It is to be clarified that NEFT and RTGS are separate products. The SOP circulated for Post Offices in Annexure II of the said order is for NEFT only. RTGS functionality is currently under testing and is expected to be rolled out by 31.05.2022.
International Financial Services Centres Authority (IFSCA) has issued a circular outlining the framework for aircraft leasing in International Financial Services Centres (IFSCs). The circular, based on powers granted under the IFSCA Act, 2019, classifies aircraft leasing—including operating, financial, and hybrid leases—as financial products. It extends this classification to aircraft ground support equipment and aviation training […]
The beneficiaries must own or lease any fisheries related assets such as ponds, tanks, open water bodies, raceways, hatcheries, rearing units, boats, nets and such other fishing gear as the case may be and possess necessary authorisation/certification as may be applicable in respective states for fish farming and fishing related activities and for any other state specific fisheries and allied activities.