Roadmap for an equitable Green Economic Diversification in Jharkhand

The report assesses the economic impact of India's power sector decarbonization on Jharkhand, projecting significant losses in state revenue, PSU earnings, and employment. It proposes a three-phase strategic framework (Enabling, Scaling-up, and Viksit Bharat) to transition the state from a raw-material supplier to a cleantech manufacturing hub. The analysis identifies four priority investment areas—clean power, green molecules, sustainable mobility, and green equipment manufacturing—estimating a total capital requirement of USD 41.4 billion to substitute lost fossil fuel revenues and create new employment opportunities.

• Jharkhand faces substantial economic risks due to its reliance on solid fossil fuels, with potential cumulative state revenue impacts estimated at USD 36 billion under an 'Ambitious 2060' scenario and USD 30 billion under a 'Net Zero 2070' scenario between FY 2036 and FY 2070.
• The transition could lead to significant employment losses, with direct mining job reductions potentially peaking at 100,000 jobs per year, creating ripple effects across transport, logistics, and the informal economy.
• To substitute the estimated peak loss in state revenue of USD 1.43 billion per year, Jharkhand requires a total cumulative investment of USD 41.4 billion across three key green sectors.
• The report proposes a three-phase strategic framework: an 'Enabling Phase' (2026-35) to build foundational systems using fossil fuel revenues, a 'Scaling-up Phase' (2036-47) to accelerate economic substitution, and a 'Viksit Bharat' phase (2048-70) to maximize value in a mature low-carbon economy.
• Social development in mining-dependent districts is highly vulnerable, as funding from the District Mineral Foundation (DMF) and Corporate Social Responsibility (CSR) is directly linked to royalty and PSU profits, which will decline as fossil fuel production drops.

APA

Thampi, M., Kumar, M., & Khurana, S. (2025). Roadmap for an equitable Green Economic Diversification in Jharkhand. Climate Policy Initiative. https://www.climatepolicyinitiative.org/wp-content/uploads/2025/12/CIFF-JT-Technical-Brief-1.pdf

Chicago

Thampi, Malavika, Manish Kumar, and Saarthak Khurana. Roadmap for an equitable Green Economic Diversification in Jharkhand. Climate Policy Initiative, 2025. https://www.climatepolicyinitiative.org/wp-content/uploads/2025/12/CIFF-JT-Technical-Brief-1.pdf.

Wikipedia

{{cite report |last1=Thampi |first1=Malavika |last2=Kumar |first2=Manish |last3=Khurana |first3=Saarthak |title=Roadmap for an equitable Green Economic Diversification in Jharkhand |publisher=Climate Policy Initiative |date=December 2025 |url=https://www.climatepolicyinitiative.org/wp-content/uploads/2025/12/CIFF-JT-Technical-Brief-1.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{thampi2025roadmap, author = {Thampi, Malavika and Kumar, Manish and Khurana, Saarthak}, title = {{Roadmap for an equitable Green Economic Diversification in Jharkhand}}, institution = {Climate Policy Initiative}, year = {2025}, month = dec, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2025/12/CIFF-JT-Technical-Brief-1.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }