Which of the following statement is NOT correct about Rule of Law?

In the landmark ruling by the Supreme Court of India in the Maneka Gandhi case, 'rule of law' was categorized as a 'basic structure' of the constitution.

Rule of law is an essential tool to protect the freedom and dignity of individuals against organized powers. In the landmark ruling by the Supreme Court of India in the Keshavananda Bharti v. State of Kerala, 'rule of law' was categorized as a 'basic structure' of the constitution. India's vedas, smritis and upanishads are all texts which perpetuate the idols of fair administration (dharma) and hence, rule of law. 'Rule of Law' essentially means that law carries supremacy over all individuals, even those in the position of power. The notions of equality and non-arbitrariness are also important and non-detachable components of rule of law.