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ALL INDIA RADIO SPOTLIGHT ANALYSIS What are the highlights? 1 ST FEBRUARY 2018 Fiscal Prudence - Under the new GST regime, the last date for filing of GST returns remains the 20th of the succeeding month. This is expected to have a significantly impact balance sheets as indirect tax receipts will be only for 11 months (excluding the receipts for March). Also, Rs 21.57 lakh crores were transferred in the form of net GST to finance the shortfalls of states against the predicted Rs 21.47 lakh. Considering the upended government spending and the above mentioned fiscal constraints, the government wasn’t able to meet its fiscal target of 3.2%. Notably, the 2018-19 target has been set at 3.3% of GDP and the actual fiscal deficit for 2017-18 was calculated to be “Rs 5.95 lakh crore or 3.5% of GDP”. PART - 1 Topic Union Budget 2018 Introduction 1. Union Finance Minister presented the annual budegt in the Parliament.

Transcript of ALL INDIA RADIO SPOTLIGHT ANALYSIS - mindmaps4ias.in · ALL INDIA RADIO SPOTLIGHT ANALYSIS What are...

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ALL INDIA RADIO SPOTLIGHT ANALYSIS

What are the highlights?

1ST FEBRUARY 2018

Fiscal Prudence - Under the new GST regime, the last date for filing of GST returns remains the 20th of the succeeding month.

This is expected to have a significantly impact balance sheets as indirect tax receipts will be only for 11 months (excluding the receipts for March).

Also, Rs 21.57 lakh crores were transferred in the form of net GST to finance the shortfalls of states against the predicted Rs 21.47 lakh.

Considering the upended government spending and the above mentioned fiscal constraints, the government wasn’t able to meet its fiscal target of 3.2%.

Notably, the 2018-19 target has been set at 3.3% of GDP and the actual fiscal deficit for 2017-18 was calculated to be “Rs 5.95 lakh crore or 3.5% of GDP”.

PART - 1

Topic – Union Budget 2018

Introduction

1. Union Finance Minister presented the annual budegt in the Parliament.

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PART - 2

Agriculture - The government’s resolve to double farmers’ income, and increase production was reasserted.

In a major relief to farmers, minimum support price (MSP) for all upcoming Kharif crops has been raised to 1.5 times the cost of production.

“Agricultural Market and Infra Fund” with a corpus of Rs 2,000 crore will be created for 22,000 gramin agricultural markets and 585 APMCs.

Also, Rs 11 lakh crore credit for the farm sector has been proposed and allocation for Food Processing Ministry has been doubled.

A restructured “National Bamboo Mission” with corpus of Rs 1,290 crore to boost bamboo cultivation has been provided for.

Emphasis has been given to organic farming and export of agricommodities has been liberalised to meet India’s agri exports potential of $100 billion.

kisan credit cards has been extended to animal husbandry and fisheries and Rs 10,000 crores has been allocated for these domains.

A favourable taxation treatment for farmer producers

organisations has been intended and agricultural products will now be in futures markets.

A special scheme to manage crop residue and contain winter smog in the northern plains around Delhi has also been proposed.

Rural Welfare - Deposite free gas connections will be provided to 8 crore poor women under the PM Ujjwala Scheme.

Rs 16,000 crore for PM Saubhagya Yojana was allocated for connecting 4 crore households with free electricity.

Also, under Housing for All by 2022 and PM Awas Yojana (rural), 51 lakh affordable housing units constructed in rural and 50 lakh in urban areas.

Allocation to National Livelihood Mission was set at Rs 5,750 crore and target for loans to women self help group has been increased to Rs 75,000 crore.

Extra and non-budgetary resources of Rs 14.34 lakh crore has been estimated for housing, infrastructure and livelihood in rural areas.

Constructing at least 2 crore toilets under Swachh Bharat Mission has been targeted for 2018.

