Hero Future Energies’ Post

23 July 2024....📈📉 This day plays a very crucial role in our Economy, citizens, domestic as well as FII's On this day we get to know about the Roadmap for next five years, on this day Hon'ble Nirmala Sitharaman mam Financial Times will announce the budget to the nation This time the peoples have a different expectations from the Budget Their are certain sectors which government may focus on this budget 1. Infrastructure investment, healthcare, education sector 2. IT sector 3. Agriculture sector 4. Green energy 5. Railway sector Why this sectors can get better allocations... 👇🏻 Significant increase in allocation of fund towards the 'Infrastructure investments, real estate, healthcare, education sector' laying a strong foundation for future growth 'IT sector' anticipates increased funding leads to advancements in digital infrastructure 'Agriculture sector' could witness transformational changes with advance assisted farming, potentially revolutionizing productivity 'Green Energy' initiatives can takes place underscoring the government Committment to sustainable development The most Booming sectors of now a days 'Railway Sector' may see increased allocations of funds for better connectivity and improved infrastructure As we await the unveiling of Union Budget, these expectations signals a major turning point for better future economic growth of our country #Unionbudget2024 #finance #tax #budget #infra #railway #healthcare #india #railways #parliament #money #IT #nation #economy

On July 23, the Hon’ble #FinanceMinister presented the maiden #Budget of the new #coalitionGovernment that laid emphasis on boosting employment, promoting skilling, and developing the #MSMEs, among other key announcements. Underscoring its commitment to long-term economic growth and #sustainabledevelopment, the Government highlighted nine priority areas in the Budget. The inclusion of #Energy Security as one of the priorities, the announcement of new policies and measures, the continued impetus to the 'Pradhan Mantri Surya Ghar Muft Bijli Yojna' as introduced in the interim budget, and other initiatives reflect the Government’s pragmatic focus on boosting the Energy sector. To read our expert summary of the Budgetary policy updates announced for the sector click here: https://lnkd.in/dvxNwbSD Nabin Ballodia Siddharth Tandon Rakesh Jha #BDOIndia #BudgetwithBDO #IndiaUnionBudget2024 #EmploymentBoost #EnergySecurity #SustainableDevelopment #PradhanMantriSuryaGharMuftBijliYojna #EnergySector #PolicyUpdates

The world today is at a cross roads. The transition to a sustainable economy requires a change in fiscal policies across the world, especially at the worlds top 10 economies. As one of the worlds fastest growing large economy, how India chooses to reduce its emission intensity, will be key for the peaking of global emission curves. Our budget is probably one of the most policies for us to do that! As a climate entrepreneur, I am quite positive that the union budget this year, is going to create major tailwinds for the growth of renewable energy in India. All eyes on the Respectable Finance Minister! More power to you ma’am! #climatechange #Budget

The market's response to the Interim Budget was neutral. However, the significant announcements made on infrastructure, green energy, and innovation are poised to have a lasting impact. The government's emphasis on strategic continuity and disciplined fiscal approach signals optimism for sectors, such as rural housing, green energy, and innovation-driven industries. Increased capital expenditure, expansion of infrastructure, and a focus on private sector participation signal a forward-looking approach, while the emphasis on research and innovation aims to boost India's global competitiveness in the long run. Read More: https://lnkd.in/gHzmtNDi #Infrastructure #GreenInfrastructure #OutlookMoney #InterimBudget

There were several mentions of #energytransition and emphasis on the need for a sustainable future in #Budget2024. But do the policy announcements measure up? Here are some initial thoughts from Vibhuti Garg, Institute for Energy Economics and Financial Analysis (IEEFA)'s Director - South Asia.

#budget2024 looks promising. Government rightly emphasizing the need for energy tranisiton. Some big announcements like setting up of critical minerals mission, development of climate finance taxonomy etc. But is this enough or was industry expecting more. Some initial thoughts on this year budget.

It was one of the bravest interim budget without worrying upcoming election results and no major freebies announcements. Sole focus on creating infrastructure, controlling fiscal deficit, expanding tax base and promoting green energy projects. FM is setting perfect launchpad to boost the Indian Economy. #budget2024 #indianeconomy #infrastructuredevelopment #gdpgrowth

July 23rd, 2024: A Turning Point for India's Energy Security The interim budget on February 1st laid a strong foundation for a net-zero green economy, setting high expectations for the full budget. On July 23rd, Finance Minister Nirmala Sitharaman will present the Union Budget under the Modi 3.0 administration. Industry leaders and economic stakeholders are eagerly awaiting the announcement. They expect themes focused on development, job creation, inflation control, and fiscal management. In the climate and sustainability sectors, hopes are high. Two key areas are at the forefront: 1. India's commitment to a net-zero future and the focus on renewable energy and sustainable mobility. Predictions suggest green taxes to stimulate domestic manufacturing in green energy and mobility sectors. 2. Given India's heavy reliance on coal, there is a strong desire for policies promoting solar energy production. Additionally, reforms in GST and tax structures for Special Purpose Vehicles (SPVs) in power generation and infrastructure projects are anticipated. What trends do you expect to see in the upcoming budget to bolster India's energy security? #UnionBudget2024 #GreenEconomy #SolarEnergy #cleanertomorrow #SafEarth

Highlights of Interim Union Budget 2024-25 Prime Minister Narendra Modi hailed the Budget presented yesterday as “not merely an interim budget but an inclusive and innovative budget." Prime Minister Modi asserted, "this budget carries the confidence of continuity." The Prime Minister further said, "This budget will empower all pillars of developed India - the youth, the poor, women, and farmers." PM Modi emphasized on the government’s emphasis to empower the poor and middle class by creating new opportunities for them in this budget. He mentioned the Roof Top Solar Campaign where 1 crore families will avail free electricity, while also earn an income of Rs 15,000 to Rs 18,000 per year by selling excess electricity to the government. Earthood presents the highlights of the Budget for the understanding of its followers. We are always available for our followers and clients to serve them in the space of #climatechange #decarbonization #esgreporting #esgassurance #cbam #ghgaccounting #carbonmarkets Avinash Kumar is the Executive Director of Earthood which is No.1 carbon validation and verification company.

Key Highlights of Union Budget 2024-25 "Budget for Viksit Bharat!!  So, Apart from the tax proposals in the Budget, let us have a glance at how the 9 priorities of Viksit Bharat Budget are proposing to address Climate change and Sustainability!!"