By 2030, the renewable sector has the potential to employ 10 lakh people, according to IREDA.

According to Indian Renewable Energy Development Agency Limited (IREDA) Chairman & Managing Director Pradip Kumar Das, the country's renewable energy sector has the potential to employ 10 lakh people by 2030.

He said during his keynote address at a conference on renewable energy management for cooperatives that India's Renewable Energy (RE) sector "could potentially employ around 10 lakh people by 2030, which would be ten times more than the current workforce of an estimated 1.1 lakh employed by the sector."

According to a statement he made, more than 90% of RE projects have emerged in rural regions, fostering the growth of the rural sector.

The programme is being run at Vaikunth Mehta National Institute of Cooperative Management (VAMNICOM) in Pune, Maharashtra, by the Centre for International Cooperation and Training in Agriculture Banking (CICTAB), with support from the Ministry of Cooperation.

Das emphasized the necessity of improving cooperative organizations capacity to comprehend the implications of environmental degradation and climate change in order for them to play a significant part in turning India green via RE.

He also emphasized the several steps the IREDA has done to advance the waste-to-energy industry. The Indian Renewable Energy Development Agency (IREDA) has increased the exposure cap for waste-to-energy projects to 70% of the project cost.

He also emphasized how the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program, which is a significant effort to turn "Annadata" into "Urjadata," benefits farmers.

The programme seeks to increase farmers' incomes, secure their access to water and electricity, de-dieselize the agricultural industry, and lessen environmental pollution. By solarizing their agricultural pumps, one of the biggest programmes ever launched aims to supply more than 35 lakh farmers with renewable energy.

The programme is anticipated to provide 7.55 lakh job-years worth of employment possibilities for both skilled and unskilled employees. In his concluding remarks, Das stated that in the 5-7 years to come, the country's transition to clean energy is projected to be revolutionised by e-mobility, green hydrogen, and offshore wind.

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