1ST FEBRUARY 2018 Topic – Union Budget 2018

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PART - 3

Education - By 2022, every block with over 20,000 tribals and over 50% STs has been envisioned to have a special “Eklavyaschool”.

The budget establishes an single segmentation from KG till class 12 for education and the blackboard to digital board migration has been stressed.

To arrest brain drain, a new scheme has been proposed to identify bright UG students and nudge them with PG opportunities at premier institutions.

Selected students to get special fellowships and will be expected to teach in institutes of higher education, particularly in rural areas.

An integrated B.Ed programme for teachers has been envisioned for improving quality of teachers and education.

1.5 lakh centres under “Aayushman Bharat programme” to provide health facilities with an allocation of Rs 1,200 crore is to be set up.

Establishment of atleast one medical college for every three parliamentary constituencies has to envisioned.

Allocation of Rs 1 lakh crore has been proposed for revitalisingand upgrading various aspects of the sector as a whole.

Government has also planned to establish of two new Schools of excellence for “Planning and Infrastructure”.

Health - Allocation of Rs 600 crore has been proposed for TB patients who are undergoing treatment.

As many as 10 crore people to get Rs 5 lakh health coverage for hospitalisation every year and the move towards universal health coverage is envisioned.

National social assistance program that provides financial assistance to the elderly, widows, the disabled and orphans has been allocated Rs 9,000 crore.

Setting up of 1.5 lakh centres under “Aayushman Bharat programme” to provide health facilities with an allocation of Rs 1,200 crore has been targeted..

1ST FEBRUARY 2018 Topic – Union Budget 2018

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PART - 4

Financial Schemes - 60 crore bank accounts under PM Jan Dhan Yojana is envisioned awhuch is currently 16 crores.

All the existing “Jan Dhan accounts”, are touted to be brought under micro insurance and pension plans of the government.

Notably, “PM Jivan Jothi Bima Yojana” is currently benefiting about 5.22 crore families.

It was stated that 1.26 crore bank accounts have already been opened under the “Sukanya Samriddhi Scheme” for the financial security of the girl child.

Rs 52,719 crore has been allocated for social inclusion of scheduled castes.

Financial Markets - Government to encourage a strong environment for Venture Capitalists and angel investors.

Meanwhile SEBI would make it mandatory for large corporations to meet a quarter of their debt needs from bond markets.

The disinvestment target for FY2019 has been set for Rs 80,000 crore and for the current fiscal has been set at Rs 1 lakh crore.

The National Insurance Co, Oriental Insurance Co and United

Assurance Co will be merged into one entity which will then be listed.

It has been stated that bank recapitalisation many set the path for public banks to lend an extra Rs 5 lakh crore.

Industry - There seems have been a mass formalisation of MSME industry after GST and demonetisation.

Rs 3,794 crore capital support and subsidy for the sector has been allocated.

Under Mudra Yojana, a credit target of Rs 3 lakh crore has been envisioned for 2018, while it was noted that Rs 4.6 lakh crore was sanctioned till now.

Consumers get relief due to central excise cut on unbranded petrol and diesel by Rs.2 to Rs.6.33 and Rs.4.48 per liter respectively.

1ST FEBRUARY 2018 Topic – Union Budget 2018

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PART - 5

Railways - Targeted for capital expenditure for Railways is set at Rs 1,48,528 crore and a “special railway university” is envisioned at Vadodara, Gujarat.

All trains will soon be equipped with CCTVs and WiFi, and to cut travel times and delays, cutting 4,267 unmanned railway crossings has been targeted.

In a bid to overhaul the railway stations’ infrastructure, all station that have a footfall of 25,ooo passengers will now have escalators.

Allocations for Mumbai rail network was pegged at Rs 11,000 crore and for Bengaluru Metro was Rs 17,000 crore was allocated.

Taxation - No change in personal income tax rates for salaried class.

Jaitley said in his speech that there has been a 12.6% growth in direct taxes in 2017-18 and 18.7% growth in indirect taxes in 2017-18.

