International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

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The Influence of Fiscal and Monetary Policies on Green Consumerism: A Study across the EV and FMCG Sectors

Author(s) Shubham Mehra, Prof. Anshuja Tiwari, Prof. Vivek Sharma, Jitesh Patle
Country India
Abstract This review paper investigates the role of fiscal and monetary policies in shaping green consumerism, with a specific focus on the electric vehicle (EV) and fast-moving consumer goods (FMCG) sectors. Governments worldwide are leveraging tax incentives, subsidies, green bonds, and sustainable investment initiatives to encourage environmentally responsible consumption. By analyzing a selection of empirical studies across different countries, the paper highlights how fiscal measures, such as purchase incentives and eco-label regulations, significantly influence consumer choices in the EV and FMCG markets. Monetary policies, including green loans and sustainability-linked bonds, are also identified as emerging but comparatively less direct drivers of green consumerism. Comparative insights reveal that while fiscal policies have an immediate and measurable impact on consumer adoption rates, monetary tools contribute more subtly by shaping the broader market environment. Graphs, charts, and tables are incorporated to visualize trends, policy effectiveness, and regional variations. The paper concludes by suggesting integrated fiscal-monetary approaches as essential for accelerating the global transition toward sustainable consumption patterns.
Published In Volume 7, Issue 3, May-June 2025
Published On 2025-06-05
DOI https://doi.org/10.36948/ijfmr.2025.v07i03.46570
Short DOI https://doi.org/g9pzsr
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