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September 3, 2026
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Electric-vehicle adoption across road-transport segments is projected to reduce dependence on imported petrol and diesel, notwithstanding continuing battery imports. Accelerated electrification could reduce vehicle-related import expenditure substantially by 2050 because reduced oil imports are expected to exceed battery-import costs. Domestic cell-manufacturing capacity may further increase savings by combining rapid vehicle electrification with battery localisation.
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Industrial development facilitation extends beyond allocation of industrial plots to infrastructure development, services, and a favourable business environment. Industry-support policies seek to encourage participation by entrepreneurs, promote growth across sectors, and improve investment conditions without distinction between small and large enterprises. Dry-port infrastructure strengthens national and international trade connectivity, supporting import and export expansion for industrial and agro-based businesses.
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Regulated fintech infrastructure recognition highlights integrated payment, identity and collections capabilities across embedded financial product delivery.
Decentro operates an integrated fintech infrastructure platform combining payment acceptance, identity verification, banking and AI-led collections through a unified integration layer. It holds Payment Aggregator authorisations for online and physical payments, a Payment Service Provider licence through its GIFT City entity, and certification for offline identity-verification workflows. These capabilities support embedded financial products, payment acceptance, lending collections and related financial workflows for enterprise users.
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Responsible NBFC and HFC growth requires technology-enabled inclusion, proportionate regulation, sound governance, liquidity discipline, customer protection and cyber resilience.
NBFCs and HFCs can complement bank-led credit delivery through last-mile reach, sector-specific expertise, digital infrastructure, consent-based data sharing and cash-flow-based underwriting. Sustainable growth requires strong liquidity risk management, governance, compliance culture, diversified funding, stress testing, early-warning systems, dynamic provisioning and sound underwriting standards. Proportionate scale-based regulation, digital lending standards and a substance-over-form approach seek to support innovation while preserving financial stability. Customer protection, responsible lending, grievance redressal, fair recovery conduct, cyber resilience and protection of customer data remain essential.
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Collective minimum-fee fixing for debenture trusteeship services prevented trustees from making independent commercial pricing decisions and constituted cartelisation. Prescription of a benchmark fee limited and controlled the supply or market for such services by directing association members and non-members not to serve debenture issuers below that fee. The conduct contravened Section 3(3)(a) and Section 3(3)(b) read with Section 3(1) of the Competition Act, 2002.
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Digital textile printing enables flexible industrial production, shorter lead times, reduced screen dependency and sustainability-focused manufacturing for export markets.
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Money laundering linked to hybrid ganja smuggling involves alleged illicit cross-border transfers and foreign-exchange violations.
Enforcement Directorate searches form part of a money-laundering investigation into alleged hybrid ganja smuggling from Thailand. A case under the Prevention of Money Laundering Act concerns suspected laundering of drug-trafficking proceeds and transfer of funds to Thailand through illegal channels. The inquiry also examines possible foreign-exchange violations and an alleged arrangement involving carriers, visas and funds for transporting narcotic substances.
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Foreign-currency deposit mobilisation supports currency appreciation while creating surplus-liquidity sterilisation pressures through deposit swaps in domestic banking markets.
Foreign-currency deposit mobilisation strengthened foreign-exchange liquidity and supported rupee appreciation. FCNR(B) deposits, together with overseas foreign-currency borrowings and external commercial borrowings, increased aggregate foreign-currency resources. Bank swaps of such deposits with the central bank may create surplus banking-system liquidity and a sterilisation challenge, while oil prices, global yields, dollar movements and foreign equity inflows remain relevant currency-market factors.

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Corp. Laws, SEBI & IBC

Easy Exit Scheme

March 13, 2015

Contents
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The number of companies whose names have been struck-off from the register under Section 560 of the Companies Act, 1956, during each of the last three financial years and the current year (up to 08.03.2015), State/UT-wise, is given in Annex-1. The figures do not suggest an increasing trend in the number of defunct companies in the country.

The number of companies that availed the Fast Track Exit Mode for striking their names off the register during the said period, State/UT-wise, is given in Annex-2.

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha today.

