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9th January, 2017: Editorial Analysis of The Hindu and other Newspapers
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Today's lesson covers the Editorials from The Hindu, Indian Express and Livemint. The topics discussed are- Aadhar based digital economy, India-Nepal relations, Indian diaspora, Green bonds, Lodha panel and cricket reforms

Deepanshu Singh is teaching live on Unacademy Plus

Deepanshu Singh
Faculty- Indian Polity and Current Affairs| UPSC CSE Reserve list 2015| Consultant-G.O.I. Loves Geography Teaching since 2015

U
Unacademy user
sir nagoi ja nagor district. ch hoea
Raising air pollution is the most important issue affecting the metro cities in India, Chennai, Mumbai and Delhi being the foremost among them. Measures to tackle this menace: 1) Strict regulations to deregister old vehicles more than 15 years. 2) Discourage the use of diesel vehicles 3) Regulate the traffic of heavy diesel vehicles inside the city as 1%of the heavy vehicles contribute to 90% of pollution 4) Better air flow and carbon sink needs to be created, by more tree plantation along the roadside 5) Migrating polluting industries out of cities(as in case of Chennai, polluting industries are located inside the city itself). Some of the measures which were taken in Delhi can be implemented in other cities as well, 1) Recent judgement by SC to collect a green cess from the heavy vehicles entering the city can be implemented in Chennai as well. 2) The concept of Vehicle free zone as in Connaught place can also be implemented, government is currently incentivising the respective local government on this. But the issue of migrating the industries out of city has problems of its own in each city, in case of Chennai, since the industries are capital intensive it is not feasible to migrate them instead, measures like proper air and water treatment needs to be done before releasing them into the atmosphere. This is same in case of Mumbai well due to sheer size of both these cities compared to Delhi.
Kindly review :)
Jyoti Singh
3 years ago
Hi !! Vignesh ,Very nice answer.You also mention about Chennai and Mumbai too.Which I forgot in my answer.....!!!
Manu Singh
3 years ago
Discourage the use of diesel vehicles - Fossil fuel in itself is not a problem, technology is. If we have technology that can curtail the emissions we are not supposed to discourage the use of fossil fuels. C02 can be captured and can be stored in mines which are no longer used. This process is beneficial for maintaining the iso-static balance!
It is not a feasible measure as of now, especially in India manu :)
Manu Singh
3 years ago
Technology is available in our country as well. It is just that companies and industries haven't incorporated new technologies into their business as the leverage is being provided by the absence of strict laws and rules. I am unable to recall the name of a dutch company that is using some advanced tech to curb emissions. It was even ready to sell its tech to Indian industries.
Roobitha Masanam
3 years ago
A complete answer vignesh.. Keep it up:)
Am not saying it is not existing, am saying it is not feasible, may be too costly to operate. See Co2 emission is one of the most serious issue every country is facing, even China has installed a huge air purifier(Which is very costly by the way). If a method like this is feasible then why every country in tropic is going for Solar panel instead of buying this from Dutch? and instead of emitting Co2 and then buy some technology to store it, we can stop the emission itself right ? :-)
Utsav Srivastav
3 years ago
Hi vignesh you only touched Delhi in this context and if you touched it then you forget to mention the crop residue burning in nearby states a majority stakeholder. Also the 1% heavy diesel contributing 90% is not very precise factual data and i think you should avoid mentioning that. The pollution levels in Mumbai and Chennai are low compared to Delhi as the design of cities, population, coastal effect is prevalent in other cities so measure would be entirely dependent on local context rather applying same to all.
Hi Utsav, Thank you for reviewing :) Yes mentioning about Stubble burning was a good point but I wanted to limit my measures to stay within the word limit :) Yes Chennai and Mumbai's geographical location is different from Delhi but I hope the measures which I have suggested can be applicable to all irrespective of their location. Am I missing something there?
Utsav Srivastav
3 years ago
please read and review my answer
Arun Yogeshwaran
3 years ago
Hi Vignesh. Well written. But is it feasible to make cities vehicle free like the Connaught place you have mentioned.
Hi Arun, yes as per todays Hindu editorial, there are evidences which shows that establishing vehicle free zones are feasible economically as well :)
Arun Yogeshwaran
3 years ago
Thanks Vignesh. Im not yet aware :) Kindly review my answer :)
Utsav Srivastav
3 years ago
Hi Vignesh you missed the geo-economic context associated with coastal cities otherwise you have answered well as you do always.
Thank you Utsav :), But I think the size of the city as well as the economic activities compensate the geographical advantage :)
Utsav Srivastav
3 years ago
