Question
Download Solution PDFWhat is the main theme of the Post Budget Webinar 2025 hosted by the Department of Financial Services (DFS)?
Answer (Detailed Solution Below)
Option 4 : Regulatory, Investment, and Ease Of Doing Business Reforms
Detailed Solution
Download Solution PDFThe correct answer is Regulatory, Investment, and Ease Of Doing Business (EODB) Reforms.
In News
- The Post Budget Webinar 2025 organized by the Department of Financial Services focused on "Regulatory, Investment, and Ease of Doing Business (EODB) Reforms."
Key Points
- The webinar focused on ensuring smooth implementation of budget announcements for 2025-26 with emphasis on regulatory reforms, investment, and ease of doing business.
- It involved discussions on simplifying processes, expanding services like IPPB, and the decriminalization of business-related laws through Jan Vishwas Bill 2.0.
- It also aimed to enhance financial services access, especially for rural populations, through initiatives like the Grameen credit score and KYC simplification.
- The webinar encouraged a regulatory framework that reduces compliance burdens and facilitates ease of doing business across sectors.
Additional Information
- India Post Payments Bank (IPPB)
- IPPB aims to revolutionize last-mile financial access in rural areas by integrating services with post office savings accounts.
- It focuses on expanding Aadhaar-enabled payment systems, increasing UPI transactions, and launching AI-driven microfinance for rural communities.
- Jan Vishwas Bill 2.0
- Jan Vishwas Bill 2.0 seeks to decriminalize over 100 provisions in various laws to simplify processes for businesses and reduce legal risks.
- This initiative aims to help industries operate with greater confidence and efficiency.
- Grameen Credit Score
- The Grameen Credit Score is designed to create an accurate credit profile for rural borrowers, helping banks offer affordable credit to the underserved population.
- This system will empower the rural population and provide banks with new business opportunities.