DFS

The mandate of the Department of Financial Services covers the functioning of Banks, Financial Institutions, Insurance Companies and the National Pension System

[Nirmala Sitharaman Office @nsitharamanoffc]

More credit, more opportunities for our farmers.

The Kisan Credit Card's loan limit has been been raised from ₹3 lakh to ₹5 lakh, while over ₹10 lakh crore has been disbursed for the same, expanding access to affordable credit for crores of farmers.

#12YearsOfKisanSamriddhi

[DFS @DFS_India]

#ECLGS 5.0 crosses the 1 Lakh guarantee mark in just over a month!
Robust outreach + wide institutional participation

With *1.06 Lakh+* loans worth *₹ 48,484 Cr+* guaranteed, the scheme is delivering vital support to businesses amid global challenges.

96% of loans guaranteed are towards #MSMEs

The scheme will enable businesses to tide over the liquidity challenges faced by them due to the external geopolitical situation.

@FinMinIndia @nsitharamanoffc @PIB_India @DDNewslive

[PIB India @PIB_India]

➡️ Emergency Credit Line Guarantee Scheme (#ECLGS) 5.0 achieves a major milestone, Guarantee issuance crosses 1 Lakh Mark, with total amount of guarantees more than ₹48,000 Crore

➡️ 96% of the guarantees issued by number and 86% of the total guaranteed amount belong to the #MSME sector; Public Sector Banks account for 96% of guarantees

➡️ By providing 100% and 90% guarantee coverage to MSME and non-MSME sectors respectively, it has encouraged financial institutions to extend credit aggressively, ensuring that liquidity flows to the sectors that need it most

➡️ The scheme aims to infuse additional credit of ₹ 2,55,000 crore to existing borrower to tide over the liquidity challenges arising due to #WestAsia crisis

🔗https://t.co/Mh4wVRcY6c

@FinMinIndia

[DFS @DFS_India]

As PM @narendramodi becomes India's longest-serving elected Prime Minister, the milestone is also a reminder of how sustained leadership and consistent execution can translate into change on the ground.

#longestServingElectedPmmodi

[DD News @DDNewslive]

#12YearsOfSeva | The dream of a developed India with clear policies and strong resolve comes true!

With #MUDRA loans exceeding 40 lakh crore, youth have gained opportunities for employment and self-employment, the simple GST system has eased business operations, and 4.5 crore Sukanya Samriddhi Accounts have worked to secure and empower the future of our daughters.

@FinMinIndia @GST_Council

[Ministry of Finance @FinMinIndia]

India's entrepreneurial spirit is powering growth from the grassroots upwards.

Under #PMMudraYojana, nearly 58 crore collateral-free loans worth over ₹40 lakh crore have been sanctioned, enabling small businesses, first-generation entrepreneurs, women entrepreneurs and youth to realise their aspirations.

By expanding access to institutional credit, the scheme has transformed job seekers into job creators and strengthened the foundation of an Atmanirbhar Bharat.

#12YearsOfSeva

[Ministry of Finance @FinMinIndia]

Financial inclusion has become a powerful instrument of social empowerment under the leadership of PM Shri @narendramodi.

Through #PMJanDhanYojana, more than 58 crore bank accounts have been opened, bringing millions of previously unbanked citizens into the formal financial system.

From direct benefit transfers to doorstep banking services, the scheme has strengthened transparency, reduced leakages and ensured that the benefits of development reach every household.

#12YearsOfSeva

[Ministry of Finance @FinMinIndia]

Social security is no longer a privilege — it is becoming a reality for every citizen.

The Jan Suraksha architecture comprising APY, PMJJBY and PMSBY has extended affordable pension, life insurance and accident insurance coverage to crores of Indians. Together, these schemes have created an unprecedented safety net for vulnerable and low-income families across the country.

