After corporate tax, focus now on addressing debt crisis

The tax bonanza that has been given by the government to the corporate world will definitely lift the sentiment. However, CNBC-TV18's 'Big Deal' this week focuses on another important measure, which is — how to address the debt crises of companies?

The Reserve Bank of India (RBI) has released a consultation paper on the secondary debt market, which may give an impetus to foreign funds eyeing distressed assets in the country.