ASSOCHAM National E-Summit On Udyog Jagat-Ki-Soch & Manthan For Infrastructure Financing & Impact Of IBC Suspension

 

“Building Modern India For V Shaped Economy” 

Friday, 22^nd January 2021 (11:00 AM- 02:00 PM)

The Union Budget for the Financial Year 2021-22 is only month away. This year budget might be one of the most difficult budgets in recent times as it is expected not only to move India on a path of V shaped recovery but also meet aspirations of more than a billion people, to expand India’s role in the world for which the industrial chambers have a play an important role. The World Bank estimates India’s growth to recover 5.4 % in FY 22 as the rebound from a low base is offset by muted private investment growth given financial sector weakness.

The centre has recently decided to extend the suspension of the Insolvency and Bankruptcy Code (IBC) till March 31, 2021, to help businesses cope with major stress posed by the Covid-19 pandemic. The IBC has been suspended for the entire year, and rightly so, because every industry has gone through stress because of the pandemic and nobody could be drawn towards insolvency process which may have occurred during the pandemic.

India’s economy is on course to perform better in the second half of the fiscal buoyed by sustained improvement in high frequency indicators while approval of emergency use of COVID 19 vaccines will provide tailwinds to a V Shaped recovery. The pending vaccination against the coronavirus would spur momentum in the economic activity globally. The bank noted that the informal sector, which accounts for four-fifth of employment , has also been subject to severe income losses during the pandemic, while in the financial sector, non-performing loans were already high before the pandemic.

In this connection, on behalf of the ASSOCHAM Department of Banking & Financial Services, we would like to invite you to attend this timely and meaningful discussion. The link to join the meeting is

https://assochamindia.webex.com/assochamindia/onstage/g.php?MTID=e662bb40c4551e8547df2534d74efa42

Key Areas of Discussions:-

Budget Expectations 2021 “Fiscal Policy Roadmap“

Stressed Assets In Infrastructure Financing & Other 26 Sectors “Building Modern India Through Atmanirbhar Bharat Post Extension IBC Suspension”

Tax Revenue Management Expenditure Management Debt Sustainability Other Fiscal Measures Employment Generation

Impact Post Extension IBC Suspension Resolution Framework for Covid19-related Stress NBFC sector rebound in the first six months of FY21 Loan restructuring in 26 stressed sectors identified by Shri K. V. Kamath Committee ECLGS extension in 26 stressed sectors & professionals like doctors or chartered accountants National Infrastructure Pipeline (NIP) & Development Finance Institution (DFI) Infrastructure Bond Market & Infrastructure Investment Trusts (InvITs) Subdued Investments in PPP Projects

 

Eminent Speaker*:-

• Shri N. K. Singh, Chairman, Fifteenth Finance Commission, GoI
• Dr. Ms. Mukulita Vijayawargiya, Whole Time Member, Insolvency and Bankruptcy Board of India (IBBI)
• Shri Surjit Bhalla, Executive Director- India, International Monetary Fund
• Dr. Arvind Virmani, Former Chief Economic Advisor, GoI
• Shri R.K Pandey, Member (Projects), National Highways Authority of India
• Shri Sunil Kanoria, Vice Chairman, Srei Equipment Finance Ltd.
• Shri Abizer Diwanji, Partner & National Leader- Financial Services, EY
• Shri Ashishkumar Chauhan, MD & CEO, BSE Ltd.
• Shri Ashish Chhawchharia, Partner & National Head- Restructuring Services, Grant Thornton Bharat LLP
• Shri Arun Mehta, MD & CEO, SBI Capital Markets Limited
• Dr. Sajjid Z. Chinoy, Chief India Economist, JP Morgan
• Shri Anil Goel, Founder Chairman, AAA Insolvency Professionals LLP
• Shri Manmeet Singh, Partner, Luthra & Luthra Law Office
• Shri S. C. Agarwal, Senior Member, ASSOCHAM & CMD, SMC Group
• Ms. Anju Agarwal, Director, ASC Group

* Eminent Speakers Are Subjected To Change

Looking forward for your kind and early confirmation on the ASSOCHAM invitation.

Please Note: Post National E-Summit Key Takeaways of all eminent speakers will be circulated to all stakeholders.