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Union Budget 2023: Customs Duty Cuts Boost Battery, Solar Manufacturing
The Union Budget 2023 introduces customs duty cuts on lithium-ion batteries and solar glass to enhance domestic manufacturing. This move aims to support the renewable energy sector, with a significant increase in the budget allocation for renewable energy initiatives. By reducing costs, the government seeks to promote sustainable energy solutions and strengthen the economy.
βοΈ AI Verdict
"A budget that aims to power up the green economy!"
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File ID: #381211Original Source: The Hindu β
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