India - targeted stimulus continues (Tranche 2)Rutuja Chudnaik
India: Targeted stimulus continues
• In the next tranche of measures announced by the Finance Minister today, migrant labourers, agriculture and small businesses found priority
• From a longer-term perspective, affordable housing, both rental and owned, were given incentives to stimulate demand
AatmaNirbhar Bharat Presentation- Government Reforms and EnablersLabour Law Advisor
Aatmanirbhar Bharat Scheme announced by Government of India in the wake of COVID 19. The whole scheme was divided into 5 parts. It is the official PPT of Part 5 Government Reforms and Enablers that includes the direct and indirect schemes launched to help boosting the economy from the slowdown.
Summary of special economic package for self-reliant India (Atma-Nirbhar Bharat Abhiyan) to reduce the economic strain on the country due to the pandemic by the Hon’ble Prime Minister, Mr. Narendra Modi on May 12, 2020.
India - targeted stimulus continues (Tranche 2)Rutuja Chudnaik
India: Targeted stimulus continues
• In the next tranche of measures announced by the Finance Minister today, migrant labourers, agriculture and small businesses found priority
• From a longer-term perspective, affordable housing, both rental and owned, were given incentives to stimulate demand
AatmaNirbhar Bharat Presentation- Government Reforms and EnablersLabour Law Advisor
Aatmanirbhar Bharat Scheme announced by Government of India in the wake of COVID 19. The whole scheme was divided into 5 parts. It is the official PPT of Part 5 Government Reforms and Enablers that includes the direct and indirect schemes launched to help boosting the economy from the slowdown.
Summary of special economic package for self-reliant India (Atma-Nirbhar Bharat Abhiyan) to reduce the economic strain on the country due to the pandemic by the Hon’ble Prime Minister, Mr. Narendra Modi on May 12, 2020.
Here is a short overview of 20 lakh crore economic relief package introduced by the government of India under Aatmanirbhar Bharat to revive the economy from the effects of COVID-19.
Decoding the 20 lakh crore stimulus packageabhishekc1234
Covid-19 pandemic has been deadly all over the globe and has made its mark on India too. In order to fight it head on, our Prime Minister made a huge announcement of Aatmanirbhar package Abhiyan (ABA) on 12 may 2020 of ₹20 Lakh Crore. This research study has been written by me where I decode the package in detail; discuss its usefulness and its impact on the nation.
Decoding of government of india 20 lakhs crore packageRajivRoy28
The follwing article decodes Government of India Announcement regarding COVID 19 Economic Package its vision/purpose, its intended usage, its implication in Indian circuit.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
The Union Budget for 2018-19 was proposed by Mr. Arun Jaitley on 1st February 2018. The budget proposes significant initiatives for rural & agricultural development, generation of employment, skill development and upgrading infrastructure, but, provides little incentive to the taxpayers. Sharing with you the highlights of this year's Budget.
Laghu Udyog Bharati is one of India’s largest MSE Industry Networks in India, with branches in every state and members in every district of India, working towards the welfare of MSEs in India. We have grass-root level insights into the challenges faced by the MSEs as well as changing industry trends & practices on the ground.
Like every year, the finance minister will announce an annual report on expenditure and revenue plans for the next financial year during his budget address.Explain about the PM KISAN YOGANA,INCOME TAXMSME’S(Micro small medium entrepreneur)Haryana, 22th AIIMS(All India instituate medical Science ),INFLATION.
Here is a short overview of 20 lakh crore economic relief package introduced by the government of India under Aatmanirbhar Bharat to revive the economy from the effects of COVID-19.
Decoding the 20 lakh crore stimulus packageabhishekc1234
Covid-19 pandemic has been deadly all over the globe and has made its mark on India too. In order to fight it head on, our Prime Minister made a huge announcement of Aatmanirbhar package Abhiyan (ABA) on 12 may 2020 of ₹20 Lakh Crore. This research study has been written by me where I decode the package in detail; discuss its usefulness and its impact on the nation.
Decoding of government of india 20 lakhs crore packageRajivRoy28
The follwing article decodes Government of India Announcement regarding COVID 19 Economic Package its vision/purpose, its intended usage, its implication in Indian circuit.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
The Union Budget for 2018-19 was proposed by Mr. Arun Jaitley on 1st February 2018. The budget proposes significant initiatives for rural & agricultural development, generation of employment, skill development and upgrading infrastructure, but, provides little incentive to the taxpayers. Sharing with you the highlights of this year's Budget.
