Indian Government Tag

What are Sovereign Green Bonds?

Introduction In the 2022 annual budget, our Finance Minister announced that the government proposes to issue sovereign green bonds with the aim of deploying resources for green infrastructure. The proceeds will be deployed in public sector projects to help reduce the economy’s carbon intensity. Our Finance Minister, Ms. Nirmala Sitharaman, approved the final sovereign green bonds...

Daily Market Analysis – 25th Feb 2021

Govt will monetize or modernize public sector: PM Modi Prime Minister Narendra Modi said India will “monetize or modernize” state-owned assets and that the government’s focus should be on public welfare schemes and development, rather than engaging in business.  “The government will go forward with the mantra of monetizing or modernize,” “PSEs (public sector enterprises) should not...