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Big News: Delhi and Nagaland announce their budget for the financial year 2022-23; Telangana introduces a green electricity tariff; Gujarat tops NITI Aayog’s export preparedness index; Tamil Nadu launches its green fellowship program; and more.

Industrial Policy & Business Regulations

Delhi announces its budget for the financial year (FY) 2022-23. The budget estimates the state’s total receipt and expenditure at $10.1 billion and $10.1 billion, respectively. Source: News18; In detail: Delhi Budget

Nagaland announces its budget for FY 2022-23. The budget estimates the state’s total receipt and expenditure at $3.3 billion and $3.2 billion, respectively. Source: East Mojo; In detail: Budget Speech

Tripura assembly passes its ten bills, including the bill to abolish 227 acts, which are no longer relevant to the state. Source; North East Today

Land Acquisition & Labor Regulations

Nothing critical to report this week

Infrastructure & Governance

Gujarat tops NITI Aayog’s export preparedness index. The index measures the export potential and performance of states and union territories. Source: Times of India; In detail: Export Preparedness Index 2021

Climate Change

Tamil Nadu launches its green fellowship program. The program aims to engage youth in climate change adaptation and mitigation activities. Source: The Hindu; In detail: Government Order

Oil & Gas

Maharashtra reduces value added tax (VAT) on compressed natural gas by $0.11 per kilogram. The new VAT will be applicable from April 1, 2022. Source: Free Press Journal; In detail: Maharashtra Finance Minister’s Twitter

Water & Sanitation

Nagaland passes its groundwater regulation and control bill. The bill aims to maintain groundwater database and track the permit and extraction for water use. Source: Eastern Mirror;

Power & Renewable Energy

Assam Electricity Regulatory Commission approves a hike in the electricity tariff by $0.007 per kilowatt hour (kWh). Source: Economic Times; In detail: Tariff Order

Telangana hikes electricity tariff for domestic and other consumer categories by $0.006 and $0.013 per kWh, respectively. The electricity commission also approves an optional green tariff for industrial and commercial consumers to incentivize the use of clean energy. Source: Deccan Chronicle; In detail: Tariff Order

Health

Nothing critical to report this week

Business Negative Reforms

Nothing critical to report this week

Any Other

Yogi Adityanath is sworn in as chief minister of Uttar Pradesh for the second consecutive term. Source: Business Standard; In detail: Press Release (Hindi)

Pramod Sawant is sworn in as the chief minister of Goa for the second consecutive term. Source; India TV; In detail: CM Twitter

Pushkar Singh Dhami is sworn in as the chief minister of Uttarakhand for the second consecutive term. Source: The Tribune; In detail: Governor’s Tweet

Center – State Relations

The Ministry of New and Renewable Energy extends the scheduled commissioning date by three months for wind power projects due to supply chain disruptions. Source: Economic Times; In detail: Notification