7) Recently the Lok Sabha passed a bill to amend the existing Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Sarfaesi) Act, and the debt recovery tribunal (DRT) Act. Examine the significance of these amendments.

Topic: Resource mobilization

7) Recently the Lok Sabha passed a bill to amend the existing Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Sarfaesi) Act, and the debt recovery tribunal (DRT) Act. Examine the significance of these amendments. (200 Words)

Livemint