Freedom to Conduct Business

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.