News From Press India to issue Rs 20,000-crore Sovereign Green Bonds in second half of FY24 — how you can invest

India to issue Rs 20,000-crore Sovereign Green Bonds in second half of FY24 — how you can invest

Source: CNBCTV18 Sep 28, 2023

In a significant move towards environmental sustainability, the government has announced its intention to issue Sovereign Green Bonds (SGrBs) worth Rs 20,000 crore as part of its broader borrowing programme for the second half of fiscal year 2023-24. The announcement, made by Ajay Seth, Secretary of the Department of Economic Affairs (DEA), on Tuesday, September 26, builds upon the positive market response observed in the previous year when the government first ventured into the realm of green bonds.

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