Union Budget 2025: FM Sitharaman Announces PPP Pipeline And Infra Expansion Plans

In her budget speech, Finance Minister Nirmala Sitharaman announced that each ministry will develop a 3-year pipeline of Public-Private Partnership (PPP) projects, with a focus on asset monetisation.

To boost the regulatory framework in the energy sector, the Atomic Energy Act and the Civil Liability for Nuclear Damage Act will be amended to achieve the target of 100 GW of nuclear energy by 2047.

Furthermore, a Nuclear Energy Mission with an outlay of Rs 20,000 crore will be established to develop Small Modular Reactors (SMRs). At least five of these indigenously built SMRs will be operational by 2033.

For connectivity, the Modified UDAN scheme will be launched to expand connectivity to 120 new destinations. The target is to serve four crore passengers in the next ten years.

For the maritime sector, a Rs 25,000 crore Maritime Development Fund will be set up to boost waterway transport. The Jal Jeevan Mission for safe and adequate drinking water has also been extended till 2028.

The central government will develop 50 top destinations, with a special focus on Buddhist heritage sites in partnership with states. MUDRA loans for homestays aim to drive employment-led growth in the sector.