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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

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.

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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India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

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