India, Feb. 1 -- In her budget speech on Saturday (February 1), finance minister Nirmala Sitharaman proposed the establishment of an INR 20,000 Cr nuclear energy mission.

The mission will foster research and development (R&D) of at least five indigenously developed small modular reactors by 2033.

Sitharaman added that the development of at least 100GW of nuclear energy by 2047 was essential for India's energy needs.

(The story will be updated soon.)

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