News
Is GST compensation move dirtying clean energy funds?
- Date:
- April 14, 2017
- Source:
- Business Line
It was supposed to be India’s carbon tax. But is this source of clean energy funding being thrown out the window? In the last six years, the Union government has collected around ₹54,000 crore by levying a cess on every tonne of coal mined or imported. When it was introduced in 2010 by then Finance Minister Pranab Mukherjee, it was ₹50 a tonne. It was gradually raised to ₹400 a tonne by Arun…