Government support for clean energy in the form of subsidies increased significantly between 2015 and 2023. Nearly 3.06 billion U.S. dollars were spent on support measures for renewable energy and electric vehicles in 2023.
The fiscal year end in India is March, 31st.
Energy subsidies in India from financial year 2015 to 2023, by type
(in billion U.S. dollars)
Characteristic
Fossil fuels (coal, oil, and gas)
Clean energy (renewable energy and electric vehicles)
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IISD. (March 18, 2024). Energy subsidies in India from financial year 2015 to 2023, by type (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1534485/subsidies-for-energy-india-by-type/
IISD. "Energy subsidies in India from financial year 2015 to 2023, by type (in billion U.S. dollars)." Chart. March 18, 2024. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1534485/subsidies-for-energy-india-by-type/
IISD. (2024). Energy subsidies in India from financial year 2015 to 2023, by type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1534485/subsidies-for-energy-india-by-type/
IISD. "Energy Subsidies in India from Financial Year 2015 to 2023, by Type (in Billion U.S. Dollars)." Statista, Statista Inc., 18 Mar 2024, https://www.statista.com/statistics/1534485/subsidies-for-energy-india-by-type/
IISD, Energy subsidies in India from financial year 2015 to 2023, by type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1534485/subsidies-for-energy-india-by-type/ (last visited January 06, 2025)
Energy subsidies in India from financial year 2015 to 2023, by type (in billion U.S. dollars) [Graph], IISD, March 18, 2024. [Online]. Available: https://www.statista.com/statistics/1534485/subsidies-for-energy-india-by-type/
