Infolex News Alert - Policy Reforms in Aviation, Power & Coal Sectors under Aatmanirbhar Bharat Scheme

Published On: 26/05/2020

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In a bid to stimulate and strengthen the Indian economy amidst the nationwide lockdown to contain the coronavirus (COVID - 19) pandemic, the Government of India ('Central Government') rolled out an economic package named the Atmanirbhar Bharat Abhiyan ('Atmanirbhar Bharat Abhiyan'). The Atmanirbhar Bharat Abhiyan was released in 5 (five) tranches and consists of targeted relief measures for various sectors The fourth tranche of the Atmanirbhar Bharat Abhiyan, which was released on May 16, 2020, primarily dealt with structural reforms relating to the following verticals within the energy and infrastructure sector: (a) coal; (b) power; (c) civil aviation; (d) minerals; (e) social infrastructure, and (f) nuclear energy. The intent behind these reforms is to increase efficiency in these verticals and attract private sector investments in these verticals. INDUSLAW's Kush Saggi and Ishan Javid discuss measures and reforms announced for the energy and infrastructure sector under the Atmanirbhar Bharat Abhiyan.