Share Market Highlights 23 July 2024: Sensex, Nifty settle marginally down in volatile trade on eventful Budget day
Post budget reactions: Gul Basantani, Partner, Government, Infrastructure, Development sector Advisory Services, Forvis Mazars in India:
“Finance Minister Nirmala Sitharaman’s focus on energy security is crucial for addressing India’s growing energy demands and meeting NDC targets. The Economic Survey 2023-24 emphasises the need for a diversified energy mix to ensure sustainable growth. With energy needs projected to grow 2-2.5 times by 2047, addressing renewable energy challenges is imperative. The new 2400 megawatt power plant and the PM Suryaghar Muft Bijli Yojana, providing free solar electricity to 1 crore households, are significant steps. These initiatives will boost our energy infrastructure and encourage renewable energy adoption.
“Finance Minister Nirmala Sitharaman’s focus on energy security is crucial for addressing India’s growing energy demands and meeting NDC targets. The Economic Survey 2023-24 emphasises the need for a diversified energy mix to ensure sustainable growth. With energy needs projected to grow 2-2.5 times by 2047, addressing renewable energy challenges is imperative. The new 2400 megawatt power plant and the PM Suryaghar Muft Bijli Yojana, providing free solar electricity to 1 crore households, are significant steps. These initiatives will boost our energy infrastructure and encourage renewable energy adoption.