The Indian government think-tank NITI (National Institution for Transforming India) Aayog has come up with the new idea of adopting eco-friendly vehicles and pitched for 24x7 electricity supply for all. Finance Minister Arun Jaitley unveiled the document during the release of three-year Action Agenda, which also calls for reforms in the use of conventional fuels and promotes using electric vehicles.
The policy tank has also suggested the government to ensure the convenience of electricity and other alternative fuels at a much affordable price to households, in the document which is to be implemented by 2019-20.
The power sector is an essential platform to be developed, which must be utilised for the growth of the economy in the country. The idea is to promote sustainable development by adopting green vehicles, which will automatically cut down the high rate of pollution. It will also promote the idea of electricity cooking in the country by launching a campaign to bring down the number of LPG connections. It has also been targeted that 100 smart cities would be provided with biomass gas via the City Gas Distribution (CGD).
The government has already taken the initiative to bring electricity supply to every village by the end of 2018 and every house will get the supply of electricity by 2022. The Aayog has expressed a more aspiring aim to supply electricity to all households on 24x7 basis. Moreover, it has recommended fiscal incentives for using electric vehicles. The whole idea is to increase the economic growth by multiplying the usage of power supply. It is expected that India might see a growth of eight percent in the economy in the upcoming 15-years, the power sector has to be reformed in the right direction for its usage in the economic growth.
NITI Aayog has urged the government to take prompt measures for the declining power plants in India and some reforms have to be made to further improve the developed power sector of the country. The document revealed an interesting prospect, where the NITI has asked the government to soon complete the JV Hydel project in Bhutan to bring the transmission channel to Indian side for further expansion of the power supply chain in India. Furthermore, it suggested that the Small Hydro Power target of 5,000 MW has to be accomplished in the three-year plan period to assist constant solar energy supply in the decentralised locations.