The Union Budget 2026-27 continues India's strategic, yet cautious, climate funding with a major push for Carbon Capture, Utilisation and Storage (CCUS) and rooftop solar. This reflects a dual imperative: meeting domestic climate goals while safeguarding export competitiveness, especially for steel and aluminium facing the EU's Carbon Border Adjustment Mechanism (CBAM).
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- ›CCUS Outlay: ₹20,000 crore (5-year)
- ›Rooftop Solar (2026-27): ₹22,000 crore
- ›Target this Data: ₹20,000 crore (5-year CCUS outlay) and ₹22,000 crore (Rooftop Solar 2026-27).
- ›Target this Nodal Body: Ministry of Finance (Union Budget) and Ministry of New & Renewable Energy (solar schemes).
- ›Target this Legal Point: Zero basic customs duty on imports of nuclear plant equipment extended until 2035.
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