The fourth and fifth tranche of Aatma Nirbhar Bharat package will motivate both investment and employment. The fourth tranche is a giant step towards building a self-reliant India by bringing structural policy reforms to attract investments in key infrastructure and production sectors. The fifth tranche focuses on government reforms and enhancing the ease of doing business. Here are the key highlights of both the tranches.

Key Highlights of Fourth Tranche-

  • Policy reforms to fast-investment through Empowered Group of Secretaries (EGoS).
  • Introduction of Commercial mining in the Coal sector to bring competition, transparency and private sector.
  • Upgradation of Industrial infrastructure in clusters in states through challenge mode.
  • Removal of distinction between captive and non-captive mines to allow the transfer of mining leases and sale of surplus unused minerals.
  • Coal gasification will be encouraged through rebate in revenue share and infrastructure development of Rs 50,000 crore.
  • Private investment in the mining sector, 500 mining blocks to be offered through an open, transparent auction process.
  • Encouraging Make In India in defence production.
  • Private investment worth Rs 13,000 crore expected in airports, more world-class airports under PPP, 6 airports to be auctioned.
  • Aim to transform India into a global hub for Aircraft Maintenance, Repair and Overhaul, to increase from Rs800 crore to Rs 2000 crore in three years.
  • Reduction in flying cost to bring the benefit of Rs 1,000 crore for the aviation sector.
  • Tariff policy for reforms in consumer rights, promotion and sustainability of industries.
  • Private departments/utilities in Union Territories will be privatized.
  • Through revamped Viability Gap Funding Scheme worth Rs 8,100 crore boosting private sector in social infrastructure.
  • Encouraging private investment in space activities, future projects to be opened for the private sector.
  • For the production of medical isotopes to bolster reforms related to Atomic Energy establishment of a research reactor in PPP mode.

Key Highlights of Fifth Tranche-

  • Additional allocation of Rs 40,000 crore for MNREGA
  • PM e-Vidya Programme launched for multi-mode access to online education. Top 100 universities permitted to start online classes by 30th May.
  • IBC-related measures to enhance the Ease of Doing Business.
  • To help de-clog criminal courts and NCLT, decriminalization of Companies Act violations involving minor technical and procedural defaults.
  • Enhancement in Ease of Doing Business- Permission to direct listing of securities by Indian companies and lower penalties for all defaults for one person/small companies and startups.
  • Supporting state governments during the pandemic borrowing limits os states increased from 3% to 5% only for 2020-21