Over the years, there has been a gradual recognition of the potentially important role to be played by the states in helping India achieve its renewable energy (RE) targets, with national agencies emphasising a vertical integration of the RE policy and a strengthening of state capacities.

This issue of Budget Track is a special issue focusing on Nutrition. It is a part of the efforts, to deepen the policy discourse in India on nutrition specifically from the public investment perspective.

From its inception in July 2010, the National Clean Energy Fund (NCEF) has collected revenues to the tune of Rs 1,066 crore in FY 2010-11, an estimated Rs 3,249 crore in FY 2011-12, and is expected to generate a further Rs 3,864 crore in FY 2012-13. However, little is known of its operational mechanics and performance to date.