The Centre announced structural reforms in eight sectors in the fourth tranche of its economic package amid Coronavirus lockdown. The reforms introduced affect 8 sectors namely – Coal, defence production, minerals, civil aviation (Airports, Airspace Mgmt & MRO), power distribution in UTs, Space and atomic energy.
1. Coal sector: Commercial mining in coal sector
Introduction of Commercial Mining in Coal Sector
Investment of Rs 50,000 crores
Liberalised Regime in Coal Sector
2. Mineral sector: Seamless exploration-cum-mining-cum-production regime
Enhancing Private Investments in the Mineral Sector: Structural reforms to boost growth, employment and bring state-of-the-art technology
3. Defence production: Corporatisation not privatisation of Ordance Factory Board Enhancing Self Reliance in Defence Production : ‘Make in India’ for #aatmanirbharbharart in Defence Production#AatmaNirbharEconomy
FDI limit in the defence manufacturing under automatic route will be raised from 49% to 74%: #AatmanirbharBharart in Defence.
4. Civil aviation: Airspace management, MRO hub in India, auction of airports
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.
in Civil Aviation Sector:#India to become a global hub for Aircraft Maintenance, Repair and Overhaul
5. Power distribution in Union territories to be privatised
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.
6. Social infrastructure to be revamped though Rs 8000 crore Viability Gap Funding scheme Boosting private sector investment in Social Infrastructure through revamped Viability Gap Funding Scheme with a Total outlay of Rs 8100 crores #AatmaNirbharEconomy
7. Private participation boost in Space exploration Boosting private participation in Space activities: Govt. to provide predictable policy and regulatory environment to private players#AatmaNirbharEconomy in Space Sector
8. Atomic Energy-related reforms 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.#AatmaNirbharDesh in the Atomic Energy Sector#AatmaNirbharEconomy
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