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No Clear Allocation Of Funds For Green Growth, More Needs To Be Done For Clean Energy: Experts On Climate Budget 2024

Budget 2024: Experts explained that certain expectations such as the introduction of input tax credit for green fuel usage, and the provision of subsidised loans for green technologies remained unmet.

Budget 2024: The interim budget for the financial year 2024-25 focused on several climate initiatives. These include green energy initiatives to ensure a net-zero economy by 2070, programmes to enhance the electric vehicle ecosystem, bio-manufacturing and bio-foundry schemes, promoting climate-resilient activities for blue economy 2.0, and sustainable development. Finance minister Nirmala Sitharaman spoke about viability gap funding for harnessing offshore wind energy potential, a scheme for
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