Sunday, May 17, 2020

Atmanirbhar Bharat Abhiyan Pdf

Atmanirbhar Bharat Abhiyan pdf for COVID-19 Atmanirbhar Bharat Abhiyan Pdf For full Detail About 10% GDP of Indian Economy 

Atma Nirbhar Bharat Abhiyan PDF Download: Dear Aspirants, as we all know due to Covid 19 pandemic situation all exams are postponed. After this critical situation comes to end, all the paused exams will be resumed. In those exams, there is more possibility of asking about safety measures and relief stratagem of central and state governments against Covid 19 spread. For that aspirants try to collect all the important current affairs like government actions, spread count statistics, and new technology introduced for Covid 19 preventive measures. Recently central government introduced an economical scheme named Atma Nirbhar Bharat Abhiyan, self-reliant India Mission achieves economic self-reliance. This is one of the largest economic boosts up schemes announced by a nation in the world. So, questions from Atma Nirbhar Bharat Abhiyan scheme are the more anticipatory things. So, candidates have to collect atma nirbhar bharat abhiyan pdf to get prepared on this scheme.

Atma Nirbhar Bharat Abhiyan PDF Download – Package Details
We have provided the complete package of information about atma nirbhar bharat abhiyan scheme on this page. Candidates can utilize our pdf to know about this scheme to the crust and core. From this scheme, many questions may ask in the exams, like who introduced the scheme, how much amount is announced foitr this scheme, how much equivalent to Indian GDP, and so on. So, aspirants need to know about nook and corner about the atmanirbhar bharat abhiyan scheme to answer all the questions related to this scheme. For candidates, those who are preparing for Bank, UPSC, SSC, and other competitive exams can also utilize our atmanirbhar bharat abhiyan UPSC for their worthwhile preparation. Here is the link to download atma nirbhar bharat abhiyan pdf at free of cost.
Below we have given the complete details of Atma Nirbhar Bharat Abhiyan Economic Relief Package.

First Tranche of Economic Relief - Atma Nirbhar Bharat Abhiyan
In order to rejuvenate the economy shattered by the Pandemic, PM Narendra Modi announced a special economy 
relief package of Rs20 lakh crore which was unveiled by the Finance Minister Nirmala Sitharaman in Six Tranches.
First Tranche package focuses on farmers, small companies, honest taxpayers from the middle class besides 
providing additional liquidity support to help restart the economy and also focus extensively on getting the MSMEs 
back on their feet.

First Tranche on May 13:
Collateral Free loans for MSMEs: (Rs 3lakh crore)
  1. Borrowers with up to Rs 25 crore outstanding and Rs 100 crore turnover are eligible
  2. Tenure of the loan- 4 year
  3. Moratorium- 12 months
  4. There will be a 100% credit guarantee cover and to Banks and on principal and interest and the scheme can be 
  5. availed till October 31, 2020.
  6. Rs 20,000 crore for stressed MSMEs 
  7. Rs 50,000 crore for potentially viable MSME units
  8. The fund of funds will have a corpus of Rs 10,000 crore.

New Definition of MSME:
The revision of MSME definition which had been the long-pending demand of the industry has finally seen the light of day


For NBFCs:
  1. Credit Guarantee Scheme 2.0 for NBFCs
  2. Rs 30,000 crore Special Liquidity Scheme is announced for NBFCs, Micro finance Companies, Housing finance Companies
  3. Investment will be made in both Primary and Secondary market transactions in investment grade debt paper will be fully Guaranteed by the Government.
  4. Rs 45,000 crore liquidity infusion through Partial Credit guarantee scheme 2.0

Liquidity Injection for Discoms:
  1. Government has announced Rs 90,000 crore as Liquidity Injection for DISCOMs.
  2. With Demand reduction, DISCOMs are facing Unprecedented cash flow problem.
  3. Loans to be given against state guarantees for exclusive purpose of discharging liabilities of Discoms to Genco’s

All pending Refunds to Charitable trusts, non-corporate business, LLPs and Cooperatives will be processed Immediately.
 E-Market linkage for SMEs since trade fairs and exhibitions may not be held post coronavirus in place of trade fairs, all receivables to be cleared within next 45 days
Global tenders will be disallowed in government procurement tenders up to Rs 200 crore


EPF support:
  1. EPF support of paying 24% is already borne by the government and now it has been extended for the next three months
  2.  Rs 2500 crores to be provided to benefit 70.22 lakh employees
  3. Statutory PF Contribution- from 12% to 10%
  4. All Central agencies will provide an extension of up to 6 months, without cost to contractor, to obligations like completion of work covering construction and goods and services contracts.

