India’s Green Deal: Greening our way out of the pandemic Rohit Azad and Shouvik Chakraborty

The global economy is in a deep crisis at three levels, each driven by the COVID-19 pandemic, economic factors, and climate change. We present a roadmap for the future, showing that the crisis has provided us with an opportunity to change the course of development, a model where people, and not profits, form the core. Based on the employment generating capacity and the carbon footprint of the various sectors of the Indian economy, we propose the Indian Green Deal (IGD) that will help create new jobs and fundamentally alter the economy’s carbon footprint. This programme needs to be funded in an egalitarian manner, which brings down the unprecedented levels of inequality in the Indian economy and puts the burden of adjustment on those whose lifestyles are primarily responsible for India’s environmental and economic crisis.

02_2022 (Download the full text in PDF format)