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PM Narendra Modi's office proposes waiving carbon tax on coal

PM Narendra Modi's office proposes waiving carbon tax on coal

Monday, December 30, 2019, 5:30 PM

Indian Prime Minister Narendra Modi's office has proposed waiving a tax on coal to help finance pollution-curbing equipment, according to documents, but the move would also make coal more competitive in price with solar and wind energy. Modi's office has proposed waiving the carbon tax of 400 rupees ($5.61)per tonne that was levied on the production and import of coal, according to the documents.
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