Rs 14,131.6 cr recovered from sale of Vijay Mallya’s assets: Sitharaman
The Finance Minister informed the Lok Sabha that the Enforcement Directorate (ED) has been successful in recovering assets from several high-profile economic offenders.
India’s commitment towards the climate change is very bold and one of the best among the community of nations, said Nirmala Sitharaman, Union finance minister on Wednesday.
Sitharaman was interacting with the global investors at the headquarters of the International Monetary Fund (IMF). She said that in a bid to fulfill its commitment to tackle climate change India has focused on generation of renewable energy.
Advertisement
The interactive session was organised by Federation of Indian Chambers of Commerce and Industry (FICCI) along with the US-India Strategic and Partnership Forum (USISPF).
Advertisement
“India’s commitment towards climate change was very bold in the way in which Prime Minister Narendra Modi came to Paris to COP21,” she said.
During the 21st session of the Conference of the Parties (COP21) of the United Nations Framework Convention on Climate Change (UNFCCC), held in Paris from November 30 to December 12, 2015, the 195 participating nations had negotiated and adopted the Paris Agreement. India made four commitments, including reducing greenhouse gas emission intensity of its GDP by 33 to 35 per cent below 2005 levels by 2030, under its Nationally Determined Contributions (NDC).
Minister said that while India can be found somewhere between 10 and 15 position or even further down in terms of carbon emission, it is the best among any set of countries in terms of commitment to fight against climate change.
“In order to fulfill the commitment given there, we have really focused on attention for generation of renewable energy. Solar takes the primary position on that. The awareness about building solar or renewable capacities is now down to every individual, rooftop solar set up are being built and everyone has given an opportunity to uplink to the grid,” she said.
Focusing on the major solar parks coming all over the country, Sitharaman said that India’s commitment to climate change is unmatched.
Advertisement
