TNPSC Thervupettagam

Mapping India’s Energy Subsidies, 2020

April 22 , 2020 1551 days 1237 0
  • The Council on Energy, Environment and Water (CCEW) and International Institute of Sustainable Development (IISD) recently released a report called “Mapping India’s Energy Subsidies, 2020”.
  • The report says that India’s energy subsidies to renewable energy have declined by 35% in 2019 as compared to 2017.
  • On the other hand, the oil and gas subsidies have increased by 65%.
  • But the subsidies for electric vehicles and renewable energy have increased by three and a half times since 2014.

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