R K Singh lauds Budget; renewables players say no policy directives


R K Singh lauds Budget; renewables players say no policy directives

Union Minister of State for Power and New & Renewable Energy R K Singh Friday called the Budget 2019-20 “historic, people-friendly and forward-looking” as it provides assistance to all needy sectors while maintaining fiscal prudence.

However, some renewable energy sector players have expressed their disappointment on the Budget, saying it provided no ray of hope as there was no policy directive to promote manufacturing, especially renewables, when there is a scarcity of funding for clean energy projects.

“Interim Budget 2019-20 is historic, it’s people-friendly and forward-looking. It provides assistance to all sectors which need assistance at the same time maintaining fiscal prudence,” said Singh said in a statement. Read More

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