: Centre seeks suggestions for effective implementation of union budget #FinanceIndia #StockMarketNEWS Centre seeks suggestions for effective implementation of union budget New Delhi, Feb 23 (KNN) The

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Centre seeks suggestions for effective implementation of union budget #FinanceIndia #StockMarketNEWS
Centre seeks suggestions for effective implementation of union budget New Delhi, Feb 23 (KNN) The central government is organising 12 post-budget webinars inviting ideas and suggestions for better implementation of the initiatives announced in the Union Budget 2023.

Prime Minister, Narendra Modi on Thursday addressed the post-budget webinar on ‘Green Growth’.

He outlined three pillars for green growth and energy transmission. First, increasing the production of renewable energy; second, reducing the use of fossil fuel in the economy; and finally, rapidly moving towards a gas-based economy in the country.

Underlining the significant announcements in previous years’ budgets, the Prime Minister highlighted schemes such as green credit for industries, PM Pranam Yojna for farmers, Gobardhan Yojna for villages, vehicle scrapping policy for cities, Green Hydrogen and wetland conservation in this year’s budget.

The Prime Minister underlined that these announcements lay the foundation stone and pave the way for future generations.

He said that India’s commanding position in the renewable energy space will ensure a commensurate change in the world.

“This Budget will play a key role in establishing India as a lead player in the global green energy market. That is why, today, I invite every stakeholder of the energy world to invest in India,” the Prime Minister said.

Referring to the global efforts for diversification of the energy supply chain, the Prime Minister said that this Budget has given a great opportunity to every green energy investor to invest in India.

This will also be very useful for the startups in the sector, he added.

“India has been the fastest when it comes to renewable energy capacity addition among major economies since 2014,” the Prime Minister said.

He further added that India’s track record shows its capability to achieve the objectives before time when it comes to renewable energy resources.

The webinar led by the Union Ministry of Power will have six breakout sessions covering both energy and non-energy components of Green Growth.

Besides Ministers and Secretaries of concerned Central Government Ministries, a host of stakeholders drawn from state governments, industry, academia & research institutions and the public sector would attend these webinars and contribute through suggestions for better implementation of budgetary announcements. (KNN Bureau)