As many as 85.51 lakh new taxpayers filed their tax returns in 2017-18, as against 66.26 lakhs new registration in 2016-17.

The total filers now stands at 8.27 crore by end of 2017 and IT collections saw an increase of Rs.90,000 crores over the previous year.

Liberalisation of presumptive income scheme for small businesses with income below Rs 2 crores and professionals earning below 50 lakh is stated.

Corporate tax reduced has been reduced from 30% to 25% for companies with turnover up to Rs 250 crore, this is expected to boost MSME sector.

Long-term capital gains are proposed to be taxed at 10% on investments over Rs 1 lakh and Short term capital gains tax to remain unchanged at 15%.

For senior citizens, exemption of interest income on bank deposits has been raised to Rs 50,000 for senior citizens.

Bank FD and post offices deposits tax exeption of upto Rs. 10,000 was given.

The budget proposes 10% tax on distributed income by equity-oriented mutual funds as well as 100% deductions for cooperative societies..

1ST FEBRUARY 2018 Topic – Union Budget 2018

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PART - 6

Infrastructure - There is a requirement of Rs 50 lakh crore for the infrastructure sector.

A new tunnel at Sera Pass is to be constructed and 10 prominent tourist sites will be upgraded as iconic tourist destinations.

Bharatmala project aims to connect India’s eastern and western ends with a 35,000 km highway and roads network.

An outlay was announced to the tune of Rs 5.35 lakh crore under phase 1.

For toll payments on highways, the government will introduce a new system called “pay as you use”.

Trade - Customs duty on mobile phones, TVs has been hiked form 15% to 20% for providing a fillip to Make in India initiative.

Government also proposes 10% social welfare surcharge on imports.

Employees - Government pledges contribution of 12% in wages of new employees in all sectors for the upcoming 3 years under EPF scheme.

Women contribution to EPF slashed for initial three years to 8%.

Defence - The total outlay for defence in budget 2018 is Rs 2.95 lakh crore, according to PTI, up from Rs 2.74 lakh crore last year.

It was stated that thus far, emphasis was given on modernisationand enhancement of operational capabilities of the armed forces.

The intention has been to boost local manufacturing in defencesector but to meet the immediate needs, foreign procurements are made.

A new industry-friendly defence production policy 2018 for giving a boost to domestic production for private and public sector has also been promised..

1ST FEBRUARY 2018 Topic – Union Budget 2018

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PART - 7

Technology - Rs 3,073 crore was allocated for “Digital India scheme”.

To give access of broadband services to 5 crore rural citizens, an allocation of Rs 10,000 crore was proposed.

This will see the installation of more than 5 lakh WiFi hotspots across India.

Government will now explore the usage of Blockchain technology but it will also take steps to prohibit circulation of cryptocurrencies.

Aviation - Government plans to expand airport capacity by five times and aims to take the trip count to 1 billion per year.

An initial investment of Rs 60 has been set aside for this.

Under UDAN scheme, 64 airports will be connected across the country to boost low cost flying.

Miscellaneous - The food subsidy has been increased for the from Rs 1.4 lakh crore in 2017-18 to Rs 1.69 lakh crore in 2018-19.

To commemorate the 150th birth anniversary of Mahatma Gandhi, Rs 150 crore has been set aside.

Also, it has been proposed that the emoluments of MPs may be increased based on index to inflation..

1ST FEBRUARY 2018 Topic – Union Budget 2018

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What are the highlights?

5th FEBRUARY 2018

The programme is aimed at making interventions to address health holistically, in primary, secondary and tertiary care systems.

The initiatives under the programme are:

Health and Wellness Centre

National Health Protection Scheme

Health and Wellness Centre - National Health Policy, 2017 envisioned Health and Wellness Centres as the foundation of India’s health system.

Under this, 1.5 lakh centres will bring health care system closer to the homes of people.

The centres will provide comprehensive health care, including for non-communicable diseases and maternal and child health services.

