India must allow insolvency and bankruptcy to build dynamic, risk-taking economy: PM's Economic Advisory Council member Sanjeev Sanyal
India must allow insolvency and bankruptcy to build dynamic, risk-taking economy: PM's Economic Advisory Council member Sanjeev Sanyal
Sanyal said a healthy economic system must allow for "continuous churn", where old companies shut down, and new ones emerge to take their place. He stressed that constant change is necessary for long-term economic strength.
Sanyal said a healthy economic system must allow for "continuous churn", where old companies shut down, and new ones emerge to take their place. He stressed that constant change is necessary for long-term economic strength.
Sanyal said a healthy economic system must allow for "continuous churn", where old companies shut down, and new ones emerge to take their place. He stressed that constant change is necessary for long-term economic strength. 
