INDIAN GOVERNMENT PROMISES TO EARMARK ANNUAL SPENDING TO BOOST NUCLEAR SECTOR
February 1st, 2016
India plans to infuse USD440 million every year into its nuclear power sector to finance an ongoing programme of new projects, according to Arun Jaitley, the country’s finance minister.
“[The] government is drawing up a comprehensive plan, spanning next 15 to 20 years, to augment the investment in nuclear power generation,” Jaitley told the Indian parliament on February 29. He was presenting the country’s national budget for the financial year 2016-17, when he announced that, "budgetary allocation up to USD440 million per annum, together with public ...
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