These will also provide free essential drugs and diagnostic services.

Contribution of private sector through CSR and philanthropic institutions in adopting these centres is also envisaged.

PART - 1

Topic – Ayushman Bharat-Healthcare Scheme

Introduction

1. In the General Budget 2018-19, the Government of India announced two major initiatives in health sector, as part of Ayushman Bharat programme.

2. The two initiatives are Health and Wellness Centre and National Health Protection Scheme.

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What is the significance?

5th FEBRUARY 2018

Lakhs of families, at present, borrow or sell assets to receive inpatient treatment.

The concern of the consequent impoverishment of poor and vulnerable families is a continuing one.

Under the existing Rashtriya Swasthya Bima Yojana (RSBY), poor families get an annual coverage of Rs. 30,000.

Several State governments have implemented or supplemented health protection schemes that provide varying coverage.

The present initiatives will supplement these in taking health care to a larger mass.

Higher health insurance cover is also seen as leading to a higher life expectancy.

The scheme could potentially ensure enhanced productivity and well being, averting wage loss and impoverishment.

PART - 2

Topic – Ayushman Bharat-Healthcare Scheme

National Health Protection Scheme - This will cover over 10 crore poor and vulnerable families.

This would translate to around 50 crore beneficiaries.

The scheme provides coverage of upto Rs. 5 lakh per family per year for secondary and tertiary care hospitalization.

This is said to be the world’s largest government funded health care programme.

Besides, 24 new Government Medical Colleges and Hospitals will be set up, by up-grading existing district hospitals in the country.

This would ensure that there is at least 1 Medical College for every 3 Parliamentary Constituencies.

Also, at least 1 Government Medical College in each State of the country.

This is to further enhance accessibility of quality medical education and health care.

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What were the fallouts?

5th FEBRUARY 2018

The recently political storm started by the Supreme Court’s surprise verdict to release some opposition leaders has been spiralling out of control.

The government has been openly refusing to comply and has started repressive action against opposing voices.

Emergency - President Abdulla’s Yameen declared a state of emergency in Maldives, which is the 2nd such declaration since he came to power in 2013.

The 1st was in 2015, when an alleged attempt on Yameen’s life seemed to have warranted such a declaration.

The president has clarified that while certain rights will be restricted, general movements, services and businesses will not be affected.

Gayoom’s Arrest – Former President Moumoon Abdul Gayoom, who reigned for 30 years till democracy was established in 2008, was also arrested.

Notably, 80 year old Gayoom is the half brother of Yameen and of late, he has openly sided with the dissenting opposition for toppling the government.

Also, troops stormed the Supreme Court premises and taken procession.

PART - 1

Topic – Political Crisis in Maldives

Introduction

1. While the Supreme Court has ordered the release of many jailed opposition leaders, Maldives government has openly refused to comply.

2. Contrarily, it has declared a state of emergency for 15 days, and government forces have also taken over the Supreme Court complex.

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5th FEBRUARY 2018 Topic – Political Crisis in Maldives

How has the reactions been?

Restricting fundamental freedoms and suspending of the Supreme Court can only happen during martial law, and is illegal in the current situation.

Hence, opposition leaders have voiced that emergency was a blatant violation and an indication of Mr. Yameen’sdesperation to hold on to power.

They’ve appealed to the masses to demonstrate against these actions and the international community has also largely criticised Mr. Yameen’s actions.

PART - 2

Parliament Suspended - The President is required to inform the Parliament about the declaration of emergency within two days.

But to circumvent this, Yameen has suspended the parliament indefinitely.

Notably, as the Supreme Court had also restored 12 MPs who had defected from Mr. Yameen's party, the majority is effectively with the opposition.

This thereby increases the vulnerability of the president to be subjected to impeachment in the 85-member parliament.

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5th FEBRUARY 2018 Topic – Political Crisis in Maldives

PART - 3

Histroic Prespective - India has committed itself to the principle of “non-intervention” in the internal affairs of other countirescountry.

