![Boosting private sector investment in Social Infrastructure through revamped Viability Gap Funding Scheme - Rs 8100 crores Boosting private sector investment in Social Infrastructure through revamped Viability Gap Funding Scheme - Rs 8100 crores](https://cdn.statically.io/img/www.letsstudytogether.co/wp-content/uploads/2020/05/Annotation-2020-05-19-102500-696x404.png?quality=100&f=auto)
Boosting private sector investment in Social
Infrastructure through revamped Viability Gap
Funding Scheme – Rs 8100 crores
- Social Infrastructure Projects suffer from poor viability.
- Government will enhance the quantum of Viability Gap Funding upto 30% each of Total Project Cost as VGF by Centre and State/Statutory Bodies.
- For other sectors, VGF existing support of 20 % each from GoI and States/Statutory Bodies shall continue.
- Total outlay is Rs. 8100 crores
- Projects to be proposed by Central Ministries/ State Government/ Statutory entities.
Boosting private participation in
Space activities
- Indian private sector will be a co-traveller in India’s space sector journey.
- Will provide level playing field for private companies in satellites, launches and space-based services.
- Will provide predictable policy and regulatory environment to private players.
- Private sector will be allowed to use ISRO facilities and other relevant assets to improve their capacities.
- Future projects for planetary exploration, outer space travel etc to be open for private sector.
- Liberal geo-spatial data policy for providing remote-sensing data to tech-entrepreneurs.
Atomic Energy related Reforms
- Establish research reactor in PPP mode for production of medical isotopes – promote welfare of humanity through affordable treatment for cancer and other diseases
- Establish facilities in PPP mode to use irradiation technology for food preservation –to compliment agricultural reforms and assist farmers.
- Link India’s robust start-up ecosystem to nuclear sector – Technology Development cum Incubation Centres will be set up for fostering synergy between research facilities and tech-entrepreneurs.
जीके और दैनिक करेंट अफेयर्स अपडेट हिंदी में प्राप्त करें – क्लिक करें
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