Reform 4.0 package promises a better tomorrow for the sectors in focus

The measures announced should be viewed as beneficial, where they seek to bring in more private investment in mining, coal, airports, social infra and power by removing existing constraints

Just like the series of lockdowns, going from 1.0 to 3.0, with a 4.0 not being ruled out, so have been the government’s stimulus packages that are now in the fourth stage. This time, the finance minister has taken on the issue of reforms in eight sectors and is hence quite divorced directly from the pandemic crisis. However, will contribute to a better tomorrow for these sectors. While there are no relief packages as such, there is facilitation of more investment.

The steps taken in coal and minerals are quite positive for the country, as permitting coal mining by auctioning