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. |