Continuation, revamping of financial support to PPPs in Infra VGF scheme get Cabinet nod

New Delhi: The Cabinet Committee on Economic Affairs on Wednesday approved the continuation and revamping of the scheme for financial support to the Public Private Partnerships (PPPs) in Infrastructure Viability Gap Funding (VGF) Scheme till 2024-25, with a total outlay of Rs 8,100 crore. Addressing a press conference after the...

Centre suspends fresh IBC proceedings till Dec

New Delhi: In a major relief for stressed companies amid the pandemic woes, the Centre on Thursday announced the suspension of fresh insolvency proceedings under the Insolvency and Bankruptcy Code (IBC) by three more months till December. In a gazette notification, the Ministry of Corporate Affairs (MCA) said that the...