The Finance Minister said amendments to the Atomic Energy Act and the Civil Liability for Nuclear Damage Act shall be taken up and a Nuclear Energy Mission for research and development of Small Modular Reactors (SMR) with an outlay of Rs 20,000 crore will be set up.
Foreign direct investment remains steady but has not seen significant acceleration, and businesses continue to navigate complex regulatory landscapes," Keshap stated.
In this regard, the government's recognition of critical minerals as a strategic asset, along with a National Critical Minerals Mission and an allocation of Rs450 crore, for the forthcoming financial year is a small step in the right direction, but further significant efforts are needed to create a truly self-reliant supply chain," Keshap said.
The story "Economic reforms must to strengthen commercial ties: USIBC welcomes Budget" has 677 words across 18 sentences, which will take approximately 3 - 6 minutes for the average person to read.
Which news outlet covered this story?
The story "Economic reforms must to strengthen commercial ties: USIBC welcomes Budget" was covered 6 hours ago by Business Standard, a news publisher based in India.
How trustworthy is 'Business Standard' news outlet?
Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.
The outlet is headquartered in India and publishes an average of 295 news stories per day.
It's most recent story was published 3 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
