West Bengal Government’s Decision: FAWLOI Scheme Extended

Following the Department Notification No. 425/(LC-IR)/22015(17)/6/2018 dated April 22, 2022, the Governor has chosen to extend the “Financial Assistance to the Workers in Locked-Out Industrial Units (FAWLOI)” scheme, with amendments, for an additional one-year period. This extension will be effective from April 1, 2024, to March 31, 2025, aiming to provide continued support to workers affected by industrial lockouts. This notification was published on April 18, 2024.


IFSCA signs MoU with BSEC

he scope of this MoU includes promoting the development of financial products, financial services and financial institutions in their respective jurisdictions, sharing of best practices

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