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Chandrajit Banerjee: why the Prime Minister’s call is more about resilience than austerity

Chandrajit Banerjee: why the Prime Minister’s call is more about resilience than austerity

Chandrajit Banerjee: why the Prime Minister’s call is more about resilience than austerity


What is often missed in the noise is that India’s resilience has been built over years. Over the past decade, India has worked to reduce exposure to energy shocks by diversifying supply sources, strengthening refining capacity, building strategic reserves, expanding its gas grid, accelerating ethanol blending, electrifying the rail network and scaling up renewable energy.

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