Laghu Udyog Bharati is one of India’s largest MSE Industry Networks in India, with branches in every state and members in every district of India, working towards the welfare of MSEs in India. We have grass-root level insights into the challenges faced by the MSEs as well as changing industry trends & practices on the ground.
Like every year, the finance minister will announce an annual report on expenditure and revenue plans for the next financial year during his budget address.Explain about the PM KISAN YOGANA,INCOME TAXMSME’S(Micro small medium entrepreneur)Haryana, 22th AIIMS(All India instituate medical Science ),INFLATION.
Decode Government of India 20 Lakh crore COVID PackageAaron Andrade
The announcements made by the Finance Minister Nirmala Sitharaman on Sunday concluded the relief measures undertaken in five tranches by the government as part of the economic package announced by PM Modi for ‘Atmanirbhar Bharat’. The minister, towards the end of her speech, also provided a tranche-wise complete break-up of the stimulus
First india ahmedabad edition-02 february 2021FIRST INDIA
Welcome to the Official Website of First India E-Paper. We are the best ENGLISH NEWS PAPER in India with Special coverage of Rajasthan & Gujrat. Follow us for the LATEST NEWS & Top LIVE NEWS in India and around the world.
Visit:- https://firstindia.co.in/newspaper
The Prime Minister of India on May 12,2020 launching Aatma Nirbhar Bharat Abhiyaan under which he announcing a special economic package of Rs 20 lakh crore which is equivalent to 10% of India’s GDP. The policy aims to make India self-reliant, empowering the poor, laborers, and migrants who have been majorly affected by COVID-19.
Analysis of Indian Union Budget 2020-21 is presented by Er.Ajay Sharma, who is Certified as Microsoft Technology Associate in Networking Fundamentals. He was awarded by CM of Punjab Capt.Amarinder Singh in Year 2016.
Laghu Udyog Bharati is one of India’s largest MSE Industry Networks in India, with branches in every state and members in every district of India, working towards the welfare of MSEs in India. We have grass-root level insights into the challenges faced by the MSEs as well as changing industry trends & practices on the ground.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Executive Directors Chat Leveraging AI for Diversity, Equity, and InclusionTechSoup
Let’s explore the intersection of technology and equity in the final session of our DEI series. Discover how AI tools, like ChatGPT, can be used to support and enhance your nonprofit's DEI initiatives. Participants will gain insights into practical AI applications and get tips for leveraging technology to advance their DEI goals.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
2. FM announcement highlights: First part of the Rs 20 lakh crore economic package
unveiled
20 Lakh Economic Package: Finance Minister Nirmala Sitharaman on Wednesday shared the
first installment of the mega Rs 20 lakh crore economic package with the focus being on the
relief to the MSME sector.
The Prime Minister had announced the Aatmanirbhar Bharat package that will focus on making
India self-reliant during his national address on Tuesday.
The finance minister, who was flanked by the MoS Anurag Thakur and the finance ministry
officials, said that the Aatmanirbhar Bharat rests on five pillars: Economy, Infrastructure,
Technology-driven systems, Demography, and Demand. The focus will be on factors of
production: Land, Labour, liquidity, and Laws. The intention is to make local brands global.
3. MSMEs, which make up for about 45 per cent of the country’s total manufacturing output,
40 per cent of exports, almost 30 per cent of the national GDP and operate across the
value chain.
4. Key Highlights of the economic package:
Six major steps for the revival of the MSME sector
1. Collateral free loan of Rs 3 lakh crores for MSMEs. This will benefit 45 lakh units so that they
can resume work and save jobs.
2. For stressed MSMEs, the Subordinate debt provision of Rs 20,000 cr has been announced for 2
lakh MSMEs. It will benefit those which are NPAs or stressed MSMEs
3. Rs 50,000 crore equity infusion through Mother fund-Daughter fund for MSMEs that are viable
but need handholding. A fund of funds with a corpus of Rs 10,000 crore will be set up to help
these units expand capacity and help them list on Markets if they choose.
