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Highlights: 119 prisoners test corona positive in Jaipur district jail

Coronavirus cases in India have gone up to 85,940, according to the data published on the health ministry website on Friday evening. As many as 2,752 people have lost their lives due to the infection, while 30,152 people have been discharged.

By HT Correspondent | Updated: May 29, 2020 18:26 IST
Highlights: 119 prisoners test corona positive in Jaipur district jail

Finance Minister Nirmala Sitharaman announced fourth tranche of Aatma Nirbhar Bharat package today. The measures announced today to aid Covid-hit Indian economy are part of the government's stimulus package worth 20 lakh crore. Sitharaman will be holding daily press conferences till Sunday.

So far, Sitharaman has announced several reforms in the agriculture sector. One of the major reforms announced by the government was the amendment in the Essential Commodities Act to deregulate prices of food items.

This, the finance minister said, would not only revive the economy but also unleash its latent potential through opening up of production and marketing avenues.

Coronavirus cases in India have gone up to 85,940, according to the data published on the health ministry website on Friday evening. As many as 2,752 people have lost their lives due to the infection, while 30,152 people have been discharged.Click here for full Covid-19 coverage

04:56 PM IST

Power distribution companies in union territories will be privatised, says FM Sitharaman

04:55 PM IST

Added investment in 12 airports by private players expected to be around 13,000 crores: FM

Airports Authority of India has awarded 3 airports out of 6 bid for operation and maintenance on Public-Private Partnership (PPP) basis. Additional investment by private players in 12 airports in first and second rounds expected around 13,000 crores: FM Nirmala Sitharaman.

04:49 PM IST

Restrictions on Indian air space will be eased so that civilian flying becomes more efficient, says FM

Restrictions on the utilisation of Indian Air Space will be eased so that civilian flying becomes more efficient. Will bring a total benefit of Rs. 1000 crores per year for the aviation sector: Finance minister Nirmala Sitharaman

04:47 PM IST

FDI limit in defence manufacturing under automatic route raised from 49% to 74%, says FM

Foreign Direct Investment limit in defence manufacturing under automatic route is being raised from 49% to 74%: Finance minister Nirmala Sitharaman

04:45 PM IST

India to move towards self-reliance in defence sector: FM

'MakeInIndia' for self-reliance in defence production - we will notify a list of weapons/platforms for ban on import with year wise timelines. There will be indigenisation of imported spares: Finance minister Nirmala Sitharaman.

04:44 PM IST

Mineral Index of different minerals underway: FM Sitharaman

Rationalisation of stamp duty payable at the time of award of mining leases, says finance minister Nirmala Sitharaman. Ministry of Mines is in the process of developing a Mineral Index of different minerals, the minister said.

04:35 PM IST

Govt announces investment of 50,000 crore targeting 1 billion ton coal production

The investment of 50,000 crores is for the evacuation of enhanced CIL's (Coal India Limited) target of 1 billion tons of coal production by 2023-24 plus coal production from private blocks: Finance minister Nirmala Sitharaman

04:33 PM IST

Govt to introduce competition, transparency, and private sector in coal sector: FM

Government will introduce competition, transparency, and private sector participation in the coal sector through revenue sharing mechanism instead of the regime of fixed rupee per tonne: Finance minister Nirmala Sitharaman

04:32 PM IST

Structural reforms today to focus on eight sectors: Sitharaman

We are going to focus on eight sectors today - Coal, Minerals

Defence Production, Airspace management, MROs

Power distribution companies, Space sectors, Atomic energy: Finance minister Nirmala Sitharaman

04:31 PM IST

Today's structural reforms to unleash new investment: Sitharaman

The structural reforms being announced today will impact those sectors which are new horizons of growth, unleashing new investment, boosting production and creating jobs: Finance minister Nirmala Sitharaman

04:24 PM IST

FM says will launch incentive schemes for Solar PV manufacturing

Incentive schemes for the promotion of New Champion Sectors will be launched in sectors such as Solar PV manufacturing; advanced cell battery storage etc, says Finance minister Nirmala Sitharaman

04:22 PM IST

Finance minister hails PM Modi for 'deep systemic reforms'

PM has very strong record in taking up deep systemic reforms. Direct Benefit Transfer enabled giving money directly to people, GST brought in One Nation One Market, IBC resolved insolvency issues, ease of doing business steps taken: Finance minister Nirmala Sitharaman

04:19 PM IST

Once sectors decongested, we can boost the sector, for growth and jobs: FM

Many sectors need policy simplification, to make it simpler for people to understand what sector can give, participate in activities and bring transparency. Once we decongest sectors, we can boost the sector, for growth and jobs: Finance minister Nirmala Sitharaman

04:15 PM IST

Structural reforms in new sectors to boost employment: Sitharaman

Today’s announcements focussing on structural reforms in new sectors, where growth is possible and employment is generated: Finance minister Nirmala Sitharaman

04:13 PM IST

Aatma Nirbhar Bharat not isolationist policy, says FM Sitharaman

PM had said that we should prepare for tough competition. When we speak of Aatma Nirbhar Bharat, we are not looking inwards, it is not isolationist policy, it is making India rely on its strengths, ready to face global challenges: Finance minister Nirmala Sitharaman

First published: May 16, 2020 06:01 IST