India Allocates Rs 20,000 Crore for Carbon Capture and Expands Solar in 2026-27 Budget

India's Union Budget 2026-27 includes a significant 20,000 crore allocation over five years for Carbon Capture, Utilisation and Storage (CCUS) to address emissions in heavy industries like steel, cement, and refineries. The budget also expands rooftop solar initiatives under the PM Surya Ghar Muft Bijli Yojana. While these measures reflect ambitious climate goals aligned with India's 2070 net-zero target, experts note that CCUS remains costly and unproven at scale, indicating a cautious, pilot-phase approach amid implementation challenges.