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India Bets On Renewable Energy & Biotech

July 14, 2014

Asian Scientist/by T.V. Padma

Dashing the expectations of India’s scientific community, the newly elected government of Prime Minister Narendra Modi has only marginally increased the annual budgetary allocation for science departments.

The budget for 2014—2015 presented in Parliament this week sets aside one billion Indian rupees (US$16.6 million) for a national adaptation plan to give thrust to the renewable energy sector.

Finance minister Arun Jaitley also announced US$83.07 million for solar power plants in the states of Gujarat, Rajasthan, Tamil Nadu and the Ladakh region of Jammu and Kashmir.

Overall allocation for the renewable energy ministry is at US$158.4 million, down from last year’s US$254 million..................[Read More]

(The views expressed above are the personal views of writer)

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