Union Budget 2022-23 highlights the government’s focus on energy transition, which is expected to fuel “green growth” in the country in the coming years. Finance minister Nirmala Sitharaman listed “green growth” among four opportunities that can be transformative for India in the run up to 2047, the country’s 100th year of independence. The other three are: economic empowerment of women, integrating traditional artisans with the MSME sector, and tourism.
“We are implementing many programmes for green fuel, green energy, green farming, green mobility, green buildings, and green equipment, and policies for efficient use of energy across various economic sectors. These green growth efforts help in reducing carbon intensity of the economy and provides for large-scale green job opportunities,” Sitharaman said while introducing the Budget.
