Budget Reaction Quote – Mr. Prashant Ruia, Director, Essar Capital

 Mr. Prashant Ruia, Director, Essar Capital.

“The attention and allocation to building green infrastructure and a decarbonized energy regime is the core of the union budget which puts India on the path of being future-proof. The ₹ 35,000 crore allocation for energy transition along with an ambitious target of 5 MMT of hydrogen will unleash new demand impulses across the length and breadth of the country, thereby fielding green growth. This has been complemented by custom duty and tax reliefs for green mobility.”