India needs best global practices on arbitration: NITI Aayog
- To develop India as a global hub for international arbitration, it needs to adopt global best practices, NITI Aayog member Bibek Debroy said, terming heavy reliance on retired judges as arbitrators as "problematic".

- There is a call to demonstrate that Indian arbitral institutions are homogenised with the world and can deliver an effective arbitration work at lower cost, Debroy along with Suparna Jain wrote in a research paper titled 'Strengthening Arbitration and its Enforcement in India - Resolve in India.'


http://economictimes.indiatimes.com/articleshow/56254567.cms
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