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Nirmala Sitharaman Announced The Fourth Installment Of The Economic Stimulus Of Rs 20 Lakh Crore

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5 years ago

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Nirmala Sitharaman Announced The Fourth Installment Of The Economic Stimulus Of Rs 20 Lakh Crore

Union Finance Minister Nirmala Sitharaman on Saturday unveiled the fourth installment of the government’s Rs 20 lakh crore economic package to provide relief to various sectors of the economy affected by the coronavirus lockdown.

In the first three installments, the government announced several measures for the agriculture sector, amending the stringent Essential Commodities Act, credit lines to small firms, concessional loans to farmers, free grain to migrant workers, working capital incentives and support for street vendors. be provided. Shading banking and power distributors among other initiatives.

Highlights of the Finance Minister’s address are as follows:

  • FDI limit in the defense manufacturing sector is being raised from 49 percent to 74 percent under the automatic route.
  • Project management units will be set up to support contract management, for time-bound defense procurement process, and faster decision making.
  • In important areas like defense, we have to promote programs like Make in India. We will notify the list of weapons and platforms that will not be allowed to import but we may have purchased them from India.
  • The power distribution companies in the Union Territories will be privatized as per tariff policy reforms. This will provide better service to consumers and improve operational and financial efficiency in delivery.
  • We will corporate with the Ordnance Factory Board to improve autonomy, accountability, and efficiency in the ordnance supply.
  • Civil aviation is in for a big jump. We will be able to reach our destination in the least possible time-saving fuel, time, cost.
  • 6 more airports are up for auction. There is a possibility of additional investment by private players.
  • The tax regime has been rationalized for the MRO ecosystem. The airport component repair and airframe maintenance will increase from Rs 800 crore to Rs 2,000 crore in 3 years.
  • Restrictions on the use of Indian airspace will be reduced so that civilian flight is more efficient. This would give a total profit of Rs 1,000 per year for the sector.
  • To provide a level playing field for private companies in satellites, launches, and space-based services, the private sector is being encouraged to become a co-passenger in our space field journey.
  • The private sector will be allowed to use ISRO facilities and other relevant assets to improve their capacity.
  • We will set up a research reactor in PPP mode for the production of medical isotopes. It will promote the welfare of humanity through affordable treatment for cancer and other diseases.
  • We will connect India’s strong start-up ecosystem with the nuclear sector. Technology development cum incubation centers will be set up to foster synergies between research faculties and tech-entrepreneurs.
  • The government will set up facilities in PPP mode to use radiation technology for food conservation to support agricultural reforms and farmers.
  • Creation of social infrastructure projects worth Rs 8,100 crore, which has been proposed through the restructured feasibility gap funding scheme.
  • The government will increase the amount of viability gap fund up to 30 percent of each of the total project cost.
  • We are bringing commercial mining to the coal sector, the government monopoly is being lifted.
  • 50,000 crore will be spent by the government to ensure extraction infrastructure in the coal sector.
  • We want to bridge the gap between captive and non-captive mines to allow the transfer of mining leases.
  • 500 mining blocks will be offered through an open and transparent auction process, a joint auction of bauxite and coal mineral blocks will be launched to increase the competitiveness of the aluminum industry.
  • Coal bed methane (CBM) extraction rights to be auctioned from coal mines of Coal India Limited.
  • The empowered group of secretaries has been formed for fast-track infrastructure investment, ranking states for investment attraction, project development cells have been formed, champion areas are being promoted.
  • We need to reduce sustainable coal imports and increase self-sufficiency in coal production.
  • The schemes will be implemented in the states through challenge mode for industrial cluster up-gradation of common infrastructure and connectivity.
  • 3,376 industrial parks/estates in 5 lakh hectares mapped on International Information System, all industrial parks will be ranked in 2020-21.
  • Eight sectors that are focused on today’s reforms: coal, minerals, defense, civil aviation, power distribution companies in union territories, space, nuclear power.
  • Today’s announcements focus on structural reforms in new areas where development and employment can be generated.
  • When we talk of self-reliant India, we are not talking of separatism or inward-looking.
  • We should prepare ourselves for global competition. Policy simplification is required.
  • Many sectors need policy simplification to make it easier for people to understand what the sector can provide, participate in activities, and bring transparency. Once we reduce the areas, we can promote the sector, for development and jobs.
  • After PM’s address to the nation about the creation of India, we are announcing the details of the stimulus government, it seems that it should provide for the economy and our people.

