rao inderjit singh

Financial creditors realised 36 per cent of their total claims under IBC: Govt

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Financial creditors realised 36 per cent of their total claims under IBC: Govt

New Delhi, The government on Tuesday said that financial creditors have realised Rs 2.45 lakh crore or 36 per cent of their total claims under the insolvency resolution process till the end of June. As many as 4,540 companies were admitted under the corporate insolvency resolution process as of June 30 this year. The process … Read more

India’s GDP growth lower than Bangladesh’s, inappropriate to compare two economies: Govt to Parliament

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India’s GDP growth lower than Bangladesh’s, inappropriate to compare two economies: Govt to Parliament

Minister of State (independent charge) for statistics and programme implementation Rao Inderjit Singh told Lok Sabha that though the gross domestic growth (GDP) growth rates of India’s economy are less than those of Bangladesh during 2017-2020, such comparison of economies of significantly different sizes may not be appropriate. “India has been registering a fair GDP … Read more