19 Dec 2023 : PIB
PRESS INFORMATION BUREAU
19-December -2023
1. STEPS TAKEN TO INCREASE STEEL PRODUCTION IN THE COUNTRY.
| Topic: GS3 – Indian Economy – Mobilisation of Resources Importance of this topic lies in its multidimensional nature – encompassing economic development, governance, trade policies, environmental sustainability. |
| Context: |
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Steel Sector Overview:
- Steel sector is deregulated; Government acts as a facilitator.
- Individual companies (public and private) make decisions on steel production based on market dynamics.
Government Initiatives to Boost Steel Production:
Domestically Manufactured Iron & Steel Products (DMI&SP) Policy:
- Provides preference to domestically manufactured iron and steel products in Government Procurement.
Steel Scrap Recycling Policy:
- Aims to enhance the availability of domestically generated scrap.
Steel Quality Control Orders:
- Prevents manufacturing and import of non-standardized steel.
- Ensures availability of quality steel products to the public.
Custom Duty Adjustments:
- Basic Custom Duty adjustments on steel products and raw materials.
- Calibration of trade remedial measures like Anti-Dumping Duty (ADD) and Countervailing Duty (CVD) on certain steel products.
- Enhances competitiveness of India’s steel sector.
Production Linked Incentive (PLI) Scheme:
- Targets specialty steel to promote manufacturing within the country.
Capital Expenditure Increase:
- Government increased Capital Expenditure to Rs. 10 lakh crores during FY 2023-24.
Infrastructure Projects and Economic Growth:
- Increased Capital Expenditure encourages investments in infrastructure projects.
- Expected boost in steel demand.
Overall Economic Growth Measures:
- Government taking measures to accelerate overall economic growth.
- Anticipated increase in demand for steel and other construction materials.
Market Dynamics:
- Steel production decisions left to individual companies based on market dynamics.
2. Global Bio-fuel Alliance.
|
Topic: GS3 – Indian Economy – Infrastructure: Energy UPSC candidates must be aware of GBA’s global biofuel initiative, encompassing energy transition, technology export opportunities, and international cooperation dynamics – from both prelims and mains perspective. |
<trstyle=”background-color: #ffc000″>Context:
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Global Biofuels Alliance (GBA) Launch:
- Launched on September 9, 2023, at the G20 Summit in New Delhi.
- Supported by 19 countries and 12 international organizations.
Multi-Stakeholder Alliance:
- Comprises Governments, International Organizations, and Industries.
- Aims to unite major consumers, producers of biofuels, and interested countries from the Global South.
Objectives:
- Drive development and deployment of biofuels globally.
- Position biofuels as a key element in the energy transition.
Facilitating Global Uptake:
- Expedite adoption of biofuels globally.
- Facilitate capacity-building and provide technical support for national biofuel programs.
Sharing Best Practices:
- Foster sharing of best practices among member countries and stakeholders.
Promoting Technology Advancements:
- Promote advancements in biofuel technology.
Knowledge Repository:
- GBA to serve as a central repository of knowledge.
- Act as an expert hub for biofuel-related information.
Opportunities for Indian Industries:
- Expected to provide additional opportunities for Indian industries.
- Exporting technology and equipment, generating employment, and supporting skill development.
Global Cooperation:
- Aims to strengthen global cooperation for the rapid adoption and deployment of biofuels.
Wide Spectrum of Stakeholders:
- Encourages participation from a diverse range of stakeholders.
Economic Impact:
- Anticipated economic benefits for Indian industries through technology exports and employment generation.
3. Water Conservation Initiatives
| Topic: GS3 – Environment – Conservation Crucial for UPSC as it covers environmental sustainability, national resource management, and rural and urban development strategies. |
| Context: |
|
Water Conservation Priority:
- Water conservation is a key priority for the Government of India.
Master Plan for Artificial Recharge to Groundwater-2020:
- Central Ground Water Board (CGWB) prepared the plan in consultation with States/UTs.
- Envisages construction of 1.42 crore rainwater harvesting and recharge structures.
- Aims to harness 185 Billion Cubic Metre (BCM) of monsoon rainfall.
- Circulated to all States/UTs for implementation.
Jal Shakti Abhiyan (JSA):
- Implemented by the Ministry of Jal Shakti since 2019.
- Annual initiative promoting water conservation.
- Jal Shakti Abhiyan: Catch the Rain 2023 launched for implementation nationwide.
Pradhan Mantri Krishi Sinchayee Yojana (PMKSY):
- Implemented since 2015-16.
- Aims to enhance physical access to water on farms and improve irrigation efficiency.
- Introduces sustainable water conservation practices.
Atal Bhujal Yojana (ATAL JAL):
- Launched in 2019.
- Objective: Improve groundwater resource management in water-stressed areas.
- Emphasizes rainwater harvesting and community participation.
- Implemented in 7 states.
MGNREGS (Mahatma Gandhi National Rural Employment Guarantee Scheme):
- Includes water conservation and harvesting structures under its natural resource management component.
Urban Guidelines for Water Conservation:
- Ministry of Housing & Urban Affairs formulates guidelines.
- Focus on rainwater harvesting and conservation measures.
- Includes Unified Building Bye Laws (UBBL) and Model Building Bye Laws (MBBL).
15th Finance Commission Grants:
- Released to States for utilization through Rural Local Bodies.
- Can be used for rainwater harvesting and related initiatives.
For Enquiry
19 Dec 2023 : PIB
19 Dec 2023 : Daily Current Affairs
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December 2023 Pib 19 Dec 2023 : PIB PRESS INFORMATION BUREAU
19-December -2023
1. STEPS TAKEN TO INCREASE STEEL PRODUCTION IN THE COUNTRY.
Topic:…
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