00:00I propose to introduce a market-making framework with suitable access to funds and derivatives on corporate bond indices.
00:12I also propose to introduce total return swaps on corporate bonds.
00:19Municipal bonds.
00:20To encourage the issuance of municipal bonds of higher value by larger cities, I propose an incentive of 100 crore rupees for a single bond issuance of more than 1,000 crore.
00:45The current scheme under AMRIT, which incentivizes issuances up to 200 crores only, will also continue to support smaller and medium towns.
01:05That will also continue to support the smaller and medium towns.
01:09Ease of doing business.
01:12Individual persons resident outside India, P-R-O-I, will be permitted to invest in equity instruments of listed Indian companies through the portfolio investment scheme.
01:25It is also proposed to increase the investment limit for an individual P-R-O-I under the scheme from 5% to 10% with an overall investment limit for all individual P-R-O-I's to 24% from the current 10%.
01:49Ease of my local initiative.
01:52Emerging technologies including AI.
01:5521st century is technology driven.
01:59Adoption technology is for the benefit of all people.
02:04Farmers in the field, women in STEM, youth keen to upskill and Db- awanjan to access newer opportunities.
02:13The government has taken several steps to support new technologies through AI mission, National Quantum Mission, Anusandhan National Research Fund, and Research and Development, and Innovation Fund.
02:31Our second kartavya is to fulfill aspirations and build capacities.
02:36Close to 25 crore individuals have come out of multidimensional poverty through a decade of our government's sustained and reform-oriented efforts.
02:48Our government has therefore decided to place a renewed emphasis on the service sector to provide a pathway to fulfilling aspirations of a youthful India with the following measures.
03:11I propose to set up a high-powered Education to Employment and Enterprises Standing Committee to recommend measures that focus on the services sector as a core driver of Vikasit Bharat.
03:28This will make us a global leader in services with a 10% global share by 2047.
03:41The committee will prioritize areas to optimize the potential for growth, employment, and exports.
03:49They will also assess the impact of emerging technologies, including AI, on jobs and skill requirements, and propose measures thereof.
04:02To create a range of skilled career pathways, a new range of skilled career pathways for our youth, I propose interventions in the following sectors.
04:14Health.
04:15Health.
04:16Existing institutions for allied health professionals will be upgraded and new AHP institutions established in private and government sectors.
04:28This will cover 10 selected disciplines, including optometry, radiology, anesthesia, OT technology, applied psychology, and behavioral health, and add 1 lakh AHPs over the next five years.
04:48A strong care system covering geriatric and allied care services will be built.
04:57A variety of NSQF-aligned programs will be developed to train multi-skilled caregivers combining core care and allied skills such as wellness, yoga, and operation of medical-assistive devices.
05:14In the coming year, 1.5 lakh caregivers will be trained.
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