No way Vignesh geography plays huge role and also the other too were only state capital and old colonial cities with high literacy rates and also they are cosmopolitan cities so people are more aware with municipalities more vigilant.
Actually as am from Tamil Nadu I know how well the climate works there, Since it is part of NE monsoon area during the month of July to August the wind direction will be parallel to the city and hence there wont be much wind accompanied with lot of heat so at this point of time the intensity of the pollution is very high.
Utsav Srivastav
3 years ago
yeah you are correct Vignesh but sea effect is important you know as always and also stubble burning is less as all nearby states are coastal states.
Yeah that is right :)
Utsav Srivastav
3 years ago
yeah you are correct Vignesh but sea affect is huge and stubble burning effect is low as all nearby states have different agriculture and that too are coastal states. The Delhi pollution effect becomes huge as it is a landocked city with low annual rainfall.
Rakesh Vaidya
3 years ago
very good content and absolute
Hardik Siroha
3 years ago
good answer Vignesh, i feel that since stubble burning is more of a contributor for Delhi only so its fine if you didn't pay much heed to it as this question targeted metropolitan areas as a whole.
Yogesh Charan
3 years ago
sir, you partially introduced your answer....add the AQI ranking of moef and report of who of alarming pollution level in delhi In your 1st point add the taking of old vehicles by the govt. as some depreciating rate as these vehicles used by person of limited financial means, and recycle the vehicle. 2.Baning the diesel vehicles might skyrocket the cost of amenities. rather write prohibition in day hours on heavy diesel vehicles....and adding CRYSELIZER engines in new vehicle.....or adopting basel VI norms...as the euro VI 3. is fine 4.Just write afforestation or urban social forestry. for all the cities there must be robust public transportation.As the country is considered developed not when its poor has cars but when its rich uses public transportation. for mumbai congession cess can be imposed and for chennai pesdestrain walksapces can be constructed.while conservative argue that it will dampen the trade however, statistics from puducherry shows that people frequented market with rise in income for the same. otherwise answer is fine KWAR
Yogesh Charan
3 years ago
also write the ethonol blending plants in north india so the problem of stub burning can be addressed which will also increase farm income...helps in fiscal concerns....will decrease pollution and cheaper petrol and the produce will help in organic farming decreasing fossil fuel consumption hence current account UP....like 1 teer se 7-8 nishane...
Hi Yogesh, Thank you so much for your valuable suggestions :) But am afraid we cannot include these many points when writing the answer, we have to select the ones which we think is more important, Ideally 4 points is enough I hope :)
Yogesh Charan
3 years ago
just take whatever you think is effective from the suggestion. like basel norms VI and cristilizer machine.....urban transportation etc.....Keep writing brother
Thank you for that Yogesh :)
Rohit Mattu
3 years ago
I felt that no doubt your answer is welll structured but you should more focus on the measures rather than what govt is done is past .
Rohit Mattu
3 years ago
aand review mine one too :)
Harsh Garg
3 years ago
Good answer. Your answer writing routine motivated me to write as well. Please review my answer:)
Raunak Sinha
3 years ago
Good answer...a little over the word limit though.. :)
Thank you guy :). All measures were already taken care by government Rohit, problem is at the implementation stage :)
nice answer...but specific solutions for delhi, mumbai and chennai are missing..even i am not too sure of the correct answer..but i have tried...so please review mine...
Thank you Roopanshi :). Actually in my point of view, we have to analyse the feasibility of certain measure for each city
Gaurav Sharma
3 years ago
Hi Vignesh, answer is very good with many good points like industries, diesel vehicles. Just one suggestion :- Add two more reasons , 4 points on vehicles only, make it in one and If I could suggest you, paddy straw, biomass, farm litter, cow dung burning and proper emission standards and some alternatives like odd-even, electric buses etc.
Thank you so much for your valuable suggestions Gaurav :)
Abhishek Panwar
3 years ago
Its difficult to point out specific challenges faced by each metro cities, it would be feasible to point out common challenges faced by these metro cities,keeping the word limit in mind,As u have rightly done
Thank you Abhishek :)
Sony Mishra
3 years ago
One more point could be added...govt should develop public transport in a better way so that people will not have to use individual vehicles everytime, and thus it will reduce pollution upto some extent.
Thank you for the suggestions Sony :)
Abhishek Panwar
3 years ago
