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Showing posts with label Aarthik pakege. Show all posts
Showing posts with label Aarthik pakege. Show all posts

Saturday, 16 May 2020

The fourth part of the economic package: The Finance Minister made a big announcement for these 8 sectors

New Delhi: After Prime Minister Narendra Modi's Rs 20 lakh crore economic package, Finance Minister Nirmala Sitharaman today made some big announcements for the fourth day. Today, 8 sectors have been announced. Finance Minister Nirmala Sitharaman today spoke on Direct Benefit Transfer, IBC, GST at a press conference on the fourth part of the Self-Reliant India Campaign package and said that many reforms have been made to facilitate business in India. Then the Finance Minister made this big announcement regarding coal, mining and defense sector ...

 Also read: - Government announces major reforms in 8 sectors, this plan to create millions of jobs

 The finance minister spoke about structural reforms in today's announcement.

 At the same time, he said that a policy shift is needed to strengthen many sectors.

 Prime Minister Narendra Modi in favor of big change, Make in India to make India self-reliant

 Efforts to increase employment productivity

 We need to build the credibility of our products

 "Reform, perform, transform is necessary," he said.

 A self-reliant India must be prepared for every challenge.

 Prioritize focusing on fundamental improvements

 Reforms like DBT and GST are important for the country

 Good investment opportunity in India

 The government is working to increase employment.

 India's emphasis on Ease of Doing Business

 Self-reliance in the coal production sector

 Commercial mining policy in the coal sector

 More coal will be received at the right price.

 Ending the government's monopoly in the coal sector

 Announcement of a major development plan in the mineral sector

 500 mining blocks will be auctioned.

 Mining leases can be transferred.

 Rs 50,000 crore will be provided for the coal sector.

 Hazari plans to have 50 new blocks in the coal field.

 In defense production, the government placed emphasis on Make in India

 The army needs sophisticated weapons

 India's goal of becoming self-sufficient in defense

 The gap between incorporation and privatization requires incorporation to make many sectors better

 A list will be made of goods which are not to be imported.

 Altai budget for indigenous weapons in the defense sector

 World class level airports will be developed with PPP model.

 Airspace will be enhanced. Currently 60% of airspace is open.

 6 airports will be developed from PPP model.

 The Airport Authority of India will be given Rs 2300 crore.


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