Annex - 1

Referred to in reply to parts (a) to (c) of reply to Lok Sabha Unstarred Question No. 2807 answered on 13.03.2015

Number of Companies Struck-off during each of the last three years and current year

Sl. No.

State/ UT

2011-12

2012-13

2013-14

2014-15*

1

Andaman & Nicobar Islands

2

0

2

0

2

Andhra Pradesh

45

22

311

399

3

Arunachal Pradesh

133

10

11

0

4

Assam

1272

118

191

25

5

Bihar

126

25

3

107

6

Chandigarh

502

460

99

347

7

Chhattisgarh

1

29

4

48

8

Dadar Nagar Haveli

8

0

0

2

9

Daman and Diu

12

0

1

1

10

Delhi

9939

1641

1329

2146

11

Goa

241

30

72

65

12

Gujarat

2264

159

466

341

13

Haryana

674

130

135

207

14

Himachal Pradesh

90

142

21

35

15

Jammu and Kashmir

154

10

0

25

16

Jharkhand

59

11

0

26

17

Karnataka

2527

4

842

739

18

Kerala

1107

253

318

323

19

Lakshadweep

0

0

0

0

20

Madhya Pradesh

1

222

174

176

21

Maharashtra

6452

1256

1333

1657

22

Manipur

96

5

3

0

23

Meghalaya

169

20

15

4

24

Mizoram

21

10

7

0

25

Nagaland

112

12

10

0

26

Orissa

293

1243

228

430

27

Pondicherry

222

17

17

16

28

Punjab

1667

1089

123

575

29

Rajasthan

1307

159

265

520

30

Sikkim

0

0

0

0

31

Tamil Nadu

4796

1959

1025

821

32

Telangana

183

101

1536

184

33

Tripura

37

10

11

2

34

Uttar Pradesh

1025

179

131

463

35

Uttarakhand

87

0

0

65

36

West Bengal

2617

4088

1661

1077

All - India

38241

13414

10344

10826

* as on 08.03.2015

Source : Extracted from the MCA21 repository

Annex - 2

Referred to in reply to parts (a) to (c) of reply to Lok Sabha Unstarred Question No. 2807 answered on 13.03.2015

Number of Companies Struck-off under “Fast Track Exit” during each of the last three years and current year

Sl. No.

STATE

2011-12

2012-13

2013-14

2014-15*

1

Andaman & Nicobar Islands

2

0

2

0

2

Andhra Pradesh

45

22

311

399

3

Arunachal Pradesh

7

1

1

0

4

Assam

158

10

13

22

5

Bihar

126

25

0

99

6

Chandigarh

86

58

91

249

7

Chhattisgarh

0

29

4

48

8

Dadar Nagar Haveli

7

0

0

2

9

Daman and Diu

12

0

1

1

10

Delhi

9555

1431

1266

2141

11

Goa

241

21

72

65

12

Gujarat

2045

151

463

340

13

Haryana

650

103

132

207

14

Himachal Pradesh

37

4

21

21

15

Jammu and Kashmir

154

10

0

25

16

Jharkhand

59

11

0

26

17

Karnataka

2257

0

842

739

18

Kerala

1089

241

287

322

19

Lakshadweep

0

0

0

0

20

Madhya Pradesh

1

173

174

176

21

Maharashtra

5727

1102

1328

1657

22

Manipur

8

0

0

0

23

Meghalaya

20

4

1

3

24

Mizoram

1

1

1

0

25

Nagaland

6

4

1

0

26

Orissa

61

15

29

56

27

Pondicherry

103

14

17

16

28

Punjab

166

69

110

260

29

Rajasthan

859

158

261

519

30

Sikkim

0

0

0

0

31

Tamil Nadu

3653

438

860

821

32

Telangana

183

101

1536

182

33

Tripura

3

0

2

2

34

Uttar Pradesh

875

179

131

363

35

Uttarakhand

75

0

0

65

36

West Bengal

1727

151

272

476

All - India

29998

4526

8229

9302

* as on 08.03.2015

Source : Extracted from the MCA21 repository.

Topics

Acts Income Tax