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Raksha Mantri invited greater participation of Israeli defence companies under new liberalised foreign direct investment (FDI) regime in defence manufacturing.
The selected manufacturers shall have to complete committed investment above a threshold investment mandated for each product and achieve a prescribed minimum installed capacity before they are eligible to receive incentives.
The Finance Minister mentioned that to give a boost to the infrastructure development, India has launched the National Infrastructure Pipeline (NIP) 2020-2025 with estimated expenditure of 1.4 trillion that has created a plethora of fresh investment opportunities for AIIBs partnerships.
Financing Education The Centre and the States will work together to increase the public investment in Education sector to reach 6 of GDP at the earliest.
The scheme designed by KVIC on PPP mode is unique in the sense that in a very less investment , it will create sustainable employment and help private Agarbatti manufacturers to scale up Agarbatti production without any capital investment by them.
Recently, the MSME umbrella has been expanded and industry with investment value uptoRs 50 crore and turnover uptoRs 250 crore has been covered in the new definition of MSME.
He mentioned that investment should be increased in localised early warning system so that people in a particular area can be provided with timely warning in case of any threatening situation such as breach of river embankment, inundation level, lightning etc.
He informed that investment in infra and insurance sectors has been opened up, as there are huge opportunities in insurance, pension and share economies.
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