Economy

Single Window for E-Logistics Market

>Background:
--India’s Logistic Market is highly fragmented.
--Presently it costs = 14% of GDP
--BUDGET= single window@E-Logistic  + Cost reduction till 10% of GDP by 2022
                   =PPP Model for col storage-àlong transport distance.
                   =Export is expected to grow by 5 – 8%

[
not in Budget....CA;
Rivigo, a Gurgaon-based tech-enabled logistics start-up has launched National Freight Index (NFI) that will provide live freight rates for different lanes and vehcles across the country ;]

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For MSMEs

>Background:
--MSMEs having turnover more then 1 Crore  are required to get their account audited by some accountant--à regulatory hurdles + Monitory loss

--Budget:
   =Turnover limit(for getting audited) increased from 1 crore to  5 crore*.
   ==Condition(to avail above limit benefit)=more then 95% transaction cashless.
--Other benefits@ budget:
=Import duty increased....will boost internal market.
=NBFC now allowed to invoice financing to MSME through TReDS.

[
About  TReDS (Trade Receivable e-Discounting System);

Why TReDS?
= MSMEs are the back bone of Indian Economy and despite the important role played by them in country’s overall economic growth, continue to face constraints in obtaining adequate finance,

Asaan bhaasa me:
MSME ke log jab saaman kharidte hai...to invoice pe bank se paisa nahi le paate hai....kunki kya pata vo invoice baad me monitise ho na ho...high chance of NPA......Isliye RBI ne TReDS  banaya....jispe invioce upload karo or jisne invoice pay karna hai vo usi TReD  portal pe kabool karega ki mai pay karunga.............to kuch factor karke paisa loan pe mil jaega................yehi paisa loan wala ab NBFC bhi de skta hai.
]

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Internet-Data

>Budget:
--Bharatnet :
   =6000 crore rupee allocated +
   =Target=FTTH(Fibre To The Home) connection will link 1 Lakh Gram Panchayat.
--GOI will draft a policy= allowing Private sector to set up Data centre Park.
   [
    Benefit of Private sector having Data park;
    Having its own Data centre....Private sector will be able to incorporate data in theri value chain......will boost productivity.
]

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Technical Textile

>Background:
--India has internal market(Excluding hygine industry) =12,000 crore rupee.
--Imports technical textile worth=16 billion Dollar.

>Budget:
=1)Announced “National Technical Textile Mission” =it will give thrust to production .
=Monetory Provision=about 1,500 Crore = 2020-21 to 2023-24.

=2) Abolition of Anty dumping duty on PTA (Purified Terephthalic Acid)------PTA is a raw material used to make Polyster fibre.
=thus boosting Polyster.

[
Technical fibre;
Fibre made primarily for functional requirement and not aesthatic purpose.
Diff sector of Tech Textile= healthcare, infrastructure, automobiles, defence, and agriculture.
]

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Udan Scheme

>Budget:
--100 Airports to be developed under Udan Scheme by 2025.

--Boosting PPP model:
===150Trains to be developed under PPP model.
===Proposal to set up solar power capacity along side the railway track.

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