Economic Growth Archives - Newscript EnergyWorld

Executive note: Finds Its Missing Spark in Female Talent India’s renewable sector employs 1.02 million with 3.4 million jobs projected by 2030 Women hold 43% of STEM degrees but just 11% of clean energy positions• Projects with female participation show superior completion rates and stakeholder engagement Gender-diverse teams deliver measurably better outcomes in complex energy infrastructure Untapped talent pool could accelerate India’s 500GW renewable The change is discernible, but, is the pace of change quite remarkable? World’s most populous country has embarked on a ‘Great Green Revolution’, but if the 50 per cent of its population-the women- is truly getting what it deserves? Whether renewables, that bring a new hope to surmount energy deficiency, pav...

India’s finance ministry is weighing a cut in Goods and Services Tax (GST) on small cars and insurance premiums, in a move aimed at boosting consumption but with complex knock-on effects for energy demand. Officials said the proposal reflects an attempt to revive auto sales, which remain subdued compared with pre-pandemic levels. If implemented, the measure could encourage middle-class buyers to bring forward purchases, bolstering an industry that employs millions. Yet energy economists caution that stimulating car sales could add to India’s already steep fuel demand trajectory. Road transport accounts for nearly 40 per cent of petroleum product consumption, and any surge in vehicle numbers would deepen the country’s reliance on imported crude. Insurers, meanwhile, are lobbying fo...

Tag: Economic Growth

GST Reform Debate Puts Auto Demand in Focus