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.

Nishchal Joshuipura of Nishith Desai Associates, Bhavin Shah of PWC, and Ashish Khandelia of Certus Capital discuss the same.