Bankruptcy Code Can Push GDP By 2 Says M S Sahoo – BW … – BW Businessworld

Insolvency and Bankruptcy Board of India Chairperson Dr. M. S. Sahoo, in an exclusive interview with BW Businessworlds Suman K Jha, says that with the Insolvency and Bankruptcy Code, 2016, the country has got a futuristic, robust and vibrant insolvency regime, and that it has the potential to push up GDP growth by about 2 per cent, apart from improving ease of doing business, developing corporate debt market, promoting entrepreneurship, and helping inclusive growth, in the days to come.

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The Insolvency & Bankruptcy Board of India is considering a proposal to expedite the reso…