Build New India: Bharat @ 75 August 22, 2017

Outline

• Vision for 2022

• Urja se Unnati: Distribution Reform (Energy)

• Vidyut Mala (Energy)

• Mission RASAD (Transport)

• Sabka Swagat (Tourism)

• Sabka Swasthya, Sabka Vikas (Healthcare)

• Aapka Saath: Enablers (Implementation)

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3 Crore Jobs

75 Lakh Cr Investment

Innovation

• Technology/Digital

• Use of materials

• Indigenous technologies

and business models

Equity

• Democratized access

across income segments

and geographies

INFRASTRUCTURE 2.0 VISION

Vision for World Class Infrastructure

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Scalable

• 10% GDP

• $ 5 Trillion spend by 2030

• Use of Global Private

Capital

Sustainable

• Environmentally

• Financially

Urja se Unnati : Distribution Reform

Vision: From Discom-centric to consumer-centric electricity

Why: Electricity access is essential to trigger household income growth

How:

1. Enact Right to Energy - obligation to supply – 24x7 x 125 Crore

2. All subsidies only through Direct Benefit Transfer (DBT)

3. Automatic monthly tariff adjustment: composite index linked to fuel, AT&C

4. Implement Power Supplier Portability (PSP) – replicate telecom revolution

5. Create Power Retailers of the Future – digital, multiple services, customer centric, consumers as generators

Vidyut Mala: Green Energy from the Sea

Vision: 100 GW in 10 yrs, 200 GW in 15 yrs through offshore wind turbines

Why: Unlimited, affordable energy potential; no land needed

How: Offshore wind turbines ringing the coastline, supported by grid storage

1. Combine with grid scale batteries/storage 200 GWhr

2. Make in India: globally competitive battery and turbine manufacturing

3. Opportunity for 100 GW hybrid floating solar

4. Additionally, water desalination opportunity

Mission RASAD (Rail-Sadak-Daria): Integrated Logistics

Vision: Reduce logistics costs by 50%

Why: Enhance the competitiveness of India’s manufacturing

How:

1. Enable seamless freight movement through integrated networks

2. Increase water based share of freight to 20%

3. Uberize freight transportation, create open architecture

4. Separate rail infrastructure ownership and operations

5. Create infrastructure for battery swapping and charging for electric mobility

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Sabka Swagat: A Comprehensive Tourism Policy

Vision: Double domestic tourist movement and triple foreign tourist arrivals.

Why: Tourism creates 78 jobs per Rs. 10 L investment; 1 in 11 jobs in tourism

How:

1. Create tourism clusters through SPV model • Beach/Island, North East/Adventure, Rural/Spiritual/Cultural, Medical and Wellness

• Public Limited Company with some overriding powers

2. Open Door Policy: Visa fee to waived for 5 years compared to USD 60-150

3. Open and Liberal Skies Policy and Aviation Hubs

4. Infrastructure status from Rs. 25 Crore investment

Sabka Swasthya, Sabka Vikas: Health Care for All

Vision: Universal Holistic Health Care for All at Rs. 2 per day per person by 2022

Why: India loses twice of the government’s health investment in premature mortality costs; every hospital bed generates 15 jobs

How:

1. Universal Health Care Coverage JAM enablement

2. New Integrated Health Design 2022, where health is society’s responsibility

3. Grant infrastructure status (India needs 3.5 million beds by 2022).

4. Skill at scale – India needs 7.5 lakh health workers. Gap is 3.5 lakhs.

BRAND & REPUTATION

INFRA FINANCING

ADMIN REFORMS

• Launch Build India campaign to change image and perception. • Reasonable return is a legitimate aspiration. • Implement the Kelkar Committee Report in letter and spirit. • Maintain sanctity of contracts

• Create a model infrastructure financing institution • Facilitate deeper bond markets • Government-driven Fx hedging for industry

• Empower and reform the bureaucracy by providing a safety net. • Revitalize and rethink infrastructure through 3P India.

Aapka Saath: Implementation Enablers

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Thank you.

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