Subsidy and refinance support under national solar mission enables concessional credit via NABARD for solar home lights and water heaters.
NABARD functions as the implementing agency for release of subsidy and refinance support under the Jawaharlal Nehru National Solar Mission for Solar Home Lights and Solar Water Heaters, channeling central subsidy and providing concessional refinance to banks and allocating funds through its Rural Innovation Fund to support rural solar projects.

Market access restraint imposed after suspicious coordinated trading causing mid cap price manipulation, pending investigation to protect investors.
SEBI issued an ad interim ex parte order restraining nineteen entities from accessing the securities market and from buying, selling or dealing in securities pending detailed investigation, after preliminary findings showed related entities trading substantially in certain mid cap stocks with KYC income not commensurate with trading patterns and placing large disclosed sell orders materially below the Last Traded Price, thereby contributing to price declines; the interim order was taken to protect investors and market integrity.

Education loan sanction timelines: model scheme requires prompt disposal and banks reported corrective action on complaints.
Public Sector Banks reported receipt of 5,199 education-loan complaints in 2011-12, disposing of 5,190 and leaving nine pending; banks take up complaints for corrective measures upon receipt. The Indian Banks' Association Model Educational Loan Scheme directs that educational loan applications be disposed of, in the normal course, within fifteen days to one month, establishing an expected processing timeline for sanction of education loans.

Priority sector lending requirement: banks must earmark a mandated share of credit for weaker sections and increase minority lending.
Priority Sector Lending rules require scheduled commercial banks to allocate a prescribed portion of Adjusted Net Bank Credit or credit equivalents of off balance sheet exposures to weaker sections; public sector banks have been advised to step up Minority Community Lending and RBI's Master Circular directs special monitoring of credit flow to minorities. RBI's provisional data as of the last reporting Friday of March 2012 tabulates each public sector bank's percentage of ANBC/CEOBE achieved for weaker sections, provided in a Lok Sabha written reply.

Social security insurance schemes covering rural and urban poor, administered by LIC, with state-wise premium and claims reporting.
The Central Government operates two social security insurance schemes-Aam Aadmi Bima Yojana and Janashree Bima Yojana-administered by the Life Insurance Corporation of India to cover rural and urban poor across identified occupational groups; Janashree Bima Yojana enrolment and State-wise premium and claim settlement data have been compiled, and LIC and States are encouraged to extend coverage.

Corporate debt restructuring mechanism tightened to bolster prudential norms and creditor coordination in restructuring cases.
The Corporate Debt Restructuring (CDR) mechanism employs a three tier governance structure-Standing Forum and Core Group, Empowered Group, and CDR Cell-to ensure timely, transparent restructuring of viable corporate borrowers under RBI prudential norms on income recognition, asset classification and provisioning. An RBI Working Group has reviewed these prudential guidelines and recommended tightening certain norms to strengthen supervisory standards, clarify procedural eligibility for restructuring and improve creditor coordination and disclosure.

Regulatory relaxation for NBFC MFIs narrows qualifying assets and caps interest margins to support lending recovery.
The Reserve Bank narrowed qualifying assets to loans originated on or after 1 January 2012, removed the 26 percent loan cap, and required NBFC MFIs to cap average lending rates at their average borrowing cost plus a margin (capped at 10 percent for larger MFIs and 12 percent for others), measures aimed at restoring operational flexibility amid rising NPAs and funding stress.

Subsidy and refinance under national solar mission continue via a rural development bank, with concessional interest and innovation funding.
National rural development bank acts as implementing agency for release of subsidies and concessional refinance for Solar Home Lights and Solar Water Heaters under the National Solar Mission, channels subsidy payments and refinance to banks at a concessional interest rate, and provides funds through a Rural Innovation Fund to support solar projects; these administrative disbursements were reported in response to a parliamentary question.

Concessional financing for clean-technology MSME innovation under Indo-German cooperation enables targeted loans and technical support.
KfW will provide concessional loan and technical assistance totalling EUR 54 million to SIDBI to finance MSMEs for developing and diffusing innovative clean technologies, targeting energy efficiency, renewable energy, waste management, pollution control and related sectors through concessional credit paired with technical support.

Government securities auction: uniform-price sale permitting competitive and noncompetitive bids with reserved allocation for eligible investors.
Announcement of a re issue auction of multiple Central Government securities using the uniform price auction method, permitting both competitive and non competitive electronic bids on the Negotiated Dealing System with specified bid submission windows and up to five percent reserved for eligible individuals and institutions under the Scheme for Non Competitive Bidding Facility; auctions administered by the Reserve Bank of India with announced results and a specified settlement date, and the stocks eligible for When Issued trading under RBI guidelines.

