In this series , I am trying to cover All Important Current Affairs & Contemporary Issues of Economy for UPSC-CSE 2022. I am also discuss the ideology of the government behind every scheme and initiative. As polity is the driver of the economy , every initiative of the government is way towards economic empowerment which takes our nation one step towards realising our global power aspiration.
The Insolvency and Bankruptcy Code, 2016(IBC) is the bankruptcy law of India that seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy. The bankruptcy code is a one-stop solution for resolving insolvencies which previously was a long process that did not offer an economically viable arrangement. The code aims to protect the interests of small investors and make the process of doing business less cumbersome.”
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Analysis : Bankruptcy and Insolvency Code (IBC)2016 || Economy Contemporary Issues || Tushant Yadav
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7 сен 2024
