February 1, 2026 1:36 PM
FM bets big on India’s green future: ₹20,000 crore boost for Carbon Capture Revolution
In a major step towards India’s net-zero ambitions, Finance Minister Nirmala Sitharaman announced an allocation of ₹20,000 crore over the next five years for Carbon Capture, Utilisation and Storage (CCUS) technologies in the Union Budget 2026–27, presented on February 1. The funding aims to accelerate the deployment of CCUS across hard-to-abate industrial sectors, enabling India to meet its climate commitments while sustaining economic growth. CCUS involves capturing carbon dioxide emiss...