#12YearsOfSeva

[narendramodi_in @narendramodi_in]

The GST and Insolvency and Bankruptcy Code (IBC) are rewriting India’s economic DNA through absolute transparency and strict financial discipline.

This powerful synergy replaces a legacy of cash and evasion with a robust framework of trust and compliance.

Read the full article on Vikas Yatra: https://t.co/DcesdfBuwo

#12YearsOfSeva

[Nirmala Sitharaman Office @nsitharamanoffc]

Smt @nsitharaman receives a dividend cheque of Rs 8,813 crore for FY 2025-26 from Shri C S Setty, Chairman - @TheOfficialSBI.

[Nirmala Sitharaman Office @nsitharamanoffc]

With 58 crore+ Jan Dhan accounts, crores of Indians have been brought into the formal banking system.

It has ensured that benefits under welfare schemes, low-cost insurance, and pensions reach without leakages.

#12YearsOfGaribKalyan

[DFS @DFS_India]

A workshop was organised by DG Shipping and General Insurance Council, today in Mumbai on the recently launched Bharat Maritime Insurance (BMI) Pool, to educate shipowners, cargo owners, and shipping lines, and to chart the roadmap for domestic P&I cover.

The workshop was inaugurated by Dr. Debashish Prusty, Additional Secretary, DFS, with participation from senior leaders of DG Shipping, Shipping Corporation of India, GI Council, GIC Re, NIACL & others.

*Key highlight* : 27–48% reduction in premiums for Hull War & Cargo War risk covers under BMI Pool.

Future roadmap suggested:
• Develop domestic P&I product domestically
• Scale BMI Pool covers to selective ocean-going vessels with MoPSW
• Explore integration with International Group P&I Clubs via mutual club formation, aligned with global standards.

The Pool manager GIC Re addressed shipowners’ queries on coverage. Discussions also focused on devising a dedicated P&I insurance product to meet India’s immediate needs.

In today’s volatile global environment, Indian vessels rely heavily on IG P&I Clubs for liability cover. BMI Pool offers sovereign guarantee + lower premiums → making maritime insurance more affordable & strengthening India’s maritime sovereignty.

Read More here: https://t.co/PrUjYJ9mKw

[Narendra Modi @narendramodi]

India’s growth momentum remains strong!

GDP growth rate of 7.7% in FY 2025-26 and 7.8% in Q4 of FY 2025-26 reflect the inherent strength of our economy, the success of reforms and the hard work of 140 crore Indians.

We shall leave no stone unturned to further ‘Ease of Living,’ ‘Ease of Doing Business’ and increase opportunities for our youth.

[Ministry of Finance @FinMinIndia]

✅ Jan Samarth Portal marks 4 years of digital financial inclusion and seamless credit delivery

✅ The platform simplifies access to institutional credit through technology-driven and user-friendly processes

✅ Around 54.10 lakh applications amounting to ₹ 3 Lakh crore processed through the portal

✅ Banks have accorded digital approvals to 49.55 lakh beneficiaries involving an amount of ₹ 2. 76 Lakh crore

🔗 Read more at : https://t.co/JgfFMfvYtv

[Agriculture Insurance Company of India Ltd. (AIC) @aicofindia]

Strengthening Trust, Securing Farmers.

Agriculture Insurance Company of India Limited (AIC) ने FY 2025-26 में मजबूत वित्तीय प्रदर्शन के साथ निरंतर विकास, तकनीकी नवाचार और संचाल�� उत्कृष्टता का परिचय दिया है।

₹10,279 Cr Gross Direct Premium
6.40+ Crore Insurance Policies Issued
₹9,571 Cr Claims Settled
1.75+ Crore Farmers Benefitted
Net Worth Increased to ₹9,165 Cr.

