Q.)Adopting an inclusive, low-emission, and climate-resilient growth strategy could greatly enhance the effectiveness of India’s domestic public spending. Discuss this in the context of climate-responsive budgeting in India. (250 Words) 📌 Introduction Adopting an inclusive, low-emission, and climate-resilient growth strategy is crucial for India to optimize its domestic public spending while ensuring sustainability and resilience. Climate-responsive budgeting aligns fiscal policies with climate goals, enhancing both economic and environmental sustainability. 📌 Climate-Responsive Budgeting Climate-responsive budgeting integrates climate priorities into budgetary allocations to promote sustainable development. It utilizes tools such as: ✅ Climate tagging of budget lines to track climate-related expenditures. ✅ Environmental cost-benefit analysis to assess sustainability impacts. ✅ Carbon pricing mechanisms to incentivize low-carbon investments. ✅ Legislative review to ensure alignment with national climate goals. 📌 Enhancing Public Spending Effectiveness through Climate-Responsive Budgeting ✅ Spending on Social Infrastructure: Strengthens adaptive capacity for vulnerable groups (IPCC report). ✅ Beyond GDP Metrics: Moves towards green growth indicators, capturing economic, social, and environmental progress. ✅ Triggering Structural Reforms: Supports low-emission sectors like renewable energy, transport, and industry. ✅ Low-Carbon Transition: Encourages financial schemes for transitioning carbon-intensive sectors towards sustainability. ✅ Disaster Resilience: Focuses on mitigation and prevention rather than reactive disaster relief, reducing long-term fiscal burdens. 📌 Conclusion Climate-responsive budgeting is a strategic tool that not only improves fiscal management but also ensures long-term economic resilience and climate security for India. By integrating climate considerations into public spending, India can achieve sustainable and inclusive growth while addressing climate challenges effectively.