India Rejects EU Carbon Tax Proposal

31 Jul 2024 CW Team

India has expressed strong disapproval of the European Union's carbon tax proposal, deeming it unfair and unacceptable. According to Indian officials, the proposed tax could have adverse effects on the country's economy and its trade relations with the EU.

The EU's carbon tax aims to impose charges on imports based on their carbon emissions, a move designed to promote environmental sustainability and reduce global carbon footprints. However, Indian officials argue that the tax unfairly targets developing countries and could undermine their economic growth. They contend that such measures disproportionately affect nations with emerging economies that are still in the process of expanding their industrial and manufacturing capabilities.

India's criticism centers on the potential economic impact, suggesting that the carbon tax could increase the cost of Indian exports to the EU, making them less competitive. This, in turn, could negatively affect Indian industries and lead to economic repercussions. Furthermore, India believes that the carbon tax does not take into account the diverse economic contexts and developmental stages of different countries.

In response, India has called for a more equitable approach that considers the developmental needs of emerging economies while still addressing global climate goals. Indian officials emphasize the importance of collaborative and inclusive strategies to combat climate change without imposing disproportionate burdens on less developed nations.

India's stance highlights the ongoing debate over how global climate policies should balance environmental objectives with the economic realities of developing countries. The country continues to advocate for fairer international trade and environmental policies that support sustainable development for all nations.

Infrastructure Transport

29 Oct 2025

Railways approves major upgrade for Telangana traction lines

The Ministry of Railways has approved the upgradation of the electric traction system in two crucial railway sections — Medchal–Mudkhed (225 km) and Mahbubnagar–Dhone (184 km). The projects, costing Rs 1.93 billion and Rs 1.23 billion respectively, will enhance the electric traction capacity from 1X25 KV to 2X25 KV. The work includes modifications to circuit breakers and switching stations, along with the installation of additional conductors. These routes serve as vital links between Northern and Southern India via Hyderabad. Once completed, the upgraded system will reduce voltage dro..

Adani to invest Rs 425 billion more in Maharashtra’s Dighi Port

The Adani Group has committed to invest an additional Rs 425 billion in the Dighi Port project, located along Maharashtra’s coastal Konkan belt, government officials announced on Monday. Adani Ports and Special Economic Zone (APSEZ)-run Dighi Ports signed a memorandum of understanding (MoU) with the Maharashtra government to undertake the expansion of the port and related infrastructure. This new commitment comes as part of a broader investment initiative by the state. Chief Minister Devendra Fadnavis said the agreement is among 15 MoUs worth over Rs 560 billion signed during the opening d..

HUDCO, JNPA sign Rs 50 billion deal for port development

In a strategic move, the Housing and Urban Development Corporation Ltd (HUDCO) has signed a Memorandum of Understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA) for an investment of Rs 50 billion to revamp and develop port infrastructure. The non-binding agreement is intended to strengthen cooperation on both existing and upcoming infrastructure projects, with a focus on development, financing, and refinancing of port facilities at the Jawaharlal Nehru Port. The MoU was formalised with the signatures of Sanjay Kulshrestha, Chairman and Managing Director of HUDCO, and Unmesh Shar..