Contract reform seeks to settle disputes, make doing business easier

Second edition of the Vivad Se Vishwas scheme nudges government officers not to pursue adverse arbitration orders endlessly

The Supreme Court on Monday stayed a Reliance Infrastructure-owned company from recovering Rs 4,800 crore in arbitration award from state-run Delhi Metro Rail Corporation. DMRC has filed a curative petition with the court to reconsider the arbitration that last year went in favour of Delhi Airport Metro Express Private Limited (DAMEPL). The legal battle continues, but in a corner of public policy the expenditure department of the finance ministry is working to ensure such instances do not hurt ease of doing business.

The second edition of the Vivad Se Vishwas scheme, launched by the department last week, is meant to take