Asset monetization to accelerate public non-core asset transfers through stakeholder collaboration and enhanced guidance.
DIPAM, partnered with the World Bank, led a consultative meeting on asset monetization to advance monetization of non-core public assets. Attended by central and state officials and CPSEs, the meeting stressed the complexity of monetization and the need for coordinated stakeholder engagement. It combined global and domestic best practices and concluded with key takeaways to guide capacity building, operational guidance, and process improvements to accelerate monetization and enhance public asset management.

Decriminalization of LLP offences shifts specified violations to in-house adjudication, inviting stakeholder comments for reform.
The Committee recommends that twelve specified offences under the Limited Liability Partnership Act, 2008 be decriminalized and shifted to an In-house Adjudication Mechanism, with two offences omitted; the Ministry has published the report and invited public comments in a prescribed format to inform further action.

Cooperative federalism: Union support for States continues via expanded borrowing capacity and back-to-back loans for pandemic response.
Pre-budget consultations affirmed cooperative federalism and the Union Government's provision of temporary financing accommodations to States for pandemic response, including expanded borrowing capacity and back-to-back loans, while soliciting State inputs for Budget 2021-22 priorities.

Pre-packaged insolvency resolution process: India proposes debtor led, creditor consented framework with moratorium and swiss challenge protocol.
The Sub Committee proposes a PPIRP under the IBC as a debtor initiated, debtor in possession restructuring route available to all corporate debtors (phased rollout), requiring prior consent of a simple majority of unrelated financial creditors and shareholders; oversight by a Resolution Professional; CoC decision making with 66% approval for plans and 75% for liquidation; moratorium from commencement; independent valuations; optional swiss challenge to maximise value; preservation of section 29A eligibility; and a 90 day market phase plus 30 days for Adjudicating Authority approval, with safeguards against misuse and a call to augment NCLT capacity.

National Infrastructure Pipeline: push ministries to accelerate project implementation and resolve intergovernmental bottlenecks for timely delivery.
Directives to accelerate National Infrastructure Pipeline implementation by reviewing project counts, sectoral spending and bottlenecks; ministries must resolve impediments with State Governments, engage prospective investors to promote investible projects, update the NIP dashboard for continuous monitoring, and prioritise timely execution to meet increased infra-expenditure targets.