Niti Aayog Works on Five-Year Plans to Bring Down Carbon Emissions

mate finance group of the finance ministry. "But economics does not work beyond the headlines," the person said, explaining why the think tank has been tasked with the study.

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mate finance group of the finance ministry. "But economics does not work beyond the headlines," the person said, explaining why the think tank has been tasked with the study. The person described the Niti Aayog effort as a "scoping study" to set out various capacities that need to be built up and necessary investments for the green transition, financing and government support. "This will be in blocks of five years each until 2070."

Queries sent to secretaries and spokespeople of the ministries of highways; environment, forest and climate change; power; new and renewable energy; heavy industries; steel and financial services; and vice-chairman of Niti Aayog remained unanswered at press time.

Prime Minister Narendra Modi had announced during COP26 in 2021 that India would become net zero by 2070. For India, power generation is the biggest emitter, contributing about 50% of the carbon dioxide emissions from the energy sector.