Continuing the #DigitalPayment revolution in the country, #UPI crossed 7000 crore transactions till October 2023 (FY 2023-24).
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#FinMinReview2023
Amendment in Companies Rules 2016 ensures a faster process to complete the merger.
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#FinMinReview2023
#MCAReview2023
Department of Expenditure approved Scheme for Special Assistance to incentivise States for #CapitalInvestment and #CapitalExpenditure in eight areas for FY2023-24. (1/2)
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Direct Benefit Transfer #DBT through Public Financial Management System #PFMS supports #DigitalIndia by enabling electronic payment and receipt for Ministries/Departments in both Centre and States.
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Scheduled Commercial Banks #SCBs have recorded gross NPA ratio reducing to 3.87% as on March 2023 from 9.07% as on March 2019.
#PerformanceofSCBs
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#FinMinReview2023
Atal Pension Yojana #APY ensures a worry-free retirement with benefits of financial security along with guaranteed #pension .
#AtalPensionYojana
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#FinMinReview2023
The 15th Finance Commission (XV-FC) has recommended grants-in-aid of Rs. 1,79,140 crore to the State Governments under various heads for the year 2023-24.
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In FY2023-24, 1,53,818 Limited Liability Partnerships #LLPs are incorporated as on 21st November 2023.
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#MCAReview2023
Companies (Incorporation) rules 2014, amendment provides certain relaxations to companies if certain conditions have been fulfilled.
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#FinMinReview2023
#MCAReview2023
The success of the #StandUpIndia scheme in promoting entrepreneurship is reflected in terms of extending loans of over ₹47,000 crore to SC, ST, and Women entrepreneurs.
#ViksitBharat
#FinMinReview2023
In a major financial sector reform, Prime Minister Shri Narendra Modi launched NSE IFSC-SGX Connect on July 29, 2022 at the International Financial Service Centre (IFSC) in GIFT City, in Gujarat’s #Gandhinagar .
#ViksitBharat #FinMinReview2023
Pradhan Mantri Jeevan Jyoti Bima Yojana #PMJJBY provided security to more than 18 crore beneficiaries and their loved ones from uncertainty of life with insurance coverage of ₹2 Lakh.
#JanSuraksha
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#FinMinReview2023
With three states already onboarded 7 more in the pipeline, Single Nodal Account #SNASPARSH aims to facilitate more effective cash management.
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IREDA successfully listed on the stock exchanges on 29th November 2023 with Government realising Rs. 858.36 crore as disinvestment receipt
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#FinMinReview2023
The Companies (Indian Accounting Standards) Amendment Rules, 2023, aim to enhance financial reporting, transparency, and alignment with international standards.
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#MCAReview2023
Pradhan Mantri Jan Dhan Yojana #PMJDY remains the driving factor behind the #empowerment of countless unbanked citizens with around 51 crore beneficiaries benefiting from this scheme so far.
#FinancialInclusion
#JanDhan
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#FinMinReview2023
Pradhan Mantri Mudra Yojana #PMMY is helping aspiring #entrepreneurs to flourish and thrive with more than 44 crore loan accounts opened and more than ₹26.12 lakh crore sanctioned amount as on 24.11.2023.
#MUDRAYojana
#FinancialInclusion
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#FinMinReview2023
Central Pension Accounting Office #CPAO continues to redress grievances of Central Government Civil Pensioners through online and offline case hearings, #DIRGHAYU mobile app and an escalation matrix for faster resolution.
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With introduction of Straight-through Processing #STP , automation in end-to-end processing of transactions is yet another step towards facilitating Ease of Doing Business.
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#MCAReview2023
As part of financial sector reforms:
- World Class Foreign University and Institutions are now allowed in the GIFT City to offer international courses
- EGR allowed for an efficient, electronic and transparent platform for bullion trading
#ViksitBharat #FinMinReview2023
