These subsidies, specifically in the form of the IEPS (special tax on production and services), resulted in a loss of USD 4.51 billion in 2022. As the global market experienced volatility, oil prices gradually declined toward the end of the year. Therefore, the Mexican government has ...
Vasanthika Srinath, a partner at Kosmos Partners, referred to the efforts of states like Telangana and Karnataka in developing significant projects to ensure the usefulness of datasets. Many states possess data, but departments scatter it across their systems, and they have a limited understanding of...
Specifically, the prices are fixed at USD 0.22 per kilowatt-hour (kWh) for electricity and USD 0.11 per kWh for natural gas, both excluding value-added tax. This pricing strategy, applicable to 80% of past consumption, aims to encourage savings. Furthermore, the aid provided was limited to...
They argued that the existing transportation policy mix falls short of achieving carbon neutrality in the transportation sector, which requires additional measures like EV subsidies, a vehicle-kilometers-traveled tax, and a prohibition on ICEV sales. Figure 3. Different types of electric vehicles ...