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The finance ministry, after extensive consultations with the Reserve Bank of India (RBI), multilateral institutions, and other stakeholders, is ready with the framework for its maiden Rs 16,000-crore green bond issuance.The framework is expected to cover funding of green and sustainable infrastructure across road, railway, urban transportation, agriculture, and social sectors, apart from renewable energy projects. As part of its second half of 2022-23 (FY23) borrowing calendar (October-March), the finance ministry had announced it would issue sovereign green bonds (SGBs) worth Rs 16,000 crore. With this, India will join the club of 25 nations so far whose governments have issued bonds to exclusively fund climate sustainability and green infrastructure projects and initiatives. RBI Headquarters: Mumbai Governor: Shaktikanta Das 4 Deputy Governors: T. Rabi Sankar, MK Jain, MD Patra, M Rajeshwar Rao Green bonds are bonds issued by corporates, sovereign entities, inter-governmental organizations, and multinational corporations whose proceeds are deployed towards environmentally sustainable projects. They have positive environmental and climate benefits such as energy efficiency, renewable energy, clean transportation, and sustainable water projects.
Which of the following is/are the correct guiding principles of Deen Dayal Antyodaya Yojana – National Livelihoods Mission (DAY-NRLM)?
I- The p...
Which of the following is the Implementing Agency of UJALA Scheme?
Recently the Central Government has given approval for creation of Bulk Drug Parks in which of the following places?
I- Himachal Pradesh
...How is the funding for the AMRUT Scheme divided between the Central and State Governments for cities with a population greater than 1 million?
What is the primary focus of the ASEAN-India Fund for Digital Future announced at the summit?
What percentage of an employee's basic salary is contributed to the EPF by the employee?
How does the PM Vishwakarma Scheme contribute to the preservation of India's cultural heritage?
Fill in the First Blank with the year Right to Education Act was passed.
Consider the following Statements.
Assertion (A): Each Country uses a different Poverty line to determine the level of Poverty in their own count...
Which of the following is FSSAI’s initiative to create safe, healthy, and sustainable food environments within various institutions and workplaces?