Directorate of Currency established to oversee currency security, procurement reforms and indigenization of banknote production capacity.
A Directorate of Currency has been created in the Ministry of Finance to coordinate currency policy and operations; an eight-stage acquisition process for banknote security features has been initiated and procurement manuals of BRBNMPL and SPMCIL revised. Measures to indigenize banknote paper and security ink production-including new paper production lines and modernization of the Dewas Ink Factory-have been taken. A nodal FCORD cell was set up for intelligence sharing on forged/counterfeit currency, and demand-supply review continues in coordination with the Reserve Bank and security agencies.

Basel III capital regulations: phased implementation to strengthen bank capital adequacy, concluding with full applicability by the final phase.
Adoption of Basel III Capital Regulations requires scheduled commercial banks to implement strengthened capital standards through a staged phase-in. The guidelines mandate progressive recognition of capital components and specified deductions from Common Equity, with capital ratios and Common Equity deductions to be fully phased-in and implemented by the final compliance date specified by the regulator.

Educational loan eligibility emphasises entrance based admission and assessment tied to employability and earning potential for Indian nationals.
A model educational loan scheme circulated by the India Banks' Association allows member banks to adopt or modify it; eligibility covers Indian nationals admitted to professional or technical courses in India or abroad through entrance or merit selection. Loan assessment is to be based on post qualification prospects, emphasizing employability and earning potential to inform banks' credit appraisal and sanctioning decisions.

Public Sector Banks community development: banks support local welfare and training to promote self-employment and skills.
Public Sector Banks have undertaken community development initiatives in the North Eastern States, providing donations of medical and utility equipment, organizing health camps and blood donation drives, and establishing livelihood support through twenty Rural Self Employment Training Institutes. United Bank of India's Socio Economic Foundation Trust has provided financial assistance for regional development projects, and banks run training for beneficiaries of central government employment schemes to promote self-employment and skills.

Counterfeit currency controls coordinated multi-agency enforcement with empowered investigation and strengthened banknote security measures.
A multi-agency framework consolidates intelligence and enforcement against counterfeit currency and terror funding: FCORD coordinates analysis and information on circulation and smuggling; CBI is the nodal coordinating agency with states; DRI is the lead intelligence agency; and the National Investigation Agency, supported by a dedicated Terror Funding and Fake Currency Cell, is empowered to investigate and prosecute such offences. Complementary measures by the Reserve Bank of India include enhanced banknote security features and education for detection, while the Government is developing indigenous banknote paper production capacity through a new mill and augmentation of existing facilities.

Subsidy obligations rise sharply, driven by larger food, fertilizer and petroleum subsidies, per revised budget estimates disclosure.
Increase in central government subsidy payable is reported through a comparative sectoral breakdown showing marked rises in food, fertilizer and petroleum subsidies between the earlier actual year and the Revised Estimate year; the document presents component-wise figures and the aggregate total for the Revised Estimate year as a budgetary disclosure supplied in a parliamentary written reply.

Fiscal consolidation to reduce the fiscal deficit through expenditure reprioritization and increased revenue mobilization.
The Government committed to fiscal consolidation to reduce the fiscal deficit from 5.9% of GDP (RE 2011-12) to 5.1% of GDP (BE 2012-13) via expenditure restraint and enhanced revenue mobilization, supported by an amendment to the FRBM Act; strategy includes reprioritizing expenditure toward developmental outlays, curtailing non-developmental spending growth, and increasing gross tax revenue as a percentage of GDP.

Government securities auction uses uniform price method; non-competitive allotment permitted and bids submitted electronically on negotiated dealing system.
Re-issues of Central Government stocks will be sold via price-based auctions using the uniform price method, administered by the Reserve Bank of India. Both competitive and non-competitive bids are permitted, with up to five percent of each issue reserved for eligible individuals and institutions under the non-competitive bidding scheme. Bids must be submitted electronically on the Negotiated Dealing System within prescribed time windows, and auction results, payment and settlement will occur on the dates notified by the government and RBI.

Transparency and exchange of information: India bolsters treaties, laws and institutions to curb black money and evasion.
The White Paper treats black money as assets not reported to public authorities, arising either from illegal activity or from under reported legitimate income, and sets out a five pronged framework: international engagement for transparency and information exchange; strengthening tax and anti money laundering legislation including GAAR and benami laws; building institutional capacity across tax, customs, enforcement and intelligence agencies; deploying integrated data systems and reporting mechanisms; and enhancing skills for investigation and prosecution to prevent generation, detect evasion, and facilitate repatriation of illicit assets.

Financial inclusion advances via dedicated funds to extend services and subsidise technology for underserved rural populations.
NABARD supported Rural Entrepreneurship Development and Skill Development Programmes aim to create sustainable rural employment through training and enterprise promotion, while the Financial Inclusion Fund finances developmental and promotional activities targeting weaker sections and underserved regions and the Financial Inclusion Technology Fund subsidizes technology adoption to support financial inclusion.

