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

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- Spring '14
- Lefkarites,Mary
- lakh crore, Rs.21.57 lakh crore