Making green growth the key component of Amrit Kaal is the Bharatiya Janata Party-ruled central government’s vision for the coming 25 years.
Union Finance Minister Nirmala Sitharaman on February 1 announced a slew of policies for the green economy. In line with the country’s Net Zero 2070 target and allied climate goals, the Union Budget gave a push to a green industrial and economic transition.
A record high budgetary grant went to energy transition, which would be a key driver in reducing carbon emission and leap towards green fuels and green energy sources.
“This Budget provides Rs 35,000 crore for priority capital investments towards energy transition and net-zero objectives, and energy security by the Ministry of Petroleum & Natural Gas (MoPNG),” said Sitharaman in her Budget speech.
