The aggregate debt of Rs 43,000 crore addressed till date represents nearly 71% of the overall revised targeted recovery value of Rs 61,000 crore and 44% of the overall debt of over Rs 99,000 crore.
Prime Minister Narendra Modi too took his first shot of vaccine, Bharat Biotech's Covaxin, on Monday.
“At CII, we have constituted a task force and we are closely interacting with the government on the need of the involvement of corporates in the process.
The council was set up last year to advise the Centre on measures needed to build a strong ecosystem for nurturing innovation and startups in the country.
The court took into cognisance a complaint filed by Bharat Kumar of Universal Packers and Movers alleging that Magma Fincorp and Kotak bank have cheated him.
Currently, banks sell their bad loans to asset reconstruction companies as per the prudent norms of the Reserve Bank of India.
Kotak was mandated to complete the resolution of the IL&FS and its group companies, which have a debt of over Rs 90,000 crore, through a fair and transparent process.
PM Modi will deliver the keynote speech at the plenary session of the World Economic Forum on 23 January.