4. The definition of MSMEs has been revised to allow MSMEs to aim for expansion and not lose
benefits. Also, there’ll be no distinction between the manufacturing & services sector MSMEs.
5. New definition: Micro units with investment till Rs 1 cr, turnover up to Rs 5 crore.
Small units with investment till Rs 10 cr, turnover up to Rs 50 cr. Medium units with
investment till Rs 20 cr, turnover up to Rs 100 crore.
5. Global tenders will be disallowed up to Rs 200 crore for government contracts.
6. Will ensure e-market linkages are provided across the board in the absence of
non-participation in trade fairs due to COVID. Govt of India and PSUs will clear all
the receivables in the next 45 days.
For Employees
7. A liquidity relief of ₹2,500 crores EPF support is being given to all EPF
establishments, EPF contribution will be paid by Govt. of India for another 3
months till August and will benefit more than 72 lakh employees.
8. Statutory EPF contribution for all organizations and their employees covered by
EPFO has been reduced to 10% from 12% earlier. This doesn’t apply to govt
organizations. This will infuse Rs 6,750 cr liquidity into these organizations.
For NBFCs/HFCs/MFIs
6. 9. Rs 30,000 crore special liquidity scheme for investing in investment-grade debt paper of
NBFCs, HFCs, and MFIs. These NBFCs are those that are also funding MSMEs. These will be fully
guaranteed by the government of India.
10. Rs 45,000 crore partial credit guarantee scheme 2.0 for NBFCs. The first 20% loss will be
borne by the guarantor that is the government of India.
11. For Discoms, a one-time emergency liquidity injection of Rs 90,000 crore against all their
receivables. The states will guarantee it.
Other Details
12. An extension of up to 6 months (without costs to the contractor) to be provided by all Central
Government Agencies like Railways, Ministry of Road Transport & Highways, Central Public Works
Dept.
13. On real estate, urban development ministry will issue advisory to states/UTs so that the
regulators can invoke force majeure. The regulators can suo moto extend
completion/registration dates for six months for projects expiring on or after March 25, 2020.
7. 14. A reduction of 25% of existing rates of Tax Deducted at Source (TDS)
& Tax Collection at Sources (TCS) from tomorrow till March 31, 2021.
This will release Rs 50,000 crores.
15. Due date of all IT Return filings extended from July 31 to November
30. Vivaad se Vishwas scheme extended till December 31, 2020. Date of
assessments getting barred as on Sep 30, 2020, extended to December
31, 2020. Date of assessments getting barred as on March 31, 2021,
extended to September 30, 2021.
8. Nirmala Sitharaman’s second tranche of measures catered to migrant workers
and street vendors. The minister introduced ‘one nation one ration card’ to allow
migrant workers to buy ration from any depot in the country.
A special credit facility of Rs 5,000 crore was announced to support around 50
lakh street vendors who will have access to an initial Rs 10,000 working capital.
The minister also said that close to Rs 2 lakh crore will be given to farmers
through Kisan credit cards while 2.5 crore farmers, including fishermen and
animal husbandry farmers, would be able to get institutional credit at a
concessional rate. The government allowed states to fund the food and shelter
facilities to migrant workers from the disaster response fund that would cost Rs
11,000 crore to the Centre.
9. ‘One nation, one ration card’ scheme by March 2021,
says FM Nirmala Sitharaman
10. Sitharaman further added that the entire nation will be
covered under’ one nation one ration scheme’ by March 2021.
For national portability, the state governments have been
asked to issue the ration card in the bi-lingual format, wherein
besides the local language, the other language could be Hindi
or English. The states have also been told to have a 10-digit
standard ration card number, wherein the first two digits will
be state code and the next two digits will be running ration
card numbers.
11. Finance Minister Speech live update: 3rd tranche of economic package
details.
Finance Minister Nirmala Sitharaman on Friday said the 3rd tranche of
the economic package will deal with giving relief to agriculture and allied
industries. Prime Minister Narendra Modi earlier this week announced a
cumulative package of Rs 20 lakh crore (nearly 10 percent of GDP) to
provide relief to various segments of the economy battered by
coronavirus lockdown.
“I will be announcing 11 measures today, of which 8 relates to
strengthening capacity and infrastructure. The government will allocate
money and we can quickly ramp up on these. The rest 3 will pertain to
government and administrative reforms,” says FM. 560 lakh liters of milk
were also procured by cooperatives during the lockdown, says FM.
