Nirmala Sitharaman focuses on infrastructure spending and public-private partnership as part of the "Investment as a third engine" initiative announced during the Union Budget 2025

Nirmala Sitharaman focuses on infrastructure spending and public-private partnership as part of the "Investment as a third engine" initiative announced during the Union Budget 2025

Nirmala Sitharaman focuses on infrastructure spending and public-private partnership as part of the "Investment as a third engine" initiative announced during the Union Budget 2025

As part of the "Investment as a third engine" initiative headlined by Finance Minister Nirmala Sitharaman in her eighth consecutive Union Budget on Saturday, the union minister announced a renewed push for infrastructure projects in public-private partnership mode.

For this, each infrastructure ministry is expected to come up with a three-year pipeline of projects implemented in PPP mode. States would also have access to the India Infrastructure Development Fund. 

An outlay of Rs 1.5 lakh crore is proposed for the 50-year interest-free loan for capex and incentives for reforms, informed the finance minister.

Sitharaman also introduced a second asset monetisation plan for the country from 2015 to 2030, set to follow the first plan announced in 2021. The second asset monetisation plan is expected to plough back Rs 10 lakh crore in new projects, the finance minister added.

"Regulatory and fiscal measures will be fine-tuned to support the plan," she said.

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