ReferIndia News Budget 2026: CCUS push with Rs 20,000 crore outlay to help decarbonize hard-to-abate sectors

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Budget 2026: CCUS push with Rs 20,000 crore outlay to help decarbonize hard-to-abate sectors

Published on: Feb. 1, 2026, 3:13 p.m. | Source: The Economic Times

India's Union Budget allocates Rs 20,000 crore for carbon capture technology. This initiative will boost decarbonization in key industries like power, steel, cement, and chemicals. The goal is to scale up this technology to reduce emissions. This move supports India's climate goals and export competitiveness. The program aims to balance energy security with environmental targets.

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