FM LIVE: Govt ends coal mining monopoly, allows pvt firms in space research

Finance Minister Nirmala Sitharaman on Saturday unveiled the fourth set of stimulus measures to bring structural reforms in coal, minerals, defence production, aviation (airspace management, airports, MRO), power discoms in UTs, space and atomic energy sectors. The stimulus is part of Rs 20 trillion fiscal and monetary package announced by Prime Minister Narendra Modi to support the economy battered by the coronavirus pandemic.

On Friday, the government unveiled 11 measures aimed at supporting agriculture and farmers including an impetus on the fisheries sector. While eight of the measures aimed at financial support, three measures called for governance reforms. The Minister had on Thursday announced Rs 3.16 trillion support for vulnerable sections, including migrant workers, farmers, tribals, street vendors, and the middle class.. 

On Wednesday she announced measures of nearly Rs 5.94 trillion to provide relief to small businesses, taxpayers, shadow banks, power distribution companies, real estate, organised sector employees, and contractors working with the government.