Clean Subsidies Surge 31% to Rs 32,000 Cr, Fossil Capex Dominates
Clean energy subsidies in India rose by 31 per cent year on year to nearly Rs 32,000 crore in the 2023-24 financial year, while fossil fuel subsidies fell by 12 per cent, narrowing the gap between the two to its lowest level in five years, according to a new report. However, government support for fossil…