AS PART OF 3RD ENGINE OF INVESTMENT IN ECONOMY, UNION FINANCE MINISTER PROPOSES MULTI-SECTORAL REFORMS IN PUBLIC PRIVATE PARTNERSHIPS, SUPPORT TO STATES, ASSET MONETISATION, MINING, AND DOMESTIC MANUFACTURING

India, Feb. 1 -- The Government of India issued the following news release:

As part of the 3rd engine of investment in economy, Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman proposed multi-sectoral reforms encompassing Public Private Partnerships, support to States, Asset Monetisation Plan for 2025-2030, mining sector, and support to domestic manufacturing, while presenting the Union Budget 2025-26 in Parliament, today.

Public Private Partnership in Infrastructure

Smt. Sitharaman proposed that each infrastructure-related ministry will come up with a 3-year pipeline of projects that can be implemented in PPP mode, and States will also be encouraged to initiate and seek support from the India Infrastructure Proje...