EQ Saturday Sapience #98
Equity Intelligence 21st December 2024
India’s journey to net zero by 2070 reflects a multi-faceted energy transition strategy, India’s economy is likely to stand firm in an uncertain world, Gig economy worker serves as the keystone of the digital economy and Financial alchemy was used to fund big-city transport at 30 cents a ride and electrify India’s fleet of public buses.
- With renewable energy capacity growing from 24 GW in FY15 to 136 GW in FY25, and non-fossil fuel capacity reaching 45% of total power generation, India is on track to meet its 2030 targets. India also plans to triple nuclear power capacity by 2031-32, emphasizing energy security… Read more
- Goldman Sachs Research expects the Indian economy to be relatively insulated against global shocks over the coming year — including tariffs levied by the new administration of US President-elect Donald Trump. India’s GDP will keep growing strongly in the long term — but with a speed bump next year as government spending and credit growth slow, according to our economists’ forecast… Read more
- According to the report from 1990 Research Labs, the proportion of the working population in India is a staggering 64.2% of the 1.43 billion population; the median age is 28 years. And, now comes the kicker: more than 80% are working in the informal sector. As they rightly put it, India’s job population challenge is dual: Employment and Employability. Neither is the country able to create sufficient jobs to absorb the 10-12 million joining the workforce every year, nor is the education system capable of generating the quality of personnel required for the new age jobs… Read more
- The municipalities ended up paying just shy of 49 rupees per kilometer, 27% less than the cost of operating with compressed natural gas without the need for subsidies. Acharya’s pay-as-you-go model helped spur cities to commission 29,000 e-buses, up from fewer than 500 four years ago... Read more
- “Thinking small is a self-fulfilling prophecy.” —Jeff Bezos