It is also strongly against external strings in its domestic politics and has regularly criticised western powers for interventions in developing countries.

But despite this, India has made multiple interventions in its neighbourhood when pressing concerns have called for such action.

The Bangaladesh liberation of 1971, Sri Lankan intervention in the late 1980s, and more recently, in shaping the Nepali constitution are some examples.

Maldivian Case - When the former president Nasheed was ousted from office in a coup in 2012, India had backed him strongly.

But the subsequent rise of Nasheed’s nemesis and the current president Yameen, India was forced to recalibrate its stands.

This was partly due to Yameen’s strong Islamic diplomacy with the Arab world and his ties with China which is backed by high-profile infrastructure projects.

Current Situation - Yameen is currently looking towards China to secure his position, despite mounting international pressure.

Hence, India has the option to either remain neutral or put its weight delicately behind the opposition to rally for a regime change.

While the former is the safer option, an intervention can be beneficial but would inherently invite the ire of China and holds with it the risk of failure.

India needs to make its move after weighing all the stakes involved.

What are the options for India?

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What transpired at the last MPC meet of the fiscal?

7th FEBRUARY 2018

RBI’s “Monetary Policy Committee” met for its regular bi-monthly to consider and review the monetary direction ahead.

The Policy Outlook - Vigilance on price stability was stressed amid fresh price uncertainties and it was decided to leave the Repo Rates unchanged.

As inflation is at the fastest pace in 17 months, there wasn’t much ambiguity expected on the outcomes of the MPC meet.

Significantly, the MPC retained a ‘neutral stance’, which gives it the flexibility to change gears in either direction.

Inflation Stats - Consumer Price Index (CPI), which is the parameter on which inflation targeting is done, has accelerated for the 6th straight month.

The RBI had in December made a projection for inflation in the range of 4.3-4.7% in the six months through March 2018.

But as fuel prices having risen sharply in January, the estimates for the 4th quarter have been raised to 5.1%.

PART - 1

Topic – RBI Monetary Policy Review

Introduction

1. RBI has left the repo rate unchanged in order to keep inflation under check.

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7th FEBRUARY 2018

PART - 2

Topic – RBI Monetary Policy Review

How does the scenario ahead look? Monetary Policy Committee -

It is a committee of the “Reserve Bank of India” that is responsible for fixing the benchmark interest rate in India.

It usually meets once in 2 months and is mandated to meet at least 4 times a year and it publishes its decisions after each such meeting.

The committee comprises six members – Three officials of the Reserve Bank of India and three external members nominated by the Government of India.

The Governor of RBI is the ex-officio chairperson of the committee and has a casting vote while taking decisions that are tied.

The current mandate of the MPC is to maintain inflation within the targeted range of 4%+2%, which is to be adhered till March 2021.

Projections beyond the current fiscal indicate a worsening inflation scenario, which is also clouded in multiple uncertainties.

The uncertainties - Staggered impact of increase in “House Rental Allowance” by various State governments, which may induce 2nd order effects.

The Budget’s proposed changes to the “minimum support price” norms for crops as well as the proposals to increase customs duty on a range of goods.

Fiscal slippage could also fan inflation and increase borrowing costs.

Optimism - The normalisation of monetary policy by advanced economies could spell a decisive end to global ‘easy money’ conditions.

While this may trigger some flight of capital from emerging markets like India, there are positives for the economy in term of pickup in global growth.

RBI also looks optimistic in its prediction that CPI inflation for the first half of the next fiscal will be in the 5.1-5.6% range before moderating to 4.5-4.6%,

But this is with the assumption that 2018 will have a normal monsoon, which one can only hope and never say with certainity.`

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What are the findings?

9th FEBRUARY 2018

Sex ratio at birth (SRB) refers to number of female births per 1000 male births.

