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As announced by the Finance Minister in his Budget speech on 28th February, 2011, with a view to assist States in modernising their stamp and registration administration, E-stamping is expected to be rolled out in all the districts of different States in a period of
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- one year
- two years
- three years
- five years
Correct Option: C
Finance Minister in his Budget speech on 28th February, 2011 said that “Five years ago, we took an initiative to introduce a modern and people-friendly e-stamping facility in the country. Only six States have introduced this system so far. I propose to launch a new scheme with an outlay of Rs 300 crore to provide assistance to States to modernise their stamp and registration administration and roll out estamping in all the districts in the next three years.”
