Scheme will be implemented in states through Challenge mode for Industrial Cluster Upgradation of common infrastructure facilities and connectivity.
Policy reforms will be undertaken in the mineral sector to enhance private investments therein. This will include structural reforms to boost growth, employment and introduce state-of-the-art technology to the sector.
FDI limit in defence manufacturing under automatic route will be raised from 49% to 74%. Time-bound defence procurement processes and faster decision making will be ushered in via policy reforms.
Restrictions on the utilization of Indian Air Space will be eased so that civilian flying becomes more efficient. This will lead to an optimal utilization of airspace and bring in a positive environmental impact.
Private sector investment in social infrastructure will be enhanced through revamped Viability Gap Funding Scheme. A total outlay of Rs. 8100 crore is sanctioned for this purpose.