It reflects the extent to which there is reduction in number of girl children born by sex-selective abortions

SRB saw a decline in 17 out of 21 large states of the country.

Gujarat records an alarming dip of 53 points i.e 854 females from 907 females per 1,000 males born.

Gujarat is followed by Haryana, which registered a drop of 35 points, Rajasthan (32 points), Uttarakhand (27 points), Maharashtra (18 points), Himachal Pradesh (14 points), Chhattisgarh (drop of 12 points), and Karnataka (11 points).

The improvement in SRB was witnessed in Punjab, which registered a rise of 19 points, followed by Uttar Pradesh (10 points) and Bihar (9 points).

PART - 1

Topic – Healthy States- Progressive India Report

Introduction

1. A report has been released by the Niti Aayog named Healthy States, Progressive India.

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9th FEBRUARY 2018

PART - 2

Topic – Healthy States- Progressive India Report

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What is the conflict between Israel-Palestine?

10th FEBRUARY 2018

Brutal European anti-Semitism in 19th century convinced the Jewish people could never survive outside of a country of their own which made an emphasis on Zionism.

Zionism is Israel's national ideology and it believe Judaism is a nationality as well as a religion, and that Jews deserve their own state in their ancestral homeland, Israel.

Palestinians are the Arab population who hails from the land which is under Israel, are against the Zionism ideology.

Arabs often see Zionism as a species of colonialism and racism aimed at appropriating Palestinian land and systematically excluding the Palestinians that remain.

Due to this Palestinians wants the territory as Palestine to be established as a state by that name on all or part of the same land.

PART - 1

Topic – India-Palestine Bilateral Relations

Introduction

1. Israel-Palestine conflict is a long standing one in which India has taken different stands for years.

2. Present Indian Administration is taking a pragmatic approach through a diplomatic relationship between both nations.

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10th FEBRUARY 2018 Topic – India-Palestine Bilateral Relations

PART - 2

What are recent incidents in Israel-Palestine conflict?

What was India’s stand on Palestine so far?

In 1950s India ultimately accepted Israel as a country following the lead given by two Muslim-majority countries, Turkey and Iran.

In 1953, Israel opened a consulate in Mumbai, but didn’t had a diplomatic presence in New Delhi.

On the other hand, India in 1975 became the first non-Arab country to recognise Yasser Arafat’s Palestine Liberation Organisation (PLO) as the sole legitimate representative of the Palestinian people, and permitted it have an independent office in New Delhi.

In 1978, India raised its voice to protest against the injustice being meted out to Palestinians by the Zionist attempts.

India’s position on Palestine has been guided by the general consensus in the Arab world, the Non-Aligned Movement and the United Nations.

The west bank and Gaza strip of the Israel is claimed by the Palestinians, and Tel Aviv is being the capital of Israel as of now.

But in December 2017, US administration introduced a proposal for making Jerusalem (a holy place of Jews, Muslims and Christians) as the capital of Israel.

This proposal was opposed by many nations by introducing a resolution in UN.

India also signed against US moves amidst of maintaining a good ties with Israel.

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10th FEBRUARY 2018 Topic – India-Palestine Bilateral Relations

PART - 3

What is the present stand of India in the issue?

India established full diplomatic relations with Israel in January 1992, over 40 years after it recognised that country.

Since then, successive governments have followed a policy of strengthening the relationship with Israel, while maintaining diplomatic support for the Palestinian cause.

But present Indian administration is expected to be tilted towards the Israel, as India elevates its strategic partnership with Israel in areas such as defence, security, agriculture, water management and innovation.

At the same time with its vote in the UN Jerusalem, India has demonstrated the willingness and capability to follow its own geopolitical and pragmatic interests.

