‘Monetary policy panel by September'

The government is hoping to move two legislative initiatives in the monsoon session of Parliament , one to deal with bankruptcy offinancial firms and the other for disputere solution of public - private partnership( PPP) projects, EconomicAffairs SecretaryShaktikanta Dastold Business Standard on Monday.
In an exclusive interaction, Dasalso said the government has a strong case to maket oglobal ratings agencies for an upgrade and that a Monetary Policy Committee would be set up in the first half of FY17. Finance Minister Arun Jaitley had announced a number of planned legislative measures in his 2016- 17 Budget speech, including acomprehensive code for resolution of distress in financial firms and a Public Utility ( Resolution of Disputes) Bill to deal with PPP disputes.
Business Standard New Delhi,17th May 2016

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