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GOALS OF AMRIT KAAL
- Fcus on growth and all inclusive welfare
- Promoting technology enabled development, energy transition and climate action
- Virtuous cycle starting from private investment, crowded in by public capital investmento
FOUR PRIORITIES
- PM GatiShakti
- Inclusive Development
- Productivity Enhancement and Investment, Sunrise Opportunities, Energy Transition and Climate Action
- Financing of Investments
PM GatiShakti
- Driven by seven engines: Roads, Railways, Airports, Ports, Mass Transport, Waterways, and Logistics Infrastructure.
- National Master Plan aimed at world class modern infrastructure and logistics synergy Formulation of Master Plan for expressways. Completing 25000 km national highways in 2022-23
- Unified Logistics Interface Platform allowing data exchange among all mode operators
- Open Source Mobility Stack for seamless travel of passengers
- 4 Multimodal Logistics parks through PPP to be awarded in 2022-23
- Multimodal connectivity between mass urban transport and railway stations
- National Ropeways Development Plan as sustainable alternative to conventional roads.
- Capacity building for infrastructure Projects.
Agriculture and food processing
- Promoting chemical free natural farming starting with farmers’ lands close to river Ganga
- Promoting post harvest value addition, consumption and branding of millet products
- Delivery of Digital and Hi-Tech services to farmers in PPP mode.
- Use of Kisan Drones to aid farmers.
- Launching fund with blended capital to finance agriculture start ups
- Implementation of Ken Betwa Link Project benefitting 9.1 lakh hectare farm land, providing drinking water to 62 lakh people and generating 130MW power.
- 5 more such projects under process of implementation.
Education
Universalisation of Quality Education
- One class One TV channel programme to be expanded to 200 TV channels
- A Digital University will be established with world class quality universal education
- Virtual labs and skilling e-labs to promote critical thinking skills and stimulated learning environment
- High quality e-content will be delivered through Digital Teachers.
Skill Development
- Digital Ecosystem for Skilling and Livelihood (DESH-Stack e-portal) will be launched to promote online training
- Startups will be promoted to facilitate Drone Shakti for Drone-As-A-Service
HEALTH
- National Digital Health Ecosystem will be rolled out
- National Tele Mental Health Programme will be launched for quality counselling
- Integrated architecture: Mission Shakti, Mission Vatsalya, Saksham Anganwadi, and Poshan 2.0 to be launched
- Two lakh Anganwadis to be upgraded to Saksham Anganwadis
All inclusive welfare focus
Har Ghar, Nal Se Jal:
3.8 crore households to be covered in
2022-23
PM Awas Yojana:
80 lakh houses to be completed in 2022-23
PM-DevINE:
To fund infrastructure and social development
based on felt needs of the North East
Aspirational Blocks Programme:
For development of lagging
blocks of aspirational districts
Vibrant Villages Programme:
Targeting development of
villages on the Northern Border left out from the development
gains
Digital Banking by Post Offices:
100% of post offices to come
on the core banking system
Digital Payments:
Scheduled Commercial Banks to set up 75
Digital Banking Units in 75 districts.
MSME
- Interlinking various portals
- Extending ECLGS with focus on hospitality and related enterprises
- Revamping CGTMSE
- Raising and Accelerating MSME Performance (RAMP) programme will be rolled out.
Productivity enhancement and investment
Ease of Doing Business 2.0
- Trust based governance
- Integration of central and state level systems through IT bridges
- Expanding scope of PARIVESH Portal
- Unique Land Parcel Identification Number for IT based management of land records.
- Establishing C-PACE to facilitate voluntary winding up of companies
- End to end online e-Bill System and utilising surety bonds in government procurement.
- AVCG promotion task force
- Support to 5G under PLI scheme
- Opening up defence R&D for industry, startups and academia.
Ease of Living
- Issuance of chip embedded ePassports
- Modernisation of building byelaws, implementing Town Planning Schemes and Transit Oriented Development
- Establishing Centres of Excellence in urban planning
- Providing a battery swapping policy as an alternative to setting up charging stations in urban areas
Financing of investment
Public
investment to
continue to
pump prime
private
investment and
demand in
2022-23
Introduction
of Digital
Rupee by
RBI starting
2022-23
Providing greater fiscal space to States
- Enhanced outlay to Scheme for Financial Assistance to States for Capital Investment
- For 2022-23 States will be allowed a fiscal deficit of 4% of GSDP of which 0.5% will be tied to power sector reforms
Tax proposals
Allowing taxpayers to file Updated Return within 2 years for correcting errors
- • Tax relief to persons with disability
- Reducing Alternate Minimum Tax Rate and Surcharge for Cooperatives.
For Pensioners
Increasing tax deduction limit on
employer’s contribution to NPS
account of state government
employees
Extending period of incorporation of eligible startups for providing tax incentives.
- Income from transfer of virtual assets to be taxed at 30%
- Better litigation management to avoid repetitive appeals.
Any Surcharge or Cess on Income and Profits not allowable as business expenditure
- Customs administration to be fully IT driven in SEZs
- Phasing out concessional rates in capital goods and project imports gradually and apply a moderate tariff of 7.5%
- Review of customs exemptions and tariff simplification
- Customs duty rates are being calibrated to provide a graded rate structure to facilitate domestic electronics manufacturing
- Rationalisation of exemptions on implements and tools for agri sector manufactured in India
- Extension of customs duty exemption to steel scrap
- Reduction of duty on certain inputs required for shrimp aquaculture
- Unblended fuel shall attract additional differential excise duty
Ministry wise allocations
| Ministry of Communications | 105406.82 Cr. |
| Ministry of Chemicals and Fertilisers | 107715.38 Cr. |
| Ministry of Agriculture and Farmers' Welfare |
132513.62 Cr. |
| Ministry of Rural Development | 140367.13 Cr. |
| Ministry of Railways | 185776.55 Cr. |
| Ministry of Road Transport and Highways |
199107.71 Cr. |
| Ministry of Consumer Affairs, Food and Public Distribution |
217684.46 Cr. |
| Ministry of Defence | 525166.15 Cr. |