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Factors pushing India and the UAE to enhance their engagement:

11th FEBRUARY 2018

Current flux in West Asia

Rise of radical and extremist forces

Changes in the regional order

Uncertainties over US policy under President Donald Trump

India’s growing interest in the Gulf region driven by its economic and trade ties, energy stakes

Over seven-million strong Indian diaspora in the Gulf (including 2.6 million people in the UAE)

PART - 1

Topic – India-UAS Bilateral Relations

Introduction

1. Enjoys strong bonds of friendship based on age-old cultural, religious and economic ties

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11th FEBRUARY 2018

PART - 2

Topic – India-UAS Bilateral Relations

Economically:

Central to India’s pitch for improving foreign direct investments (FDIs) inflow to the country with the large sovereign wealth and business acumen (India is the UAE’s largest trading partner, while the UAE is India’s third largest trading partner after China and the US.)

Expo-2020, the world’s third largest global event after the Olympics is going to be held in Dubai → Boost infrastructure related activities in the UAE → Open opportunities for Indian investors (UAE is focused on diversifying its economy)

Strategically:

To counter terrorist threats and combat online radicalization

India and UAE are rapidly expanding cooperation in the areas of defence, maritime security, space, civilian nuclear energy, defence manufacturing and collaboration between security agencies with an eye on fighting terrorism.

India has stepped up efforts to raise the issue of cross-border terrorism and use of religion to incite terror activities against India during its engagements with these countries. The Mumbai Attack gave a very powerful message against ‘jihad’ sponsored by Pakistan.

Why is UAE special for India:

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Highlights

16th FEBRUARY 2018

The theme of WSDS 2018 is ‘Partnerships for a Resilient Planet’. It seeks to create action frameworks to resolve some of most urgent challenges facing developing economies in backdrop of climate change.

The thematic tracks at WSDS 2018 included discussions on issues related to sustainability, including carbon markets and pricing, sustainable transport, resilient cities, solar energy and refrigerant technologies.

It addressed wide variety of issues, including combating land degradation, effective waste management mechanisms to make cities free of landfills free. It also addressed issues related to combating air pollution effectively, measures to increase resource and energy efficiency, facilitate transition to clean energy and create financial mechanisms to enable effective climate change mitigation.

Over 2000 delegates had participated in the summit, including policy makers, researchers, think tanks, diplomats and corporates from around the world

PART - 1

Topic – World Sustainable Development Summit

Introduction

1. The 2018 edition of World Sustainable Development Summit (WSDS 2018) was held at VigyanBhawan in New Delhi. It was inaugurated by Prime Minister Narendra Modi.

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The Energy and Resources Institute (TERI)

16th FEBRUARY 2018

TERI is a non-profit research institution that conducts research work in the fields of energy, environment and sustainable development.

It aims to focus on formulating local and national level strategies for shaping global solutions to critical issues.

It was established in 1974 as Tata Energy Research Institute and was renamed The Energy and Resources Institute in 2003.

PART - 2

Topic – World Sustainable Development Summit

Key facts

1. WSDS is flagship forum of The Energy and Resources Institute (TERI). It seeks to bring together global leaders and thinkers in the fields of sustainable development, energy and environment sectors on common platform.

Background

1. WSDS has replaced TERI’s earlier called Delhi Sustainable Development Summit (DSDS). The first DSDS was organised in 2005. It underscored need for businesses and private sector to take lead in poverty reduction and to ensure rapid and sustained adoption of Sustainable Development Goals (SDGs).

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What is the significance of coal in India?

22nd FEBRUARY 2018

India has third-largest coal reserves in the world, enough to last for the next 400 years at current consumption levels.

The fossil fuel’s importance to the country cannot be over-emphasised, 66 per cent of India’s electricity is generated from it.

PART - 1

Topic – Opening of Coal Mining for Private Sector

Introduction

1. Union government has decided to open up the coal industry for private sector participation.

2. Few structural issues need to be addressed to gain results from the move.

What are the practical issues in coal mines?

Despite its criticality, the sector continues to be plagued by periodic crises, when coal stocks with power plants almost run out.

It has happened twice in the last four months, this is due to poor policy mechanism taken way back in 1973 to nationalise the coal sector.

