Govt committed to bring natural gas under GST regime, says PM Modi

Says India will raise share of renewable energy to 40% by 2030

The government is working towards raising the share of natural gas in the energy basket to 15 per cent from the current 6.3 per cent and is committed to bringing it under the Goods and Services Tax (GST) regime to eliminate cascading effect of multiple taxes, Prime Minister Narendra Modi said on Wednesday.
 
“We are trying to eliminate the cascading effect of different taxes on natural gas across different states,” he said adding this would help bring down the cost of gas.
 
“We are eager to increase the share of natural gas in energy basket from 6.3 per