For more business news videos and PDFs, keep visiting the ‘Economy This Week’ segment regularly.
This week’s ‘Economy This Week’ segment brings to you all you need to know about the IL&FS Issue. Economics is an important segment of the IAS exam and is also extensively linked to current affairs.
IL&FS Ltd, also known as Infrastructure Leasing & Finance Services, is in the news these days because the company defaulted on payments to lenders. In this article, you will read about the background to the topic, what actually happened, the gravity of the crisis, concerns and the way forward.
Download the IL&FS Issue PDF
Topics covered in this document are:
- IL&FS – Basic Information
- What actually happened?
- How it unfolded?
- The gravity of the crisis
- Way forward
You can also download the PPT of the video lecture from the link below: