Government securities auction re-issue permits non-competitive bids, multiple-price allotment and eligibility for when-issued trading via electronic submission.
Re-issue auctions for specified Government securities will be conducted using the multiple price method via the central bank's electronic Core Banking Solution; competitive and non competitive bids must be submitted in prescribed windows, up to five percent of notified amounts are reserved for eligible non competitive bidders, the Government may retain additional subscriptions, results and allotment will be announced on the auction date, payment follows on the designated settlement date, and the securities are eligible for when issued trading per central bank guidelines.

Government securities auction: multiple issues offered via yield and price based auctions with specified bidding windows and allocation rules.
The Government announced auctions of several central government securities via yield-based and price-based methods, to be conducted by the Reserve Bank using the multiple price method; the Government may retain additional subscriptions. Up to a prescribed percentage of each notified amount is reserved for eligible individuals and institutions under the Non-Competitive Bidding Facility. Competitive and non-competitive electronic bids must be submitted on the E-Kuber system during specified windows on the auction date; results are announced the same day and payment follows on the scheduled settlement date. The securities are eligible for When Issued trading per RBI guidelines.

Electoral Bond Scheme: authorised bank branches to issue and encash bonds subject to purchaser and recipient eligibility and MCC compliance.
Electoral Bonds are purchasable by Indian citizens or India incorporated entities and may be bought singly or jointly; only Political Parties meeting Section 29A registration and the one percent vote threshold may receive and encash bonds, which must be encashed through an Authorised Bank account and are credited the same day. Bonds expire after fifteen calendar days from issue, and the Election Commission's conditional no objection requires no public references by political functionaries in polling constituencies and strict observance of MCC provisions. SBI was authorised to issue and encash bonds through twenty nine designated branches for the sale phase.

Financial sector regulation: emphasis on strengthening supervision, harmonising bank NBFC rules and fostering safe fintech innovation.
Regulatory emphasis is on strengthening supervision, harmonising standards across banks, NBFCs and UCBs, and enhancing governance, capital and liquidity buffers to absorb real-sector shocks. Measures include unified supervisory oversight, revised frameworks for Core Investment Companies and Housing Finance Companies, targeted liquidity support, harmonised exposure and risk-weight norms, and scale-based regulation for NBFCs. Parallel priorities are fostering safe FinTech innovation via regulatory sandboxes and an Innovation Hub, expanding interoperable payment infrastructure, and cautiously exploring a Central Bank Digital Currency while reinforcing cyber resilience, data protection and customer safeguards.

Infrastructure financing reforms to catalyse investment and boost domestic demand through monetisation and a new development finance institution.
Measures to boost domestic demand combine Atma Nirbhar Bharat and Production Linked Incentives with institutional and financing reforms: a National Infrastructure Pipeline of investible projects; equity support to the NIIF infrastructure debt platform; Cabinet approval for a Development Finance Institution (DFI) capitalised from the Budget to enable long term infrastructure financing; a National Monetization Pipeline for brownfield assets; and an updated Viability Gap Funding (VGF) scheme to support PPPs. Complementary steps include an interest free long term loan to states, employee consumption stimulus schemes, and targeted Budget Estimate adjustments for rural and sectoral programmes.

No frills cost and differentiation strategy to boost digital services competitiveness and invite global engagement for technology and trade.
India's strategy focuses on strengthening services competitiveness via cost leadership and differentiation, expanding services exports, and building digital infrastructure and cyber security to support international engagement. The policy couples a program of reforms in banking, financial sector, mining, agriculture and labour laws with measures to attract hi tech investment, upgrade skills and scale manufacturing and testing capacity to convert pandemic adjustments into sustained digital and export growth.

Market infrastructure regulations expand shareholding flexibility and governance while strengthening risk management for IFSC institutions.
The Authority adopted Market Infrastructure Institutions Regulations to permit flexible shareholding, enhanced governance, and strengthened risk management for MIIs in the IFSC, aligned with global standards. It approved draft Finance Company Regulations allowing non bank units as branches or local entities subject to FATF jurisdictional, capital and due diligence requirements, with activity based prudential and capital treatment. Banking unit permitted activities were expanded to include portfolio management and investment advisory services, and a fee structure for MIIs, intermediaries and international banking units in the IFSC was approved.

Government securities auction: re-issue with competitive and non-competitive bidding and reserved quota for individual investors.
Re-issue auctions of three Government Securities are announced with notified amounts and a government option to retain additional subscription up to a stated cap per security. Auctions will use the multiple price method and allot up to 5% to eligible bidders under the Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically on the E-Kuber system within prescribed windows; auction results and payment dates are specified. The securities are eligible for When Issued trading under RBI guidelines.

EV financing solutions mobilise capital and lower borrowing costs to scale electric vehicle adoption and infrastructure.
The report identifies finance as a central barrier to India's EV transition and proposes a ten-point toolkit to mobilise public and private capital, lower borrowing costs, improve loan availability, and enhance EV bankability. Principal measures include priority-sector lending, interest-rate subvention, OEM-financial institution partnerships with product guarantees, development of a formal secondary market to support resale values, and complementary steps such as digital lending, business model innovation, fleet electrification targets, and an open data repository to support underwriting and asset valuation.

Government securities auction re-issue: price-based multiple-price sale with non-competitive bidding and electronic E Kuber submission and payment schedule.
Re-issue auctions of multiple Central Government securities will be conducted by the Reserve Bank of India using the multiple price method, with the Government retaining an option to accept additional subscriptions. Up to five percent of each notified amount is reserved for the Non Competitive Bidding Facility for eligible individuals and institutions. Competitive and non competitive bids must be submitted electronically on E Kuber within prescribed time windows on the auction date; results and payment/settlement dates are set out in the auction notice. The securities are eligible for When Issued trading under RBI guidelines.

Unallocated bullion accounts enabled in IFSC for trading, hedging and derivatives under a regulated risk and disclosure framework.
Banking Units in the IFSC are permitted to open and operate Unallocated Accounts for trading, hedging, swapping and participation in derivatives in Gold and Silver under the International Financial Services Centres Authority (Banking) Regulations, 2020; such activities by BUs and customer account openings are allowed subject to a Risk Management Framework and required Disclosures governing dealings in physical gold and silver.

Auction of government securities: price-based multiple-price sale with competitive and non-competitive bidding and when-issued trading eligibility.
Auction for re-issue of central government securities will be conducted by the Reserve Bank of India using a price-based multiple price method with competitive and non-competitive bids submitted electronically on the E-Kuber platform within prescribed windows; the issuer may retain additional subscription against each security and up to five percent of each notified amount is reserved for eligible individuals and institutions under the Scheme for Non-Competitive Bidding Facility, and the securities are eligible for when-issued trading under the Reserve Bank's guidelines.

Sovereign Gold Bond digital payment discount: online applications with digital payment receive a reduced issue price during subscription.
Sovereign Gold Bond Scheme 2020-21 (Series XII) fixes the issue price for the March subscription and provides a conditional digital payment discount for investors who both apply online and make payment through digital modes; the discount is available only for purchases completed during the specified subscription period and follows Government of India consultation with the Reserve Bank of India.

Central government receipts and spending: tax, non tax and capital receipts and revenue versus capital expenditures tracked.
The Union Government's monthly accounts to January 2021 detail central receipts dominated by Tax Revenue (Net), supplemented by Non Tax Revenue and Non Debt Capital Receipts (loan recoveries and disinvestment), with a significant portion transferred to States as Devolution of Share of Taxes. Total Expenditure is categorised into Revenue and Capital Expenditure, with interest payments and major subsidies as major components of Revenue Expenditure, indicating the composition and pace of budget execution for the financial year.

Government banking access: private banks may now be authorised to handle government transactions, broadening authorised banking participation.
The embargo has been lifted so private sector banks may be authorised by the Reserve Bank of India to conduct Government-related banking transactions, including taxes, revenue receipts, pension payments, small savings schemes and Government agency business; the Government has communicated its decision to the RBI and there is no longer a bar on RBI granting such authorisations to private banks.

Accommodative stance maintained; policy repo rate unchanged to support recovery while keeping inflation within target.
The Monetary Policy Committee unanimously decided to keep the policy repo rate unchanged and to maintain an accommodative stance to support a durable growth revival and mitigate COVID 19 impacts while ensuring inflation remains within the target, citing a recovering economy, large surplus liquidity, moderation in headline CPI driven by food disinflation, persistent core inflation risks, and upside pressures from commodity and crude oil prices that warrant close monitoring.

Credit derivatives directions invite stakeholder feedback from banks and market participants, prescribing comment submission procedure to RBI.
The Reserve Bank of India has issued the Draft Reserve Bank of India (Credit Derivatives) Directions, 2021 under Section 45W to implement a revised regulatory framework for credit derivatives and invites comments from banks, market participants and other interested parties, directing submission of feedback to the Chief General Manager, Financial Markets Regulation Department, at the Central Office address or by email with the specified subject line and within the stated deadline.

Government securities auction: mixed price- and yield-based sale with non-competitive allocation and when-issued trading eligibility.
Sale and re-issue of four central government securities will be conducted by the central bank on a specified date using the multiple price method: three securities via price-based auctions and one via a yield-based auction, with an option for the issuer to retain additional subscription against each. Up to five percent of each notified amount is reserved for eligible individuals and institutions under a non-competitive bidding facility; bids must be submitted electronically on the central bank's auction platform within prescribed time windows, and the securities qualify for when issued trading under central bank guidelines.

Company incorporation increase supported by MCA COVID relief measures easing filings, meetings, and compliance to facilitate registrations.
Company incorporations rose about 21% in April-December 2020 versus the same period in 2019, accompanied by MCA reliefs that eased filings and governance obligations. Key measures included the Companies Fresh Start Scheme, 2020 allowing belated filings without extra fees and immunity from prosecutions, condonation and filing deadline extensions for charge and restoration forms, deferral of Companies (Auditor's Report) Order applicability, relaxations for Board/EGM/AGM conduct via video conferencing with e voting, extended timelines for deposit and debenture investment requirements, waiver of certain residency and independent director meeting requirements, and classification of CAPF/CPMF related expenditure as CSR.

Kisan Credit Card expansion increases farmer access to timely agricultural credit and simplified ATM-enabled features nationwide.
A nationwide drive since February 2020 resulted in sanction of 187.03 lakh Kisan Credit Cards up to 29 January 2021 to provide eligible farmers timely credit for agricultural inputs. The Kisan Credit Card Scheme, simplified since 2012, features ATM enabled debit cards, one time documentation, built in cost escalation in limits and unlimited withdrawals within sanctioned limits, with issuance data reported by RBI and NABARD in annexures.