Green fuel, green farming, green transportation, green buildings, and green equipment are all part of a set of initiatives.2 Budget-Promised Green Growth Initiatives As part of the green growth priority, six initiatives have been announced: National Green Hydrogen Mission with an outlay of ₹19,700 crore to help the country “take technical and market leadership in this new industry,” lessen its r. [...] The ‘Faster Adoption and Manufacturing of Electric Vehicles’ (FAME) scheme has been allocated ₹5,700 crore in the current budget, which is a huge increase from its initial phase financing of ₹359 crore in 2015.4 Two factors have fuelled India’s transition to electric vehicles (EVs): (1) the quantity of renewable energy sources and (2) the accessibility of skilled labour in the manufacturing and te. [...] The FAME scheme was launched in two phases: FAME-I in 2015 and FAME-II in 2019 as part of the National Electric Mobility Mission Plan (NEMMP), which the government announced in 2015.5 Due to issues with technology, materials, and the market, FAME- I failed. [...] The infrastructure regulation aims to ensure dependable and economical charging infrastructure and an associated ecosystem to speed up EV adoption.6 The Central Electricity Regulation, which was adopted in 2019 for the distribution and generation of resources, has helped make the plan for an EV infrastructure more feasible. [...] The solar industry makes up around 77 per cent of these jobs, and those in the wind industry make up the remaining 23 per cent.10 Focus on rare earth elements (REE) and increase the investment in it.
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