It is now time to move from grade ratings. Our armed forces have played a stellar role in meeting the challenges we have been facing on our borders as well as in managing the internal security environment both in Jammu and Kashmir and the North East.
The Government will come out with a policy to introduce toll system on pay as you use basis. The Government will explore use of block chain technology proactively for ushering in digital economy. Balance sheet of AAI shall be leveraged to raise more resources for funding this expansion.110. . The Government would initiate monetizing select CPSE assets using InvITs from next year. The Government will establish a unified authority for regulating all financial services in IFSCs in India.106. International Financial Service Centre (IFSC) at Gift City, which has become operational, needs a coherent and integrated regulatory framework to fully develop and to compete with other offshore financial centres. Our efforts to set up a Coalition on Disaster Resilient Infrastructure for developing international good practices, appropriate standards and regulatory mechanism for resilient infrastructure development are moving well.101.94 lakh crore in 2017-18. NITI Aayog will initiate a national program to direct our efforts in the area of artificial intelligence, including research and development of its applications. Initiatives such as Digital India, Start Up India, Make in India would help India establish itself as a knowledge and digital society. The Government and market regulators have taken necessary measures for development of monetizing vehicles like Infrastructure Investment Trust (InvIT) and Real Investment Trust (ReITs) in India. This has enabled broadband access to over 20 crore rural Indians in about two lakh fifty thousand villages. I propose to allocate `60 crores to kick start this initiative in 2018-19.112.97 lakh crore against estimated expenditure of `4. We will take reform measures with respect to stamp duty regime on financial securities transactions in consultation with the States and make necessary amendments the Indian Stamp Act. To invest in research, training and skilling in robotics, artificial intelligence, digital manufacturing, big data analysis, quantum communication and internet of things, Department of Science & Technology will launch a Mission on Cyber Physical Systems to support establishment of centres of excellence.103. Global economy is transforming into a digital economy thanks to development of cutting edge technologies in digital space ¡V machine learning, artificial intelligence, internet of things, 3D printing and the like.107. SEBI will also consider mandating, beginning with large Corporates, to meet about one-fourth of their financing needs from the bond market.105.104.114. 108. Number of Fastags has gone up from about 60,000 in December, 2016 to more than 10 lakh now. Distributed ledger system or the block chain technology allows organization of any chain of records or transactions without the need of intermediaries. Details are in Annexure III.
The Government also proposes to setup five lakh wi-fi hotspots which will provide broadband access to five crore rural citizens. Reserve Bank of India has issued guidelines to nudge Corporates access bond market. Combining cyber and physical https://www.bettnmac.com/ woodworking Equipment Manufacturers systems have great potential to transform not only innovation ecosystem but also our economies and the way we live. Task of connecting one lakh gram panchayat through high speed optical fiber network has been completed under phase I of the Bharatnet project.111. The government and concerned regulators will take necessary action. We propose to expand our airport capacity more than 19 five times to handle a billion trips a year under a new initiative – NABH Nirman.
I have doubled the allocation on Digital India programme to ` 3073 crore in 2018-19. To harness the benefit of emerging new technologies, particularly the Fifth Generation¡¦ (5G) technologies and its adoption, the Department of Telecom will support establishment of an indigenous 5G Test Bed at IIT, Chennai. The system of toll payments physically by cash at road toll plazas is being fast replaced with Fastags and other electronic payment systems to make road travel seamless. Building Institutions and Improving Public Service Delivery115.102. In the current year, we included, in the scope of harmonized list of infrastructure, ropeways to promote tourism, logistics parks and expanded the scope of railways infrastructure to include development of commercial land around railway stations.
From December, 2017 all class and vehicles are being sold only with the Fastags.113. The Government does not consider crypto-currencies legal tender or coin and will take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system. Corporate bonds rated or equivalent are investment grade. In order to create employment and aid growth, Government¡¦s estimated budgetary and extra budgetary expenditure on infrastructure for 2018-19 is being increased to `5.109. I have provided `10000 crore in 2018-19 for creation and augmentation of Telecom infrastructure. In India, most regulators permit bonds with the rating only as eligible for investment.
