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Home Corporate Social Responsibility

Budget 2023 Paves Way for Sustainable Development, Green Growth

The allocation of wider budget towards sustainability-based infrastructure and capacity building as a positive move.

India CSR by India CSR
February 1, 2023
in Corporate Social Responsibility
Reading Time: 2 mins read
Green Development and SDGs

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With this progressive welcome, the budget aims to play a significant role in the torchbearer community for Sustainability.


NEW DELHI: Rajeev Sinha, Co-Founder of Onlygood – a unified sustainability monitoring and management platform, has expressed his thoughts on the recent Union Budget 2023. According to Sinha, the budget marks a “urgent pathway towards a more focused sustainable development of the nation and its economy.”

He highlighted the allocation of wider budget towards sustainability-based infrastructure and capacity building as a positive move. Sinha also appreciated the introduction of several green initiatives such as the Better Capacity Battery Energy Storage Systems, Green Credit Programme, PM-PRANAM Initiative, and GOBARdhan Scheme.

These measures, he believes, will contribute greatly to the country’s green growth and help achieve the net zero goals through energy transition objectives.

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Sinha expressed that this is a crucial year for sustainability, with the concept gaining considerable pace in the last year. He sees this budget as a step towards a more sustainable future and hopes to be a part of the torchbearer community in this mission.

In my opinion, this is going to be a very important year from the lens of Sustainability, as the trickle-down effect of this crucial concept has acquired a considerable pace in the last year. In this welcome advance, we shall hope to be an important part of Sustainability’s very own torchbearer community.


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