Диссертацияларининг асосий илмий натижаларини чоп этиш тавсия этилган илмий нашрлар ва Россия

7. SCOPE OF THE STUDY
This research study empirically examines the 
relationship between insolvency framework and 
economic development in India from 2016-2019. 
The important aspects of the growth of economic 
markets are the well-built credit market, proportion of 
non-performing assets and increase in the number of 
foreign investors. A study of the various elements of 
financial markets is to be done for getting the clarity 
of the subject. It is important to direct the flow of 
non-performing assets into investment and if possible 
even in influencing its size. Ultimately, this bears 
fundamental relationship between the country's re-
engineering & re-structuring aspects and economic 
growth. The study uses secondary data and critically 
evaluates the empirical data on the impact of IBC on 
the economic growth of India.
8. PERIOD OF STUDY 
The period considered for the study is from the 
financial year 2016-17 since the introduction of IBC 
to the financial year 2019-20. The respective data and 
information, as may be required and available, at the 
beginning or prior of financial year 2016-17 also, is 
used in the study.
9. LIMITATIONS OF THE STUDY
This study is limited to the number of books, 
articles, reports of various organisations (RBI, IBBI, 
MCA, etc) referred. Most of the data is available 
annually. If we get data quarterly then the results of 
the study can be further finely validated. National and 
Global Economic Development measures such as FDI 
Growth rate and EODB rankings are based on several 
factors but here we have tried to establish correlation 
only with the outcomes based on the implementation 
of IBC. For establishing the correlation of IBC and 
Economic development there is no data available 
with the Government. There are many external 
factors that influence the economic market, however 
only insolvency criteria is examined and studied in 
detail here. The other factors such as the non-banking 
segment, unlisted companies, the legal framework and 
the economic conditions that might have prevailed are 
not fully considered.
10. HYPOTHESES
• The IBC has not been instrumental in the Indian 
Economic growth by not showing any decline in NPAs 

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in Indian Economy and not improving EoDB ranking.
• The IBC has been instrumental in the Indian 
Economic growth by decreasing the level of NPAs in 
Indian Economy and improving EoDB ranking.
• Restructuring plans under IBC have a positive 
impact on the development of Indian Economy, rather 
than Liquidation.