17 years after US deal, govt to clear hurdles, open nuclear power highway

In a bid to boost India’s nuclear sector, Finance Minister Nirmala Sitharaman announced plans to amend the nuclear liability law and introduce a nuclear energy mission. This aims to attract foreign investment and increase private sector participation. By 2033, five indigenously developed small modular reactors will be operational, with a Rs 20,000 crore allocation for research and development.