Join us on Telegram for the latest market news and updates

Atmanirbhar Bharat Abhiyaan: Structural Reforms Focus on Eight Sectors

  • Nirav Karkera
  • May 18 2020
  • 1 minute
Share on

Atmanirbhar-Structural Reforms[Finity]

INR 50,000 crore Diversified Opportunities in Coal Sector
Introduction of Commercial Mining in Coal Sector, Coal gasification/liquefaction will be incentivised.
Create evacuation facilities once coal is mined.
Enhance private investments in Mineral Sector
Introduction of a seamless composite exploration cum mining cum production regime. 500 mining blocks will be offered. Mineral index for different minerals.
Enhancing Self Reliance in Defence Production
Make in India for Self Reliance. Improve autonomy, accountability and efficiency in Ordinance supplies. FDI limits are raised for 49% to 74% in Defence manufacturing.
Efficient Airspace Management for Civil Aviation
Reduction in flying cost INR 1,000 crore. 5 more airports identified for 2nd round. India to become global hub for Aircraft Maintenance, Repair and Overhaul (MR0). Maintenance cost for airlines will come down. The government expects INR 12,000 crore investment in the first and second round.
Tariff Policy Reforms— Power Sector Reforms
Union Territory Discoms are privatised. Consumer rights, promote industry, sustainability of sector.
INR. 8,100 crores Social Infrastructure through revamp Viability Gap Funding schemes
Boosting private sector investment in Social Infrastructure through revamped Viability Gap Funding Viability Gap Funding Schemes
Boosting private sector investment
Will provide predictable policy and regulatory environment Liberal Geo spatial data policy. Private sectors will be allowed to use ISRO facilities and other relevant assets to improve capacities.
Atomic energy related reforms
Establish research reactor in PPP mode. Technology Development cum Incubation Centres will be set up between tech entrepreneurs.
Share on
Similar Blogs