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Legal and business experts emphasise increased capital expenditure, incentives for MSMEs, startups, manufacturing, and rural employment. “As a first step, a possible increase in capital expenditure by 11% to ₹11.11 lakh crore is very welcome. This will result in generating additional job opportunities, particularly in construction, transportation, and logistics. The MSME sector could do with more support to help create jobs—for example, providing easier access to finance at lower interest rates with fewer regulatory burdens. Schemes like the Pradhan Mantri MUDRA Yojana could have higher loan limits or reintroduce the Interest Equalisation Scheme. Similar logic applies to startups, who would benefit from tax breaks and incentives. The National Centres of Excellence for Skilling, National Apprenticeship Promotion Scheme, and Craftsman Training Scheme are also significant initiatives. With appropriate skills and apprenticeships, the fresh workforce becomes more employable across industries. Any development in infrastructure will help create jobs. Government allocations for industrial parks and public-private partnerships will be appreciated. For sectors to raise productivity, tourism, agri-processing, horticulture, and floriculture could consider additional allocations. For rural employment, additional allocations for MGNREGA may be considered,” said Sajai Singh, Partner, JSA Advocates & Solicitors. Read more

The SHANTI Act, 2025, liberalizes India’s nuclear sector, inviting private and foreign investment while capping liability at 300 million SDRs. It targets 100 GW nuclear capacity by 2047 but faces criticism for weakening safety and liability measures. Experts doubt the targets’ feasibility and advocate for alternative energy solutions. Amit Kapur, an infrastructure lawyer and partner at JSA Advocates & Solicitors, Delhi, says undoing supplier liability provisions was politically and commercially necessary. “The government needs to communicate clearly how the revised framework will hold operators accountable and ensure prompt compensation through insurance pools and other mechanisms,” he adds. Read more

Sidharrth Shankar, partner at JSA Advocates & Solicitors, broadened the frame, pointing to risks well beyond India’s borders. “Environmental issues and political instability worldwide,” he said, adding that geopolitics increasingly shapes trade and growth outcomes. “A lot of these factors do play a role—trade and other things. Aspects of these will always have a very large impact on the overall growth pattern.” Read more

“The biggest challenge for businesses has been the lack of finality and uniformity in the rules across states. Expediting the notification of comprehensive and consistent Central and State rules would significantly reduce ambiguity and compliance costs for companies, especially those operating across multiple jurisdictions,” said Preetha Soman, Partner, JSA Advocates & Solicitors. Read more

“Among the most consequential measures was the earmarking of Rs 250 crore for development of pipeline infrastructure to connect CBG plants with city gas distribution networks, substantial reduction in goods and services tax (GST) on biogas plants and associated equipment, and introduction of biomass aggregation machinery to channelise the biomass feedstock from agricultural residues and other waste streams to CBG plants,” said Arun Kumar, partner at law firm JSA Advocates & Solicitors. Read more

In the first week of January came a slew of media reports stating that the National Thermal Power Corporation (NTPC) Limited, a state-owned company, has inked agreements with foreign firms to explore collaborations for nuclear power projects in India. These include Russia’s Rosatom, France’s Électricité de France SA (EDF) and the US’ Clean Core Thorium Energy. Reports of the deals in such quick succession can be attributed to the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Act, 2025, or SHANTI Act, passed by the Parliament in December. Amit Kapur, an infrastructure lawyer and partner at JSAAdvocates & Solicitors, Delhi, says undoing supplier liability provisions was politically and commercially necessary. “The government needs to communicate clearly how the revised framework will hold operators accountable and ensure prompt compensation through insurance pools and other mechanisms,” he adds. Read more

India’s reported move towards mandating source code sharing by smartphone manufacturers has triggered concern across the legal and technology ecosystem. Analysts warn that any rigid requirement could undermine intellectual property protection and weigh on foreign investment sentiment. From a legal standpoint, Tony Verghese, Partner at JSA Advocates & Solicitors, described the proposal as a significant regulatory development that raises multiple red flags. “While such measures may be intended to strengthen security oversight, it raises important legal concerns relating to protection of proprietary technology, intellectual property rights and confidentiality obligations,” Verghese said. Read more

 All eyes are now on Union Finance Minister Nirmala Sitharaman as the countdown to Budget 2026 has begun, which will mark the biggest business event for the country at the beginning of 2026. Sitharaman will present the 88th Union Budget, and her ninth consecutive Union Budget on Sunday, 1 February 2026. Ahead of Budget 2026, experts and stakeholders across industries have put forward their expectations from the government. “Any development in the infrastructure space will help create jobs. Government allocations to develop industrial parks and promote public-private partnerships will be appreciated. If the government is looking for sectors to raise productivity, tourism, agri-processing, horticulture, and floriculture, may be sectors they can consider additional allocation in. For rural employment, additional allocations for MGNREGA may be considered,” says Sajai Singh, Partner at JSA Advocates & Solicitors. Read more

India’s reported move towards mandating source code sharing by smartphone manufacturers has triggered concern across the legal and technology ecosystem. Analysts warn that any rigid requirement could undermine intellectual property protection and weigh on foreign investment sentiment. Currently, the government maintains that no such mandate has been finalised and that discussions remain consultative in nature. Tony Verghese, Partner at JSA Advocates & Solicitors, described the proposal as a significant regulatory development that raises multiple red flags. “While such measures may be intended to strengthen security oversight, it raises important legal concerns relating to protection of proprietary technology, intellectual property rights and confidentiality obligations,” Verghese said. He also pointed out that even a consultative move towards accessing manufacturers’ software source code would require careful legal framework analysis. According to him, the challenge lies in balancing national security objectives with investor confidence and contractual obligations tied to global technology platforms. Read more

India Inc’s global capability centre (GCC) boom is keeping the country’s law firms busier than ever as more multinational companies set up larger office campuses on longer lease tenures across major cities. According to Vivek K. Chandy, joint managing partner at JSA Advocates & Solicitors, there is no room for poor construction quality, as even design and specification choices can significantly affect costs and risk. Read more

The misuse of Grok, the artificial intelligence (AI) chatbot of X (formerly Twitter), to generate sexualised images of women without their consent has once again brought India’s weak AI guardrails into sharp focus. Experts underscored that such incidents highlight not just the absence of robust safeguards on AI platforms but also the urgent need for clearer liability frameworks and stricter penalties for harms caused by generative AI systems. Similarly, Akshaya Suresh, Partner JSA Advocates & Solicitors, said there is an urgent need for strong content and safety controls on AI systems. These include prompt level checks to screen and block unlawful prompts, as well as system-level safeguards to ensure that models do not generate illegal or obscene content even when such prompts are attempted. Suresh noted that under the Information Technology Act and the Intermediary Guidelines, the first step is the takedown of unlawful content following a government order. “More sanctions would follow and the intermediary will lose its safe harbour, if the takedown notice is not adhered to. Conversely, where the unlawful content is taken down within prescribed timelines, stricter sanction may not follow,” she added. She said that while India does not yet have a standalone AI law, a patchwork of existing statutes can be used to regulate Al-driven harms, including the IT Act. Read more

With the aim of making India a more business-friendly jurisdiction, the new codification reduces the number of labour governance rules from 1,400 to around 350 and cuts down the number of regulatory forms employers must complete from 180 to just 73. “In the absence of central and state rules, employers are seen stranded in anticipation of implementation guidelines,” notes JSA Law’s Sonakshi Das. “A phased transition from the old regime to the new, particularly concerning the establishment of statutory bodies and enforcement of compliance requirements, is certainly anticipated. This transitional period is likely to be marked by uncertainty for Indian employers,” she adds. Read more