General anti-avoidance rules expansion: scope widened to all non-resident taxpayers, triggering broader review and public consultation.
An Expert Committee on General Anti-Avoidance Rules chaired by Dr. Parthasarathi Shome has placed its draft report in the public domain for stakeholder suggestions, and the Government has expanded the Committee's Terms of Reference from a focus on Foreign Institutional Investors to include all non-resident taxpayers for review of taxation of transfers of assets with Indian situs.

General anti-avoidance rule draft invites public consultation, proposing statutory amendments and guidance to clarify scope and administration under tax law.
The Expert Committee on GAAR has submitted a draft report recommending amendments to the Income-tax Act, guidelines under the Income-tax Rules, and a clarificatory circular with illustrations, together with administrative measures for GAAR implementation; the draft has been published for stakeholder and public consultation with comments invited by a specified deadline through identified submission channels.

Advance Pricing Agreement provides transfer pricing certainty and reduces double taxation risk through pre-agreed arm's length pricing.
The APA scheme implements agreements that determine in advance the arm's length price or its method for international transactions, binding the parties to the agreed price for the APA term. The process is voluntary, offers unilateral, bilateral and multilateral options, requires pre-filing consultation and formal application to the designated competent authority with prescribed fees, and includes provisions for annual compliance reporting, cancellation and revision of APAs.

Tariff value notification updates import valuation for palmolein, brass scrap, poppy seeds, gold and silver.
The Central Board of Excise and Customs issued a notification revising tariff value entries for specified imported commodities, setting import valuation benchmarks for customs duty assessment. The notification lists commodity-level tariff values for palm oil products, brass scrap (all grades), poppy seeds and related oils, indicating which items are unchanged and which are adjusted, and separately specifies unit valuation bases for gold and silver where concessional entry benefits apply.

Accelerate investments: government urges swift decisions to remove bottlenecks after slowdown in fixed investment and support manufacturing recovery.
The Finance Ministry reports Q1 real GDP growth at 5.5 per cent, notes a prolonged quarterly deceleration trend, and identifies a sharp decline in fixed investment as a key concern. The Ministry emphasizes the need to accelerate investments and to remove investment bottlenecks-especially in manufacturing-while acknowledging strong construction sector growth and urging rapid policy action to stimulate investment.

Restriction on SMS transmission lifted, restoring unrestricted mobile messaging while maintaining measures against objectionable content circulation.
The Government revoked prior limits on the number of SMS messages individual mobile users could send, imposed to curb circulation of objectionable content; the revocation took immediate effect, restoring normal SMS transmission while retaining the objective of preventing dissemination of objectionable material.

Electronic payment access: government expands ATMs, PoS and free NEFT to extend banking inclusion nationwide.
Government and public sector banks are expanding ATMs and Point of Sale terminals, focusing on rural and semi urban areas, while reducing ATM interchange charges, issuing debit cards to all customers, and advising PSBs to make NEFT transactions up to a specified upper limit free of charge to promote financial inclusion under the Swabhimaan campaign.

Priority sector lending targets expand agricultural credit through mandated bank quotas and interest subvention support.
Mandated lending quotas require banks to direct a prescribed share of adjusted net bank credit to the priority sector with a specific sub-target for agriculture, supplemented by government-set agriculture credit flow targets. Complementary measures include the Interest Subvention Scheme for short-term crop loans with additional prompt-pay incentives, waiver of margin/security for small agricultural loans, issuance of Kisan Credit Cards and General Credit Cards to expand access, and an Agricultural Debt Waiver Scheme to relieve legacy indebtedness and restore farmers' eligibility for fresh loans.

Service tax exemptions expanded and consolidated under the mega exemption framework to cover additional specified services.
The government expanded and consolidated service tax exemptions to cover additional specified services-including inland waterway goods transport, cinematography copyright receipts, vocational training by institutes affiliated to the National Skill Development Corporation, bus hire to state transport authorities, erection and commissioning of water supply works, internet advertisement space sales, hoardings, specified intermediary services, transportation of import cargo and certain insurance schemes-bringing these items into the existing mega exemption notification to streamline the exemption framework.

Exchange of supervisory information enables cross-border banking supervision and referral to FIU for PMLA enforcement.
The MoU establishes a formal framework for exchange of supervisory information, cooperation on on-site examinations, crisis management and confidentiality, and provides that RBI will share FATF-related information with the Financial Intelligence Unit-India for necessary action under the Prevention of Money Laundering Act, 2002.