Universal debt relief scheme: Govt planning to provide relief to small borrowers, micro-entrepreneurs, says Corporate Affairs Secretary Injeti Srinivas
The Corporate Affairs Secretary said the cost of the scheme is unlikely to exceed Rs 20,000 crore, but will benefit millions in the very small-ticket loan category.
Jet Airways crisis: Good outcome from creditors-company negotiations better than insolvency, says govt official
Corporate Affairs Secretary Injeti Srinivas was responding to a query on whether Jet Airways is a fit case to be referred under the Insolvency and Bankruptcy Code (IBC)
Changes to Insolvency and Bankruptcy Code to be prospective, says Corporate Affairs Secretary Injeti Srinivas
With a high-level panel suggesting a slew of changes to insolvency law, Corporate Affairs Secretary said that amendments would be prospective in nature