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India to become 5th largest economy in 2025, 3rd largest by 2030: CEBR
“India has been knocked off course somewhat through the impact of the pandemic. As a result, after overtaking the UK in 2019, the UK overtakes India again in this year’s forecasts and stays ahead till 2024 before India takes over again,” the Centre for Economics and Business Research (CEBR) said in an annual report published on Saturday.
The UK appears to have overtaken India again during 2020 as a result of the weakness of the rupee, it said.
COVID-19: Daily deaths below 300 after over 6 months, 22,273 new cases reported
The number of people who have recuperated from the disease surged to 97,40,108, pushing the national recovery rate to 95.78 per cent, while the COVID-19 case fatality rate stands at 1.45 per cent
The active caseload remained below three lakh for the fifth consecutive day. There are 2,81,667 active coronavirus infections in the country, constituting 2.77 per cent of the total caseload, the data stated
Citrix hit by DDoS cyberattack, says working on a fix
India to bank on innovative ways to garner Rs 1.75 lakh crore investment in 2021 for renewable energy sector
“There is a fund requirement of Rs 1.75 lakh crore to achieve the balance capacity of 35 GW (under bidding/ to be bid out/ auctioned) to achieve an overall target of 175 GW,” Director General of Solar Power Developers Association Shekhar Dutt told PTI.
According to him, India needs to design innovative tenders with the inclusion of wind, solar and energy storage to ensure that renewable can replace fossil fuels to a great extent.This year has been challenging for the renewable energy sector but the industry has been able to withstand the crisis caused by the pandemic with support of the government.
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