New Delhi : The focus on ‘green growth’, as one of the seven priority areas in the Union Budget presented by Union Finance Minister Ms Nirmala Sitharaman in Parliament on Wednesday, will lend a fillip to the transition towards decarbonization, and achieving the Nationally Determined Contributions (NDCs) and the larger net-zero goals, noted the experts […]
Statements from KPMG – Union Budget | Quote by Harpreet Singh, Partner, Indirect Tax, KPMG in India – EQ Mag
Harpreet Singh, Partner, Indirect Tax, KPMG in India On Solar Power Plants Exclusion of solar power plants/ solar power projects from the scope of project imports could result in driving up costs of solar power projects. This appears to be contrary to the overall objective of promoting green energy. On Impetus to Green Mobility The […]
Proposals for the Union Budget 2022 by EKI Energy Services Ltd – EQ Mag Pro
Climate change is an impetus that can transform India into a sustainable, low-carbon country with a high-growth economy. It is therefore vital that the Government of India establishes a strategic and definitive roadmap to execute climate action. We recommend that the Budget this year should empower low-carbon and climate-resilient sectors for increased climate action. This […]
Second part of Parliament’s Budget session from today; Electricity Amendment Bill listed
Some of the bills listed by the government include the Pension Fund Regulatory and Development Authority (Amendment) Bill, National Bank for Financing Infrastructure and Development Bill, Electricity (Amendment) Bill, Crypto currency and Regulation of Official Digital Currency Bill. New Delhi: The month-long second part of the Budget session of Parliament begins on Monday in the […]
Text of PM’s address at the webinar for effective implementation of Union Budget in power sector
Hello colleagues, The country’s energy sector has a big role to play in India’s progress. This is a sector which is connected to both Ease of Living and Ease of Doing Business. Today, when the country is moving ahead with the goal of self-reliant India, the energy sector, our power sector, Renewable Energy has a very big […]
Union Budget 2021-22: India to launch Hydrogen Energy Mission
With the announcement, India has joined the race for producing the next big energy source Union Minister for Finance Nirmala Sitharaman announced that the Hydrogen Energy Mission will be launched in 2021-22, during her budget speech February 1, 2021. “Prime Minister Narendra Modi, while speaking at the Third Re-inVest Conference in November 2020, had announced […]
Union Budget 2021 | Power Grid InvIT to get power transmission assets of Rs 7,000 crore
Finance Minister Nirmala Sitharaman, while reading out the Union Budget 2021-22, stated that the Centre will also provide Rs 2 lakh crore to states and autonomous bodies for capex. Union Finance Minister Nirmala Sitharaman, while reading out the Union Budget 2021-22 on February 1, announced that power transmission assets of Rs 7,000 crore would be […]
Union Budget 2021: Know what Electric Vehicle industry is expecting from this year’s Budget
Union Budget 2021: The EV industry expects more reforms and incentives for indigenous manufacturing and infrastructure to help accelerate EV consumption across the country. New Delhi | Jagran Business Desk : Finance Minister Nirmala Sitharaman will present the budget on February 1. Many industrial organizations are having high hopes from this year’s Budget as it […]
NSEFI reaction to Union Budget
Union Budget Envisions India As A Global Hub For Manufacturing Electric Vehicles
Union Budget envisions India as a global hub for manufacturing electric vehicles Says inclusion of solar storage batteries and charging infrastructure in the fame scheme will Boost production Government has sought lowering of GST on electric vehicles from 12% to 5% Union Budget says government will provide additional income tax deduction of Rs 1.5 Lakh […]