* *Solving air pollution requires behaviour change and institutionalization of measures that can considerably ameliorate the situation in long and hort term: Some of the long term measures could be:* * * (1)Policy initiatives: Like odd even scheme on the lines of paris and delhi(can reduce traffic congestion and air-pollution), cheap and efficient public transportation like Freiburg in germay (2)Technological Interventions:Initiatives to romote green technology, like battery technology nad fuel cell technology, solar energy technologie to power automobiles (3)Robust legal and regulatory regime governing Air quality: Making CPCB( Central pollution control board more efficient) (4) Change in social Approach:Promoting use of bicycles for shorter distances (5) Effective Plantation:Bamboo is a popular purifying houeplant can remove substance like carbon monoxide* Feasibility * * But above measures are not feasible in current scenario ,reasons being: (1) In effective policy initiatives: Sc pointed out Odd-even scheme needs to be coupled with measures like Car-pool lane (2) Lack of robust infrastructure : for technological interventions: India is still working on establihing Pan-India solar infrastructure (3) Solitary attitude of CPCB: Works in isolation, not in collaboration with Spcbs, does not have power to levy fines (4)Effetcive plantation requires proper awareness: Facts like where to grow bamboo plants are still not prevelant in public domain(we can plant bamboo plants on our socity walls, vacant plants (5) Lackadaisical approach of high-gentry: Unwilling to adopt bicycle as an alternative for shorter distances * Alternatives * *Keeping in mind feasibility of above long -term measures following alternative can be adopted: (1) Adoption of Known methods in place of policy initiatives like Od -even scheme: like washing roads on regular basis(will reduce road-dust emission), concrete bathing (2) Shift from solid fuels to cleaner andmore efficient technologies: like electricity, bio-gas (3) Amending Air( Prevention and control of pollution Act),1981:giving powers to CPCB to levy fines, making mandatory provisions for CPCB to work in collaboration with Spcbs (4) Planting more trees along road side: As it is more common than house-planting*
According to a study by WHO, nearly 6lakh Indians died due to air pollution which is 1/5th across the globe. Delhi tops the most polluted city and North India falls into CRITICAL AIR POLLUTION REGION. Some serious measures should be taken to improve people's living in polluted cities. It is not only the problem of our capital city but also other metropolitans like Chennai and Mumbai which follows Delhi. Some measures which can be taken are: 1) Use of Common transport 2) Reducing the practice of Slash and burn agriculture by introducing fodder quality crops 3) Introducing odd even formula in road like Delhi which was a successful trial 4) Banning age old vehicles to enter road and subsidies to exchange them with a new one 5) Growing more plants in roadside 6) Strict action against industries that do not follow pollution control board guidelines 7) Reducing burning crackers 8) Strict prohibition of smoking in public areas which mainly affects non smokers 9) Outdoor air purifier eg, Beijing Nature is for everyones' needs, not for anyone's greed. It is the time for people and government to work towards cleaner India so that we will give a SUSTAINABLE ENVIRONMENT to our future generations.
Roobitha Masanam
3 years ago
Kindly review friends
Hi Roobitha, Nice answer, Keep it up :)
Utsav Srivastav
3 years ago
Hi Roobitha nice answer , keep it up but be more specific about giving measures rather than a general approach, cite some policy measure with fund backing strategies in brief so that viability is more likely to accepted.
Roobitha Masanam
3 years ago
Thank you Srivastav.. I'll work on it and include:)
Amit Kumar
3 years ago
good answer but you should mention solution of pollution in mumbai and channi also.
Manu Singh
3 years ago
Nice, Crisp, Short :) But try to emphasize on use of renewable energy!
Hardik Siroha
3 years ago
Really good Roobitha, infact today yours and mine answer has lot of similarities :)
Roobitha Masanam
3 years ago
Thank you Amit.. Actually I dont know what to write particularly for mumbai and chennai... So only I've generalised my answer..
Roobitha Masanam
3 years ago
Yes Manu.. I'll include them:) Thank you
Rohit Mattu
3 years ago
Introduction is good and conclusiion but your measures need to be optimistic and you must give more stress on measures in this answer :) .. keep writing and do review mine one :)
As per WHO India and China are two worst polluted countries in terms of air pollution.New Delhi became the worst polluted place last year.The solutions to tackle air pollution menace in Indian metropolitans can be: 1.Timely adoption of Bharat VI engines.As automobiles and other vehicles are major contributor. 2.Increases forest cover in periphery or greenbelts inside cities. 3.Going for flexible timing of offices.It would ensure that jams due to peak hour are avoided.Stuck traffic emits CO which is a harmful polluter. 4.Shifting industries to tier 2 or 3 cities.This will not only lead to “inclusive growth” by “diffusion of economic activities” but also make air relatively cleaner. 5.Providing cleaner fuels to household.Use of JAM as mentioned in Economic Survey Chapter “Spreading JAM” can be done to provide DBT. 6.Imposing Green Cess which can be used for environmental projects 7.Improving public transport.Its said a developed country is one where rich prefer public transport. 8.Spreading awareness among masses.Large scale bursting of crackers worsened the situation post Diwali.Citizens need to be aware that its their city and their air which they are polluting. India will face significant reverses in economic growth and healthcare due to polluted air.World Bank has hinted at it in numerous reports.We need to understand that “nature in order to be tamed, must be obeyed”.Focus should be on providing a cleaner,greener and healthier environment for future generations to breathe in.
