In Short : In Budget 2024, the finance minister has allotted ₹600 crore to the Green Energy Corridor, an increase from the previous ₹434 crore. This boost in funding aims to enhance the infrastructure for renewable energy transmission and support the country’s transition to sustainable energy sources. In Detail : Budget 2024: The Green Energy […]
Budget 2024: India gives big policy boost to energy transition, curb emissions – EQ
In Short : Budget 2024: India provides a significant policy boost to the energy transition and emission reduction efforts. Increased funding and supportive policies for renewable energy, such as solar and nuclear, aim to curb emissions and promote a sustainable and resilient energy sector. In Detail : In her budget speech on Tuesday, Sitharaman said […]
Budget 2024 must further India’s clean energy goals. Climate change is an economic problem – EQ
In Short : Budget 2024 should prioritize advancing India’s clean energy goals, recognizing climate change as an economic challenge. Investing in renewable energy and sustainable practices is essential for long-term economic stability and growth. In Detail : The renewable energy ecosystem requires budgetary support, tax breaks, relief in import duties and tariff barriers to expedite […]
Budget 2024: What does India’s power sector expects from FM Sitharaman – EQ
In Short : In Budget 2024, India’s power sector expects Finance Minister Nirmala Sitharaman to announce increased funding for green energy projects, support for domestic manufacturing, and incentives for technology adoption to enhance renewable capacity and grid resilience. In Detail : Ahead of the Union Budget 2024, reports suggest that the power sector is a […]
Budget 2024: FM Sitharaman delivers on capex-led growth strategy, walks the talk on fiscal consolidation – EQ
In Short : In the 2024 budget, Finance Minister Sitharaman appears to deliver on a capital expenditure (capex)-led growth strategy while adhering to fiscal consolidation. This suggests a commitment to boosting economic growth through increased capital investments while maintaining fiscal responsibility and sustainability. In Detail : Budget that will strengthen the economy’s foundation in Amrit […]