India Delays Green Steel Incentives Due to Cost Concerns

India wants to make steel in a cleaner way, which involves using green hydrogen.

The Steel Ministry wants the government to give money to companies that use this method.

However, the Finance Ministry is worried because green hydrogen is currently expensive.

They're concerned that giving incentives might make steel more costly for everyone.

So, the Finance Ministry wants to make sure green hydrogen prices are low.

Both ministries are discussing the best approach for protecting the environment without making steel prices too high.