Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • PM Modi in Manipur
  • Charlie Kirk killer
  • Sushila Karki
  • IND vs PAK
  • India-US ties
  • New human organ
  • Downton Abbey: The Grand Finale Movie Review
fp-logo
Budget 2022: Ten-point agenda to set right process rolling to arrest climate change
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • Business
  • Budget 2022: Ten-point agenda to set right process rolling to arrest climate change

Budget 2022: Ten-point agenda to set right process rolling to arrest climate change

Samit Jain • January 27, 2022, 10:00:46 IST
Whatsapp Facebook Twitter

Union Budget 2022-23: To go net-zero by 2070, environment, energy, water needs to become the mainstay of every Budget

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
Budget 2022: Ten-point agenda to set right process rolling to arrest climate change

That climate change is for real is no longer a question. Governments play a major role in determining the speed at which to arrest it. It is everyone’s responsibility that the next generation inherits the earth as we got it and more so for the government to lead by defining the right policies. Here’s a ten-point agenda for the Budget to set the right process rolling. Focus on R&D in clean energy First, to ensure a self-reliant India, focus on R&D in clean energy – hardware and science. Allow MSMEs to get exemption on their inhouse R&D expenditure in the areas of clean energy under Section 35 to the extent of 200 percent. CSR funds to be allowed the same exemption, if used for scientific research. This will encourage the industry to spend more on research and development. Make it mandatory for new construction to use green materials Make it mandatory for new construction to use green materials, thermal energy storage technologies for heating and cooling to reduce demand load for electricity. Extend income-tax rebate for expenses made towards the use of green materials in construction. Increase research grants for energy efficiency Increase research grants from the Department of Science and Technology (DST) and relevant ministries for energy efficiency, clean energy, sustainable solutions directly to industry. The Department of Biotechnology has done it very efficiently and the grant-giving is very smooth and extremely fast. DST, however, is still bureaucratic. The same process needs to be followed for DST grants. Merge Ministries of Environment, Health, Sports Merge the Ministry of Environment, Ministry of Health and Family Welfare, and Ministry of Youth and sports. Sports need a good environment and lead to better health. A focus has to be on the environment and physical activity to reduce the healthcare expenses of the country in the long run. A healthy individual is a result of a clean environment and physical exercise besides nutrition. These are interlinked and need to be looked at holistically. Ministry of Environment, Health, and Sports would be an ideal Ministry to have. This ministry should be considered as important as the Ministry of Defence or External Affairs. Prioritise adoption of EVs, sustainable means of transport The adoption of Electric vehicles and other sustainable transport means like metros, buses need to be prioritised. Encourage office goers to move towards the use of public transport by reducing costs through subsidized transport. Waive road tax on EVs or introduce higher taxes on petrol or diesel vehicles. Give a fillip to the automotive industry by phasing out all diesel buses more than 10 years old and incentivising states to introduce electric buses. Make it mandatory for all petrol pumps to have at least 4 EV charging stations. Petrol pumps already have access to electricity, only space for cars needs to be carved out. Create dedicated cycling, walking paths in cities Increase spending on infrastructure for the ease of living – through creating dedicated cycling and walking paths in all cities. This will give a great boost to the bicycle industry, electric cycles, reduce pollution substantially, encourage walking and cycling and indirectly reduce health expenses for the state. Learning from the pandemic is that we need to prepare for future pandemics. Shutting down cities will only create poverty. But if you create open cities for people to go about their work, shutting down will not be necessary. Provide grants for cold chain agri storage, transport Cold chain transport and storage in the agriculture space has become a necessity to prevent food wastage as well as double farmers’ income. Simplify the process for village entrepreneurship models through startup India grants. Let village youth come together and associate themselves with a company of their choice and start providing distributed renewable energy-based solutions as a service. Cooling appliances should get energy star ratings Eighth, cooling is going to be the largest energy guzzler as India modernises. Make it mandatory for all cooling appliances to get energy star ratings. Connect industrial hubs to port via rail

Prioritise investments in moving from road to rail. Every industrial hub in each state should be directly connected to the port via rail. This will allow cheaper transport and make the export of goods competitive. Introduce energy-related curriculum in ITIs Introduce energy-related curriculum and capacity building in the ITI’s. Each ITI must be adopted by industry in the energy sector to train individuals on the latest technology. Trained manpower is required for India to become a manufacturing hub. India made an ambitious commitment at COP 26 – to go net-zero by 2070. A distant dream, but if it is to be achieved, no time can be lost and the environment, energy, and water need to become the mainstay of the Budget every year for the next 50 years. The writer is MD, Pluss Advanced Technologies. Views are personal. Read all the Latest News , Trending News ,  Cricket News , Bollywood News , India News and Entertainment News here. Follow us on Facebook, Twitter and Instagram.

Tags
climate change Budget Union Budget Budget expectation clean energy Budget Live Union Budget Live Indian Budget budget live streaming. income tax slab Budget news nirmala sitharaman budget budget 2022 23 budget 2022 Union Budget 2022 Agriculture sector 2022 Infrastructure sector 2022 Budget news and updates 2022 Union Budget news 2022 Union Budget 2022 Budget Union Budget 2022 23 union budget 2022 date india budget 2022 date Indian Union budget 2022 union budget 2022 highlights union budget 2022 23 pdf budget 2022 date union budget 2022 pdf budget 2022 pdf highlights of budget 2022 budget updates 2022 budget 2022 highlights india budget 2022 tax slab live budget 2022 time budget time today budget 2022 live updates todays budget tax slabs in new budget budget 2022 live Budget 2022 Expectation Consumer 2022 Infra 2022
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Impact Shorts

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Chennai leads India in challan checks, with drivers checking their e-challans over 5 times a month on average. Helmet non-compliance is the most broken rule, accounting for 34.8% of all traffic offences in Chennai. Regular digital challan checks help drivers avoid hefty fines, promote safe driving, and improve insurance premiums.

More Impact Shorts

Top Stories

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV