What changes has the Centre made to the green credit programme norms
The Centre has recently made adjustments to the norms of the green credit programme.
- Tightened criteria for eligible projects to ensure they are truly environmentally beneficial
- Reduced the maximum credit period from 15 years to 10 years
- Increased the minimum loan size from Rs. 10 crore to Rs. 50 crore
- Introducing a rating mechanism to assess the environmental impact of projects
- Emphasizing on projects that focus on renewable energy, waste management, and sustainable agriculture
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a year ago