With a monopoly over the market for 45 long years, Coal India and its subsidiaries had very little incentive to become efficient and market savvy to meet the demands of their consumers.

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What structural issues government must consider?

22nd FEBRUARY 2018

Recent move will face challenges as Coal is a freight-sensitive commodity and most of the coal is mined in the country’s hinterland.

Indian coal is inferior in quality due to its high ash content rendering it almost unusable for sectors such as cement which has over the years preferred to import and more recently, shifted to pet coke.

Private coal producers will thus have to sell predominantly to power producers, many of whom are not exactly in good financial shape.

Lack of rail links to mines and where such links exist, inadequate availability of railway rakes create enormous disruption in supply of coal, government needs to address this bottleneck on a war footing.

Foreign firms will hesitate to invest if they are unsure how to reach the coal they mine to the users.

PART - 2

Topic – Opening of Coal Mining for Private Sector

What is the recent move about?

1. Union government decided to open up the coal industry for private sector participation, by both domestic and foreign players.

2. The government has allowed private sector to mine without any end-use restriction or price caps is significant.

3. Earlier reforms had at best allowed private players especially in power, cement, steel and aluminium sectors to mine for captive use.

4. It is expected that investments will now flow into this sector and along with it modern technology and global manufacturing. .

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What is GOBAR-Dhan scheme?

26th FEBRUARY 2018

Galvanising Organic Bio-Agro Resources-Dhan (GOBAR-Dhan) has been announced during budget.

Under this scheme Cattle dung, kitchen waste and agricultural waste can be tapped to create biogas-based energy

The objectives of this initiative is to make villages clean and to generate wealth and energy from cattle and other waste.

The Swachh Bharat Mission-Gramin will pilot this initiative.

The GOBAR-Dhan initiative is expected to create opportunities to convert cattle dung and other organic waste to compost, biogas and even larger scale bio-CNG units.

This programme, expected to be launched in April, aims at the collection and aggregation of cattle dung and solid waste across clusters of villages for sale to entrepreneurs to produce organic manure, biogas/bio-CNG.

PART - 1

Topic – Gobar-Dhan Scheme

Introduction

1. Union government has announced GOBAR-Dhanscheme.

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What are few successful insights in this regard?

26th FEBRUARY 2018

One of the challenges for operating biogas plants, and even related higher value chain operations like bio-CNG plants, is the aggregation of cattle waste and maintaining a regular supply to plant operators.

Much can be learned from rural communities who have aggregated cattle dung to operate biogas plants.

These plants which typically supply cooking gas at a cost lower than the conventional LPG gas cylinder.

A Cooperative Service Society in Punjab, does this by aggregating cattle dung and other organic waste to run the biogas plant and providing metered cooking gas to members.

Likewise, the Gram Vikas Trust started the GOBAR Bank initiative in Surat, Gujarat, where members bring fresh cow dung to the community biogas plant.

The dung is weighed and accounted for in their passbooks, In return they get cheap cooking gas as well as bio-slurry, the residue from the biogas plant which is used for vermicomposting and organic farming.

Different business models are being developed, incorporating both small and large-scale operations at all ranges of the bio-energy value chain.

PART - 2

Topic – Gobar-Dhan Scheme

What are the prospects of this initiative?

1. India’s cattle population is at 300 million, putting the production of dung at about 3 million tonnes per day, this will help to tap the full economic potential of such waste.

2. A major thrust is now underway to promote general cleanliness and effective solid and liquid waste management in rural India.

3. With the largest cattle population in the world, rural India has the potential to leverage huge quantities of GOBAR into wealth and energy.

4. According to a 2014 ILO study, the productive use of dung could support 1.5 million jobs nationally, there is a significant potential for farmers to generate income from the sale of cow dung.

5. The value of one kg of cow dung multiplies over 10 times, depending on whether the end product is fresh dung or as input for a one megawatt biogas plant along with compost output.