The US Elections are over and the victory is resoundingly for Donald Trump. Europe leaders are nervous about what it would mean for Europe, NATO and the war in Ukraine. European Union, the largest regional bloc, still doesn’t speak in one voice. French President Emmanuel Macron has been leading the charge in forging an independent Europe. Since the end of World War 2, Europe has been tangled with the US in all the ways possible which has created an atmosphere of dependence on the US.
Tag: World Bank
India’s Power Sector: The ‘Current’ State of Affairs
Today, India is a power surplus nation with an installed generation capacity of 452 gigawatts. Even then, power shortages frequently occur in rural and urban regions. The total energy demand in India is set to increase by nearly 35% by 2035 in the STEPS, and electricity generation capacity nearly tripled to 1400 gigawatts. Hence, initiatives are being taken to bring about comprehensive reforms in the power sector. These are aimed at attracting investments in the sector and thus turning it into an efficient and sustainable industry.