By GP Madaan
India is the world’s fourth-largest economy as of 2025, and it is well on course to become the third-largest, with its GDP projected to reach $7.3 trillion by 2030 from the current $4.2 trillion—a long stride towards milestone of the nation’s aspiration of becoming a Viksit Bharat by 2047. Positioned at a critical juncture in its economic journey, the nation needs a powerful mix of consistent policymaking and far-reaching economic reforms. In his latest book, Corporate Insolvency—The Road to Viksit Bharat: Law, Policy and Practice, veteran insolvency expert and lawyer Sumant Batra advocates that a robust insolvency regime is intrinsically connected to a nation’s economic growth and aligns the insolvency…