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2021 | OriginalPaper | Chapter

Towards an Energy-Efficient Economy: Policy Measures by Government of India

Authors : Sangeeta Bansal, M. Rahul

Published in: Sustainable Development Insights from India

Publisher: Springer Singapore

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Abstract

India, the second-most populous country in the world and the third-largest consumer of primary energy, faces the challenge of meeting the twin objectives of fulfilling the aspirations of its citizens by providing them a reasonable standard of living while at the same time to protect its environment and meet climate change objectives. A potent strategy for India that can help in achieving both these objectives is that of energy efficiency. However, literature talks about an energy efficiency gap implying that actual energy efficiency is rarely at the optimal level, if ever. Economic theory suggests a variety of economic instruments to close this energy efficiency gap. The Government of India has adopted various policy measures to enhance the energy efficiency of its industrial and household sector. The chapter aims at analysing these energy efficiency interventions by the Government of India and comment on their performance.

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previous chapter Embeddedness of Economic Reforms in Regional Political Climate: A Case of Delayed Reforms in Bihar’s Electricity Sector

next chapter Climbing Energy Ladder or Fuel Stacking in Indian Households: A Multinomial Logit Approach

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Title: Towards an Energy-Efficient Economy: Policy Measures by Government of India
Authors: Sangeeta Bansal
M. Rahul
Publisher: Springer Singapore
Book: Sustainable Development Insights from India
Print ISBN: 978-981-334-829-5

Electronic ISBN: 978-981-334-830-1

Copyright Year: 2021
DOI: https://doi.org/10.1007/978-981-33-4830-1_9

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