In Short : Finance Minister Nirmala Sitharaman has emphasized the need for the International Financial Services Centre (IFSC) to establish a platform for trading green credits. This initiative aims to create a dedicated marketplace for the exchange of environmentally friendly credits, promoting sustainability and aligning financial activities with green objectives. In Detail : Gandhinagar, Jan […]
Nirmala Sitharaman, John Kerry discuss investment platform for greenfield renewable projects – EQ Mag
“Both sides also discussed creation of an innovative investment platform for deployment of greenfield Renewable Energy projects in India,” the finance ministry said in a tweet Finance Minister Nirmala Sitharaman on Wednesday met US Special Climate Envoy John Kerry and discussed joint efforts and commitments by both the countries to achieve climate, economic and strategic […]
Investments via PLI schemes top priority: Nirmala Sitharaman – EQ Mag
Finance Minister Nirmala Sitharaman stressed the government’s priority to incentivise and encourage expenditures in India through production-linked incentive (PLI) schemes, that have been grew beyond the initial 14 sectors to include semiconductors and solar components. Inviting Japanese investors to invest in India, the minister said the country had relaxed various restrictions to ensure greater ease […]
GST Council to hold virtual meet on Saturday after six months gap – EQ Mag
GST Council to hold virtual meet on Saturday After a gap of nearly six months, the meeting of GST Council, which is headed by Finance Minister Nirmala Sitharaman, would be held on Saturday through video conferencing, it was announced on Friday. New Delhi : After a gap of nearly six months, the meeting of GST […]
Nirmala Sitharaman urges Asian Infrastructure Investment Bank to invest in renewable energy in India – EQ Mag
As India is the largest client of the AIIB, the Finance Minister reiterated during the meeting that it should think of setting up a regional presence in India to facilitate dialogue and outreach to project authorities. Finance Minister Nirmala Sitharaman on Friday urged the Asian Infrastructure Investment Bank (AIIB) to scale up investments and mobilise […]
India offers policy stability & transparency: Sitharaman – EQ Mag Pro
India offers policy stability, transparency and consultative process of governance to incubate investment, says Finance Minister Nirmala Sitharaman New Delhi : India offers policy stability, transparency and consultative process of governance to incubate investment, Finance Minister Nirmala Sitharaman said on Thursday as she invited investments in prospecting energy resources in the country. The Finance Minister […]
Energy price, availability among short-term challenges for the Indian economy -minister – EQ Mag Pro
Refiling to fix typographical error in headline; restores media tag Energy prices and availability are among the biggest problems facing the Indian economy in the near future, India’s Finance Minister Nirmala Sitharaman said on Tuesday. Citing the challenges as external, she mentioned energy costs in the context of previously fulfilled environmental commitments. “But at this […]
Developed Nations Should Talk Less, Cooperate More On Climate Finance: Nirmala Sitharaman – EQ Mag Pro
Sitharaman said India has fulfilled all its commitments made at the COP21 climate change conference using its own funds and that the country has been moving towards the path of adopting renewable energy. Union finance minister Nirmala Sitharaman on Tuesday said developed countries should talk less and cooperate more on climate change goals as she […]
UNION BUDGET 2022-23: ₹19,500 CRORE ALLOCATED TP BOOST PLI SCHEME – EQ Mag Pro
During the Union Budget 2022-23 speech, Finance Minister Nirmala Sitharaman declared additional funding of ₹19,500 crores to enhance solar PV module production under the Production Linked Incentive (PLI) scheme. Intending to increase the solar capacity in the country, Finance Minister has said that ₹19,500 crores will be given under PLI for manufacturing high-efficiency modules for […]
Nirmala Sitharaman Calls For International Cooperation For Raising Supply of Alternative Energy Sources
“Sitharaman also shared India’s innovative policy mix for better environmental outcomes such as new energy map of India, digital innovation and emerging fuels, international solar alliance for enabling clean energy, promotion of energy efficiency and afforestation,” the finance ministry said in a Twitter post Friday. Finance minister Nirmala Sitharaman called for international cooperation to increase […]