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A BLUR OVER INDIA’S NEW CARBON CREDIT PLAN Syllabus: GS 3: Environment impact assessment Carbon credit and global market Why in the News? The Union Budget 2026 announced a ₹20,000 crore carbon credit programme, creating confusion over its intended scope. While official documents indicate a focus on Carbon Capture, Utilization, and Storage (CCUS) for industrial …
Read MoreB-SMILE Launches with ₹7,000 Crore Commitment Why in the News ? The Karnataka government has launched B-SMILE, a special-purpose vehicle with an initial ₹7,000 crore funding to execute large urban infrastructure projects in Bengaluru. The initiative aims to combine public funding and private investment for urban transformation. Understanding Formation and Ownership Structure: B-SMILE stands for …
Read MoreWhy in the news? The International Financial Services Centre Authority (IFSCA) is set to issue amended guidelines for direct listing on GIFT City exchanges within a month, facilitating the process for unlisted companies. Clarity has been achieved between the Reserve Bank of India (RBI) and IFSCA regarding the issuance of sovereign green bonds, awaiting the …
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