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New bankruptcy law, subsidy rules soon


  • After the FDI reforms government is planning many more reforms.
  • Reforms in the list  are single-window clearance for multi-storey buildings, a monetary policy framework, a new bankruptcy law and subsidy reforms  to maintain the momentum on policy change.
  • The department of industrial policy & promotion (DIPP) is already working on a key proposal aimed at simplification of the overall framework entailing all industrial sectors.

Source: The Economic Times


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