Cash in circulation (CIC) in the Indian economy has risen sharply since demonetisation. CIC, which was 10.7% of GDP in FY18 has risen to 14.5% in FY21. Five years after demonetisation, most fintechs remain loss-making and must spend millions more to acquire customers and merchants. But cash—anonymous, convenient and handy—is still preferred by the average Indian.
The scheme was implemented in January 2021, as a remission scheme on exports.
The Lancet study shows 1.3 million women’s lives could be saved if just four risk factors – tobacco, alcohol, obesity, and infections – were addressed
The borrowing plan for the second half of the fiscal year will include the issuance of sovereign green bonds worth ₹20,000 crore.
The deadline also extended for submission of PAN, nomination, and KYC details by physical security holders
The scheme was implemented in January 2021, as a remission scheme on exports.
The Lancet study shows 1.3 million women’s lives could be saved if just four risk factors – tobacco, alcohol, obesity, and infections – were addressed
The borrowing plan for the second half of the fiscal year will include the issuance of sovereign green bonds worth ₹20,000 crore.
The deadline also extended for submission of PAN, nomination, and KYC details by physical security holders
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