India International Arbitration Centre

₹7.5 crore allocated to India International Arbitration Centre since 2022: Law Ministry

The information was disclosed in response to a Rajya Sabha question regarding the Indian government's efforts to boost institutional arbitration.

Published on:

20 Mar 2025, 1:30 pm

The Union Law Ministry revealed that the Central government has allocated ₹7.5 crore over the past three years to the India International Arbitration Centre (IIAC) to promote and encourage institutional arbitration in India.

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