Finance Minister Nirmala Sitharaman  addressing a press conference in New Delhi on May 16, 2020.
Finance Minister Nirmala Sitharaman addressing a press conference in New Delhi on May 16, 2020.
Business & Economy

Sitharaman untangles regulations in mining, defence sectors

IANS

New Delhi, May 16, 2020

Finance Minister Nirmala Sitharaman on Saturday gave a massive reform boost to the mining, defence, civil aviation and power distribution sectors under the government's Rs 20 lakh crore economic package for the "Self-reliant India" mission announced by Prime Minister Narendra Modi recently.

Besides, viability gap funding has been provided for the creation of social infrastructure like hospitals, while PPP model has been proposed for the country's space programme.

The government also decided to establish research atomic reactor in PPP mode for the production of medical isotopes to provide affordable treatment for cancer and other diseases.

The minister detailed reforms for eight key sectors which will be supported and promoted via structural reforms.

IANS

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