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In detail: Everything that the Finance Minister announced

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Google Oneindia News

New Delhi, May 16: Nirmala Sitharaman in her fourth briefing focused on coal, minerals, defence production, airports, airspace management, maintenance/repair/overhaul, power distribution companies in UTs, space and atomic energy.

There were a host of announcements that were made. You can check each of them in detail below.

Policy reforms

Policy reforms

'Govt. to bring in Policy Reforms to fast-track Investment

Industrial infrastructure

Industrial infrastructure

Scheme will be implemented in States through Challenge mode for Industrial Cluster Upgradation of common infrastructure facilities and connectivity

Coal sector

Coal sector

Govt. brings Policy Reforms in Coal Sector

Mineral sector

Mineral sector

Enhancing Private Investments in the Mineral Sector

Defence production

Defence production

Enhancing Self Reliance in Defence Production

Defence related

Defence related

FDI limit in the defence manufacturing under automatic route will be raised from 49% to 74%

Air space management

Air space management

Efficient Airspace Management for Civil Aviation

Airports

Airports

More World-class Airports through PPP

MRO

MRO

India to become a global hub for Aircraft Maintenance, Repair and Overhaul (MRO)

Privatisation of power distribution

Privatisation of power distribution

Power Departments / Utilities in Union Territories to be privatised.

Boosting private sector investment

Boosting private sector investment

Boosting private sector investment in Social Infrastructure through revamped Viability Gap Funding Scheme with a Total outlay of Rs 8100 crores

Space sector

Space sector

Boosting private participation in Space activities

Atomic energy

Atomic energy

AatmaNirbharDesh in the Atomic Energy Sector

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