Success in energy efficiency, failure on storage and production front
Despite some achievements, India has missed out on most of the goals, for the energy sector, defined under the Three Year Action Agenda (2017-2018 to 2019-2020) charted by the NITI Aayog.
The achievements can be seen on the energy efficiency and fuel quality front, but there are failures on the domestic coal and crude oil production front, in setting up of refineries and crude oil storage facilities among others. India’s per capita electricity consumption also lags far behind (still at one-third of the global average) despite the action agenda calling for bridging this gap.
This Three Year Action Agenda recommended policy changes and programmes for action from 2017-2018 to 2019-2020, the last three years of the Fourteenth Finance Commission. According to the NITI Aayog, the document offered ambitious proposals for policy changes within a relatively short period.
