Why Enforcing a Contract Is So Hard in India | Ep 23 | Growth is Good
Автор: Foundation for Economic Development
Загружено: 2026-01-30
Просмотров: 1956
Описание:
In this episode of Growth is Good, Rahul Ahluwalia is joined by Anand Prasad, co-founder of Trilegal, for a wide-ranging conversation on India’s legal system, economic growth, and the incentives that quietly shape how business actually works.
Anand traces his journey from becoming a lawyer just after liberalisation to building one of India’s most influential corporate law firms. From there, the conversation moves into deeper questions:
• Why breach of contract has become a “resource” rather than a deterrent
• How delays, litigation, and weak enforcement slow down deal-making
• Why technology alone can’t fix government systems without changing incentives
• The role of culture — from “milord” courtrooms to the chalta-hai mindset
• How regulation, corruption, and premature imitation shape everyday business decisions
Using examples ranging from power sector reform to the pakoda-thela economy, this episode explores why India’s economy continues to function despite systemic friction — and what real reform would actually require.
A candid, experience-driven conversation on law, incentives, culture, and growth.
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