India Set to Ease Nuclear Laws to Draw Private Capital

  • Government to allocate $2.3bn for small and modular reactors
  • Existing law previously deterred foreign technology suppliers
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Modi government presented its first full-year budget in his third term. Follow Bloomberg India on WhatsApp for exclusive content and analysis on India's pitch to the world. Sign up here.

India’s government will amend its nuclear laws to draw private capital and boost the sector’s growth, counting on atomic energy to help the country wean itself off fossil fuels, Finance Minister Nirmala Sitharaman said.