PM Narendra Modi has cut environmental funding for India: TRFN | The Financial Express

PM Narendra Modi has cut environmental funding for India: TRFN | The Financial Express: "Environmentalists in India have expressed alarm over the new federal budget of the government of Prime Minister Narendra Modi, which they say heralds substantial cuts in environmental programmes and fails to address the country’s worsening pollution and vulnerability to climate change.
The budget for the Ministry of Environment, Forests and Climate Change for the fiscal year beginning April 1 has been reduced by 25 percent, from 22.6 billion Indian rupees ($360 million) to 16.8 billion rupees ($268 million).
In his budget speech, Finance Minister Arun Jaitley announced an increase in the target for renewable energy generating capacity, to 175,000 megawatts by 2022. But the Ministry of New and Renewable Energy will see its funding for the coming year reduced by more than two-thirds, to 3 billion rupees ($48 million).
“There is a disconnect between the budget speech and the allocations,” said Chandra Bhushan, deputy director general of the Centre for Science and Environment (CSE), a research and advocacy organisation based in Delhi."



'via Blog this'