Tuesday, September 29, 2020
Home India NITI Aayog has been asked to work on a new energy policy:...

NITI Aayog has been asked to work on a new energy policy: Arvind Panagariya

By NewsGram Staff-Writer

NITI-AayogNew Delhi: In continuance with the erstwhile Planning Commissions’ efforts to decontrol energy prices, NITI Aayog to work on a new integrated energy policy that intends to provide energy security, right pricing mechanism, maintain quality standards, and promote competition.

While speaking at the launch of “India Energy Security Scenarios (IESS) 2047 Version 2.0”, Arvind Panagariya , the Vice-Chairman of NITI Aayog said: “Energy is an important ingredient in any country’s growth recipe. NITI Aayog has been asked to work on a new energy policy,” according to a report in Economic Times.

With an intention to assess India’s energy needs, domestic energy production and energy import requirements, the Planning Commission had prepared “India Energy Security Scenarios (IESS) 2047” in 2013-14.

Now, the NITI Aayog has brought in IESS 2047 Version 2.0 that has refined and made improvements to the original version. The IESS 2.0 gives three different scenarios for the GDP growth in the coming decades. The scenarios include GDP growth at 7.4 per cent, 6.7 per cent, and 5.8 per cent between 2012 and 2047.

According to ET report, India’s energy imports are likely to become double by 2030.

STAY CONNECTED

19,134FansLike
362FollowersFollow
1,780FollowersFollow

Most Popular

Virtual ‘Deepotsav’ in Ayodhya Instead of Ram Lila

The Ayodhya administration has denied permission for Ram Lila in Ayodhya due to the coronavirus pandemic, however, the administration has started preparations to organize...

Changes in Diet and Lifestyle for a Healthy Heart

This World Heart Day, let's have a light-hearted conversation about the importance of having a healthy heart and how one should take care of...

Heart Disease in Teens Related to Diabetes Exposure in Womb: Study

In a major study, researchers have revealed that heart disease in young adults and teenagers may be related to exposure to diabetes in the...

Evergreen Magic of the Legendary Dev Anand

Dev Anand was one of the earliest superstars of the Hindi film industry, long before the term was officially coined by the Bollywood press....

B-Town’s ‘Ma Saraswati’ Lata Mangeshkar Turns 91

 Lata Mangeshkar turned 91 on Monday, and celebrities took to social media to greet the living legend. Actress Kangana Ranaut tweeted: "Wishing legendary #LataMangeshkar Ji...

Tobacco Kills 20% of All People Who Die From Coronary Heart Disease Every Year

The World Health Organization reports tobacco kills 1.9 million people, or 20 percent of all those who die every year from coronary heart disease....

Even Low Alcohol Consumption During Pregnancy Can Impact Child’s Brain Development

Researchers have found that even low levels of alcohol consumption during pregnancy can have an impact on a child's brain development. The study, published in...

Pandemic May Cause a Global Tsunami of Mental Health Problems: Researchers

Researchers, including one of Indian-origin, have found that Covid-19 pandemic will cause a global tsunami of mental health problems. Mental health problems were already a...

Recent Comments