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
The Indian Railways has announced that the Jammu-Shri Mata Vaishno Devi Katra rail section will…
India has surpassed the United States to become Bangladesh's second-largest trading partner as per the…
India's ambitious restoration mission Project Cheetah is showing the strong momentum as the India's cheetah…
The Bharat Forge has signed the MoU with the State Government of Andhra Pradesh to…
India has notified the new technical standards for petrol blended with up to 30% ethanol.…
The Indian Government has launched the Ayush Anudan Portal, which is a major digital initiative…