Project Development Cell in each Ministry.
Ranking of States on Investment Attractiveness to compete for new investments.
Incentive schemes Promoting New Champion Sectors to be launched.
Industrial parks to be ranked - system to be ready by 2020-2021
States to compete with each other to attract investments. Single Window Portal to facilitate the same.
3. Defence Production
4. Aerospace Management
6. Power Distribution Companies
8. Atomic Energy
Introduction of Commercial Mining of Coal in the sector.
Government to liberalize entry norms.
Revenue Sharing models instead of fixed rupee/tonne cost.
No eligibility conditions - only upfront payment with a ceiling
MASSIVE MASSIVE change!
₹50,000cr to be spent to create evacuation infrastructure for the mined coal.
Now we will see a lot of people making money of coal instead of just the old players.
Exploration - Mining - Production to be offered together.
500 mining blocks to be offered.
Joint auction of Mineral Blocks together for different products.
End to end support for composite business models.
No distinction between captive and non-captive mines.
Rationalization of stamp duties on mining leases to be made.
(So they ARE firing on all cylinders TODAY 😊)
Corporatization of ORDINANCE FACTORY BOARDS - MASSIVE
List of Weapons/Platform to be notified for banning of imports - will be procured locally through Make in India.
Separate budget provisioning for domestic capital procurement.
The aim is for better management.
Listing on Stock Exchanges expected.
They will be more accountable, and efficient.
Project Management Units to support contract management.
Realistic setting of General Staff Qualitative Requirements (GSQR) to be done.
Efficient trial and testing procedures to be made.
Restriction on Indian Air Space to be eased.
Currently 60% airspace is free for use. Opening up in 2 months.
1. Optimum Utilization of Airspace
2. Reduction in Fuel consumption
3. Reduction in Time.
4. Positive Environmental impact.
Airport Authority of India to open 6 more airports under the Public - Private Partnership.
Investment expected - ₹13,000 cr.
AAI to receive down-payments worth ₹2,300cr.
India to be a target for becoming a MRO hub for general aviation, civil aviation and defence aircrafts.
Changes to Taxation made during Union Budget to be implemented (GST rationalized).
To be privatized. (NEW ANNOUNCEMENT)
A new tariff policy to be announced. (Announced in Union Budget 2020)
Focus on :
1. Consumer Rights
2. Promote Industry
3. Sustainability of Sector
₹8,100 cr. to be spent to offer upto 30% of the project cost via Viability Gap Funding for projects like hospitals and other social infrastructure projects.
Private Companies to be encouraged to invest more under PPP Mode
Establishment of Research Reactor in PPP Mode
Till now Atomic Energy sector is limited to Government of India.
Establishment of Technology Development cum Incubation Centres to promote research and development in this sector.