🔴Aatm-Nirbhar Bharat Compilation [I - V] Points out

✅️ Economic Stimulus I : 

1] The rates of tax deduction at source(TDS) and tax Collection at source (TCS) have been cut by 25% for the FY 2020-21

2] The statutory provident fund (PF) payments  have been reduced from 12% to 10% for both employers and employees for the next three months. 

3] NBFC's Housing finance companies & microfinance institutions serve the MSME sector financially and will be supported thorough a Rs.30,000 crore investment scheme fully guranted by the centre. 

4] Power distribution companies which are facing an unprecedented cash flow crisis and this will receive Rs.90,000 crore liquidity injection. 

5] Rejected real estate projects will get a six month extension for registration and completion of real estate projects under Real  Estate ( Regulation & Developement ) Act PERA With Covid -19 to be treated as a " Force Majeur" event.

6] The defination of an MSME's has been expanded to allow for hogher investment limits and introduction of turnover based criteria. There will be no difference between a manufacturing MSME and a services MSME's. 

7] Instead of directly infusing money into the economy or giving it to MSME's the government will offer credit guarantee MSME's. 

✅️ Economic Stimulus II :

1] Allocation of additional food grain to all the states UTs ( 5 kg per migrate labourer per 1 kg chana per family per month ). For two months.( May & June 2020 ) free of cost. This move is an extension of the Pradhan Mantri Garib Kalyan Yojna. 

2] One Nation One Ration card - 67 beneficiaries covering 83% of Power Distribution System ( PDS) population will be covered by National portability will be achieved by March 2021.

3] Government funded houses in this cities will be converted into Affordable Rental Housing Complexes under PPF mode ( Publi Private Partnerships ) for migrant workers and urban poor. 

4] A scheme will be launched to facilitate easy access to credit to street vendors and enable them to restart their bussiness. 

5] The Credit Linked Subsidy Scheme For Middle Income Group (MIG, aanual income between ₹6 to ₹18 lakhs) will be extended upto March 2021.

6] Special drive to provide Concessional Credit to Pradhan Mantri Kisan Samman Nidhi, PM Kisan beneficeries through kisan credit cards. It will inject additional Liquidity of ₹2 lakh crorein the farm sector.

✅️ Economic Stimulus III : 

1] Agri Infrastructure Fund will be credited with financing facilities of ₹ 1,00,000 crore for funding agricultural infrastructure projects at farm gate and aggregation points. 

2] A ₹1,000 crore scheme promoting ' Vocal for Local with Global Outreach ' will be launched to help ₹ 2 lakh Micro Food Enterprises MFE's who need company upgradation to attain Food standards build brands and marketing. 

3] Pradhan Matri Matsya Sampada Yojna will be launched for integrated, substinable, inclusive development of marine and inland fisheries. 

4] National Animal Disease Control Programme  for foot and Mouth Disease and Brucellosis launched with a total outlay of ₹13,343 crore to ensure 100% vaccination of Cattle,Buffalo  Sheep, Goat and Pig population. 

5] Operation greens run by the Ministry of Food processing industries will be extended from Tomatoes, Onion and Potatoes to all fruits and vegetables, with an outlay of ₹500 crore.

6] Under the amendments to the essential commodities Act, agricultural food stuffs including cereals, edible oils, oilseeds, pulses, onions and potatoes shall be deregulated. 

7] A central law will be formulated to provide Agricultural Marketing Reforms. 

✅️ Economic Stimulus IV :

1] The introduction of commercial mining will remove the government monopoly in Coal Mining. India has the third largest coal availability within its untapped mines and yet indial still imports coal. 

2] The infrastructure development worth of ₹ 50,000 crores will be done to achieve the Coal India Limited's ( CIL ) target of 1 billions tons of coal production by 2023-24 plus coal production form private blocks. 

3] 500 Mining Blocks would be offered through and open and transparent auction process under Exploration cum- mining -cum production regime. 

4] The FDI limit in defence manufacturing under automatic route will be raised from 49% to 74%. The government will notify a list of weapons banned for imports and thus such items can only be purchased from India. 

5] The restrictions on the utilisation of India airspace will be eased so the flying of civilian aircraft becomes more efficient. Such utilisation is expected to bring in benefits of nearly ₹1000 crore per year. 

6] The power departments in Union territories  will be privatised. 

7] The government is expected to invest Rs. 8100 crores through Viability Gap Funding (VGF) in social infrastructure projects. 

8] The government will be providing a level playing field for private companies in satellites, planetary exploration, outer space travel launches and space based services. 

9] Research Reactor in PPT mode will help to produce medical isotope for affordable treatment of cancer and other diseases. 

✅️ Economic Stimulus V :

1] The government will allocate an additional Rs.40,000 crores under Mahatma Gandhi National Rural Employement Guarantee Act, 2005 ( MGNREGA ). It will help generate nearly 300 crore personal days in total.

2] Public Expenditure on Health will be increased by investing in grass root health institutions and ramping up health and wellness centres in rural and urban areas. setting up of Infectious Diseases Hospital Blocks in all districts.Implementation of National Digital Health Blueprint under the National Digital Health Mission.

3] Manodarpan, an initiative for Psycho-social support for students, teachers, families for mental health and emotional well being will be launched. 

4] Government will launch PM eVIDYA, a programme for multimode access to digital/online education with immediate effect.

5] Minimum threshold to initiate insolvency proceedings has been raised to Rs.1 crore ( fr Rs.1 lakh which largely insulates Micro small and Medium Enterprises).

6] The centre has decided to increase borrowing limits of states from 3% to 5% for 2020-21 only which will give states extra resources of Rs.4.28 lakh crore.

7] As a part of Ease of Doing business, private companies which list Non convertible Debentures on stock exchanges not to be regarded as listed companies.

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