INDIA’S INTENDED NATIONALLY DETERMINED CONTRIBUTION
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CLIMATE FINANCE POLICIES<br />
‣ Setting up of INR 3,500 million (USD 55.6 million) National Adaptation Fund.<br />
‣ Reduction in subsidies on fossil fuels including diesel, kerosene and domestic LPG.<br />
‣ Coal cess quadrupled from INR 50 to INR 200 per tonne to help finance clean energy projects and<br />
Ganga rejuvenation.<br />
‣ Introduction of Tax Free Infrastructure Bonds for funding of renewable energy projects.<br />
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