Cross-holding among state enterprises permitted as a sanctioned investment avenue, enabling buybacks via Disinvestment Department.
CPSEs are authorized to invest surplus cash in shares of other CPSEs through the Department of Disinvestment alongside bank deposits and mutual funds; the Department may respond to CPSE buyback proposals to permit capital restructuring, while these measures are enabling and final decisions rest with the companies considering all aspects.

Interest subvention scheme expansion ensures subsidised short-term agricultural credit; KCC coverage and lender grievance redressal recommended.
The Task Force recommended expanding institutional credit through the Kisan Credit Card scheme to cover small and marginal farmers, tenants, sharecroppers and oral lessees, issuing General Credit Cards for non farmers, legislating on private moneylender loans, establishing district level grievance redressal accessible to lenders and farmers, and continuing the Interest Subvention Scheme for short term crop loans with additional subvention for prompt payees, with banks directed to issue KCCs under revised NABARD/RBI guidelines.

Cash handling charges: banks may levy reasonable fees for very large counter deposits while ensuring acceptance.
Banks must accept cash deposits over the counter from any customer and should not include terms restricting such deposits; banks may levy charges for very large cash deposits to cover counting and handling costs, and since September 1999 banks are permitted to fix service charges provided those charges are reasonable and in line with the average cost of the service.

New Pension System confirms contributory design; pension outcomes hinge on investment returns and annuitisation choices.
Implementation of the New Pension System for eligible Central Government employees establishes a contributory, accumulation-based framework distinct from the defined benefit scheme; pension outcomes depend on subscriber contributions, investment returns, accumulated corpus and annuitisation choices. The Government emphasises safeguards including flexible investment patterns, an interim pension fund regulator and a low-cost institutional architecture, and records stakeholder representations on minimum pension, safety and returns while stating there is no proposal to reconsider the NPS policy.

Smart-card cashless health insurance extends family floater cover to BPL households with shared government premium support.
Smart-card cashless health insurance provides an annual family-floater cover for eligible BPL households with the premium financed by Centre and State under a shared arrangement, administered by public and private insurers through entitlement smart cards enabling cashless inpatient care; the scheme's scope has been extended to specified occupational groups and is implemented at State/UT level with enrolment and card issuance as operative mechanisms.

Devolution of central funds maintained as recommended by finance commission, ensuring no state receives reduced transfers post-review.
The 13th Finance Commission recommended devolutions and transfers under Article 280 for its award period, proposing a substantially larger total transfer compared with the previous commission and stating that no State, including Andhra Pradesh, saw a reduction in recommended transfers; once accepted by the Government, Finance Commission recommendations are applied uniformly across States and not implemented differently.

No frills bank accounts for financial inclusion: directive requires banks to offer accessible low or zero balance accounts.
Reserve Bank directive requires scheduled commercial banks to offer basic no frills accounts with nil or very low minimum balances and minimal charges to promote financial inclusion. As reported to the legislature, the aggregated number of such accounts with public and private scheduled commercial banks (excluding regional rural banks) at end March 2012 was 1,032.06 lakh, evidencing regulatory focus on expanding basic account access and monitoring uptake.

Recapitalization of regional rural banks tied federal releases to state and sponsor contributions while lending expanded.
Recapitalization of Regional Rural Banks was recommended by a committee on Capital to Risk Weighted Assets Ratio, leading to targeted Central Government fund releases for selected weak RRBs that were conditional on proportionate contributions by the relevant State Governments and sponsor banks; NABARD-reported data concurrently indicated increased loan disbursements by RRBs.

Agricultural credit policy expands formal lending access and concessional short term finance with support mechanisms and credit cards.
The Government's agricultural credit policy combines mandated priority sector lending targets for banks with a dedicated agriculture sub target, annually fixed flow of credit goals, and institutional instruments such as Kisan Credit Cards and General Credit Cards. It includes the Interest Subvention Scheme for concessional short term crop loans with additional incentives for prompt payers, RBI advice to waive margin/security on small agricultural loans, and implementation of an Agricultural Debt Waiver and Debt Relief Scheme to relieve distressed farmers and restore access to fresh credit.

Tariff value revision for imported commodities notified, setting unit valuation benchmarks for metals and selected goods.
The Department of Revenue issued Notification No. 42/2012 Customs (N.T.) revising tariff values for specified imported commodities, including updated unit values for Brass Scrap and Poppy Seeds, while several edible oil categories remain unchanged; it also prescribes unit tariff values for Gold and Silver when benefit entries of a prior customs notification are availed, for use in customs assessment and import valuation.