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Centre likely to introduce bill to ban private cryptocurrencies, create official digital currency - It is to be noted that the government is considering the introduction of a bill to set up a development finance institution (DFI) in India as well.
The Centre has lined up an intensive legislative agenda with over 20 bills for the Budget Session of Parliament which began on January 29. A major portion of the legislative agenda would include introduction and passage of several economic bills that aim at carrying the reform agenda of the government. Among the bills lined up for consideration during the Budget session of Parliament include legislation's covering delicensing of country's electricity distribution sector, amendments to Competition Commission of India and PFRDA legislations, creation of new development financial institution,...