.Costs Rule and also the Economic Situation in India: Before Self-reliance and also After5 min checked out Last Updated: Oct 01 2024|10:43 PM IST.Law and also the Economy in India: Before Independence as well as After.Author: Tirthankar Roy & Anand V Swamy.Author: HarperCollins.Pages: 584.Rate: Rs 799.For an economic condition to function efficiently, participants must be certain of the outcomes-- that the counterparty will execute its part, the riches that a person produces are going to stay along with the creator, and that legal systems will definitely ensure these. These qualities are a sine qua non for economic development. As yet, as long ago as 1793, Guv General Cornwallis rued that the "developing stockpile of matches hit at the really origin of the abundance of the nation".Legislation and also the Economic situation.