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Other initiatives

8. Other initiatives

Besides the measures under the above themes, certain additional measures as detailed below will be taken to ensure synergy:

1. Publication of Red Book on Payment Systems for a country by the Bank for International Settlements (BIS) helps documentation of all payment systems in a country in a structured format. Preliminary work in this regard has already been done. This initiative would be completed by March 2006.

2. Government payments and receipts to be facilitated through electronic mode. The Reserve Bank will participate in the e-Governance initiatives in a pro-active manner.


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