India's Energy Transition: Subsidies for gasoline, diesel and electric vehicles
Summary
The document highlights a disparity in India's energy transition funding, noting that fuel price cuts for gasoline and diesel between October 2018 and June 2019 cost the government significantly more than the budget for its flagship electric vehicle program.
Key insights
- Between October 2018 and June 2019, India's central government provided subsidies for gasoline and diesel totaling INR 26,957 crore (USD 3.9 billion) through excise tax reductions and required margin cuts for state-owned oil marketing companies.
- The funding for gasoline and diesel subsidies during the specified period was nearly three times the three-year budget of INR 10,000 crore (USD 1.4 billion) allocated for the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) scheme.
Cite the original document
- APA
- Jain,, T. L. (2019). India's Energy Transition: Subsidies for gasoline, diesel and electric vehicles. International Institute for Sustainable Development. https://www.iisd.org/publications/brief/indias-energy-transition-subsidies-gasoline-diesel-and-electric-vehicles
- Chicago
- Jain,, Tara Laan,Purva. India's Energy Transition: Subsidies for gasoline, diesel and electric vehicles. International Institute for Sustainable Development, 2019. https://www.iisd.org/publications/brief/indias-energy-transition-subsidies-gasoline-diesel-and-electric-vehicles.
- Wikipedia
- {{cite report |last1=Jain, |first1=Tara Laan,Purva |title=India's Energy Transition: Subsidies for gasoline, diesel and electric vehicles |publisher=International Institute for Sustainable Development |date=24 July 2019 |url=https://www.iisd.org/publications/brief/indias-energy-transition-subsidies-gasoline-diesel-and-electric-vehicles |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{jain2019indias, author = {Jain,, Tara Laan,Purva}, title = {{India's Energy Transition: Subsidies for gasoline, diesel and electric vehicles}}, institution = {International Institute for Sustainable Development}, year = {2019}, month = jul, url = {https://www.iisd.org/publications/brief/indias-energy-transition-subsidies-gasoline-diesel-and-electric-vehicles}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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