Ved Jain Associates
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Economic slowdown in India, projected growth rate of 5.0% in 2019-2020.
- High unemployment rate, with a large percentage of the population dependent on agriculture despite its low contribution to GDP.
Mitigation Strategies
- Reduction in corporate tax rates (15% for new manufacturing companies, 22% for existing companies).
- Financial aid to affordable housing.
- Establishment of National Investment Infrastructure Fund.
- Relief granted to MSMEs.