Krishnamurthy Subramanian

Chief Economic Adviser Krishnamurthy Subramanian invokes concept of ‘Dharma’, urges socially optimal behaviour Indicating that some stakeholders’ actions were scuttling the intended outcomes of the Insolvency and Bankruptcy Code (IBC),…

The CEA’s comments about collective good as a guiding principle for decision-making relating to bankrupt businesses comes in the context of the high degree of haircuts taken by lenders in the case of some bankrupt firms. Livemint | By…