Table of Contents
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
♦Coal
- 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
♦Space
- 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
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