New Delhi: The Finance Minister tabled the Budget 2022-23 in the Parliament. The growth-oriented Budget focuses on 4 pillars – productivity, climate action, financing investments and PM Gati Shakti plan. The Budget stepped up the capital expenditure sharply by 35.4 per cent to Rs 7.50 lakh crore to attract more private investment and attract growth.The budget also extensively emphasised on energy transition and clean energy missions through different schemes to encourage domestic manufacturing of solar power equipment’s, battery swapping, decentralized renewable energy, and deployment of biomass pellets in thermal stations, pilot projects for conversion of coal gasification and conversion of coal into chemical for industries and impetus for green bonds.Finance Minister emphasized in the Budget 2021 on the PM Gati Shakti scheme based on seven engines of growth to boost India…
Emphasis on energy transition and clean energy, Energy News, ET EnergyWorld
