West Bengal Links 69 Per Cent Of Budget To SDGs
POWER & RENEWABLE ENERGY

West Bengal Links 69 Per Cent Of Budget To SDGs

West Bengal has linked nearly Rs 3.01 trillion (tn) to the United Nations sustainable development goals, equal to about 69 per cent of a state budget of Rs 4.38 tn. The budget document presents the exercise as the state's first effort to align fiscal commitments with the UN 2030 Agenda and to embed the goals into governance. Environmental sustainability is highlighted with emphasis on the Sundarbans and ecosystem restoration.

Highest allocation is linked to SDG 10 on reducing inequalities, at about Rs 530 billion (bn). Other major allocations address poverty, economic growth and education, at about Rs 314.08 bn, Rs 285.49 bn and Rs 283.5 bn respectively. A finance department official said the SDG budget work began under the previous administration and was completed with support from the new finance minister.

Budget documents indicate a shift in Sundarbans policy towards waterways and pontoon based jetties rather than bridge led connectivity, with an allocation of Rs 1 bn for related infrastructure. Promotion of solar operated boats is planned and initial work on the Gangasagar bridge has been cleared. Two delta projects are listed for multilateral funding at estimated costs of Rs 13.53 bn and Rs 41 bn.

Climate finance proposals include a West Bengal Climate Resilient Fund and a West Bengal Climate Finance Facility, with a proposed Rs 2 bn allocation to mobilise finance and support projects. The budget links carbon credit mechanisms to potential revenue for the State Action Plan on Climate Change. Analysts welcomed the climate focus while urging robust governance for delivery.

Energy plans aim to meet demand, currently 13 gigawatts (GW) and projected to reach 16 GW in two years and 27 GW by 2035, through new thermal capacity and a floating solar project at Bakreshwar Dam estimated at Rs 20 bn. The plan targets 200,000 rooftop solar installations and notes gaps in environment allocations.

West Bengal has linked nearly Rs 3.01 trillion (tn) to the United Nations sustainable development goals, equal to about 69 per cent of a state budget of Rs 4.38 tn. The budget document presents the exercise as the state's first effort to align fiscal commitments with the UN 2030 Agenda and to embed the goals into governance. Environmental sustainability is highlighted with emphasis on the Sundarbans and ecosystem restoration. Highest allocation is linked to SDG 10 on reducing inequalities, at about Rs 530 billion (bn). Other major allocations address poverty, economic growth and education, at about Rs 314.08 bn, Rs 285.49 bn and Rs 283.5 bn respectively. A finance department official said the SDG budget work began under the previous administration and was completed with support from the new finance minister. Budget documents indicate a shift in Sundarbans policy towards waterways and pontoon based jetties rather than bridge led connectivity, with an allocation of Rs 1 bn for related infrastructure. Promotion of solar operated boats is planned and initial work on the Gangasagar bridge has been cleared. Two delta projects are listed for multilateral funding at estimated costs of Rs 13.53 bn and Rs 41 bn. Climate finance proposals include a West Bengal Climate Resilient Fund and a West Bengal Climate Finance Facility, with a proposed Rs 2 bn allocation to mobilise finance and support projects. The budget links carbon credit mechanisms to potential revenue for the State Action Plan on Climate Change. Analysts welcomed the climate focus while urging robust governance for delivery. Energy plans aim to meet demand, currently 13 gigawatts (GW) and projected to reach 16 GW in two years and 27 GW by 2035, through new thermal capacity and a floating solar project at Bakreshwar Dam estimated at Rs 20 bn. The plan targets 200,000 rooftop solar installations and notes gaps in environment allocations.

Next Story
Resources

K2 Infragen appoints D K Raju to lead HAM projects

K2 Infragen has appointed D K Raju as Senior Vice President to lead its Hybrid Annuity Model (HAM) project portfolio, strengthening the company's execution capabilities as it expands its infrastructure business.Raju brings more than 27 years of experience in infrastructure project execution, planning, quantity surveying, tendering and technical operations. He has previously held senior positions at HG Infra Engineering, Allone Infra and Techno Unique Infratech.In his new role, Raju will oversee execution of K2 Infragen's Rs 3.91 billion Telangana road project under the Hybrid Annuity Model, in..

Next Story
Infrastructure Urban

AI Data Centre Leaders Map India’s Infrastructure Roadmap

Mumbai, 22 July 2026: As artificial intelligence reshapes global digital infrastructure, industry leaders gathered in Mumbai today at the AI-Powered Data Centre Conference 2026 to discuss how India can build the capacity, technology and ecosystem required to emerge as a global AI infrastructure hub. Organised by ASAPP Info Global Group and conceptualised by FIRST Construction Council, the conference revolved around the theme, “From Capacity Gap to AI Superpower: Building India's Digital Backbone for the Intelligence Economy.” Bringing together developers, technology providers, enterpr..

Next Story
Real Estate

SPML Infra raises over Rs 1.9 billion through preferential issue

SPML Infra has raised more than Rs 1.9 billion through a preferential issue of equity shares and convertible warrants, aimed at strengthening its balance sheet, funding growth and converting debt into equity.The company's board approved the allotment of 693,999 equity shares and 9.54 million convertible warrants at Rs 186 per security. The warrants are convertible into equity shares within 18 months in accordance with SEBI regulations.As part of the transaction, National Asset Reconstruction Company (NARCL) converted an existing loan of Rs 71.6 million into 384,858 equity shares. SPML said the..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement