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Union Budget 2026тАУ27 allocated тВ╣20,000 crore over five years to support CCUS. What does the letter тАЬSтАЭ stand for in CCUS?
Supply
Security
Sustainability
Storage Question ID : 4410092009192 Option 1 ID : 4410097912041 Option 2 ID : 4410097912038 Option 3 ID : 4410097912039 Option 4 ID : 4410097912040 Status : Not Answered Chosen Option : --
Storage Question ID : 4410092009192 Option 1 ID : 4410097912041 Option 2 ID : 4410097912038 Option 3 ID : 4410097912039 Option 4 ID : 4410097912040 Status : Not Answered Chosen Option : --
Union Budget 2026-27 allocated 20,000 crore for Carbon Capture, Utilisation and Storage (CCUS) technologies over five years.
The Government of India has prioritized industrial decarbonisation to align with its long-term Net Zero 2070 goal. This budgetary allocation is intended to bridge the gap between pilot-scale research and large-scale commercial deployment of carbon management systems. The initiative focuses on decarbonizing hard-to-abate heavy industries which are critical for the nation's economic competitiveness. The policy follows a roadmap launched in December 2025 to enable sustainable industrial growth.
The Ministry of Finance is responsible for the preparation and presentation of the Union Budget under Article 112 of the Indian Constitution, which refers to the Annual Financial Statement. Decarbonisation and climate mitigation strategies are primarily overseen by the Ministry of Environment, Forest and Climate Change and the Ministry of Science and Technology.
Allocation: 20,000 crore rupees
Timeframe: 5 years
Target Sectors: Power, steel, cement, refineries, and chemicals
Primary Goal: Scaling up Carbon Capture, Utilisation and Storage (CCUS) readiness levels
D is correct тАФ The acronym CCUS stands for Carbon Capture, Utilisation and Storage, representing a critical technology suite for industrial decarbonisation.
Remember CCUS as the industrial counterpart to forest carbon sinks; 'Storage' is the permanent component that keeps captured emissions out of the atmosphere, similar to how geological surveys define natural resource deposits.