Measures to make India Self reliant in Coal, Minerals, Defence prodn, Civil Aviation, Airports, MRO, Power distribution, Social Infra, Atomic Energy and Space announced by FM

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

  • Project Development Cell in each Ministry
  • to prepare investible projects,
  • coordinate with investors and Central/ State Governments.
  • Scheme will be implemented in States through Challenge mode for Industrial Cluster Upgradation of common infrastructure facilities and connectivity.


Coal Sector:

  • Govt. brings Policy Reforms in Coal Sector:
  • Introduction of Commercial Mining in Coal Sector
  • Investment of Rs 50,000 crores
  • Liberalised Regime in Coal Sector


Mineral Sector:

  • Enhancing Private Investments in the Mineral Sector:
  • Structural reforms to boost growth, employment and bring state-of-the-art technology.


Defence Production:

  • Enhancing Self Reliance in Defence Production.
  • FDI limit in the defence manufacturing under automatic route will be raised from 49% to 74%.

Civil Aviation:

  • Efficient Airspace Management for Civil Aviation:
  • Restrictions on utilisation of the Indian Air Space will be eased so that civilian flying becomes more efficient.
  • More World-class Airports through PPP:
  • Another 6 airports will be put out for the third round of bidding.
  • India to become a global hub for Aircraft Maintenance, Repair and Overhaul


Power Sector:

  • A Tariff Policy laying out the reforms in
  • Consumer Rights
  • Promote Industry
  • Sustainability of Sector to be released.
  • Power Departments / Utilities in Union Territories to be privatised.

Social Infrastructure:

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

Atomic Energy

Govt. to establish research reactor in PPP mode for production of medical isotopes to promote welfare of humanity through affordable treatment for cancer and other diseases.


Space Sector:

  • Boosting private participation in Space activities:
  • Govt. to provide predictable policy and regulatory environment to private players.

India to be Aatmanirbhar Economy in the sectors of:

Coal
Minerals
Defence production
Civil Aviation: Airports, MRO
Power distribution sector
Social Infrastructure
Atomic sector and
Space

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