Limited scope of judicial review in matters concerning economy and/or economic policy decisions, emphasized. Judges are not experts in economic and fiscal regulatory matters and thus, should not encroach upon these areas and must be more reluctant to impugn the judgment of the experts who may have arrived at a conclusion unless the court is satisfied that there is illegality in the decision itself or such policy could be faulted on the ground of mala fides, arbitrariness, unfairness, etc. Wisdom and advisability of economic policy are not amenable to judicial review.
[Small Scale Industrial Manufactures Assn. v. Union of India, (2021) 8 SCC 511]