The Indian economy is facing a crisis at three different levels — health, economic and climate-change related. This ongoing crisis has given India an opportunity to change the course of development, a model where people, not profits, form the core. Based on the Indian economy’s employment-generating capacity, we propose an Indian Green Deal (IGD) that generates jobs and fundamentally alters the carbon footprint of the economy. The programme is divided into three components – care economy, infrastructure, and green energy transition – to address the triple crises, respectively. We show that for the same amount spent, 3.5 jobs will be generated in green energy programme compared to one job in the fossil fuel sector. If the amount promised under the Covid package of the Indian government are spent on IGD, it would generate 22.7 million jobs every year. It also provides disaggregated evidence on the quality of jobs as well as gender and caste representation. As for financing, there are two ways in which it can be financed — an international carbon fund and/or domestic sources. An IGD, financed through these sources, addresses both the questions of the climate crisis and climate injustice in one go.

印度经济正面临三个不同层面的危机——健康、经济和气候变化相关。这场持续的危机给了印度一个改变发展方向的机会，即以人而非利润为核心的模式。基于印度经济的就业创造能力，我们提出了一项印度绿色协议 (IGD)，它可以创造就业机会并从根本上改变经济的碳足迹。该计划分为三个部分——护理经济、基础设施和绿色能源转型——分别应对三重危机。我们表明，对于相同的支出，与化石燃料部门的 1 个工作岗位相比，绿色能源项目将创造 3.5 个工作岗位。如果将印度政府 Covid 一揽子计划下承诺的金额用于 IGD，将产生 22。每年 700 万个工作岗位。它还提供了关于工作质量以及性别和种姓代表性的分类证据。至于融资，有两种融资方式——国际碳基金和/或国内资源。通过这些来源资助的 IGD 可以一次性解决气候危机和气候不公正问题。