<h1>PFRDA Act Passed; Commodity Futures Trading Shifted to Finance Ministry; FSLRC Report Calls for Better Financial Governance.</h1> In 2013-14, significant developments included the passage of the PFRDA Act, the transfer of commodity futures trading to the Ministry of Finance, and the FSLRC report's presentation. The banking sector saw a sharp rise in gross NPAs, increasing from 2.36% in March 2011 to 4.40% in December 2013, with infrastructure, iron and steel, textiles, aviation, and mining identified as stressed sectors. The National Pension System, a major pension reform, enrolled 67.11 lakh members with a corpus of Rs. 51,147 crore. The Swavalamban Scheme for unorganized workers extended benefits until 2016-17. The FSLRC report recommended enhanced governance and transparency in financial regulation.