Economy-Wide Assessment of Regional Policies in India: Applications of E3-India Model

Foreword
Preface
Acknowledgments
Contents
Editor and Contributors
Abbreviations
List of Figures
List of Tables
1 Introduction
	References
2 Introduction to the E3-India Model
	2.1 Introduction
	2.2 Basic Model Structure
		2.2.1 Introduction
		2.2.2 The Economy Module
		2.2.3 The Energy Module
		2.2.4 The Emissions Module
		2.2.5 Technology in E3-India
		2.2.6 Data and Baseline Projections in E3-India
		2.2.7 The Econometric Specification of the Equations
	2.3 Comparison to Other Modelling Approaches
	2.4 Key Messages to Take Forward
	Appendix I
	Using the Model Further
	Appendix II
	Accounting Identities
	The Econometric Equations
	References
3 Data Construction and Sources: E3-India Model
	3.1 Introduction
	3.2 Data Construction for the Economy Module
	3.3 Data Construction for the Energy Module and Environment (Emission) Module
	3.4 Limitations of E3-India Data
	Appendix A
4 Application of E3-India Model in Agriculture and Food Processing Sector
	4.1 Introduction
	4.2 Literature Review
	4.3 National Scenarios
	4.4 Regional Scenarios
	4.5 COVID-19 Scenarios
	4.6 Conclusion
	References
5 Importance of Capital Goods Sector: An Application of E3-INDIA Model
	5.1 Introduction
	5.2 Scenario Development
		5.2.1 National Capital Goods Policy (2016)
			5.2.1.1 Scenario 1.1: Increase Total Production
			5.2.1.2 Scenario 1.2: Increase Employment
			5.2.1.3 Scenario 1.3: Increase Exports
		5.2.2 National Steel Policy (2017)
			5.2.2.1 Scenario 2.1: Increase Domestic Investment
			5.2.2.2 Scenario 2.2: Enhance Domestic Capacity
		5.2.3 Indian Electrical Equipment Industry Mission Plan 2012–2022
			5.2.3.1 Scenario 3: Increase Output
	5.3 Results and Discussion
		5.3.1 Results for the National Capital Goods Policy, 2016
			5.3.1.1 Scenario 1.1
			5.3.1.2 Scenario 1.2
			5.3.1.3 Scenario 1.3
		5.3.2 Results for the National Steel Policy, 2017
			5.3.2.1 Scenario 2.1 and 2.2
		5.3.3 Results for the Indian Electrical Equipment Industry Mission Plan 2012–2022
			5.3.3.1 Scenario 3
	5.4 Measuring the Reach of These National Policies to Different States
	5.5 Implications of the COVID-19 Pandemic on the Capital Goods Sector
	5.6 Conclusion
	5.7 Policy Recommendations
	Appendix
	References
6 Impact of Electronics System and Design Manufacturing and IT Policy in Selected Regions
	6.1 Introduction
	6.2 The Electronics System and Design Manufacturing (ESDM) Industry in India: An Overview
	6.3 The Rise of IT and Software Industry in India
	6.4 Scenario Development
		6.4.1 Electronics Sector Policies
		6.4.2 IT Sector Policies
	6.5 Results and Discussion
	6.6 Conclusion
	References
7 Regional Impact of Automobile Policy in India
	7.1 Introduction
	7.2 A Brief Profile of the Automobile Industry
	7.3 Brief Profile of the Auto-component Industry
	7.4 The Evolution of EV Segment Policies in Recent years
	7.5 Technical and Financial Challenges to EV Transition
	7.6 Development of Scenarios—National and Regional Policies
		7.6.1 Policy 1: Automotive Mission Plan 2016–2026 (AMP 2026)
		7.6.2 Scenario 2: Tamil Nadu auto-component manufacturing:
		7.6.3 Scenario 3: State electric vehicle policies
	7.7 Results and Discussions
	7.8 Conclusion
	References
8 Regional Impacts of National Energy Policies in India: An E3-India Application
	8.1 Introduction
	8.2 Impacts of National Renewable Energy Capacity Scale-Up to 450 GW by 2030 on Regional Economies
		8.2.1 Inputs Design for the Scenario
	8.3 Reducing Energy Intensity of Key Sectors Toward Meeting the NDC Targets
	8.4 Rationalizing Cross-Subsidies in Tariff Design
	8.5 Subsidy Rationalization with Direct Benefit Transfer (DBT)
	8.6 Demand–Supply Shock Due to Prevailing COVID Pandemic
	8.7 Integrated Scenario
	8.8 Conclusions
	References
9 Managing Delhi’s Air Quality: Exploring Economic Implications of Airshed Management Approach
	9.1 Introduction
	9.2 Analytical Approach
		9.2.1 Dust Control Through Reduced Construction Activity
		9.2.2 Urban Afforestation for Dust Reduction
		9.2.3 Emission Reduction from Transport by Substituting Petrol/Diesel Vehicles with Electric Vehicles
		9.2.4 Reducing Biomass Burning by Crop Residue Utilization
		9.2.5 Power Sector Interventions for Reducing Industrial Emissions
			9.2.5.1 Installation of Air Pollution Control Equipment
			9.2.5.2 Greater Use of Renewable Energy in the NCT Airshed
	9.3 Results and Discussion
	9.4 Conclusion
	Appendix
	References
10 Liquidity Infusion: An Assessment of Atmanirbhar Package Using E3-India Model
	10.1 Introduction
	10.2 Literature Review
	10.3 Scenario Development
		10.3.1 Scenario 1: Increase in Investment on Agriculture and MSME Sectors via Expansion of Accessible and Affordable Formal Credit and Infrastructure Development
			10.3.1.1 Agriculture
			10.3.1.2 MSME
		10.3.2 Scenario 2: Increase in Investment on Physical and Social Infrastructure in Order to Influence Household Expenditure and Welfare
			10.3.2.1 Provision of Housing via Investments in the Construction Sector Through Interest Subsidy for Cheaper Credit
			10.3.2.2 Increase in Investment for Social and Physical Infrastructure Creation Through Viability Gap Funding and Liquidity Infusion in Financial Enterprises
			10.3.2.3 Increase in Investment for Coal Sector Through Credit Provision for Infrastructure Development and Boost Domestic Production
			10.3.2.4 Increase in Investment for the Electricity Sector Through Liquidity Injection in Debt-Ridden Distribution and Transmission Companies for Accessible and Affordable Electricity Supply
		10.3.3 Scenario 3: Increase in Income Through Direct Benefit Transfer, EPF Support and Liquidity Infusion in MNREGA
		10.3.4 Scenario 4: Liquidity Infusion in Manufacturing Sector Through RBI Monetary Expansion via Quantitative and Qualitative Measures
	10.4 Results and Discussion
		10.4.1 Scenario: Agriculture and MSME
		10.4.2 Scenario: Investment in Physical and Social Infrastructure
		10.4.3 Scenario: Income Support Policies
		10.4.4 Scenario: RBI Liquidity Infusion
			10.4.4.1 Service-Based Industrial Performance
	10.5 Conclusion
	References
11 Sub-National Policy Impact in India: An Integrated Assessment
	11.1 Introduction
	11.2 Scenario
	11.3 Results
		11.3.1 Regional Analysis
	11.4 Concluding Remarks and Recommendations
	References
Index