Govt likely to issue green bonds in Jan-March quarter: MoS Finance ...Middle East

Sovereign Green Bonds are likely to be issued during the January-March period of the current fiscal, Minister of State for Finance Pankaj Chaudhary said on Tuesday. The objective of Sovereign Green Bonds is to mobilize resources for green infrastructure as part of the government's overall market borrowings in 2022-23, he said in a written reply in the Rajya Sabha. "The framework for these bonds has been brought out. The bonds are likely to be issued from January to March 2023. The proceeds will be deployed in public sector projects which help in reducing carbon intensity of the economy," he said. Replying to another question, he said the value of the Indian rupee is market-determined. As glo

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Last updated : 13 Dec 2022 clock 01:29 PM

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Govt likely to issue green bonds in Jan-March quarter: MoS Finance ...Middle East

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