Relief for Real Estate Sector under RERA:
Extension of registration and completion date Certificates by 6 months

For Contractors:
  1. Extension of up to 6 months is to be provided by all central agencies like Railways, Ministry of Road Transport and Highways, CPWD.
  2. This will cover construction work and goods and services contracts, completion of works and intermediate milestones, and also concessional period in PPP contracts
Rs.52,606 crore have been transferred to 41 crore Jan Dhan account holders


Tax related:
  1. TCS and TDS rates reduced by 25% till March 31, 2021
  2. Vivaad Se Vishwas scheme is extended till December 31, 2020
  3. e date of all IT Return Filings is extended to November 30 from July 31  
  4. The TDS reduction will infuse liquidity of Rs50000 crore  
  5. Tax audit Deadline has been extended from September 30 to October 31

Second Tranche on Economy Relief Package
In order to rejuvenate the economy shattered by the Pandemic, PM Narendra Modi announced a special economy relief package of Rs20 lakh crore which was unveiled by the Finance Minister Nirmala Sitharaman in Six Tranches. Second Tranche package includes measures for Migrant workers, extension of credit facilities for urban housing, street vendors and farmers and Interest subvention scheme for small businesses.


For Migrant workers: (Rs3500 crore):
  1. Free Food grains supply to all migrants for the Next 2 months
  2. For all non - card holders 5kg of Rice/ wheat per family and 1kg of Chana will be given for the next 2 months
  3. One Nation One Ration Card will be implemented by March 31, 2021
  4. Public Distribution Scheme ration cards to be made portable to allow migrant workers to use ration cards across states
  5. Minimum wage for workers hiked from Rs 182 to Rs 202 per day. States and UTs have also been told to provide jobs to migrants

Credit Boost for Farmers: (Rs2 lakh crore):
  1. Special Drive will be undertaken to provide concessional credit to PM- KISAN Beneficiaries through the Kisan Credit Cards.
  2. It also includes Fishermen and Animal Husbandry farmers
  3. This enable Farmers to gain access to institutional credit at concessional Interest Rate

Additional Emergency working capital for Farmers: (Rs 30,000 crore):
  1. Government extends Rs30,000 crore additional emergency credit support through NABARD for Farmers in which around 3 crore farmers will be benefitted.
  2. In addition to this Rs 90,000 crore is to be provided by NABARD through the normal Refinance route during this year

CAMPA funds for Tribal: (Rs.6000 crore):
To create job opportunities for tribal/Adivasis, plans worth Rs 6,000 crore to be approved shortly under Compensatory Afforestation Management and Planning Authority (CAMPA) Funds

CLSS Scheme Extension:
  1. A Credit Linked Subvention Scheme for middle income group (Annual income Rs 6-18 lakhs) was introduced by Government in 2017 and was to end in March 2020, it is being extended up to March 2021.
  2. The Job creation in Steel and Construction material sector will increase

Interest Subvention Under MUDRA loans:
  1. Interest subvention of 2% for prompt MUDRA- Shishu Loan Payees for a period of 12 months
  2. Relief of Rs1500 crore to MUDRA- Shishu loan Payees

For Street Vendors:
  1. To support nearly 50 lakh street vendors Government, provide Rs5000 core Special credit facility.
  2. Digital payments will be incentivized for street vendors through money rewards and enhanced working capital credit

Affordable Rental Housing complexes for Urban Poor:
  1. To provide ease of living for the migrant workers/ Urban poor, Government will launch a scheme by converting government funded housing in cities into Affordable Rental Housing Complexes (ARHC) under PPP mode through concession.
  2. For migrants and the urban poor, affordable rental accommodation under PM Awas Yojana (PMAY).

Under MGNREGA:
  1. In order to employ the migrant’s workforce returning home, the government has generated 14.62 crore person days of work till May 13 to help migrants find work who have returned to their home states
  2. Expenditure Till date is around Rs10,000 crore

Liquidity support to farmers and Rural Economy:
  1. Rural Infra Development funds to states in March- Rs4200 crore
  2. Working Capital Limit of Rs6,700 crore for procurement of agri produce to states since March
  3. 63 lakh loans of Rs86,600 crore approved in agriculture between march 1 and April 30
  4. Refinancing of Rs29,500 crore provided by NABARD to cooperative banks, regional banks in March

Govt permitted states to utilise SDRF for setting up shelter for migrants


Third Tranche on Economy Relief Package
In order to rejuvenate the economy shattered by the Pandemic, PM Narendra Modi announced a special economy relief package of Rs20 lakh crore which was unveiled by the Finance Minister Nirmala Sitharaman in Six Tranches. Third Tranche Package mainly focuses on Agriculture and Allied Sectors.


