Category Center for the Study for Finance and Economics

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Beyond the Health Card: Strengthening Health Assurance in Goa

Manorama BakshiArjun Kumar Goa’s Health Assurance Question India’s health protection landscape has gradually moved from fragmented, state-specific insurance arrangements towards broader public assurance systems. Within this shift, Goa offers a distinctive model. The Deen Dayal Swasthya Seva Yojana (DDSSY) is…

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Citizen financial cyber fraud reporting and management system (CFCFRMS): strengthening India’s response to digital financial fraud

India’s rapid expansion of digital payments has increased the speed and convenience of financial transactions, but it has also created new avenues for cyber-enabled financial fraud. Since fraudulent funds can be siphoned off quickly, timely reporting and immediate intervention are critical to preventing further financial loss. The Citizen Financial Cyber Fraud Reporting and Management System (CFCFRMS) was specifically launched to enable immediate reporting of financial frauds and prevent fraudsters from siphoning off funds (Press Information Bureau, 2026). 

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End of an Era: Why India Discontinued the Sovereign Gold Bond (2024)

The Sovereign Gold Bond (SGB) scheme was conceived as part of a broader strategy to curb India's heavy reliance on physical gold imports, which were seen as a drag on the current account deficit and a source of unproductive household savings. The scheme was first announced in the Union Budget 2015-16 by then Finance Minister Arun Jaitley, approved by the Union Cabinet on 9 September 2015, and formally launched by Prime Minister Narendra Modi in New Delhi on 5 November 2015, alongside the Gold Monetisation Scheme and the Indian Gold Coin (PMO India, 2015).

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GST Appellate Tribunal 2025: Resolving India’s Tax Disputes

The introduction of the Goods and Services Tax (GST) in 2017 has brought the various central and state level indirect taxes under one unified indirect tax framework. However, the proliferation of the GST regime has also led to growing tax related disputes. Such disputes lead to ambiguity for the taxpayer, as well as cause additional burden on tax administration. Hence, a specialised appellate body was required for the successful implementation of GST

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 The Insurance Laws (Amendment) Act, 2025: Will Liberalisation Translate into Wider Insurance Coverage?

Insurance plays an important role in protecting individuals and businesses from unexpected financial losses. It provides financial support during difficult situations and helps reduce the burden caused by unforeseen events. By spreading risks across a larger group, insurance not only protects people and businesses but also contributes to the stability of the economy.

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Digital Volatility vs. Credit Growth: Analyzing RBI’s Calibrated LCR Framework for Internet & Mobile Banking

Policy UpdateRashi Kothari Background & Structural Context The rapid digitization of retail payments in India—driven by UPI, 24/7 NEFT, RTGS, and mobile banking—has fundamentally reshaped consumer financial behavior (RBI, 2023; FSB, 2023). While this digital infrastructure has lowered transaction costs…

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National Turmeric Board (2025): Institutionalising India’s Dominance in the Global Spice Trade

India produces and exports turmeric in larger quantities than any other nation; but it took several decades for this spice to have its own organization. This happened when the Ministry of Commerce & Industry set up the National Turmeric Board (NTB) on October 4, 2023, thus carving out an exclusive body to look after its cultivation, research, standards, and export from the ambit of the Spices Board’s broad agenda. This new body was launched officially in New Delhi on 14 January 2025 through the inauguration by the Union Minister Piyush Goyal and appointing Shri Palle Ganga Reddy, the son of a farmer in Nizamabad, as the Board's first Chairman. The establishment of its office took place on 29 June 2025 in Nizamabad, Telangana, through the inauguration of Union Home Minister Amit Shah and allocation of Rs 200 crore to enhance quality of crops, research, and farmers' welfare

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