Why tribunals are on the chopping block

With the government proposing in Budget 2017-18 plans to rationalise the number of tribunals, some appellate bodies are likely to face the axe. India has over 35 tribunals that look into designated legal issues and appeals from orders of sectoral regulators.
 
These include the Telecom Disputes Settlement and Appellate Tribunal, Securities Appellate Tribunal, Competition Appellate Tribunal (COMPAT), National Company Law Appellate Tribunal and Debt Recovery Appellate Tribunals — which look into appeals against orders passed by the National Company Law Tribunals (NCLTs) and Debt Recovery Tribunals (DRTs), respectively — and a host of other such bodies.
 
Talk of