GK and monthly revision

Rs 19,700-crore carbon capture scheme gets nod

The Indian government has approved a carbon capture, utilisation and storage (CCUS) scheme worth ₹19,700 crore, expected to attract investments of approximately ₹37,500 crore. This initiative aims to create a carbon-capture capacity of 7 million tonnes annually, highlighting India's commitment to reducing carbon emissions and promoting sustainable practices. The next step involves seeking approval from the Union Cabinet, marking a significant move towards environmental sustainability.