The Government will come out with a policy to introduce toll system on pay as you use basis. The Government will explore use of block chain technology proactively for ushering in digital economy. Balance sheet of AAI shall be leveraged to raise more resources for funding this expansion.110. . The Government would initiate monetizing select CPSE assets using InvITs from next year. The Government will establish a unified authority for regulating all financial services in IFSCs in India.106. International Financial Service Centre (IFSC) at Gift City, which has become operational, needs a coherent and integrated regulatory framework to fully develop and to compete with other offshore financial centres. Our efforts to set up a Coalition on Disaster Resilient Infrastructure for developing international good practices, appropriate standards and regulatory mechanism for resilient infrastructure development are moving well.101.94 lakh crore in 2017-18. NITI Aayog will initiate a national program to direct our efforts in the area of artificial intelligence, including research and development of its applications. Initiatives such as Digital India, Start Up India, Make in India would help India establish itself as a knowledge and digital society. The Government and market regulators have taken necessary measures for development of monetizing vehicles like Infrastructure Investment Trust (InvIT) and Real Investment Trust (ReITs) in India. This has enabled broadband access to over 20 crore rural Indians in about two lakh fifty thousand villages. I propose to allocate `60 crores to kick start this initiative in 2018-19.112.97 lakh crore against estimated expenditure of `4. We will take reform measures with respect to stamp duty regime on financial securities transactions in consultation with the States and make necessary amendments the Indian Stamp Act. To invest in research, training and skilling in robotics, artificial intelligence, digital manufacturing, big data analysis, quantum communication and internet of things, Department of Science & Technology will launch a Mission on Cyber Physical Systems to support establishment of centres of excellence.103. Global economy is transforming into a digital economy thanks to development of cutting edge technologies in digital space ¡V machine learning, artificial intelligence, internet of things, 3D printing and the like.107. SEBI will also consider mandating, beginning with large Corporates, to meet about one-fourth of their financing needs from the bond market.105.104.114. 108. Number of Fastags has gone up from about 60,000 in December, 2016 to more than 10 lakh now. Distributed ledger system or the block chain technology allows organization of any chain of records or transactions without the need of intermediaries. Details are in Annexure III.
The Government also proposes to setup five lakh wi-fi hotspots which will provide broadband access to five crore rural citizens. Reserve Bank of India has issued guidelines to nudge Corporates access bond market. Combining cyber and physical https://www.bettnmac.com/ woodworking Equipment Manufacturers systems have great potential to transform not only innovation ecosystem but also our economies and the way we live. Task of connecting one lakh gram panchayat through high speed optical fiber network has been completed under phase I of the Bharatnet project.111. The government and concerned regulators will take necessary action. We propose to expand our airport capacity more than 19 five times to handle a billion trips a year under a new initiative – NABH Nirman.
I have doubled the allocation on Digital India programme to ` 3073 crore in 2018-19. To harness the benefit of emerging new technologies, particularly the Fifth Generation¡¦ (5G) technologies and its adoption, the Department of Telecom will support establishment of an indigenous 5G Test Bed at IIT, Chennai. The system of toll payments physically by cash at road toll plazas is being fast replaced with Fastags and other electronic payment systems to make road travel seamless. Building Institutions and Improving Public Service Delivery115.102. In the current year, we included, in the scope of harmonized list of infrastructure, ropeways to promote tourism, logistics parks and expanded the scope of railways infrastructure to include development of commercial land around railway stations.
From December, 2017 all class and vehicles are being sold only with the Fastags.113. The Government does not consider crypto-currencies legal tender or coin and will take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system. Corporate bonds rated or equivalent are investment grade. In order to create employment and aid growth, Government¡¦s estimated budgetary and extra budgetary expenditure on infrastructure for 2018-19 is being increased to `5.109. I have provided `10000 crore in 2018-19 for creation and augmentation of Telecom infrastructure. In India, most regulators permit bonds with the rating only as eligible for investment.
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