Mumbai’s local train network to have 90 kilometers of double line tracks at Rs.11,000 crore cost 150 km of additional suburban network planned for Mumbai Airport Airport capacity to be increased to handle more than five times to handle a billion trips a year Regional connectivity Scheme (RCS)- 56 unserved airports and 31 unserved helipads to be connected Unified authority will be established for regulating all financial services Digital Economy Allocation doubled on Digital India programme to Rs 3073 crore. NITI Aayog to initiate national program to direct efforts in artificial intelligence Department of Science & Technology (DST) to launch Mission on Cyber-Physical Systems 5 lakh wifi hotspots will be set up to provide net-connectivity to five crore rural citizens 10000 crore for creation and augmentation of telecom infrastructure Defence Defence gets lowest allocation since 1962 i.e. 1.58% of GDP. Government has increased defence budget by 5.91% for FY 2018-19 to Rs 2,95,511.41 crore. An additional amount of Rs 1,08,853.30 crore has been provided for defence pension Government to develop two defence industrial production corridors. Disinvestment and Gold Disinvestment & Gold Disinvestment target of Rs.72,500 crore exceeded and expected receipts is of Rs.1,00,000 crore. New disinvestment target for 2018-19 is of Rs. 80,000 crore. National Insurance Co. Ltd., Oriental India Insurance Co. Ltd. and United India Assurance Co. Ltd to be merged into a single entity Comprehensive Gold Policy to be formulated to develop gold as an asset class. Gold Monetization Scheme to be revamped to enable people to open a hassle-free Gold Deposit Account
You've reached the end of your free preview.
Want to read all 3 pages?
- Spring '14
- lakh crore, Rs.21.57 lakh crore