Finance Minister Nirmala Sitharaman on Saturday announced a Nuclear Energy Mission to promote research and development of small modular reactors, with an outlay of Rs 20,000 crore.
Investing in Research, Development and Innovation
— PIB India (@PIB_India) February 1, 2025
₹ 20,000 crore for private-sector driven Research, Development and Innovation initiative announced in the July Budget#ViksitBharatBudget2025 #Budget2025 #UnionBudget2025
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She also announced 10,000 fellowships for tech research at Indian Institute of Technology (IIT) and Indian Institute of Science (IISC) in the next five years.
Besides, the finance minister proposed to set up a National Spatial Mission and set up the Gyaan Bharat Mission for the survey, documentation and conservation of manuscript heritage.
In February last year, the government announced the addition of 18 more nuclear power reactors with a cumulative capacity to generate 13,800 MWe of electricity, taking the total share of atomic power in the energy mix to 22,480 MWe by 2031-32.
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