 "Economy")
At a time when climate change is coursing through the economy with deleterious consequences, the Union Budget 2023-24 has put the spotlight on sustainable development and a circular economy.
The Ministry of Environment, Forest and Climate Change (MoEFCC) got no substantial increase in its budgetary grant, even as India aims for lofty goals in climate action.
Union Finance Minister Nirmala Sitharaman, while citing India’s climate commitment LiFE (Lifestyle for Environment), said: “India is moving forward firmly for the ‘panchamrit’ and net-zero carbon emission by 2070 to usher in green industrial and economic transition. This Budget builds on our focus on green growth.”
