- 1 Electronic Soil
- 2 RBI Issues Norms on Dividend Declaration by Banks
- 3 SEBI Proposes T+0 and Instant Settlement Cycle
- 4 SEBI amends Rules for Zero Coupon Zero Principle Instruments
- 5 RBI expands the Scope of COFT
- 6 RBI’s Clarifications on Green Deposits
- 7 Surrender Value in Insurance
- 8 Securities Appellate Tribunal
- 9 Centre Extends PLI Scheme for Auto Sector
- 10 Interest Equalisation Scheme on Pre- and Post-Shipment Rupee Export Credit
- 11 Centre Promoting India as a global MICE Destination
Payments Infrastructure Development Fund Scheme
Recently, the Reserve Bank of India (RBI) extended the Payments Infrastructure Development Fund (PIDF) scheme till December 31, 2025.
About PIDF Scheme
- The Scheme was operationalized by the RBI in 2021 for three years (extendable up to 2 years) to encourage deployment of payment acceptance infrastructure in India.
- It includes physical Point of Sale (PoS) terminals, Quick Response (QR) codes, in tier-3 to tier-6 centers, North Eastern states and Union Territories (UTs) of Jammu & Kashmir and Ladakh.
- Purpose: To strengthen the payment acceptance infra by including 30 lakh touch points which includes 10 lakh physical and 20 lakh digital payment devices ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Arun-3 Hydroelectric Project
- 2 National Investment and Infrastructure Fund (NIIF)
- 3 National Committee on Dam Safety (NCDS)
- 4 E-Commerce Council of India
- 5 National Bank for Financing Infrastructure and Development (NaBFID)
- 6 Unjha Cumin
- 7 Unjha Fennel
- 8 Naying Hydroelectric Project
- 9 Futures and Options
- 10 Public Debt-to-GDP Ratio
