In the emphasis on railways, energy, port corridors and tourism, Budget ignores the lessons learnt from climate disasters, makes no provisions to tackle pollution
Finance Minister Nirmala Sitharaman’s Budget Speech 2024 references the ‘Panchamrit’ goals of India’s international commitments of net-zero by 2070 made at CoP26 of the UNFCC; However, the Budget’s focus on “unprecedented development, and golden moments to realise the dream of developed India @ 2047” entirely dominates, at the cost of environment and of India’s climate commitments.
A focus for railways for “energy, mineral and cement corridors” will be implemented under the more-than-trillion-dollar PM Gati Shakti (which “will also help in safety and higher speed travel for passenger trains”).
The Budget’s focus on energy and minerals emphasises our ever-increasing reliance on mineral extraction, especially coal, a primary driver of the climate crisis.
‘Coal – Indian Energy Choice’ proclaims the website of the Ministry of Coal, Government of India. As India’s energy needs expand due to our development needs, ever-increasing amounts of coal are extracted from eco-sensitive areas. Even as tree-felling to extract coal began in December 2023, local protests spanning 22 months intensified in Hariharpur, a village in the 1,700 square-kilometre eco-sensitive forests of Hasdeo in Chhattisgarh.
The Budget also focuses on a need for “port connectivity corridors”. Railway corridors will clear the way for faster development of other eco-sensitive areas along our coasts and vulnerable islands. The Lakshadweep Islands were specifically mentioned for accelerated development in the Budget Speech; other plans which will decimate ecologically fragile areas include the plan for a mega-port and airport at the Great Nicobar Island.