Budget 2023

PM Modi Exhorts Investors In Private Sector To Join India’s Green Growth

In his first formal address after the Union Budget on February 1, Prime Minister Narendra Modi made a spirited pitch for private sector participation and the many startup opportunities in India’s green growth push. “Every budget since 2014 has followed a consistent pattern. The push for green growth and clean energy has been built around […]

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Budgetary Allocation for Solar Sees Upward Thrust, But Wind Slumps

Finance Minister Nirmala Sitharaman has placed eminence on green growth in Budget 2023-24. Consequently, a slew of announcements and schemes have been announced. Off-grid and grid-connecting solar projects as well as PM-KUSUM has also see a major increase in budgetary allocation. An outlay of Rs 7327 crore has been approved towards the scheme for both […]

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Budget 2023 Offers No Surprises, Focus On Continuity

With the budget presented, it’s time to make a quick assessment of what it had for the renewable energy sector. With Green growth made a key pillar of the 7 focus areas for the government, it does seem like the government is looking at a broader push like enabling ease of doing business, skilling, rather […]

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Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23

Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […]

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