What are the key changes in the Centre's green credit programme norms
Discussing recent modifications made to the green credit programme by the government.
The recent modifications to the Centre's green credit programme norms include:
- Expanding the scope of eligible projects to include sustainable agriculture and waste management initiatives.
- Increasing the loan limit for green energy projects to encourage more investments in renewable energy sources.
- Streamlining the application process to make it more efficient and accessible for borrowers.
- Introducing incentives for banks to prioritize green projects by offering reduced interest rates or other benefits.
- Requiring regular monitoring and reporting on the environmental impact of funded projects to ensure compliance with sustainability standards.
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a year ago