Highlights:

• India the 3^rd largest economy.


• India a 3 trillion USD economy to grow to 5 trillion USD soon.


• Focus on Bharatmala and Sagarmala projects.


• 657 kms of metro network connectivity.


• Government to help Aircraft financing.


• FAME-2 (Faster Adoption and Manufacturing of (Hybrid) and Electric vehicles in India) to encourage Electrical Vehicles.


• Committed to last mile delivery.


• Believe in minimum Government-Maximum Governance.


• One nation – one grid for power connectivity.


• 59 min on top loan sanction scheme to MSME’s upto Rs. 1. Crore. (Rs.350 crs allocated).


• New law soon for people living in rent across states.


• Freight, passenger travel to get cheaper.


• Pension Benefit for 3 crores shopkeepers and traders by submission of Aadhar and self declarations.


• Infrastructure will need 30 trillion USD investment till 2030.


• Social enterprises, voluntary organization can get listed in a new social stock exchange.


• To do away with cross subsidy.


• Right time to increase public holdings in PSU’s.


• FDI inflows robust despite global headwinds.


• 100% FDI in Insurance Intermediaries permissible.


• Annual global investors meet proposed.


• Will open FDI in Aviation Media and Insurance.


• Will Merge NRI investment with FPI.


• Rural lives transformed with Ujwala Yojana.


• By 2022, every single rural family will have an electricity and clean cooking facility.


• PMAS-G to achieve Housing for All by 2022.


• PMGSY-II allocation of Rs.80250 crs (125000 kms) over next 5 years.


• SFRUTI – Scheme for Rural upgradation of traditional industries.


• ASPIRE – Develop 75000 skilled rural entrepreneur in Agro Rural Sector.


• 20 technology incubators to be set up.


• Water for all by 2024 – Har Ghar Jal Scheme.


• Swachh Bharat Abhiyan – 9.6 crore toilets constructed since 2014.


• PM Gramin Digital Saksharta Abhiyan – 2 crore Indians made digitally literate.


• Proposal to increase metro connectivity via PPP models.


• NPA’s dipped by Rs. l lakh crore.


• Recapitalisation of PSU Banks by Rs. 70000 crores.


• NBFC’s – liquidity support through banks mooted with one time guarantee of Rs. 10000 crores during this FY.


• Efficient regulation of housing important.


• Return regulation of housing from NHB to RBI.


• Will increase retail participation in CPSE’s.


• Strategic disinvestment of Air India.


• Rs. 105000 lakh crores for disinvestment.


• India’s foreign debt/GDP lowest.

Disclaimer:

The views of the authors/publishers should not be construed as advice. Investors must make their own investment decisions based on their specific investment objectives and financial positions and using qualified advisors as may be necessary. Opinions expressed in various articles are not necessarily those of Wealthmax Enterprises Management Private Limited(WEMPL) or any of its directors, officers, employees and personnel. Consequently, WEMPL or any of its directors, officers, employees and personnel do not accept any responsibility for the editorial content or its accuracy, completeness or reliability and hereby disclaim any liability with regard to the same. Stock picks and mutual fund snapshots are not exhaustive and should not be construed as recommendations.