Tags: Budget 2019

Budget to boost investment in renewable energy sector

Cheering the government’s proposal to set up mega manufacturing plants for solar cells, batteries and solar charging infrastructure, industry experts said the move will give a boost to the sunrise industry and Make in India programme. The industry experts, however, noted that such initiatives would require larger support structure in the form of soft loans, […]

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Views on Budget 2019: RK Singh, Union Minister of State for Power and New and Renewable Energy

India’s electrification success found a special mention in Finance Minster’s Budget speech. The Finance Minister said, “Till the year 2014, about 2.5 crore families were forced to live the life of 18th centuary without electricity. Under ‘Saubhagya Yojna’, we provided free electricity connection to almost every household. By March, 2019, all willing families will get […]

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Views on Budget 2019: Dr. Rahul Walawalkar, President, India Energy Storage Alliance (IESA)

Dr. Rahul Walawalkar, President, India Energy Storage Alliance (IESA) speaking on the Union Budget 2019 said “In line with the vision to make India pollution free, the Government of India has once again shown its commitment to encourage and implement electric vehicles and clean fuel energy. Announcements of tax rebates on the import of EV […]

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Views on Budget 2019: Gagan Vermani, CEO and Founder, MYSUN

Gagan Vermani, CEO and Founder, MYSUN speaking on the Union Budget 2019 said “For the second year in a row, Solar was a no-show at the 2019 Interim Union Budget, apart from a sole mention about the installed solar generation capacity addition in the past five years. While prices for solar have continued to drop […]

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Views on Budget 2019: Expected to Spur Consumer Spending and Economy’s Growth says SIAM

SIAM welcomes the Interim Budget 2019-20 announced by the Finance Minister today. The budget has taken in consideration all sections of the society, especially the distressed farmers and the weaker section of the society, to extend benefits in the form of direct transfers and tax sops. Also, it has equally made progressive expenditure plans through […]

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