"Pay Rs 12,500 and get Rs 4 crores 62 lakhs in return!" - Well, some things are just too good to be true. Fraudsters impersonate Government organisations to dupe people of money.
The meeting deliberated on the various mandates of the FSDC, viz., Financial Stability, Financial Sector Development, Inter-regulatory Coordination, Financial Literacy, Financial Inclusion, and Macro prudential supervision of the economy etc.
The Indian delegation included Governor RBI, Chairman SEBI, Chairman IFSCA, Secretary Economic Affairs and others. The Dialogue, inter alia, covered discussions on economic cooperation on multilateral issues, including G20 and COP26.
Under the Atal Pension Yojana, a guaranteed pension scheme of GoI and administered by PFRDA, more than 28 lakh new APY accounts have been opened during the current FY 2021-22. Overall, enrolments under APY has crossed 3.30 crore as on 25th August 2021.
FM said that the second wave of COVID-19 pandemic sharply brought the need to focus and strengthen our medical and healthcare infrastructure so that we emerge stronger from any such healthcare crisis.
GoI has received Rs. 6,83,297 crore upto July, 2021 comprising Rs. 5,29,189 crore Tax Revenue, Rs. 1,39,960 crore of Non Tax Revenue and Rs. 14,148 crore of Non Debt Capital Receipts. Total Expenditure incurred is Rs. 10,04,440 crore.
Ministry of Finance has on Monday released an amount of Rs. 13,385.70 crore to 25 States for providing grants to the Rural Local Bodies. This Grant-in-aid is the 1st installment of Tied grants of the year 2021-22.
PMJDY Accounts have grown three-fold from 14.72 Crore in Mar’15 to 43.04 Crore as on 18-08-2021.55% Jan-Dhan account holders are women and 67% Jan Dhan accounts are in rural and semi-urban areas.
On a review of the framework and keeping in view stakeholder feedback, it has been decided to extend the scope of tokenisation to include consumer devices – laptops, desktops, wearables (wrist watches, bands, etc.), Internet of Things (IoT) devices, etc.
FM emphasised on the importance of Government and Industry working together to ‘create India’s own equity capital’. She also emphasised on identifying how the sunrise sectors and start-ups can contribute to the future of India.