Nirmala Sitharaman

Budget 2020: Solar Industry Wishlist for Sitharaman

Undoubtedly, the most important economic event of the year going to take place on February 01, 2020, when the Finance Minister Nirmala Sitharaman tabled her second Union Budget in the Parliament. It is widely expected that the main focus of the Narendra Modi 2.0 government will be on again kick starting the engine of economic […]

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Energy Storage Industry Seeks Relief in Sitharaman’s Budget 2020

Powered by expectations of favourable Budget from the Finance Minister Nirmala Sitharaman on February 1, the energy storage industry body India Energy Storage Alliance (IESA) has provided its recommendations for the upcoming Union Budget 2020. From Sitharaman’s second Union Budget, the energy storage industry is expecting various measures including cut in goods and services tax […]

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Sitharaman Holds Pre-Budget Consultation with Experts of Energy, Climate Change, Infra Sec

In a step towards the preparation of General Budget 2020-21, Nirmala Sitharaman, the Union Minister of Finance & Corporate Affairs, held 7th Pre-Budget consultation on Friday with various industry stakeholders. During the meeting, the infrastructure sector stakeholders and experts from the energy sector and climate change were present as the General Budget is scheduled to […]

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India’s Commitment to Tackle Climate Change Unmatched: Sitharaman

India’s commitment to fighting climate change is one of the best amongst the community of nations, Nirmala Sitharaman has said. India’s commitment to fighting the global challenge of climate change is bold and one of the best amongst the community of nations, Finance Minister Nirmala Sitharaman has said. Interacting with global investors at the headquarters of the […]

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Government Committed to Providing Energy Security to the Country: Sitharaman

Finance Minister Nirmala Sitharaman has said that the government is committed to provide energy security to India. “Here is the government which is committed for energy security for India. Energy security, which is not blindly using non-environment friendly sources,” the minister said while addressing the India Energy Forum CERAWeek Summit in Delhi. The third India Energy Forum by CERAWeek […]

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India to Honour Commitments Under Various Energy Agreements: Nirmala Sitharaman

Nirmala Sitharaman has assured investors that India will honour all its contractual agreements under various energy agreements. Finance Minister Nirmala Sitharaman while speaking at an event has assured investors that India will honour all its contractual agreements under various energy agreements. “Commitments shall be honoured and investors should not have any concern,” the minister said […]

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Big Move! GST Council Trims Tax on EVs, Chargers to 5%

According to the Finance Ministry statement, these changes will be effective from August 01, 2019. The GST Council chaired by Finance Minister Nirmala Sitharaman has decided to slash GST rates on all electric vehicles (EVs) to 5 percent from the existing 12 percent and has cut the current 18 percent GST on electric vehicle chargers or […]

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Private e-2 Wheelers Also Covered Under Phase-II of FAME: Arvind Sawant

The scheme aims to support via subsidies about 7,000 e-Buses, 5 lakh e-3 Wheelers, 55,000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers. In order to further boost electronic public (e-public) transport in the country, the government has taken various initiatives under the second phase of FAME India Scheme (Faster Adoption and Manufacturing of […]

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Union Budget 2019: A Mixed Bag for the Solar Industry

As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […]

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