Freedom to Conduct Business

  • IASbaba
  • December 8, 2021
  • 0
UPSC Articles

Freedom to Conduct Business

Part of: Prelims and GS-II – Rights

Context The Supreme Court has held that a Reserve Bank of India (RBI) ban on exporting PPE kits during the second wave of the pandemic was a legitimate aim, which was of sufficient importance to override the Constitutional right of freedom to conduct business.

Background

  • The RBI had elaborated on the state of the pandemic in the country and the necessity of ensuring adequate stock of PPE products.

Do you know?

  • The right to freedom to trade and business is a fundamental right guaranteed under Article 19(1)(g) of the Constitution.

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