Parliament Budget Session LIVE: Lok Sabha to discuss Insolvency, Bankruptcy Code Bill; Rajya Sabha to take up CAPF Bill
GS2Polity · Governance · IR· Parliament & state legislatures· Prelims + Mains·
Why in news
The Lok Sabha is deliberating the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, while the government faces a March 2026 deadline to achieve a Naxal-free India.
Background
The Insolvency and Bankruptcy Code (Amendment) Bill, 2025, seeks to reduce delays in insolvency proceedings and introduce procedural changes. Union Home Minister Amit Shah has set March 2026 as the deadline for eliminating left-wing extremism.
Facts for Prelims
- Act / BillInsolvency and Bankruptcy Code (Amendment) Bill, 2025: Proposed to address procedural delays in insolvency proceedings
- FactMarch 2026: Deadline set by the Union Home Minister to achieve a Naxal-free India
- BodyLok Sabha: House currently discussing the IBC Amendment Bill
For Mains
Q. Discuss the significance of procedural reforms in the Insolvency and Bankruptcy Code for enhancing the ease of doing business in India.
Dimensions to cover in your answer
- Judicial bottleneck: Delays in insolvency proceedings affecting capital liquidity
- Security-Development nexus: Balancing internal security measures with socio-economic development in Naxal-affected regions
Keywords: Ease of Doing Business · Insolvency Proceedings · Left-Wing Extremism · Legislative Deliberation · Procedural Reform
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