specific parameters, India still lags on critical aspects such as ‘enforcing contracts’, at the core of which lies the effective resolution of disputes arising out of contracts.

In the Budget speech 2023-24, the Honourable Finance Minister announced Vivad se Vishwas II – Settling Contractual Disputes.

In this context, a draft scheme has been prepared. The Ministry of Finance and MyGov invite suggestions from the citizens to facilitate a smooth contractual dispute settlement.

Click here to know more about the draft scheme.(PDF- 266KB)

Comments on the draft scheme may be provided in the attached form (DOC- 194KB) - Click Here

[Note - Download the form, write your suggestions and upload it in PDF format in the description box below ]

Last date of submission is 8th March 2023

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