Why Enforcing a Contract Is So Hard in India Ft. Anand Kumar| Ep 23 | Growth is Good

In this episode of Growth is Good, Rahul Ahluwalia is joined by Anand Prasad, co-founder of Trilegal, for a wide-ranging conversation on India’s legal system, economic growth, and the incentives that quietly shape how business actually works.Anand traces his journey from becoming a lawyer just after liberalisation to building one of India’s most influential corporate law firms. From there, the conversation moves into deeper questions:• Why breach of contract has become a “resource” rather than a deterrent• How delays, litigation, and weak enforcement slow down deal-making• Why technology alone can’t fix government systems without changing incentives• The role of culture — from “milord” courtrooms to the chalta-hai mindset• How regulation, corruption, and premature imitation shape everyday business decisionsUsing examples ranging from power sector reform to the pakoda-thela economy, this episode explores why India’s economy continues to function despite systemic friction — and what real reform would actually require.A candid, experience-driven conversation on law, incentives, culture, and growth.