Hardik Siroha
3 years ago
Do review people :)
Hi Hardik, Very good answer :) Quality of your sentences are outstanding as usual. I think some points like, Cleaner fuel in households may be significant in rural areas but in metros they are easily eclipsed by the vehicular emission. so i think we need not to include them. Apart from that answer as well the conclusion part is really good. :)
Deeps Leelar
3 years ago
Nice points Hardik specially Diwali which in mind initially but forgot when writing please review mine
Hardik Siroha
3 years ago
Thanks Vignesh, actually Delhi have lot of BPL families using them so i included it.Ya but its quite possible that vehicle exhaust might be overpowering them when it comes to emissions.
Hardik Siroha
3 years ago
Thanks Deeps, don't worry its virtually impossible for a single person to cover everything.
Hardik Siroha
3 years ago
Sure i will :)
Roobitha Masanam
3 years ago
Very good answer Hardik.. In a generalised view our answer has same points but u have included some datas in particular.. But both of us have not answered separate measures for chennai and mumbai:)
Hardik Siroha
3 years ago
Thanks Roobitha, oh that means both of us did same mistake too! thats bad :)
Supreme court and NGT, from time to time, have re-iterated that healthy environment is basic right of every citizen. Healthy environment plays a very important role in the mental, physical development of an individual. Due to its negative impact on health, India loses a considerable amount of its GDP. There are several measures taken by various cities to tackle this menace. 1) SC has asked to levy green cess on heavy vehicles that enter the Delhi region. 2) De-registration of vehicles that are older than 15 years. 3) Concept of vehicle free zone is being implemented in CP on a pilot basis. 4) Temporary closure of thermal power plants. 5) Odd-even policy pf delhi govt. 6) BMC has checked illegal construction in many places in Mumbai. However, the result of many steps remains inconclusive due to poor implementation. Therefore, there is a need to take strict actions against those who violate the guidelines set by the govt. Along with that there are certain other steps that can be taken by the govt to check corruption. 1) Encourage use of public transport like Metro, Monorail, CNG buses. 2) Develop infrastructure for pedestrian and un-motorized transport. 3) Sensitize our police workforce and citizens regarding air pollution. 4) Co-operate with neighboring states like UP, Haryana and Punjab where paddy straw is burnt in open and contributes to the air pollution in Delhi. 5) Develop parks and other open spaces were tress can be planted. 6) Don't allow construction of heavy industries in the edge cities. 7) Incentivize and encourage people to use more and more renewable resources.
Roobitha Masanam
3 years ago
A neat and clear answer Manu..
Hi Manu, Nice points :) Since question is asking us to give some measures specifically for Chennai, Mumbai and Delhi, you can also mention some measures specific to them. Overall the answer is very good, Keep it up :)
Manu Singh
3 years ago
Thanks V ;) Thanks Roobitha :)
Amit Kumar
3 years ago
that duch compony is ExxonMobil ........Manu sir
Manu Singh
3 years ago
Thanks Amit and don't call me sir :)
Rohit Mattu
3 years ago
Very good clean and crisp :) keep writing and do review mine one :)
Tigin Kalistus
3 years ago
Precise, Good Job!
Indian constitution gives fundamental right to live (article 21) including good air to breath. The present scenario of cities shows that we have "right to breath good air" but "we don’t have good air to breath". Many Indian cities have been put under worst air quality index. Feasible Measures- 1) Switching to “Euro VI emission norms” as it causes the least pollution through vehicles. 2)Banning more polluting vehicles example NGT banned 15 year old vehicles in city. 3)Encouraging auto mobile companies to introduce less carbon emission vehicles. 4)industries should ask to comply with pollution norms with strict instruction. 5)Encouraging electric vehicles on the roads. 6)Frequent checking of even those vehicles who have already been issued pollution control certificates. 7)Car pooling should be encouraged. Air pollution is man made it can be rein easily but need concerted efforts from society as well as government only than we make the realisation of intended measures. Thus India has to innovate and develop new strategies to tackle air pollution in our country.
Roobitha Masanam
3 years ago
Nice answer jyoti. Introduction is good:)
Hi Jyoti, Very nice answer and measures :) I think you forgot the second part of the question, but overall the answer is good keep it up :)
Arun Yogeshwaran
3 years ago
Nice answer. Innovation is definitely needed as you suggest.
Rohit Mattu
3 years ago
More measures should be mentioned although answer is good and introducion is also good :) keep writing and do review mine one
  1. EDITORIAL ANALYSIS OF NEWSPAPERS IN LESSTHAN 10 MINUTES 9th J resented E anuary, 2017 shu chrome


