Thread by @priyankadeo

Key highlights #AatmaNirbharEconomy Part 4

Focused on:
+Coal
+Mining
+Defense
+Airspace management
+Energy
+Space
+Atomic Energy

@nsitharamanoffc @nsitharaman @FinMinIndia

Coal Sector: 🚧
+commercial coal mining based on a revenue sharing mechanism
+Rs 50,000cr allotted for evacuation infrastructure
+Coal bed methane will be auctioned

#AatmaNirbharEconomy

Mining Sector: ⛏️
+defined differences between captive & non-captive mines dissolved. This will increase & encourage private investment in this sector.

#AatmaNirbharEconomy

Defense Sector: 🪖🇮🇳
+For bans on imports, GoI will release weapons and platforms. This will fall under defense protection
+FDI limit in defence manufacturing increased to 74% (previously it was 49%)

#AatmaNirbharEconomy

Airspace Management ✈️
+Restrictions eased on using Indian airspace
+1000 crore rupees per year will be brought in
+6 more airports will be auctioned under PPP model
+investments to improve facilities will happen in 12 airports

#AatmaNirbharEconomy

Energy Sector:
+power distribution companies in UTs privatized & in line with tariff policy
+Rs 8100cr VGF (viability gap funding) allotted for social infra projects

#AatmaNirbharEconomy

Space Sector: 🚀
+private sector will be allowed to use ISRO facilities and other relevant assets to improve capacity

#AatmaNirbharEconomy

Atomic Energy/Nuclear Power Sector: ⚛️
+Technology development & incubration centres set up to link start-up ecosystem to nuclear system

#AatmaNirbharEconomy