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Centre to amend insolvency law to reduce time taken for resolution process

-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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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...

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India’s true self-reliant entrepreneurs -Maitreesh Ghatak and Mukulika Banerjee

-Hindustan Times The lockdown showed how migrant workers, let down by the State, community and market, are the nation’s most valuable resource Atmanirbharata is India’s new economic policy. Nirbharata means reliance, and atma means the self. The Atmanirbhar Bharat Abhiyan, announced by Prime Minister (PM) Narendra Modi, following the lockdown announced on March 24, 2020, calls for India’s economic mission to be based on self-reliance. Recently, the PM extolled the virtues of...

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Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)

-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...

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Character of our nation is on test -Aruna Roy and Nachiket Udupa

-National Herald Those of us who care for integrity, principle and constitutional values as citizens of India have a huge task ahead. When Independence was dreamt of, it must have seemed impossible “Being part of a democratic government is hard. Being a citizen is hard. It is a challenge. It’s supposed to be. There’s no respite from our ideals. All of us are called to live up to our expectations for ourselves...

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