Also Read: Follow This Diet To Stay Healthy While Working From Home 

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Train smarter, not harder: How taking occasional breaks from gym can revolutionise your fitness routine

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23 hours ago

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November 21, 2024

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Train smarter, not harder: How taking occasional breaks from gym can revolutionise your fitness routine

Taking regular breaks from intense training, like deload weeks, helps your body recover, preventing fatigue and injury, and ultimately boosts fitness gains.

When it comes to getting fit, the idea of spending hours at the gym might come to mind, but many fitness experts argue that taking a “deload week” every six to eight weeks is actually key to improving your fitness gains. A deload week involves reducing the intensity of workouts to allow the body to recover from the fatigue and muscle damage caused by intense training.

While high-intensity training helps build strength and fitness, it can also lead to muscle strain, and without adequate recovery, these gains can’t fully materialise. Deload weeks give the body much-needed rest to repair and rebuild, ensuring continued progress. (Also read: Bhagyashree swears by this super easy exercise for instant leg pain relief and better mobility. Watch how to do it )

Why recovery is key for muscle growth

According to an article by The Conversation, intense exercise can cause tiny tears in muscle fibres, leading to inflammation that requires rest or low-intensity exercise to heal. This inflammation is essential for muscle growth and fitness improvements. However, without proper recovery, muscles remain in a state of slight damage, preventing inflammation from resolving. This chronic state of inflammation can hinder muscle function, reducing oxygen efficiency and impairing performance. Giving muscles time to recover through rest ensures they repair properly and are primed for continued progress, setting us up for greater success in our fitness journey.

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Many gymgoers fear taking time off and are worried it will lead to a loss of gains. However, research shows that muscle genes have a “memory imprint,” which keeps them in a semi-prepared state. This allows muscles to respond more quickly and effectively to future training, promoting growth after a rest period. Even after extended periods of reduced intensity, up to seven weeks, muscular fitness can be restored to prime condition—and in some cases, surpass previous levels. Interestingly, recovery can occur twice as fast as it took to reach peak fitness initially, even if some strength is lost.

Taking time off from intense training is crucial to prevent muscle soreness and avoid overtraining syndrome. Overtraining occurs when the body doesn’t get enough rest, leading to prolonged fatigue, decreased performance, and mood disturbances. Symptoms develop gradually, making overtraining difficult to recognize until it’s severe. Rest is essential to avoid these issues and ensure long-term progress in training.

Role of overtraining syndrome and deload weeks

Overtraining syndrome is challenging to quantify due to its vague symptoms. Studies suggest it may affect as few as 10% of elite athletes, though rates could climb to 60% among highly competitive individuals. Recovery is essential for both fitness and overall health. When engaging in heavy gym routines, it’s vital to incorporate sufficient recovery time into your workout plan. Unlike rest days, which involve little to no exercise once or twice a week, deload weeks feature lighter training at reduced intensity—typically about 50% fewer workouts or a 20% drop in workout intensity.

Both rest days and deload weeks are essential for recovery and crucial to improving fitness. It’s not about choosing one over the other—they complement each other. For instance, intense training for marathons, Ironman, or CrossFit competitions requires weekly rest days alongside scheduled deload weeks. However, for recreational gym-goers exercising 1–3 times weekly at a moderate intensity, the recovery from this routine is often sufficient without the need for additional deload weeks.

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Fitness influencers recommend incorporating deload weeks into training schedules every 4–8 weeks, aligning closely with the expert advice of 4–6 weeks. However, it’s crucial to listen to your body and schedule deload weeks as needed. If your performance plateaus or worsens, it may signal time for a deload. Training plans should be flexible enough to allow rest when required. Deload weeks not only enhance performance but also support overall health.

Disclaimer: This article is for informational purposes only and not a substitute for professional medical advice. Always seek the advice of your doctor with any questions about a medical condition.

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