Union Finance Minister Ms Nirmala Sitharaman presented her eighth consecutive budget today. The budget has made significant allocations to Clean Tech Manufacturing and Water Resources. The Energy and Resources Institute (TERI) and its panel of experts is a leading voice in sustainable development, energy, and environmental research, dissects and decodes the budget’s potential to shape India’s path toward a greener, more resilient and sustainable future.
Sharing her thoughts on the Union Budget 2025, Dr Vibha Dhawan, Director General, TERI, said, a “holistic here and now budget” geared to position India as a robust, inclusive, and resilient economy with a focus on research and education, health and infrastructure, industrial competitiveness and clean energy.
According to Ambassador Ajai Malhotra, Distinguished Fellow, Climate Change, TERI, the budget demonstrated fiscal prudence. “This is a sensible, fiscally prudent Budget that benefits the salaried middle class and will boost domestic consumption and attract investments. The envisaged partnerships with private industry in the nuclear sector, as regards Bharat Small Reactors, and allocation for R&D of small modular reactors are welcome developments. The outlay for Artificial Intelligence is also a noteworthy start, as AI innovation can positively impact numerous industries.”
