CII suggests green finance institution, green tech expo fund for FY27 Budget

New Delhi: The Confederation of Indian Industry (CII) has recommended that the government announce a Green Finance Institution (GFI) in the upcoming Union budget for FY27 to mobilize large-scale, low-cost capital for India’s green transition across renewable energy, clean mobility, green buildings, and industrial decarbonization.

The green finance institution should be domiciled in GIFT City to leverage regulatory flexibility and attract foreign capital, the industry body said in a statement.

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