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Budget 2026 Introduces a Rs 20000 Crore Carbon Credit Programme to Boost Farmers’ Incomes

6 0
02.02.2026

In a landmark move towards environmental sustainability and industrial decarbonisation, the Union Budget 2026-27 has announced a Rs 20,000 crore Carbon Capture, Utilisation, and Storage (CCUS) support programme. 

The initiative formalises India’s carbon market, allowing both industries and farmers to participate in carbon trading while contributing to a cleaner environment.

For Jasmit Singh Arora, widely recognised as the ‘Gutli Man of India,’ the announcement represents an opportunity long-awaited by farmers. Based in Kolkata, he has spent years guiding Indian farmers on sustainable practices that boost carbon capture through agriculture.

“This is a very productive allocation that has been done in the agriculture sector. Farmers can earn not just from their fruits, but also through carbon credits,” he tells The Better India.

The programme integrates farmers into India’s carbon market through a structured, step-by-step process. Arora explains that the journey begins with participation in a project via a farmer-producer organisation (FPO), cooperative, or aggregator.

“Farmers will not go alone. Aggregators, project developers, or NGOs........

© The Better India