HPNLU Inaugurates 12th International Conference on Law and Economics in Shimla

Shimla, October 24, 2026: Himachal Pradesh National Law University (HPNLU), Shimla, in association with the Law and Economics Trust, inaugurated the 12th International Conference on Law and Economics (ICLE-2026) on Saturday. The two-day conference, being held on October 24 and 25, focuses on the theme “Positive Externalities for a Better Society.”

The conference aims to promote interdisciplinary dialogue on how law, economic incentives, institutional frameworks and public policies can advance social welfare and sustainable development.

Prof. (Dr.) Girjesh Shukla delivered the welcome address, followed by initial remarks from Prof. Murali Prasad Panta. Prof. Jaivir Singh delivered the inaugural address, highlighting how legal frameworks, economic incentives and institutional structures shape individual choices and social outcomes.

The keynote address was delivered by Dr. Badri Narayanan Gopalakrishnan, while special guest Prof. L.C. Mallaiah also addressed the gathering. In her presidential address, Prof. (Dr.) Priti Saxena emphasised the importance of academic inquiry and interdisciplinary engagement in addressing contemporary legal and economic challenges. Prof. (Dr.) Alok Kumar, Registrar of HPNLU, proposed the vote of thanks.

ICLE-2026 features nine parallel technical sessions over two days, covering legal and economic policy, technology, environmental sustainability, healthcare, gender justice, innovation, trade, competition and social welfare.

Three panel discussions will examine the role of the armed forces in merit goods and services, social capital-oriented practices in surgical interventions, and the relationship between solid waste, externalities and urban sustainability in India.

The conference provides a platform for researchers, academicians and experts to explore how institutional arrangements, community participation and incentive-based mechanisms can reduce transaction costs, improve resource allocation and generate positive outcomes for society.