National Infrastructure Pipeline of INR 103 trillion launched on 31 December 2019, consisting of 6,500+ projects across sectors viz housing, safe drinking water, access to clean and affordable energy, healthcare for all, modern railway stations, irrigation projects
Development of five new smart cities under public private partnership
Accelerated development of highways to be undertaken including development of access control highways, economic corridors, coastal and land port roads, and strategic highways
Considering of listing at least one major seaport on stock exchange
Boost to inland waterways by promoting economic activity alongside river- banks called as Arth Ganga
To widen the Udaan scheme by developing 100 airports by 2024
Policy to be announced for development of data centre parks by private sector
National Logistics Policy to create a single window e-logistics market, generate employment, and make MSMEs competitive
Proposal to create additional warehouses per warehouse development and regulatory authority
Direct tax
Proposal to exempt income of eligible sovereign wealth funds, in the nature of dividend, interest, and long-term capital gains, arising from debt or equity investments in a company engaged in developing, and/or maintaining and operating an infrastructure facility before 31 March 2024 and with a minimum lock in period of 3 years eligibility criteria for such funds prescribed
Proposal to extend tax pass through status to private unlisted Infrastructure Investment Trust (InvIT) as well; aligns with latest change in the Securities and Exchange Board of India regulations
Indirect tax
Blanket exemption on import of specified goods for construction of roads withdrawn; these goods to now attract applicable Basic Custom Duty (BCD)
