Monthly Archives: May 2026

What’s at Stake in Calls for Revamping India’s BIT Framework

By Kavaljit Singh | Commentary | May 29, 2026

In his popular column, “BJP is winning the elections but losing the economy” (Indian Express, May 21), economist Surjit S Bhalla has put forth several claims regarding India’s existing bilateral investment treaty framework (specifically the Model BIT of 2015), which are based on his incorrect understanding of India’s BIT regime. Considering that his columns are widely read and that he held the position of executive director for India at the International Monetary Fund from 2019 to 2022, in addition…

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