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Finance Minister Announces “Green Bonds” to Mobilise Resources for Green Infrastructure; Experts Welcome Move

"India's global commitment to Climate Action is highly dependent on the devolution of the action plan to states and private sectors. The same will require investments in Technology, Access to green capital and, most important hard policy stands. The budget has taken the right step concerning easing access to green finance," Sameer Jain, Managing Director of Primus Partners, a business consultancy firm, said. Jain, however, warned that without a well-coordinated effort at state levels and institutional arrangements to monitor action, the progress would be slow.