12. Here are the key details for 3rd tranche of the economic package
1 lakh crore for the argi-infrastructure fund, says FM Sitharaman
Rs 1 lakh crore announced for the agri-infrastructure fund for farm-gate infrastructure for
farmers. Impetus will be placed on the development of farm-gate and aggregation point,
affordable and financially viable post-harvest management infrastructure.
Registration of 242 Shrimp hatcheries, Naupali Rearing hatcheries extended
.Registration of 242 Shrimp hatcheries and Naupali Rearing hatcheries, which expired on March
31, 2020, has been extended for 3 months.
Govt brings scheme worth ₹10,000 crores for ‘Vocal for Local with global outreach’ The
government introduces a ₹10,000 crores scheme for the formalization of Micro Food Enterprises
(MFE); the scheme promotes PM’s vision of ‘Vocal for Local with global outreach’, says FM
Nirmala Sitharaman.
Measures to aid marine and coastal farmers have been undertaken: FM
All Covid-19 related deadline extensions relating to fisheries activities, many of them involving
overseas contracts, have been honored. Many measures which will help marine and coastal
farmers have been undertaken as promised, says finance minister.
13. Govt will put ₹5,000 crores in hands of 2 crore farmers
A new scheme was introduced to give lower interest to dairy cooperatives, the interest
subvention scheme will continue. The government will put additional ₹5,000 crores in hands of 2
crore farmers: Finance minister
Govt scheme worth ₹20,000 crores for development of marine, inland fisheries
Govt to launch the ₹20,000 crores Pradhan Mantri Matsya Sampada Yojana for the development
of marine and inland fisheries. The scheme is for integrated, sustainable, inclusive development
of marine and inland fisheries to
plug critical gaps in the fisheries value chain; move will provide employment to over 55 lakh
persons and double exports to ₹1 lakh crore: Finance minister Nirmala Sitharaman
14. Govt launches programme for foot and mouth disease, Brucellosis
The Centre has launched the National Animal Disease Control Programme to
ensure that Foot and Mouth Disease and Brucellosis is eradicated among live
animals. A total of 100 per cent vaccination of cattle, buffalo, sheep, goat and pig
population will be ensured. As many as 1.5 crore cows and buffaloes have been
tagged till date as opposed to 53 crore animals in total.
National Animal Disease Control Programme for Foot and Mouth Disease and
Brucellosis launched with a total outlay of ₹13,343 crores, says finance minister
Nirmala Sitharaman.
Govt to set up ₹15,000 crore fund for animal husbandry infrastructure
development
The government has earmarked Rs 15,000 crore for setting up animal husbandry
infrastructure. This will be used to support private investment in Dairy Processing,
value addition and cattle feed infrastructure.
15. ₹4,000 crores for herbal cultivation, to develop corridor of medicinal plants along banks of
Ganga: FM Sitharaman
Finance minister Nirmala Sitharaman today announced that the Centre has allocated ₹4000
crores for promotion of herbal cultivation; 10, 00, 000 hectare will be covered in the next 2 years.
.India to witness a corridor of medicinal plants along river Ganga banks: Govt
National Medicinal Plants Board will bring 800-hectare area by developing a corridor of medicinal
plants along the banks of river Ganga, says finance minister Nirmala Sitharaman.
₹4,000 crores for herbal cultivation, to develop corridor of medicinal plants along banks of
Ganga: FM Sitharaman
Finance minister Nirmala Sitharaman today announced that the Centre has allocated ₹4000
crores for promotion of herbal cultivation; 10,00,000 hectare will be covered in the next 2 years.
India to witness a corridor of medicinal plants along river Ganga banks: Govt
National Medicinal Plants Board will bring 800-hectare area by developing a corridor of medicinal
plants along the banks of river Ganga, says finance minister Nirmala Sitharaman
16.
17. • STRATEGIC REFORMS
• and GROWTH INITIATIVES
• Department of Economic Affairs,
• Ministry of Finance
आत्मनिर्रभ र््ा र्त
Part-4: New Horizons of Growth
16.05.2020
Gov ernment Of India
05-05-2020
18. Policy Reforms to fast-track Investment – Effort
towards Atmanirbhar Bharat
• Fast track Investment Clearance through Empowered
Group of Secretaries (EGoS).
