India plans big for green energy sector in sync with G20 Presidency

Keeping pace with the green energy focus of the world and reducing its carbon intensity, India has planned big for the green energy sector in its financial budget.

The government announced a slew of measures for the initiatives related to green fuel, green farming, green mobility, green buildings, and green equipment.

Also since India has an ongoing G20 Presidency, its focus on green energy will have a better impact.

The government announced an outlay of Rs 19,700 crore for the recently launched National Green Hydrogen Mission, which it said will facilitate the transition of the economy to low carbon intensity, reduce dependence on fossil fuel imports and make the country “assume technology and market leadership in this sunrise sector”.