New Delhi, May 16: Finance Minister Nirmala Sitharaman will unveil the last tranche of Rs 20 Lakh Crore mega economic package at 11 am on Sunday. During all the last four press briefing on the economic stimulus, the Finance Minister had held the media address at 4 PM. The announcements are part of the Rs 20 lakh crore economic package announced by Prime Minister Narendra Modi amounting to 10 per cent of the gross domestic product (GDP).

The fourth tranche of economic stimulus package with an aim to boost growth and create jobs focused on structural reforms. In her media briefing, Sitharaman said the focus of the fourth stimulus was coal, minerals, defence production, civil aviation sector, power distribution companies in Union Territories, space sector and atomic energy sector. Commercial Mining, FDI Hike in Defence, Space Exploration for Private Sector: What Nirmala Sitharaman Announced in 4th Tranche of Economic Stimulus.

Finance Minister Nirmala Sitharaman on Saturday gave massive reform boost to mining, defence, civil aviation and power distribution sectors under the government's Rs 20 lakh crore economic package for the 'Self-reliant India Movement' announced by Prime Minister Narendra Modi recently.

In a big-bang reform measure, the government decided to raise the limit for foreign direct investment (FDI) for defence manufacturing from 49 to 74 per cent under the automatic route. Sitharaman said India's robust start-up ecosystem will be linked to the nuclear sector and Technology Development cum Incubation Centres will be set up fi Demands His Immediate Arrest

New Delhi, May 16: Finance Minister Nirmala Sitharaman will unveil the last tranche of Rs 20 Lakh Crore mega economic package at 11 am on Sunday. During all the last four press briefing on the economic stimulus, the Finance Minister had held the media address at 4 PM. The announcements are part of the Rs 20 lakh crore economic package announced by Prime Minister Narendra Modi amounting to 10 per cent of the gross domestic product (GDP).

The fourth tranche of economic stimulus package with an aim to boost growth and create jobs focused on structural reforms. In her media briefing, Sitharaman said the focus of the fourth stimulus was coal, minerals, defence production, civil aviation sector, power distribution companies in Union Territories, space sector and atomic energy sector. Commercial Mining, FDI Hike in Defence, Space Exploration for Private Sector: What Nirmala Sitharaman Announced in 4th Tranche of Economic Stimulus.

Finance Minister Nirmala Sitharaman on Saturday gave massive reform boost to mining, defence, civil aviation and power distribution sectors under the government's Rs 20 lakh crore economic package for the 'Self-reliant India Movement' announced by Prime Minister Narendra Modi recently.

In a big-bang reform measure, the government decided to raise the limit for foreign direct investment (FDI) for defence manufacturing from 49 to 74 per cent under the automatic route. Sitharaman said India's robust start-up ecosystem will be linked to the nuclear sector and Technology Development cum Incubation Centres will be set up for fostering synergy between research facilities andtech-entrepreneurs.

(The above story first appeared on LatestLY on May 16, 2020 05:36 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).