The Central Government has enacted the Deposit Insurance and Credit Guarantee Corporation (Amendment) Act, 2021. The Deposit Insurance and Credit Guarantee Corporation Act, 1961 is being amended to enable easy and time-bound access by depositors to their own money, even when there are restrictions on banks. It is proposed to provide that even if a bank is temporarily unable to fulfill its obligations due to restrictions such as moratorium imposed on it, depositors can access their deposits to the extent of deposit insurance cover through interim payments by the Corporation.
Measures for encouraging 5G innovation
18 March 2025
The programme, supported by a ₹1.5 crore budget, covers seed funding, IPR assistance, mentorship, and operational costs. It aims at developing over 50 scalable 5G
