Union Government receipts and expenditure: fiscal composition, tax devolution, and revenue versus capital outlays for 2020-21.
Consolidated monthly accounts to September 2020 present Union Government receipts by tax revenue, non tax revenue, and non debt capital receipts, and record transfers to states as devolution of share of taxes. Total expenditure is reported by revenue (including interest payments and major subsidies) and capital accounts, with performance measured against corresponding budget estimates.

Government securities auction: multiple dated stocks offered with competitive and non competitive bidding and E Kuber submission for settlement.
Announcement of auctions for Central Government securities to be conducted by the Reserve Bank of India using the multiple price method. Specified notified amounts will be offered through yield based or price based auctions with an option to retain additional subscriptions. Up to five percent of each issue is reserved for eligible individuals and institutions under the Scheme for Non Competitive Bidding Facility. Competitive and non competitive bids must be submitted electronically via the E Kuber system within prescribed time windows, and the stocks will be eligible for When Issued trading under RBI guidelines.

International insurance market access expanded: IFSC insurers may sell cross-border life, health and travel covers with flexible premium currencies.
The report recommends authorising IFSC insurers to sell life, health and non-life products to NRIs/PIOs and their family members in India and abroad, permit premiums in a currency of choice including INR, allow portable life policies with currency-flexibility on return to India, enable residents to buy overseas health cover from IFSC entities, and permit travel and personal cover for non-residents. It also urges promoting the IFSC as a Reinsurance Hub and aviation insurance centre, encouraging reinsurers and brokers to base operations there, allowing insurer subsidiaries in IFSC, and lowering capital requirements for Indian investors to establish direct and reinsurance companies abroad.

Regulatory sandbox allows fintech firms limited live testing under tailored regulatory relaxations with investor safeguards.
IFSCA has established a Regulatory Sandbox to permit eligible entities to conduct limited purpose live testing of FinTech solutions within the IFSC at GIFT City; applicants from regulated or unregulated entities, individuals and startups from India and FATF compliant jurisdictions may apply, and IFSCA will assess proposals and grant targeted regulatory relaxations subject to investor protection and risk mitigation safeguards, with operational details and eligibility set out in a circular.

Government securities auction: re-issues announced with price-based bidding and non-competitive allocation permitted under RBI procedures.
Re-issues of four Central Government securities are announced for price-based auction to be conducted by the Reserve Bank of India using the multiple price method through the E-Kuber system. The Government may retain additional subscriptions. Up to five per cent of each notified amount is reserved for eligible individuals and institutions under the Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically within prescribed windows on the auction day; auction results and payment dates are scheduled. The re-issued stocks are eligible for "When Issued" trading per RBI guidelines.

Electoral Bonds sale and encashment limited to eligible purchasers and registered political parties, subject to model code compliance.
Sale and encashment of Electoral Bonds are limited to eligible purchasers (Indian citizens or entities) and eligible Political Parties registered under the Representation of the People Act meeting the Scheme's vote threshold. Bonds must be issued and encashed only through an Authorized Bank branch into the party's bank account, credited same day; bonds are valid only for the prescribed validity period and will not be paid if deposited after expiry. The Election Commission's No Objection is subject to Model Code of Conduct restrictions on public references and strict compliance with the Code.

Designated FCRA Account requirement: foreign contributions must be received only in the specified SBI New Delhi branch account.
Amended Section 17 requires that registered persons receive foreign contribution only in a designated FCRA Account opened in the Central Government-specified NDMB branch of SBI. Existing registrants must open the NDMB FCRA Account within the transitional period; fresh applicants must open the NDMB account before receiving any foreign contribution if registration or permission is later granted. No funds other than foreign contribution may be deposited in such accounts, and transfers to linked FCRA or utilization accounts are permitted without transfer charges by NDMB.

Government securities re-issue auction through price-based bidding: allotment rules, non-competitive facility and E-Kuber timelines.
Announcement of re-issues of three Central Government securities via price-based auctions, with notified amounts and a government option to retain additional subscription for each security. Auctions use the multiple price method, conducted by the Reserve Bank of India, with competitive and non-competitive bids to be submitted electronically through E-Kuber within prescribed time windows. Up to a designated portion of each notified amount is reserved for eligible individuals and institutions under the Non-Competitive Bidding Facility. Results, payment dates, and eligibility for "When Issued" trading are specified.

Sovereign Gold Bond pricing: discounted issue price for subscribers using online application and digital payment methods.
Issue price and subscription terms for the Sovereign Gold Bond 2020-21 (Series VII) prescribe an announced issue price per gram for the subscription period and settlement date, and permit a per-gram discount for investors who apply online and pay by digital modes, with the notification and RBI publication setting the operative pricing and procedural modality for subscription and settlement.

Fiscal forbearance norms urged to guide pandemic spending while preserving pathways back to sustainable fiscal rules.
Fiscal forbearance must be prioritised during systemic health shocks, with norms allowing reprioritisation of spending for health, skills and infrastructure and acceptance of the fiscal shock, while medium term frameworks incorporate escape clauses, automatic correction mechanisms and multiple fiscal indicators. The address stresses the three pillars of fiscal architecture-fiscal rules, financial management processes, and fiscal institutions-and calls for transparent disclosure of contingent liabilities, country specific debt anchors, and reinvigorated independent fiscal institutions to enable a credible path back to fiscal rectitude.

Government securities re-issue auction: price-based sale via RBI e-Kuber with competitive and non-competitive bidding.
The Government announced re-issue auctions of several Central Government securities to be conducted by the Reserve Bank of India using the multiple price method through the E-Kuber system. The GoI may retain additional subscription above notified amounts and will reserve up to five percent of each notified amount for eligible individuals and institutions under the Scheme for Non-Competitive Bidding. Non-competitive and competitive bids must be submitted electronically in specified windows on the auction day, and the stocks will be eligible for When Issued trading under RBI guidelines.

Government securities auction re-issues via price-based multiple-price method with non-competitive bidding and when-issued trading eligibility.
Re-issuance auctions for four Central Government securities will use a price-based multiple-price method; the issuer may accept additional subscriptions up to a notified limit for each security. Up to 5% of each notified amount is reserved for eligible individuals and institutions under the Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically on the designated core banking auction system within specified time windows. Auction results and payment/settlement dates are pre-set. The stocks are eligible for When Issued trading under applicable central bank guidelines.

Uniform training programme for public sector bank officers strengthens preventive vigilance and procedural compliance in induction and mid-level training.
Launch of a Uniform Training Programme for induction and mid-level Public Sector Bank officers, with a dedicated preventive vigilance module and curriculum designed with vigilance authorities and bank management to standardise training, strengthen procedural understanding, reduce errors leading to vigilance proceedings, and build skills in product knowledge, emerging technologies, ethics and leadership.