Indian Development News 🇮🇳
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Budget to initiate reforms in 6 domains -- taxation, urban development, mining, financial sector, power and regulatory reforms ~ Finance Minister

#Budget
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Govt to launch 6-year program for Atamnirbharta in pulses with special focus on tur, urad, and masoor.
Nafed and NCCF will procure pulses in the next four years. ~ Finance Minister

#Budget
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A new urea plant with a 12.7 lakh metric ton annual capacity will be established in Namrup, Assam

#Budget #GreenEnergy
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The investment and turnover limits for classification of all MSMEs will be enhanced to 2.5 and 2 times respectively.

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A scheme for 5 lakh SC, ST women entrepreneurs to provide term loans upto 2 crore rupees during the next 5 years.

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National Institute of Food Technology, Entrepreneurship and Management to be set up in Bihar to provide a strong fillip to food processing activities in the entire Eastern region.

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Government to enhance limit for interest subvention scheme for Kisan Credit Card from Rs 3 lakh to Rs 5 lakh.

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Funds for startups to be set up with Rs 10,000 crore contribution from Government

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3 Center of Excellence on AI will be setup with outlay of 500 Crore

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Jal Jeevan Mission extended till 2028, to ensure 100% Coverage

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4 New Greenfield Civilian Airport to be Opened in Bihar

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Nuclear Energy Mission for Viksit Bharat. Development of at least 100 gW of Nuclear energy by 2047

Atomic Energy Act and Civil Liability for the Nuclear Damage Act will be amended

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The Government will setup an Urban Challenge Fund of Rs 1 lakh crore to implement the proposals to make cities as growth hubs

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Government to launch focused scheme for footwear, leather sector,
to initiate measures to make India a global toy manufacturing hub.

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Indian Development News 🇮🇳
Nuclear Energy Mission for Viksit Bharat. Development of at least 100 gW of Nuclear energy by 2047 Atomic Energy Act and Civil Liability for the Nuclear Damage Act will be amended #Budget
As a part of Nuclear Energy Mision for Research and Development, at least five indigenously developed small modular (nuclear) reactors will be operationalised by 2033

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Broadband connectivity to be provided to all government secondary schools and primary healthcare centres.

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Government to launch Bharartiya Bhasha Pushtak scheme to provide digital form of Indian language books for Schools and higher Education

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10,000 additional seats to be added in medical colleges next year and 75,000 seats to be added in next 5 years.

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FDI limit for insurance sector will be raised from 74% to 100%

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A New Income Tax Bill Will Be Introduced Next Week

#Budget #Tax
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A digital public infrastructure - 'Bharat Trade Net' (BTN) for international trade will be setup as a unified platform for trade documentation and financing solutions. The BTN will be aligned with international practices

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