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FinMin 100 days under Modi: UPS, FATF, incentive scheme and more

The New Indian Express

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September 17, 2024

IN the first 100 days of the new Modi government, the Ministry of Finance's major achievement was the country's successful Mutual Evaluation by the Financial Action Task Force (FATF) in June 2024, which recognised India's measures against money laundering and terrorist financing.

- MONIKA YADAV

FinMin 100 days under Modi: UPS, FATF, incentive scheme and more

India was placed in the 'regular follow-up' category, a distinction shared with only three other G20 nations, reflecting the effectiveness of the JAM (Jan Dhan, Aadhaar, Mobile) framework and efforts to transition towards a digital economy.

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