India is currently in the throes of developing legislation that would theoretically create simpler frameworks to resolves disputes. In creating and conceptualising these laws, there is a clear need for there to be a comprehensive assessment of all factors that would aid or debilitate the problem-solving at hand. The role of a legislature in a modern-day economy and polity is to ensure that regulatory and governance measures are passed in the country so as to benefit the citizenry, and ensure the smooth functioning of the government at all levels. In India today, legislation is often drafted and developed by think-tanks and policy research organisations who then work closely with prevailing governments and ministries to enact it into law. In many cases, the ministries themselves draft legislation and circulate them for public comments before at- tempting to pass them through Parliament. While these background organisations do much of the leg work that is involved in legislative drafting, it may be time for the country’s overall approach to legislative drafting to take place in a more systematic and structured manner. It is in this light that Regulatory Impact Assessment (‘RIA’) proves to be a useful tool in regulation and governance…