The Budget 2020 is pro-growth, gives impetus for consumption, creation of infrastructure and encourages investments into Indian economy. It provides a boost to propel domestic consumption through – a) Income Tax sops for nearly 30 million income taxpayers b) Improved financial health of 120 million marginal farmers. The special focus on agriculture sector with a 16-point plan […]
Wind sector hopes for better times ahead
The wind sector has been struggling with changes in policy mechanisms which has resulted in low tariffs that are making it unsustainable for the industry. In a meeting with the government in May, industry officials put forward policy recommendations to revive the sector towards meeting the national wind capacity targets. The Indian government has a […]
Study shows climate change impacts wind energy industry
Over the past 40 years, annual energy production from wind in India has declined by about 13 percent, says study. Researchers have also found that the Indian monsoon is weakening as a result of warming waters in the Indian Ocean, leading to a steady decline in wind-generated power. Another study states that wind farms are […]