A functioning consumer bankruptcy code can help those Indian debtors who are paying back with their lives

Singh Chhina, Raman (2022) A functioning consumer bankruptcy code can help those Indian debtors who are paying back with their lives. South Asia @ LSE (26 Apr 2022). Blog Entry.

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Abstract

Earlier this year, the Indian government presented figures to the parliament on the number of suicides caused by financial distress in the country. Bankruptcy was shown as an important cause of such deaths. Raman Singh Chhina argues below that, while no panaceas are available, the government can provide more effective help to people who are unable to pay back debts due to negative life events by implementing and systematically improving the proposed consumer bankruptcy code instead of resorting to ad hoc and politically-motivated debt-waivers and other such debt-relief packages.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/southasia/
Additional Information:	© 2022 The Author
Divisions:	LSE
Subjects:	H Social Sciences > HN Social history and conditions. Social problems. Social reform J Political Science > JQ Political institutions Asia, Africa, Australia, Pacific
Date Deposited:	20 Oct 2022 09:39
Last Modified:	11 Dec 2024 21:14
URI:	http://eprints.lse.ac.uk/id/eprint/116827

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