What is Priority Sector Lending? Priority Sector means those sectors which the Government of India and Reserve Bank of India consider as important for the development of the basic needs of the country and are to be given priority over …
What’s in the news? The government has announced that it will blend compressed biogas with natural gas to reduce import dependence and boost domestic demand. The mandatory phased introduction will start at 1% for use in automobiles and households from …
Context Electric vehicles are key to decarbonise mobility. India’s ambitious electrification programme supported by upscaled domestic battery manufacturing will require a secured supply of battery materials. Indian Scenario India plans to achieve 100% electrification of two and three wheelers and …
About ISA The International Solar Alliance (ISA) was conceived as a joint effort by India and France to mobilize efforts against climate change through deployment of solar energy solutions. It was conceptualized on the sidelines of the 21st Conference of …
Context “Our dependence on fossil fuels amounts to global pyromania, and the only fire extinguisher we have at our disposal is renewable energy.” India is the fastest-growing economy globally and has overtaken the UK to become the 5th largest …
About ISA The International Solar Alliance (ISA) was conceived as a joint effort by India and France to mobilize efforts against climate change through deployment of solar energy solutions. It was conceptualized on the sidelines of the 21st Conference of …
What’s in the news? Prime Minister Narendra Modi along with the leaders of Singapore, Bangladesh, Italy, USA, Brazil, Argentina, Mauritius and UAE, launched the Global Biofuel Alliance on 9 September 2023, on the sidelines of the G20 Summit in New …
What’s in the news? The Union Cabinet has approved the Scheme for Viability Gap Funding (VGF) for development of Battery Energy Storage Systems (BESS). The approved scheme envisages development of 4,000 MWh of BESS projects by 2030-31, with a financial …