Productivity Enhancement and Investment, Sunrise Opportunities, Energy Transition and Climate Action

Productivity Enhancement & Investment

Ease of Doing Business 2.0 & Ease of Living

• In recent years, over 25,000 compliances were reduced and 1486 Union laws were repealed.
• There will be active involvement of the states, digitisation of manual processes, integration of the central and state-level systems through IT bridges, a single point access for all citizen-centric services, and a standardization and removal of overlapping compliances.

Green Clearances

• The scope of a single window portal, PARIVESH, launched in 2018 for all green clearances has been expanded, to provide information to the applicants.

e-Passport

• e-Passports with embedded chip and futuristic technology to be rolled out.

Development of Urban Areas

• Modernization of building byelaws, Town Planning Schemes (TPS), and Transit Oriented Development (TOD) will be implemented.
• Five existing academic institutions in different regions will be designated as centres of excellence for developing India specific knowledge in urban planning and design, and to deliver certified training in these areas. These centres will be provided endowment funds of ` 250 crore each.
• Promote use of public transport in urban areas along with clean tech and governance solutions, special mobility zones with zero fossil-fuel policy, and EV vehicles.
• Battery swapping policy to be brought out for setting up charging stations at scale in urban areas.

Land Records Management

• Unique Land Parcel Identification Number for IT-based management of land records.

Accelerated Corporate Exit

• Centre for Processing Accelerated Corporate Exit (C-PACE) to be established for speedy winding-up of companies.

AVGC Promotion Task Force

• An animation, visual effects, gaming, and comic (AVGC) promotion task force to be set-up to realize the potential of this sector.

Telecom Sector

• Scheme for design-led manufacturing to be launched to build a strong ecosystem for 5G as part of the Production Linked Incentive Scheme.
• 5% of annual collections under the Universal Service Obligation Fund will be allocated to enable affordable broadband and mobile service proliferation in rural and remote areas
• The contracts for laying optical fibre in all villages, including remote areas, will be awarded under the Bharatnet project through PPP in 2022-23 which are expected to be completed by 2025.

Export Promotion

• Special Economic Zones Act to be replaced with a new legislation to enable States to become partners in ‘Development of Enterprise and Service Hubs’.
• AtmaNirbharta in Defence
• 68% of capital procurement budget earmarked for domestic industry in 2022-23, up from 58% in 2021-22.
• Defence R&D to be opened up for industry, startups and academia with 25% of defence R&D budget earmarked.
• Independent nodal umbrella body to be set up for meeting testing and certification requirements.

Sunrise Opportunities

Government contribution to be provided for R&D in Sunrise Opportunities like Artificial Intelligence, Geospatial Systems and Drones, Semiconductor and its eco-system, Space Economy, Genomics and Pharmaceuticals, Green Energy, and Clean Mobility Systems.

Energy Transition and Climate Action

Additional allocation of Rs. 19,500 crore for Production Linked Incentive for manufacture of high efficiency solar modules to meet the goal of 280 GW of installed solar power by 2030. Efforts will be made for circular economy transition for productivity enhancement as well as creating large opportunities for new businesses and jobs.

• Five to seven per cent biomass pellets to be co-fired in thermal power plants. This will help in-
• Four pilot projects to be set up for coal gasification and conversion of coal into chemicals for the industry.
• Financial support to farmers belonging to Scheduled Castes and Scheduled Tribes, who want to take up agro-forestry.