The populists & budding authoritarians see Covid crisis as an opportunity to expand their authority & are unlikely to recognise how strained federalism is becoming.
Unlike the US, which is a federation of states, India is a union of states. Therefore, federalism won’t really get undermined, the report is set to say.
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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