New Delhi, Sept. 24 -- The current fiscal year is proving the toughest for the government's green-bond programme, which has been struggling to attract investors since its launch in 2022-23.

Amid this investor reluctance, the Centre may revise its 2025-26 budget target of mobilizing Rs.25,342 crore for climate-focused projects via sovereign green bonds, according to two people close to the development.

So far in 2025-26, the government has attempted a single 30-year reissuance of Rs.10,000 crore and succeeded in raising only Rs.5,000 crore at 6.8785% yield, showed the Reserve Bank of India (RBI) data. In comparison, on Wednesday, the 10-year government bond closed at 6.491%, while the 30-year bond ended at 7.205%, according to Bloomberg ...