From Transit-Oriented Development to Hard-to-Abate Industries, what these words and phrases mean
One of the proposals is to create a roadmap for moving hard-to-abate industries like steel and cement, from energy efficiency targets to emission targets. Image: Udit Kulshrestha/Bloomberg via Getty Images
Budget 2024 unleashed a host of next-gen reforms in sectors from agriculture and food processing to manufacturing and infrastructure. In the process, the finance minister’s speech had words and phrases that one perhaps heard for the first time. Here are some of them, and what they mean:
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Explained: Natural farming is chemical-free farming largely based on on-farm biomass recycling and integrates crops, trees and livestock with functional biodiversity. It is expected to reduce dependency on purchased inputs and is cost-effective.
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