Current Affairs   »   Import duty on Green Energy Equipment...

Import duty on Green Energy Equipment Increased by 20%

Import duty on Green Energy Equipment Increased by 20%_50.1

Finance Minister Nirmala Sitharaman has increased the import duty of green energy equipment like cells by 20% in the Budget 2020-21. The aim is to drive local manufacturing of the equipment and lowering the import of low-quality Chinese equipment.

Click Here To Get Test Series For SBI PO 2020

Currently, India is the third-largest consumer of energy after US and China. The manufacturing capacity of India as of now is 3 GW for solar cells.

Important takeaways for all competitive exams:

Finance Minister Of India: Nirmala Sitharaman

Find More National News Here

हिंदी में पढ़ें

Thank You, Your details have been submitted we will get back to you.


Leave a comment

Your email address will not be published. Required fields are marked *