FM Nirmala Sitharaman unveiled the 4th tranche of govt's Rs 20 lakh crore economic package

Here are the highlights from the finance minister's address:

1.

FDI limit in defence manufacturing sector under automatic route is being raised from 49 % to 74%

2. Power distribution companies in Union Territories will be privatised in line with tariff policy reforms.

3. Corporatise Ordnance Factory Board to improve autonomy, accountability

4.

6 more airports are for auction. Additional investments are likely to happen by private players.

5.

Private sector will be allowed to use ISRO facilities and other relevant assets to improve their capacities.

6. Establish a research reactor in PPP mode for production of medical isotopes.

7.

Creation of social infrastructure projects worth Rs 8,100 crore through revamped viability gap funding scheme proposed

8.

3,376 industrial parks/estates in 5 lakh hectares mapped on International Information System