• Project Development Cell in each Ministry to prepare investible projects,
coordinate with investors and Central/ State Governments
• Ranking of States on Investment Attractiveness to
compete for newinvestments
• Incentive schemes for Promotion of New Champion Sectors will be
launched in sectors such as Solar PV manufacturing; Advanced cell battery
storage;etc.
19. • Scheme will be implemented in States through
Challenge mode for Industrial Cluster Upgradation
of common infrastructure facilities andconnectivity.
• Availability of Industrial Land/ Land Bank for
promoting new investments and making
information available on Industrial Information
System (IIS) with GIS mapping.
• 3376 industrial parks/estates/SEZs in 5 lakh
hectares mapped on Industrial
Information System(IIS)
• All industrial parks will be ranked in2020-21
Upgradation of Industrial Infrastructure
21. Policy Reforms – Introduction of Commercial
Mining in Coal Sector
Need to reduce import of substitutable coal and increase Self-
reliance in coal production.
Government will introduce competition, transparency and
private sector participation in the Coal Sector through :
Revenue sharing mechanism instead of regime of fixed
Rupee/tonne
Earlier, only captive consumers with end-use ownership could bid.
Now, any party can bid for a coal blockand sell in the open
market.
Entry norms will be liberalized
Nearly 50 blocks to be offered immediately.
No eligibility conditions, onlyupfront payment with a ceiling.
22. Policy Reforms – Introduction of Commercial
Mining in Coal Sector
• Exploration-cum-production regime for partially
explored blocks
• Against earlier provision of auction of fully explored
coal blocks, now even partially explored
blocks to be auctioned.
• Will allow private sector participation in
exploration.
• Production earlier than scheduled will be incentivized
through rebate in revenue-share
23. Policy Reforms – Diversified Opportunities in
Coal Sector - Investment of Rs 50,000crores.
• Coal Gasification / Liquefication will be incentivised
through rebate in revenue share.
• Will result in significantly lower environmentimpact
• Will assist India in switching to a gas-based economy
• Infrastructure development of Rs. 50,000 crores
• For evacuation of enhanced CIL’s target of 1 billion tons coal
productionby 2023-24plus coal productionfrom private blocks.
• Includes Rs 18,000cr worth of investment in mechanized transfer
of coal (conveyor belts) from mines to railway sidings.
• This measure will also help reduce environmental impact
24. Policy Reforms –Liberalised Regime in
Coal Sector
• Coal Bed Methane (CBM) extraction rights to be
auctioned from Coal India Limited’s (CIL) coal
mines.
• Ease of doing business measures, such as Mining
Plan simplification, will be taken.
• Mining Plan has been shortened,made amenable for loading
online.
• To allow for automatic 40% increase in annual production.
• Concessions in commercial terms given to CIL’s
consumers (relief worth Rs 5000 cr offered)
• Reserve price in auctionsfor non-powerconsumers reduced,
credit terms eased, and lifting period enhanced.
25. Enhancing Private Investments in the
Mineral Sector
Structural reforms to boost growth, employment
and bring state-of-the-art technology especially in
exploration through:
• Introduction of a seamless composite
exploration-cum-mining-cum-production
regime.
• 500 mining blocks would be offered through
an open and transparent auction process
• Introduce Joint Auction of Bauxite and Coal
mineral blocks to enhance Aluminum
Industry’s competitiveness. Will help aluminium
industry reduce electricity costs.
9
26. Policy Reforms – MineralSector
• Remove distinction between captive and non-
captive mines to allow transfer of mining leases
and sale of surplus unused minerals, leading to
better efficiency in mining and production.
• Ministry of Mines is in the process of developing
Mineral Index for different minerals
• Rationalisation of stamp duty payable at the
time of award of mining leases.
10
27. • ‘Make in India’ for Self-Reliance in
Defence Production:
• Notify a list of weapons/platforms for ban on
import with year wise timelines;
• Indigenisation of imported spares;
• Separate budget provisioning for domestic capital
procurement.
• Will help reduce huge Defence import bill.
• Improve autonomy,
efficiency in Ordnance Supplies
accountability and
by
Corporatisation of Ordnance Factory
Board.
