PM Modi’s Europe tour: India and Germany signed several agreements, will get 10.5 billion dollars in clean energy by 2030

Expansion

Prime Minister Narendra Modi on Monday said the partnership between India and Germany can be an example of success in a complex world. Meanwhile, the two countries signed a series of agreements focused on sustainable development, under which India will get $10.5 billion in aid by 2030 to promote the use of clean energy.

Advertisement

Inter-Governmental Consultative Meeting

PM Modi co-chaired the 6th plenary session of the Inter-Governmental Consultations (IGC) with German Chancellor Olaf Scholz. He also invited Germany to participate in the ‘Self-reliant India’ campaign. In their opening remarks, the two leaders highlighted key aspects of bilateral relations as well as shared perspectives on regional and global issues during the session, the Ministry of External Affairs said in a press release.

It said Prime Minister Modi emphasized that the partnership between India and Germany can be an example of success in a complex world. Participating ministers and officials from both sides presented brief reports on their meetings on various aspects of the IGC, including issues related to foreign, security, economic, financial policy, scientific and social exchange, climate, environment, sustainable development and energy. were.

PM said, the beginning of India-Germany partnership

PM Modi said that today we are launching the Indo-German partnership on Green and Sustainable Development. Germany has decided to support India’s green development plan with an additional development assistance of 10 billion euros by 2030. We have announced the establishment of Green Hydrogen Task Force.

Finance Minister Nirmala Sitharaman, External Affairs Minister S Jaishankar, Minister of State (Independent Charge) for Science & Technology and Earth Sciences Jitendra Singh and Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) Anurag Jain made presentations from the Indian side. The plenary session concluded with the signing of the Joint Declaration (JDI) by Prime Minister Modi and Chancellor Scholz establishing a Green and Sustainable Development Partnership.

The partnership envisages a holistic government approach to India-Germany cooperation on the Sustainable Development Goals and climate action, with Germany adding 10 billion euros ($10.5 billion) of new and additional development assistance by 2030, the foreign ministry said in a release. has agreed to an advance commitment of