Revamping Credit Schemes, Fintech Regulations

Revamped credit guarantee scheme for MSMEs through INR 9,000 Cr infusion; cost of credit reduced by about 1%

Comprehensive review of existing financial regulations through consultation with public and regulated entities

Simplified ‘risk-based’ KYC for financial services along with further digitalisation of KYC systems

“Digital Lending Opportunity To Touch $1.3 Tn by 2030 Or 60% Of Overall Fintech Market”

Skilling To Meet Industry 4.0 Needs

Skill development schemes for new-age Industry 4.0 courses in coding, AI, robotics, mechatronics, IoT, 3D printing, drones

30 Skill India International Centres will be set up across different states

Unified Skill India Digital platform to enable demand-based formal skilling, employer linking and entrepreneurship schemes

India’s 5G Push

100 5G labs to be set up in engineering institutions for developing applications using latest-gen telecom services

Development of smart classrooms, precision farming, intelligent transport systems, and healthcare applications

Boosting private partnerships for new business opportunities, models and employment generation