Enhancing Self Reliance in
Defence Production
28. • FDI limit in the defence manufacturing under
automatic route will be raised from 49% to 74%
• Time-bound defence procurement process and faster
decision making will be ushered in by :
• Setting up of a Project Management Unit (PMU) to
support contract management;
• Realistic setting of General Staff Qualitative
Requirements (GSQRs) of weapons/platforms;
• Overhauling Trial and Testing procedures
Policy Reforms - DefenceProduction
29. Reduction in Flying cost Rs. 1000 crores-
Efficient Airspace Management for Civil
Aviation
• Only 60% of the Indian airspace freely
available.
• Restrictions on utilisation of the Indian Air
Space will be eased so that civilian flying
becomes more efficient.
• Will bring a total benefit of about Rs 1000
crores per year for the aviation sector.
• Optimal utilization of airspace; reduction in
fuel use, time.
• Positive environmental impact.
13
30. More World-class Airports through PPP
• AAI has awarded 3 airports out of 6 bid for Operation and
Maintenance on Public-Private Partnership (PPP) basis.
• Annual Revenue of 6 airports in 1st round - Rs 1000 crores
(against current profit of Rs 540 crores per year). AAI will also
get a down payment of Rs 2300 crores.
• 6 more airports identified for 2nd round. Bid process to
commence immediately.
• Additional Investment by private players in 12 airports in
1st and 2nd rounds expected around Rs. 13,000 crores.
• Another 6 airports will be put out for the third round of
bidding.
31. India to become a global hub for Aircraft
Maintenance, Repair and Overhaul (MRO)
• Tax regime for MRO ecosystemhas been
rationalized.
• Aircraft component repairs and airframemaintenance
to increase from Rs 800 crores to Rs 2000 crores in
three years.
• Major engine manufacturers in the world would set
up engine repair facilities in India in the coming year.
• Convergence between defence sectorand the civil
MROs will be established to create economies of
scale.
• Maintenance cost for airlines will comedown.
32. ATariffPolicylaying out the followingreforms will be released:
A. Consumer Rights
DISCOM inefficiencies not to burdenconsumers
Standardsof Service and associated penaltiesfor DISCOMs
DISCOMs to ensure adequate power; load-sheddingto be penalized
B. PromoteIndustry
Progressive reduction in cross subsidies
Time bound grant of openaccess
Generation and transmission project developers to be selected
competitively
C. Sustainabilityof Sector
No RegulatoryAssets
Timely payment of Gencos
DBT for subsidy; Smart prepaidmeters
Tariff Policy Reform
33. Privatization of Distribution inUTs
Sub-optimal performance of power
distribution & supply
Power Departments / Utilities in Union
Territories will be privatised.
Will lead to better service to consumers and
improvement in operational and financial
efficiency inDistribution
Provide a model for emulation by other Utilities
across the country.
34. Boosting private sector investment in Social Infrastructure
through revamped Viability Gap Funding Scheme - Rs
8100 crores
Social Infrastructure Projects suffer from poor viability.
Government will enhance the quantum of Viability Gap
Funding upto 30% each of Total Project Cost as VGF by
Centre and State/StatutoryBodies.
For other sectors, VGF existing support of 20 % each from
GoI and States/Statutory Bodies shallcontinue
Total outlay is Rs. 8100crores
Projects to be proposed by Central Ministries/ State
Government/ Statutory entities.
35. Boosting private participation in
Space activities
Indian private sector will be a co-traveller in
India’s space sector journey.
Will provide level playing field for private
companies in satellites, launches and space-based
services.
Will provide predictable policy and regulatory
environment to private players.
Private sector will be allowed to use ISRO facilities
and other relevant assets to improve their capacities.
Future projects for planetary exploration, outer
space travel etc to be open for private sector.
Liberal geo-spatial data policy for providing
remote-sensing data to tech-entrepreneurs.
36. Atomic Energy related Reforms
• Establish research reactor in PPP mode for
production of medical isotopes – promote
welfare of humanity through affordable
treatment for cancer and other diseases.
• Establish facilities in PPP mode to use
irradiation technology for food preservation –
to compliment agricultural reforms and assist
farmers.
• Link India’s robust start-up ecosystem to
nuclear sector – Technology Development
cum Incubation Centres will be set up for
fostering synergy between research facilities
and tech-entrepreneurs.