Topic: Government Budgeting.
5. The union budget has outlined our commitment to a net-zero future but a roadmap for seamless energy transition without compromising our energy security is the need of the hour. Discuss. (250 words)
Difficulty level: Moderate
Reference: Live Mint
Why the question: Two-and-a-half months after Prime Minister Narendra Modi announced India’s target of achieving net-zero emissions by 2070, Finance Minister Nirmala Sitharaman highlighted climate action and an energy transition as pillars of economic development in her budget speech.
Key Demand of the question: To write about the need of a roadmap for energy transition from carbon based to non-carbon energy sources.
Discuss – This is an all-encompassing directive – you must debate on paper by going through the details of the issues concerned by examining each one of them. You must give reasons for both for and against arguments.
Structure of the answer:
Begin by giving context to India’s net zero declaration at cop-26.
First, in brief, mention India’s recognition of net zero and corresponding budgetary announcement.
Next, in brief, mention India’s needed to balance both its development as well as its climate goals. Bring out the link between the two.
Next, write about the changes required to India’s with respect to energy transition in this regard – A green industrialisation strategy, diversifying clean energy sources, creating avenues for investment etc.
Conclude by writing a way forward.