India, Jan. 29 -- A cautious approach to energy transition and reforms aligned with environmental regulation, climate commitments, and ease of doing business is at the heart of India's approach as it pursues the Vikshit Bharat (developed India) goal by 2047, according to the Economic Survey 2025-26 tabled in Parliament on Thursday.

The survey summarises India's cautious approach with a greater focus on development and adaptation. "The global climate change agenda has reached an inflexion point. What was once framed as a straightforward moral and technological transition toward a net-zero future is today marked by complex trade-offs, capacity constraints," it says, giving examples from Europe.

It says the rapid deployment of solar and wi...