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.