AI, satellite imagery, geospatial technologies और advanced analytics जैसी आधुनिक तकनीकों के माध्यम से AIC किसानों तक अधिक पारदर्शी, तेज और प्रभावी बीमा सेवाएँ पहुंचा रहा है।

किसानों की आजीविका की सुरक्षा और देश के कृषि के भविष्य को मजबूत बनाने के लिए AIC निरंतर प्रतिबद्ध है।

#AICIndia #AgricultureInsurance #CropInsurance #PMFBY #Kisan #IndianFarmer #FarmerFirst #InsuranceIndia #DigitalTransformation #AI #SatelliteTechnology #RuralIndia #KisanSuraksha #InsuranceForFarmers #MeriPolicyMereHaath #OperationalExcellence #FarmerWelfare #IndianAgriculture #fy202526 @DFS_India

[Narendra Modi @narendramodi]

प्रकृति का संरक्षण केवल एक दायित्व नहीं, बल्कि हमारी संस्कृति और संस्कारों का भी अभिन्न हिस्सा है।

मधु वाता ऋतायते मधु क्षर��्ति सिन्धवः।

माध्वीर्नः सन्त्वोषधीः॥

[Nirmala Sitharaman Office @nsitharamanoffc]

Smt @nsitharaman inaugurated the Farmers’ Training & Common Facility Centre at Badepalli village in Yadgir, Karnataka.

Funded under the MPLAD Scheme by the Hon'ble Finance Minister in collaboration with NABARD, the Farmers’ Training and Common Facility Centre (CFC) in Yadgir serves as a hub for processing Groundnuts into multiple high-demand value-added products.

[Narendra Modi @narendramodi]

Guided by the principle of ‘One Earth, One Family and One Future’, we will continue working towards a cleaner, greener and more sustainable planet through the spirit of Mission LiFE.

[NABARD Online @NABARDOnline]

Today marks a historic milestone in the journey of rural empowerment and women-led enterprise development as Smt Nirmala Sitharaman, Hon’ble Union Minister of Finance & Corporate Affairs, inaugurated the Farmers’ Training and Common Facility Centre (FT-CFC) for Agro- Processing at Baddepalli village in Yadgir district under the Kalyana Karnataka initiative.​

Established with the support of the Members of Parliament Local Area Development Scheme (MPLADS), the Government of India, and NABARD, the centre is the fifth among seven FT-CFC projects envisioned to strengthen agro-processing ecosystems and sustainable rural livelihoods. Implemented by the Baddepalli Women’s Farmer Producer Company Limited, this all-women-led initiative is a strong example of women farmers and entrepreneurs driving grassroots economic transformation. In the International Year of Women Farmers, the centre marks an important step towards strengthening women’s participation in agriculture and allied sectors. ​

Focused on enhancing the groundnut value chain and improving market access, this initiative also aligns with the GoI’s vision for women-led enterprise platforms, paving the way for stronger market linkages, visibility, and business opportunities for women collectives. ​

The inauguration ceremony was graced by Shri Sanjay Lohiya, Secretary, Department of Financial Services, Ministry of Finance, GoI; Captain Dr. K. Rajendra, Secretary, Department of Agriculture, Government of Karnataka; Shri B.G. Patil, Member of the Karnataka Legislative Council; Shri Sharana Gouda Kandakur, MLA, Gurumathakal Constituency; Dr Shaji Krishnan V., Chairman, NABARD; Dr Ajay K. Sood, Deputy Managing Director, NABARD; Shri Sanjiv Puri, Chairman and Managing Director, ITC Limited; along with senior officials from the State Government, NABARD, banks, FPOs and the farming community. ​

Here are a few glimpses from the ceremony.​

@nsitharaman @nsitharamanoffc @DFS_India @SN_Kandkur @ShajiKV

#NABARD #KalyanKarnataka #MPLADS #IYWF

[MyGovIndia @mygovindia]

UPI’s global footprint continues to grow!

With Cambodia now on board, India’s digital payment innovation is enabling seamless transactions and strengthening international connectivity.

#UPI
#NewIndia
#GlobalPayments