The ‘expert group on low carbon strategies for inclusive growth’ which was set up under the Planning Commission to develop a strategy for India’s 12th Five Year Plan has released its interim report recently. While this interim report echoes the earlier govt. stand that India is one of the lowest GHG emitters in world, and hence has a right not to be forced with carbon emission cap, it also clearly recognizes that India is highly vulnerable to climate change, and hence has a strong interest in minimizing the risk of climate change. It refers to India’s announcement to reduce the emissions intensity of its GDP by 20-25 % over 2005 level by 2020 through pursuit of proactive policies. This interim report has provided a menu of options to reduce GHG emission intensity in critical sectors of the Indian economy.