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policy The Hindu Biz Tuesday, 5 May 2026 NEW

Prioritise energy security for keeping growth momentum going: RBI MPC member

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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.

Summary

“The Indian approach needs to focus both on stepping up oil exploration domestically and hastening the transition to alternative sources”, says Nagesh Kumar, director of the Institute for Studies in Industrial Development

Key Facts

Type Policy
Source The Hindu - Business
Published Tuesday, 5 May 2026
Affected Population ~350 million BPL population, 140 million elderly

Key Numbers

PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
500 GW non-fossil fuel capacity target by 2030

Key Authorities

Ministry of Social Justice & EmpowermentNITI AayogMinistry of PowerMinistry of New & Renewable EnergyCEA

Key Stakeholders

BPL FamiliesSenior CitizensPersons with DisabilitiesPower ConsumersDISCOMsCoal Industry

Government Context

NDA III BJP-led NDA
Centre-Right
Left Centre Right

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