Finance Minister Nirmala Sitharaman makes big announcement to enhance India’s energy transition and steering the fight against climate change. Budget 2023 builds on focus to green growth National Green Hydrogen Mission will facilitate the transition of economy 1 crore farmers to be facilitated to adopt natural farming Finance Minister Nirmala Sitharaman on Wednesday announced that […]
FM urges AIIB to scale up investment in renewal energy, smart technologies – EQ Mag
AIIB President Jin Liqun called upon the finance minister here and discussed various issues of relevance to the bank. NEW DELHI: Finance Minister Nirmala Sitharaman on Friday asked the Asian Infrastructure Investment Bank (AIIB) to scale up investment in renewal energy and smart technologies and also urged the multilateral agency to set up a regional […]
Banks will play big role in making India a developed country by 2047: FM – EQ Mag Pro
Banking sector has to make a big contribution to making India a developed nation by 2047 said Finance Minister Nirmala Sitharaman at IBA’s 75th AGM New Delhi: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has exhorted the banking sector to play a lead role in realising the dream of a developed India by […]
EVs to take precedence in public transport; cleaner systems to be incentivised, says FM Sitharaman
FM Nirmala Sitharaman said that the government has worked to incentivise transition towards cleaner systems, develop quality public transport, and generate renewable energy The government has established that incentives will be given to manufacturers who move away from fossil fuels and towards renewable energy-based mobility systems, Finance Minister Nirmala Sitharaman said during a recent interaction […]
India hopes making electric vehicles cheaper will get more people to buy them
India is pushing to become a global manufacturing hub for electric vehicles after the government offered financial incentives to spur demand and eased several regulatory restrictions. India currently sells fewer than 2,000 electric vehicles in a year, compared to 4 million vehicles present in the domestic market, according to Puneet Gupta from IHS Markit. Indian […]