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Big News: Mumbai becomes the first South Asian city to set a net-zero target by 2050; Four Indian states announce their budget for the financial year 2022-23; Tamil Nadu announces its data policy; Ministry of Power issues guidelines for procuring and utilizing battery storage systems; and more.

Industrial Policy & Business Regulations

Tamil Nadu announces its data policy. The policy aims to promote evidence-based and data-driven decision-making within the state. The policy proposes creating state-level and inter-departmental committees for the policy rollout. Source: New Indian Express; In detail: Tamil Nadu Data Policy 2022

Arunachal Pradesh announces its budget for the financial year (FY) 2022-23. The budget estimates the state’s total receipt and expenditure at $3.39 billion and $3.42 billion, respectively. Source: Sentinelassam; In detail: Arunachal Pradesh Budget

Assam announces its budget for FY 2022-23. The budget estimates the state’s total receipt and expenditure at $11.90 billion and $11.96 billion, respectively. Source: Eastmojo; In detail: Assam Budget

Jammu and Kashmir announce their budget for FY 2022-23. The budget estimates the union territories’ total receipt and expenditure at $15.06 billion and $15.06 billion, respectively. Source: Business Standard; In detail: Jammu and Kashmir Budget

Tripura announces its budget for FY 2022-23. The budget estimates the state’s total receipt and expenditure at $3.51 billion and $3.59 billion, respectively. Source: Indian Express; In detail: Tripura Budget

Tamil Nadu announces its budget for FY 2022-23. The budget estimates the state’s total receipt and expenditure at $30.85 billion and $37.89 billion, respectively. Source: The Hindu; In detail: Tamil Nadu Budget

Land Acquisition & Labor Regulations

Himachal Pradesh amends its land ceiling act. The amendment aims to protect the state’s tea industry by curbing the sale of tea estate land. Source: The Statesman; In detail: Assembly Proceedings

Infrastructure & Governance

Nothing critical to report this week

Climate Change

Maharashtra releases its Mumbai Climate Action Plan 2022. The plan lays a roadmap to zero out Mumbai’s carbon emissions by 2050. Source: Bloomberg; In detail: Mumbai Climate Action Plan 2022

Haryana passes a bill exempting tractors from a ban on ten-year-old diesel-vehicle for three years. Currently, diesel and petrol vehicles older than ten and 15 years, respectively, are banned in the National Capital Region. Source: Indian Express; In detail: Vidhan Sabha - List of Business

Oil & Gas

Nothing critical to report this week

Water & Sanitation

Nothing critical to report this week

Power & Renewable Energy

Uttarakhand Electricity Regulatory Commission (UERC) issues a draft amendment to its Deviation Settlement Mechanism (DSM) and Related Matters Regulations, 2017. Source: Mercom; In detail: Draft First Amendment UERC DSM Regulation 2022

Health

Nothing critical to report this week

Business Negative Reforms

Nothing critical to report this week

Any Other

N Biren Singh is sworn in as the chief minister of Manipur for the second consecutive term.

Source: NDTV; In detail: Chief Minister Office’s Tweet

Bhagwant Mann is sworn in as the 28th chief minister of Punjab. Source: Economic Times; In detail: Press Release

Center – State Relations

Ministry of Power issues guidelines for procuring and utilizing battery energy storage systems in electricity generation, transmission, and distribution assets. Source: Livemint; In detail: Guidelines