Centre to reform insolvency code with ₹2 lakh crore assistance
after close1 source ↓written by the desknot a recommendation
- assistance package
- ₹2 lakh crore
The government plans a structural overhaul of the Insolvency and Bankruptcy Code (IBC) and will introduce the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in March. This reform aims to reduce resolution timelines and empower creditors, alongside a ₹2 lakh crore assistance package for states. These measures may enhance market confidence and improve recovery rates for creditors.
Not investment advice. For informational purposes only.