Expenditure Management Commission announced, to overhaul subsidy regime
liberal tax regime proposed for Foreign Portfolio Investors (FPIs)
To review Direct Taxes Code (DTC) regime, and take a call soon on it
Introduction of Goods and Services Tax (GST) to streamline tax administration
FDI in insurance sector to be raised from 26 per cent to 49 per cent.
Pending Insurance laws (Amendment) Bill to be taken up soon
FDI in defence sector to be raised to 49 per cent with full Indian management and control
Through the FIPB route.
SEZs to be revived, to be made into effective instuments of industrial production
To fast-track infra projects through PPP mode, 3P India with Rs 500 crore corpus to be set up.
Much delayed MMDR Act, 1957 to be introduced to speed up reforms in mining sector.
Investments worth Rs 38,000 crore to be infused in roads and highways sector.