Reliance on Oil and Gas Imports and Economic Growth – India’s New Challenge
Authors Simi Mehta and Mohsin Amin provide a snapshot of India’s energy demand and import scenario and discuss relevant government schemes for fuel efficiency. In addition to offering policy prescriptions, they conclude that due to geopolitical uncertainties and fuel price volatility, India urgently needs to integrate growth in the energy sector with its overall economic growth strategy, and simultaneously ensure the sustainability of the environment.