New Economic Policy Framework — Key Judgments

Key Judgments

Balco Employees Union vs Union of India

2002

The Supreme Court upheld the government's disinvestment policy, ruling that privatization of public sector enterprises is a valid policy decision within the government's domain.…

State of Tamil Nadu vs L. Abu Kavur Bai

1984

Though predating the 1991 reforms, this judgment established the principle that economic policies must balance efficiency with social justice, as mandated by Directive Principles.…