The government is preparing a draft Bill for the establishment of the National Financial Information Registry (NFIR), which will serve as a central repository of financial and ancillary information. The objective is to provide lending agencies with the right credit-related information. Economic Affairs Secretary Ajay Seth stated that the draft Bill is almost ready and may be introduced in the July session.
Talking about India s digital infrastructure in general and UPI payment in particular, Seth said that the world is now recognizing the model and many countries after Singapore, including UAE and US are now asking the government to connect to their digital payment system.
The GDP numbers for the second quarter are scheduled to be released on Thursday. The economy grew at 7.8 per cent in the first quarter (April-June) of the current financial year. The Budget 2023-24 proposes to bring down the fiscal deficit to 5.9 per cent of the GDP from 6.4 per cent in the previous financial year.
CEA Nageswaran urged the IMF and World Bank to continue their cooperation and collaboration with G20 institutions to augment financial inclusion by using innovative methods and technologies, including DPI.
slogan with respect to the cartels of hugs, not bullets. that s not working out too well for him. neil: i think what they are referring what you said to the mexicans, they are eating out of a cat food can and tents. that got too cold. what i said what i proposed to the head of the dea is that xi and the president call the president of mexico and ask if the american military and the american law enforcement can come in to mexico under the supervision of the mexican military and the mexican law enforcement and let us work together to eradicate the cartels. because we know who they are. we know where they are. and i suggested to the dea secretary that we use america s