<h1>India's Four-Year Plan: Rs. 70,000 Crore to Capitalize Public Sector Banks, Boost Investment, and Address NPAs by 2019.</h1> The government has announced a four-year plan to capitalize public sector banks with Rs. 70,000 crore from budgetary allocations, aiming to boost investment and growth in India. An immediate provision of Rs. 12,000 crore for bank capitalization has been made in the supplementary demand for grants for 2015-16. The plan addresses legacy issues affecting banks, including low demand and project delays, impacting profitability due to provisioning for restructured projects and NPAs. The government aims to maintain a buffer above Basel III norms, with the total capital requirement estimated at Rs. 1,80,000 crore by FY 2019. The plan includes governance reforms, NPA management, and market fundraising.