Lok Sabha Question No. 1205 (UNSTARRED), answered on 2020-09-19
Subject: Green Stimulus Measures
Ministry: FINANCE
Asked by: Pinaki Misra

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS

LOK SABHA UNSTARRED QUESTION NO: 1205

TO BE ANSWERED ON SATURDAY, SEPTEMBER 19, 2020\_ BHADRAPADA 28,1942 (Saka)

'GREEN STIMULUS MEASURES'

## 1205: SHRI PINAKI MISRA:

Will the Minister of FINANCE be pleased to state:

- a) the details of any environmental-friendly or green stimulus measures in the Atma-Nirbhar Bharat package;
- c) if so, the details thereof and if not; the reasons therefor?
- b) whether the Government would consider fiscal measures to boost investment in sustainable green technology, infrastructure and products as part of the COVID-19 stimulus package; and

## ANSWER MINISTER OF STATE (FINANCE)

## (SHRI ANURAG SINGH THAKUR)

(a) to (c}: The Atma-Nirbhar Bharat package  provides for a number  of schemes/measures  towards enhancement of Ease of Business through IBC related measures, Decriminalisation of Companies Act defaults, Ease of Doing Business for Corporates etc, which may benefit all sectors, including environmentfriendly industries. The list of measures in the package can be seen in Annexe-I. Doing

An amount of Rs 6,000 crore-has-also been announced as part of the package for creating employment using Compensatory Afforestation Fund Management and Planning Authority (CAMPA) funds, which is to be used by State Governments for' Afforestation and plantation works,  including in urban areas, Artificial regeneration, assisted natural regeneration, Forest management, soil & moisture conservation work, Forest protection, forest and wildlife related infrastructure development; wildlife protection and management etc:

Further, schemes like Rs 1 lakh crore Agriculture Infrastructure Fund for farm-gate infrastructure for farmers, Rs 20,000 crore for Fishermen through Pradhan Mantri Matsya Sampada Yojana (PMMSY) , Animal Husbandry Infrastructure Development Fund of Rs. 15,000 crores, Promotion of Herbal Cultivation with outlay of Rs 4,000 crore and Beekeeping initiatives of Rs 500 crore have been announced as a part of the package to promote agriculture and allied activities and fisheries which are environment friendly:

Further, measures like Tariff Policy Reform in Power Sector, Privatization of Distribution in Union Territories, boosting private sector investment through revamped Viability Gap Funding Scheme in Social Sector, more World Class Airports through Public Private Partnerships and encouragement for local defence production are proposed as part of the Package for promoting infrastructure and products

A

## Statement referred to in reply to parts (a) to (c) of LSUSQ No.1205 for answer on 19.09.2020

## Aatma Nirbhar Bharat Abhiyaan Package

## Announcements made on 13.05.2020

1. Rs 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEs
3. Rs 50,000 crore equity infusion through MSME Fund of Funds
2. Rs 20,000 crore Subordinate Debt for Stressed MSMEs
4. New Definition of MSME and other Measures for MSME
6. Extending the Employees Provident  Fund Support for business ad organised workers for another 3 months for salary months of June, July and August 2020
6. 5 No Global tenders for Government tenders of uptoRs 200 crore
7. EPF Contribution to be reduced for Employers and Employees for 3 months to 10% from 12% for all establishments covered by EPFO for next 3 months
9. Rs. 45,000 crore Partial credit guarantee Scheme 2.0 for Liabilities of NBFCs/MFIs
8. Rs. 30,000 crare Special Liquidity Scheme for NBFC/HFC/MFIs
10. Rs 90,000 crore Liquidity Injection for DISCOMs
12. Relief to Real Estate Projects the registration and completion date for all registered projects will be extended up to six months.
11. Relief to Contractors given by extension of up to six months for completion of contractual obligations, including in respect of EPC and concession agreements
13. Tax relief to business a5 pending income tax refunds to charitable trusts and non-corporate businesses and professions to be issued immediately
15. Due Dates for various tax related compliances extended
14. Reduction in Rates of Tax Deduction at Source' and "Tax Collected at Source" by 25% for the remaining period of FY 20-21

## Announcements made on 14.05.2020

16. Free food grains supply to Migrants for 2 months.
18. Scheme for Affordable Rental Housing Complexes for Migrant Workers and Urban Poor to be launched
17. Technology system to be used enabling Migrants to access PDS(Ration) from any Fair Price Shops in India by March,2021-One Nation one Ration Card
4. 19 2 Interest Subvention for 12 months for Shishu MUDRA loanees- Relief of Rs. 1500 crore
5. 20.
6. 22\_ Rs 6,000 crore for Creating employment using CAMPA funds
21. Rs70,000 crore;poost to housing sector and middle income group through extension of Credit Linked Subsidy Scheme for MIG under PMAY(Urban)
8. 23 Rs 30,000 crore Additional Emergency Working Capital for farmers through NABARD
24. Rs 2 lakh crore Goncessional credit boost to 2.5 crore farmers under Kisan Credit Card Scheme

## C Announcements made on 15.05.2020

25. Rs 1 lakh croreAgri Infrastructure Fund for farm-gate infrastructure for farmers
26. Rs 10,000 crore -scheme for formalisation of Micro Food Enterprises (MFE)

- 27 . Rs 20,000 crore for Fishermen through Pradhan Mantri Matsya Sampada Yojana (PMMSY)

28. National Animal Disease Control Programme

29. Setting up of Animal Husbandry Infrastructure Development Fund 15,000 crore

30. Promotion of Herbal Cultivation : outlay of Rs 4,000 crore

31. Beekeeping initiatives -Rs 500 crore

32. From TOP' to TOTAL - Rs 500 crore

33. Measures for Governance and Administrative Reforms for Agriculture Sector

1. Amendments to Essential Commodities Act to enable better price realisatiori for farmers

- ii, Agriculture Marketing Reforms to provide marketing choices to farmers

- iii\_ Agriculture Produce Price and Quality Assurance

## D Announcements made on 16.05.2020

34. Commercial Mining introduced in Coal Sector

35. Diversified Opportunities in Coal Sector

36. Liberalised Regime in Coal Sector

37. Enhancing Private Investments and Policy Reforms in Mineral Sector

38. Enhancing Self Reliance in Defence Production

39. Policy Reforms in Defence Production

40. Efficient Airspace Management for Civil Aviation

- 41, More World-Class Airports through PPP

42. India to become a global hub for Aircraft Maintenance, Repair and Overhaul (MRO)

43. Tariff Policy Reform in Power Sector; Privatization of Distribution in UTs

44. Boosting private sector investment through revamped Viability Funding Scheme in Social Sector Gap

45. Boosting private participation in space activities

46. Reforms in Atomic Energy Sector

## E. Announcements made on 17.05.2020

- 47 . Rs 40,000 crore increase in allocation for MGNREGS to provide employment boost

48. Increased investments in Public Health and other health reforms to prepare India for future pandemics

49. Technology Driven Education with Equity post-COVID

50. Further enhancement of Ease of Doing Business through IBC related measures

51. Decriminalisation of Companies Act defaults

52. Ease of Doing Business for Corporates

53. Public Sector Enterprise Policy for a New, Self-reliant India

54. Increase borrowing limits of States from 3% to 5% for 2020-21 only & promoting State level reforms