  2. ABOUT ME . Educator @ unacademy B.Tech. Comp. Sc. (Hons.) NTSE and Debating Champion Appeared for CSE and IFoS mains Interests: Music, Quizzing, Fitness & Photography RATE REVIEW RECOMMEND https://unacademy.com/user/deepanshu.n.singh


  3. EDITORIALS COVERED IN TODAY'S LESSON The Hindu - Revisiting a passage from India "Looking towards a greener future Livemint Will Aadhaar help the poor become cashless? Indian Express .A level playing field Next Door Nepal: Being with the force


  4. QUESTIONS FOR ANSWER WRITING PRACTICE . Discuss measures to tackle the menace of air pollution in our metro cities like- Delhi, Mumbai and Chennai. Discuss alternatives and their feasibility in context of different challenges in each metro city.


  5. LIVEMINT: WILL AADHAAR HELP THE POOR BECOME CASHLESS? o Will digital infrastructure backed by Aadhar mitigate the effects of Govts. Drastic measures? o Aim:- Potential of an Aadhaar-centred inclusion system to help unbanked communities deal with demonetisation, and ease their transition to a "cashless" economy. o Three constraints- Technology ownership- Di igital transactions- need a space to deposit digital money and a means to exchange it. o Cash needs to be first deposited in banks- paperwork, long queues-conflicting and incomplete information, many of the poor are unable to deposit their money. o Need of smartphone (17% Indians only) o The International Telecommunications Unit (TTU) calculates an ICT development Index- India is ranked 138 o problem lies in high inequality between computerised megacities and large unconnected peripheries also oAccess to informational networks- Low internet penetration worldwide, behind nations such as Gabon, Nigeria and Zimbabwe, which rank significantly lower on economic and human development. lack of operational information on how to handle the current cash crisis.


  6. LIVEMINT: WILL AADHAAR HELP THE POOR BECOME CASHLESS? Infrastructural readiness- technology-enabled digital transactions should be in place nationally-24% of the Indian population lives without electricity (compared, for example, to 0.2% in China)-gaps in electrical and mobile coverage to technology failure,and Gaps in reliability-Recent studies show beneficiaries being turned down due hence being denied the food rations they are entitled to. o The constraints illustrated here reveal that the current Aadhaar-based system does not protect the poor from the backlash of demonetization Digitality is hence to be combined with other means to help those who bear the most severe burden of demonetisation


  7. TH: Revisiting a passage from India (GS-2) What is this article is about?-It is about the Indian Diaspora and their problems and challenges they are facing and . how India can tap its diaspora for financial and intellectual benefits. Diaspora and what it is ?- K.C.Singh says Diaspora is an omnibus phrase where people of Indian origin emigrated to different parts of the world since 19th century Roughly it falls into two categories: pre- and post-Independence. The latter further subdivides into migration to the West, including Australia and New Zealand, and workers in the West Asian countries .Pravasi Divas: Pravasi Divas was celebrated on 9th January, because that day Mahatma Gandhi returned from South Africa in 1915, after satyagraha against the colonial and racist regime there. .Started in 2002,Prime Minister Atal Bihari Vajpayee decided to celebrate it annually by holding events including bestowing awards on prominent members of the Indian diaspora. This year it is the 15th edition of Pravasi Divas which is in Bengaluru. West Asia: 7 million Indian workers are working in West Asia, following oil cartelisation by the Organisation of the Petroleum Exporting Countries after the Arab-I Petroleum Exporting Countries after the Arab-Israel war of 1973 and the steep rise in oil prices. Challenges faced by Indians in West Asia: the shale oil revolution in the United States combined with slower global growth and environmental concerns has pushed the world into a post-OPEC phase and low oil prices. 2. the entire region to the west of India up to the Mediterranean is now swept by Shia-Sunni contestation and the challenge posed by radical Islam. Thus instability in this region. .


