Finance Commissions and local bodies should encourage green buildings through tax incentives - Vice President



Quick Summary
The Vice President of India, M. Venkaiah Naidu, has urged Finance Commissions and local bodies to promote green buildings through measures like tax incentives and single-window online clearance portals. He stressed that all future buildings should be constructed to green standards, advocating for a mass media campaign to raise public awareness about the benefits of eco-friendly homes. The VP highlighted the significant contribution of buildings to global CO2 emissions and called for a balance between economic development and environmental protection.

Wants states to create online portals to provide single window clearance to green buildings VP calls for mass media campaign to create awareness about the green homes Every future building should go green mandatorily, opines the Vice President Green buildings movement should become peoples movement Roof cooling should be an area of priority for all Vice President VP Calls for balance between economic development and environmental protection Economy and Ecology should go togeth
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FAQ :

The Vice President suggests that Finance Commissions and local bodies should offer tax incentives and create online portals for single-window clearance to encourage green buildings.

Yes, the Vice President opines that every future building should go green mandatorily, applying to all types of construction.

Buildings and construction account for 39% of global energy-related CO2 emissions, and green buildings are crucial for de-carbonisation, resource efficiency, and balancing economic development with environmental protection.

A mass media campaign is needed to create awareness among the public about the advantages of green homes, as there is currently a lack of awareness.

Roof cooling involves using materials and techniques to reduce heat absorption in buildings. It's a priority because many Indian roofs trap heat, contributing to urban heat islands, and cool roofs can significantly lower indoor temperatures.

He noted that ancient Indian civilisational values teach harmony with nature and suggested revisiting traditional, nature-friendly house designs that are climate-responsive, contrasting them with modern structures.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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