This news piece is based on “Centre clears Rs 19,744 Cr Green Hydrogen Mission” which was published in The Hindu on January 05, 2023. 

Why in News? 

The Union Cabinet on Wednesday approved the ₹19,744-crore National Green Hydrogen Mission. 

About the National Green Hydrogen Mission 

The Mission has been passed with an objective to make India a major exporter in the field and make India a global hub for the production, utilization, and export of Green Hydrogen and its derivatives. 

The National Green Hydrogen Mission shall help India, which is one of the world's biggest greenhouse gas emitters to achieve net-zero carbon emissions by 2070. 

The initial outlay for the mission is decided to be ₹19,744 crore. Out of which, the government has allocated ₹17,490 crore for the sight of the programme, ₹1,466 for the upcoming pilot projects, ₹400 crore for R&D, and ₹388 crore towards other mission components. 

The incentive aims to make green hydrogen affordable and bring down its cost over the next five years. 

MNRE or the Ministry of New and Renewable Energy shall formulate the scheme guidelines for the implementation of the Mission.