Presentation of details of 4th Tranche announced by Union Finance Minister Smt. Nirmala Sitharaman
Press Information Bureau
Government of India
Ministry of Finance
16-May, 2020
Presentation of details of 4th Tranche announced by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19
Part-4: New Horizons of Growth
Policy Reforms to fast-track Investment – Effort towards AtmanirbharBharat
Upgradation of Industrial Infrastructure
Policy Reforms – Introduction of Commercial Mining in Coal Sector
Policy Reforms – Diversified Opportunities in Coal Sector – Investment of Rs 50,000 crores.
Policy Reforms –Liberalised Regime in Coal Sector
Enhancing Private Investments in the Mineral Sector
Policy Reforms – Mineral Sector
Enhancing Self Reliance in Defence Production
Policy Reforms – Defence Production
• FDI limit in the defence manufacturing under automatic route will be raised from 49% to 74%
Reduction in Flying cost Rs. 1000 crores – Efficient Airspace Management for Civil Aviation
More World-class Airports through PPP
India to become a global hub for Aircraft Maintenance, Repair and Overhaul (MRO)
Tariff Policy Reform
Privatization of Distribution in UTs
Boosting private sector investment in Social Infrastructure through revamped Viability Gap Funding Scheme – Rs 8100 crores
Boosting private participation in Space activities
Atomic Energy related Reforms
Source:PIB