Posts

Why Green Policy Needs a Startup Rehash!

If there’s one thing I’ve learnt from working with startups, it’s this: execution eats theory for breakfast. You can have all the vision in the world, but if the real-world tools don’t match the ambition, progress stays stuck on paper. That’s exactly where we are with India’s green transition. The ambition is bold. The targets are clear. But when it comes to how small businesses can participate meaningfully, we’re still miles away from getting it right. And that’s a problem!  Because behind every breakthrough in clean energy, every pivot to sustainability, and every decarbonisation pledge… there’s a founder trying to make sense of how to make it work in real terms. I’ve seen this up close, at AUCL , and with dozens of MSMEs we advise. These are businesses that want to do the right thing. But more often than not, the system doesn’t meet them halfway. Let me give you an example.  The Energy Conservation (Amendment) Act, 2022, and the Renewable Purchase Obligations look like grea...

Navigating the Green Energy Framework: Akshat Khetan's Proposition Towards Unlocking Real Advantage for MSME's in India’s Sustainability Revolution

Image
India is really making some bold moves from climate ambition to green reality, but it is necessary to re-hyphenate the current legal and financial systems. This demand is most evident nowhere more than in the case of India's 60+ million micro, small, and medium-sized businesses (MSMEs), a sector that accounts for almost 30% of our GDP and employs over 110 million people. Nevertheless, despite their important contribution to the economy, MSMEs are structurally under-represented in the current surge of green development. Our founder, Akshat Khetan, at AUCL thinks that to address this, more thought is required on how well our present clean energy frameworks fit the current reality of MSMEs.   The Need to Rehash the Rulebook Codes like the Energy Conservation (Amendment) Act, 2022, and Renewable Purchase Obligation (RPO) rules define India's present regulatory architecture, demonstrating a clear intent to decarbonise. As Akshat Khetan points out, though, these policy actions seem ...