Third Tranche on May 15:
Third Tranche Package mainly focuses on Agriculture and Allied Sectors. There are 11 measures announced in Third Tranche, eight were related to strengthening infrastructure, logistics and storage, while the remaining three were on governance administration and reforms


Allocation of Funds:
  1. To boost Agri Infrastructure Fund- Rs1 lakh crore
  2. For the Formalisation of Micro Food Enterprises- Rs10,000 crore
  3. Under Pradhan Mantri Matsya Sampada Yojana for development of marine and inland fisheries- Rs20,000 crore
  4. Animal Husbandry Infra Development Fund for the diary sector- Rs15,000 crore
  5. National Animal Disease Control Programme- Rs13,343 crore
  6. Promotion of Herbal Cultivation- Rs4000 crore
  7. Integrated beekeeping development centres- Rs.500 crore
  8. Operation Green- Rs500 crore

Highlights:
  1. Interest Subvention at 2% per annum to dairy cooperatives for 2020-21
  2. 55 lakh people expected to get employment from Pradhan Mantri Matsya Sampada Yojana
  3. Minimum Support Price Purchases of more than Rs 74,300 crore were made during lockdown
  4. Rs. 18,700 crores were transferred to farmers under PM-Kisan Yojana
  5. A Central Law will be formulated to provide adequate choices to the farmers to sell products at an attractive price, barrier free interstate trade and framework for e-trading of agricultural products
  6. National Medicinal Plants Board will bring 800-hectare area by developing a corridor of Medicinal plants along the banks of River Ganga.
  7. The scheme for the formalisation of Micro Food Enterprises promotes PM’s Vision of Vocal for Local with Global Outreach.
  8. The Operation Green is to ensure not just tomatoes, onions and potatoes (TOP) but all fruits and vegetables (TOTAL) were delivered from market to consumer.
  9. Rs6400 crore of Payment in Crop insurance have been made.
  10. A stock limit will be imposed only under very exceptional circumstances like national calamities, famine with surge in prices.

Fourth Tranche on Economy Relief Package:
Fourth Tranche Package mainly focuses on Eight sectors namely Coal, minerals, defence, civil aviation, space, power distribution companies in Union territories, atomic energy.

Highlights:
Coal Sector: (Rs50,000 crore)
  1. The Investment is for the Evacuation of enhanced Coal India Limited target of 1 billion tons of Coal Production by 2023-2024 and Coal Production from Private Blocks
  2. Will improve Coal availability in Market Prices
  3. Government Monopoly in Coal Sector is being abolished
  4. Revenue Sharing Mechanism is to be Carried out instead of the regime of Fixed Rupee per tonne
  5. Introduction of Commercial Mining in Coal Mining to reduce import and increase self-reliance in coal Production.

Mining of Minerals:
  1. 500 mining blocks will be offered through an open and transparent auction process.
  2. A joint auction of Bauxite & Coal mineral blocks will be introduced to enhance Aluminium industry’s Competitiveness.
  3. Rationalisation of stamp duty payable at the time of award of mining leases
  4. Ministry of Mines in the process of Developing a Mineral Index for Different Minerals
  5. Seamless composite Exploration cum mining cum production regime be introduced
  6. Remove Distinction between captive and non- captive mines to allow transfer of mining leases and sale of surplus unused minerals

For Defence:
  1. FDI Limit in defence manufacturing under automatic route raised from 49% to 74%
  2. To reduce huge Defence Import Bill, Separate Budget provisioning for domestic capital Procurement is to be Carried out
  3.  Make in India for Self-reliance in Defence Production
  4.  Faster Decision making and Time bound defence Procurement
  5.  Corporatisation of Ordnance factory Board to improve Accountability, Anatomy and Efficiency.
  6.  Indigenisation of Imported Spares

Aviation:
  1. India to become a global hub for Aircraft Maintenance, Repair and Overhaul (MRO)
  2. Aircraft component repairs and Airframe maintenance to increase from Rs800 crores to Rs2000 crores in 3 years
  3. Restriction on Utilisation of Indian Airspace will be eased
  4. Total benefit of about Rs1000 crore per year for the aviation sector
  5. To have very big implication in India’s fuel import bill, Government is coming up with the optimum utilisation of Air space to save money, fuel and time.

Social Infrastructure:
Boosting Private sector investment in Social infrastructure through revamped Viability Gap Funding Scheme of Rs8100 crores


Private Participation in Space Agency:
  1. Indian Private sector to be a co traveller in India’s space sector journey.
  2. Future Projects for Planetary exploration, Outer space travel to be open for the private sector
  3. The private sector will be allowed to use ISRO facilities and other assets to improve their capacities.

Other Important Highlights:
  1. All Industrial Parks will be ranked in 2020-21
  2. States will be ranked on investment attractiveness for new investments, Project development cells have been formed, Champion sectors.
  3. Establishing a research reactor in PPP mode for the production of Medical Isotopes to promote welfare of humanity through affordable treatment for cancer and other diseases
  4. Fast track investment clearance through empowered group of secretaries
  5. Using Technology land parcels are mapped using GIS and are utilised properly.
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Original Source : exampundit