The interim Budget 2019 has been announced by the provisional Finance Minister Piyush Goyal. Like the preceding two years, this year’s Budget also seems to have failed to supply to the domestic renewable energy sector.
In the Budget speech in Parliament, there were only transitory references to the renewable energy sector with the minister mostly discussing the major sectoral programs undertaken by the NDA government through the year.
Highlights of the Interim Budget 2019:
The interim Budget misses grants, incentives, or subsidies for the renewable energy sector, proving to be another lackluster for the renewable energy sector in India. It is alike to the Union Budget 2018-19 and the 2017-18 Budget which did not comprise any important subsidies or incentives for the renewable energy sector and brought the sector much displeasure.
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