Work

Fostering Green Finance through MSMEs for Sustainable India

Year: 2025
Type: article
Abstract: The practice of Sustainable Finance (SF) contributes to both economic development and improved financial conditions. This study intended to analyze the Indian strategy for the development of the green finance market to meet goals and objectives of sustainable development by implementing it in the SME sector. Green finance is essential to inclusive, resilient, and cleaner economic growth. It helps reallocate funds from governments, corporations, and philanthropies to support sustainable development initiatives. Accordingly, the focus of the current research is on the many green financing government initiatives undertaken and its scope in Indian perspectives. The report highlights the many difficulties associated with green financing in India and suggests ways to overcome these difficulties. This study is descriptive in nature, and it draws its data from a broad variety of secondary data sources, including government documents released by the Government of India and reports published by commercial and public sector organizations and institutions in India.
Language: English
Subfield: Finance
Open Access status: hybrid
OpenAlex ID: W4410177590
FWCI: 0.939
Cites: 14
Cited by: 1
Related to: 10