Elements of Green recovery
- Continue to implement the FAME II scheme and allocate demand incentives to revive and grow EV demand
- State-level EV incentives: Complement FAME II demand incentives with state-level subsidies to lower upfront cost and total cost of ownership, as well as non-fiscal incentives
- Public transport rethink: Create an initiative to rethink and restore confidence in public transport, including the procurement of more buses,
- National-level strategy for freight optimisation: Develop a national strategy for optimizing and digitizing the freight sector and its supply chain .
- Electric delivery vehicles: Issue guidelines to state governments to encourage the electrification of final-mile delivery vehicles as freight demand experiences an increase in the next one to two years.
- Mode shift of long-haul goods to rail: Encourage shifting of long-haul bulk goods movement from road to rail-based transport.
- Non-motorised transport infrastructure: Create an urban road retrofit program to support more accessible walking, cycling, and electric micro-mobility solutions to offer clean, safe mobility alternatives and create jobs.
- Scrappage policy: An incentive-based policy has the potential to encourage scrapping vehicles older than 15 years.
(Source: Niti Aayog and RMI)
- India’s transport sector can save 1.7 gigatonnes of cumulative carbon dioxide emissions and avoid about 600 million tonnes of oil equivalent (Mtoe) in fuel demand by 2030 through shared, electric, and connected passenger mobility and cost-effective, clean, and optimized freight transport.
- The principles to help guide initiatives and investments in India’s clean energy future include : 1) investments in least-cost energy solutions, 2) support for resilient and secure energy systems, 3) prioritizing efficiency and competitiveness, and 4) promotion of social and environmental equity
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