Page 18 - DHC Budget Book 2021-22 Final
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Two, Physical/Financial Capital and Infrastructure
H 1.97 lakh Crs. was allotted through Production Linked Incentive schemes to nurture global manufacturing champions and increase employment opportunities.
Mega Investment Textile Parks will be launched to create world-class infrastructure with plug and play facilities to create global export champions.
H 5 lakh Crs. was allocated towards the proposed launch of a Development Financial Institution. The Government has also allocated funds for a number of National Highway projects, Dedicated Freight Corridors, Metro Railway Projects and Hydrogen Energy Mission etc.
To liberalise foreign direct investment for the insurance sector, the Insurance Act is proposed to be amended by increasing FDI limit from 49% to 74%.
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INDIA BUDGET 2021-22
Building a Resilient and Confident India