Nirmala Sitharaman Fourth tranche announcements: Highlights

Nirmala Sitharaman Fourth tranche announcements: Highlights

♦Eight Sectors In Focus

  • Coal
  • Minerals
  • Defence Production
  • Airspace management,
  • Airports
  • Power distribution companies in Union Territories
  • Space
  • Atomic Energy


  • Rs 50,000 crore alloted for creating evacuation infrastructure for coal
  • Govt lets go of Coal
  • State monopoly goes
  • Pvt players to be allowed
  • Entry norms to be liberalised
  • Nearly 50 blocks to be offered
  • No eligibility conditions
  • Only upfront payment with a ceiling
  • Any party can bid

♦Mineral boost

  • Seamless mining, exploration regime
  • 500 mining blocks to be offered
  • Joint auction of bauxite and coal blocks
  • Distinction between captive, non-captive mines removed
  • A mineral index to be made
  • Stamp duty to be rationalized

♦Make in India push for defence

  • Indigenistion of imported spares
  • List of weapons/platforms to be notified for import ban
  • Separate budget for procurement
  • Improve autonomy, accountability in ordnance
  • FDI limit raised from 49% to 74%
  • Overhaul of testing systems

♦New wings for Aviation

  • 6 more airports up for auction
  • Pvt players get investment room, expected money: Rs 13,000 cr
  • 6 more airports to be identified
  • Rationalising air space to reduce flying time, save fuel
  • Air space curbs to be removed
  • Green efforts to be boosted

♦Social Infrastructure Projects

  • Pvt sector investment in social infra boosted through revamped funding scheme with an Rs 8,100 cr outlay

♦Power distribution companies in Union Territories

  • DISCOMs to be privatized in UTs- Tariff policy reform for power in UTs- Load shedding will face penal action, Discom functions to be streamlined to improve accountability



  • Pvt sector gets co-pilot seat in space sector
  • Regulatory ease to be extended to firms
  • Pvt firms can use Isro facilities
  • Space exploration opened for pvt players
  • Liberal geo-spatial policy

♦Atomic energy reforms

  • Research reactor to be done in PPP mode (for medical isotopes)
  • PPP mode facility for irradiation tech for food
  • Startup ecosystem to be linked with nuclear sector

Finance minister Nirmala Sitharaman announced the third tranche: highlights

Nirmala Sitharaman Second tranche announcements: Highlights

Nirmala Sitharaman First tranche announcements: Highlights

Read on APP

Bank Test Pass Yearly


Leave a Reply