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Informative Article | Law | India | Volume 9 Issue 9, September 2020 | Popularity: 6.5 / 10

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Whether Trade, Commerce and Intercourse Free?

Aastha Roy

Abstract: Is this article/paper addresses the intricacies worried in the query that whether or not the freedom of trade, commerce and intercourse (Article 301, Constitution of India) is an absolute freedom or does it have any restrictions on it For an absolute freedom of trade, commerce and intercourse may also lead to economic confusion and misuse of the same. Therefore, the large amplitude of the freedom granted by way of Article 301 is restricted with the aid of restrictions imposed on it underneath Articles 302-305. The charter makers favoured to promote free glide of trade and commerce in India as they totally realized that monetary team spirit and integration of the India furnished the primary sustaining pressure for the balance and progress of the political and cultural team spirit of the federal polity, and that the India should characteristic as one single financial unit without obstacles on inner trade. In order to make sure that the country legislatures subjected to neighbourhood and regional pulls do now not create trade limitations in future, Article 301 was once integrated in the constitution. According to this provision, trade, commerce and intercourse during the territory of India shall be free. The charter makers were absolutely aware of the want for preserving financial solidarity and development of federal polity while drafting the applicable Articles of phase XIII. Article 301 is not a assertion of a mere platitude or the expression of a pious hope of a declaratory character. It embodies and enshrines a precept of paramount significance that financial solidarity will supply the important sustaining force for stability and the progress of the political and cultural solidarity of the country.

Keywords: Trade, Commerce

Edition: Volume 9 Issue 9, September 2020

Pages: 1305 - 1309

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