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Govt May Mandate Public Procurement Of 25% Green Steel
Business Standard
|July 26, 2025
EU's CBAM Is Against Spirit Of FTA: Official
The government is finalising a green steel procurement mandate, with a potential 25 per cent target, even as it criticises the European Union's Carbon Border Adjustment Mechanism (CBAM) as a trade barrier that undermines ongoing India-EU free-trade agreement (FTA) talks.
Ashwini Kumar, economic advisor to the Ministry of Steel, confirmed that public procurement would play a key role in creating a market for low-emission steel. He said the government was considering a mandate to ensure green steel is not edged out by cheaper, high-emission alternatives.
Dit verhaal komt uit de July 26, 2025-editie van Business Standard.
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