Indian Stamp Bill, 2023

Indian Stamp Bill, 2023 Context: The Department of Revenue, Ministry of Finance, under the Government of India, is seeking public input on the draft ‘Indian Stamp Bill, 2023’ within a 30-day period. Relevance: GS-02 (Government policies and interventions) Background: In a bid to modernize the […]

MPLADS e-SAKSHI Mobile Application Launch

MPLADS e-SAKSHI Mobile Application Launch Context: The MPLADS e-SAKSHI Mobile Application has been introduced, marking a significant development in the fund flow procedure under the Member of Parliament Local Area Development Scheme (MPLADS). Relevance: GS-02 (Government schemes) Main Highlights: The MPLADS Scheme is designed to […]

RBI’s guidelines on State “guarantees”

RBI’s guidelines on State “guarantees” Context: The Reserve Bank of India (RBI) working group, recently, proposed recommendations to address concerns related to guarantees provided by State governments. The suggestions focus on defining guarantees, determining associated risks, limiting issuance, and enhancing disclosure practices. Relevance: GS-03 GS-02 […]