The Government has approved the continuation of the Scheme of Modernization of State Police Forces (MPF Scheme) for five years from 2021-22 to 2025-26 with a financial outlay of Rs 26,275 crore.
The Reserve bank of India authorizes all Pre-paid Instruments (PPI) in India, under the powers conferred under the Payment and Settlement Systems Act, 2007 (PSS Act).