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Experts want Centre to set aside 'green expenditure' funds in Budget

The Budget for the fiscal year commencing April 1, 2022, will be presented on Tuesday by Finance Minister Nirmala Sitharaman.

January 31, 2022 / 05:37 PM IST
Representative image

Representative image

Ahead of the upcoming Union Budget, environmental experts on Monday called for budgetary allocation under green expenditure to show that India is serious about meeting the enhanced targets announced by Prime Minister Narendra Modi at Conference of the Parties 26 in Glasgow.

They also said that India’s climate targets will require an investment of about USD 35 million in energy storage in this decade alone.

The Budget for the fiscal year commencing April 1, 2022, will be presented on Tuesday by Finance Minister Nirmala Sitharaman.

The Union Budget can be the opportunity to bring focus and direction by announcing a green expenditure head in the Budget this time.