  8. TH: Revisiting a passage from India (GS-2) 3. Losing jobs due to economic slowdown and Arabisation-more jobs to the locals, moreover lack of skills forcing them to do low quality work also exploitation by employers. . . How West Asia is changing? -From the economic boost which occurred due to oil they were able to create a tourism, . Abu Dhabi and Qatar-centres of culture and sports,civil aviation hubs- these are facing new challenges of conflict and . Indian Diaspora in Caribbean countries: Around 1833-1917 large number of Indians left for Caribbean since construction and regional trade boost, especially in the Gulf Cooperation Council. Shale revolution. abolition of slavery resulted in labour shortage. Persons of Indian origin have headed governments in some Caribbean countries such as Guyana and Trinidad and Tobago, cricket and Religion unites us, but -unable to build on that base by boosting investment and business links and better connectivity Indian Diaspora in USA,UK and Canada: Lobbying in the US has favoured for the US-Indian nuclear deal,2006 with US having the highest number of Indian origin persons ,around 4 million-new Co-op agreements, PM Modi's outreach has bridged some issues but looming issue of Hindutva. History- expulsion of Indians from Uganda by Idi Amin in the 1970s tested Indian diplomacy and its ability to protect the diaspora. India asked Britain to take care of it ,as most held British documents. India was unable to support 49 per cent of Indo-Fijians in their desire for a multi-ethnic government when, in 1987, Lt. Col. S. Rabuka overthrew the elected government . .


  9. TH: Revisiting a passage from India (GS-2) Mauritius, with Indians constituting the largest group and 48.5 per cent of the population being Hindus, has seen the community consolidate political power, with strategic support from Indian governments. Located strategically in the Indian Ocean, this country has been an asset for India, safeguarding the Southern maritime flank. Fact:- Chief Justice of the Supreme Court, J.S. Khehar, hails from East Africa. Indian Diaspora Chinese Diaspora 15 million 50 million Thus China was able to grow fast using their diaspora to open up global supply chains and Chinese economic zones. Indian diaspora in the past were helpful in foreign exchange reserves issue. . But now they have to tap the intellectual and financial aspect globally,using the diaspora and thus a challenge for India. .India has to deal with it in a wise, pro-active, non-jigoistic tone and not in the Hindutva way.


  10. TH: Looking towards a greener future (GS-3) Tapping the full potential of green bond market in India Green bonds-which finance environmentally friendly businesses and assets, have emerged as one of the key financing mechanisms driving the global economy's transition to a greener future First issued in in 2007 by two multilateral development banks (World Bank and European Investment Bank)- Subsequently, in 2013, corporates too started participating, which led to its overall growth. India- Yes Bank was the first bank to come out with a issue worth Rs 1,000 crore in 2015. Following this, few other banks too had green bond issuances. CLP India, was the first Indian company to tap this route. So far, Rs 7,200 crore has been raised via green bonds. Benefits- enhances an issuer's reputation, as it helps in showcasing their commitment to wards sustainable development. Rapid growth in green bond issuance in India and China, the Asian market has emerged as a frontrunner in the green bonds space. e Contributing to sustainable growth Green bond issuance in the country witnessed a 30 per cent year-on-year increase in 2016, cumulatively amounting to about Rs.18,131 crore India also witnessed its award-winning first green masala bond (rupee-denominated bond), with the IFC raising an off- shore rupee bond on London Stock Exchange for investing in Yes Bank's green bond. India the seventh largest green bond market globally- financing to sunrise sectors like renewable energy, thus contributing t India's sustainable growth Climate Bond Initiative report-Proceeds-62% to renewable energy projects, low carbon transport-17.5%, low carbon ngs-14%, 2.2% water management and waste management