-PTI/ The Telegraph Senior govt official says consultations are going on with various stakeholders and changes are expected to be finalised in coming weeks New Delhi: The government is preparing to amend the insolvency law as it looks to reduce the time taken for the completion of the resolution process of stressed assets and prevent significant erosion of value of the assets, according to a senior official. Amendments to the Insolvency and Bankruptcy...
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Strategy to save: On the National Suicide Prevention Strategy
-The Hindu The National Suicide Prevention Strategy must cascade down to every district The best first step towards addressing a malaise is to recognise that it exists. The Ministry of Health and Family Welfare’s recently published National Suicide Prevention Strategy fits right there. It has been a long time coming, but the Strategy, finally in the public realm, calls attention to the massive burden of suicides in the country, and initiates steps...
More »Jahangirpuri: Demolition, as vigilante justice, is illegal -Gautam Bhatia
-Hindustan Times Home demolition in response to allegations of rioting is akin to medieval wars where armies would poison wells of villages that were suspected of harbouring enemy soldiers, so that soldiers and innocent civilians would be deprived of water In the wake of communal riots that flared up in the aftermath of the Ram Navami celebrations in various states, the response of the administration has been to use bulldozers to demolish...
More »The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh
-NetworkIdeas.org With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber base, is staring at Bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to...
More »Last resort: Indians in distress are selling gold & third wave could only make it worse -Swansy Afonso
-ThePrint.in The likelihood of financial distress caused by the 2nd wave is much higher & it could lead to more outright sales of gold, unlike in 2020, when people chose to take out loans against gold. Mumbai: Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children’s education after losing his job on a cruise liner. This year, he...
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