28 February 2024 : PIB Summary for UPSC

PIB Summary for UPSC

28 February -2024

1. Central Electricity Authority to honour the nation’s frontline power sector workers

Topic: GS2 – Indian Polity – Statutory Bodies CEA is crucial for UPSC as it governs India’s power sector, influencing policies, planning, and development.

Context

●       The Central Electricity Authority organizes the fourth ‘Lineman Diwas’ in New Delhi on March 4, 2024, celebrating the dedication and service of linemen in electricity distribution nationwide.

 
Additional information on this news:

• The Central Electricity Authority (CEA) is organizing the fourth edition of ‘Lineman Diwas’ in New Delhi on March 4, 2024.
• The celebration recognizes the dedication of linemen and ground maintenance staff in electricity distribution across India.
• The theme is ‘Seva, Suraksha, Swabhiman’, acknowledging the selfless service of linemen.
• The event is in collaboration with Tata Power Delhi Distribution Ltd (Tata Power-DDL).
• Linemen from over 100 transmission and distribution companies nationwide will participate, sharing experiences and safety best practices.
• The day aims to become a nationwide tradition, uniting state and private power companies.
• The Chairperson of CEA emphasizes linemen’s indispensable role in ensuring a brighter future for India’s power infrastructure.

The Central Electricity Authority (CEA)

The Central Electricity Authority (CEA) is a statutory organization in India that operates under the Ministry of Power. Established in 1951, the CEA is responsible for formulating policies and coordinating activities in the field of electricity generation, transmission, and distribution. It plays a crucial role in planning and promoting efficient utilization of resources in the power sector. The CEA is involved in preparing short-term and perspective plans for the development of the electricity system. It conducts studies, research, and analysis to support decision-making in the power sector. The authority also facilitates the development of technical standards and specifications for equipment and systems related to power generation and transmission. CEA acts as an advisor to the government on matters related to the power sector, contributing to the formulation of policies and regulations. It monitors the performance of power utilities and recommends measures for improvement to ensure the reliability and stability of the electricity grid.

Practice Question:  In the context of India’s power sector, discuss the role and significance of the Central Electricity Authority (CEA) (150 words/10 m)

2. Triple track of strong macroeconomic fundamentals, infrastructure push and social welfare powering India’s growth: Sh. Goyal

Topic: GS3 – Indian Economy UPSC relevance: Assessing India’s economic growth, policy emphasis, and sector achievements underpins understanding of national development.

Context

●       Union Minister Piyush Goyal highlights India’s economic growth, emphasizing 3D vision (democracy, demography, demand), urging manufacturing contributions, and outlining achievements in various sectors at a FICCI conclave.

 
Additional information on this news:

• Union Minister Shri Piyush Goyal highlights India’s growth with strong macroeconomic fundamentals and infrastructure development.
• Emphasizes the 3D vision of democracy, demography, and demand as key drivers for India’s economic progress.
• Encourages manufacturing sector contributions, aiming to make India a developed nation by 2047.
• Urges ‘Vocal for Local,’ job creation, and boosting the service sector and tourism.
• Projects increased foreign investments, expecting a significant boost in the economy through exports.
• He underlined the fact that India has emerged as a preferred investment destination and global sourcing hub, leveraging its aspirational population.
• He also highlighted notable achievements in renewable energy, automobile, electrical, and electronic manufacturing sectors.
• Plans to double manufacturing capacities in the construction sector and set focus on semiconductor industry development.
• Auto component industry aims for $100 billion exports by 2030.
• Government initiatives to promote shipbuilding and tourism, fostering goods manufacturing in the country.
• Recognizes India’s role in global value chains, capable of meeting global needs with high-quality and affordable production.

<td “>3D vision of democracy, demography, and demand as key drivers for India’s economic progress:

Democracy Stability and Predictability: Democratic systems provide a framework for peaceful transitions of power, reducing uncertainty and promoting stability that is attractive to investors. Protection of Rights: Democracies prioritize individual rights, property rights, and the rule of law, creating a safer environment for businesses to operate and thrive. Accountability: Transparent governance and checks and balances limit corruption and ensure that the government is responsive to the needs of its citizens, including economic development. Demography Young Workforce: India’s large and youthful population translates to a vast pool of potential workers and consumers, driving productivity and economic growth. Human Capital: With increasing investment in education and skill development, India’s workforce is becoming more skilled and productive, making the country more competitive in the global market. Demand Growing Middle Class: India’s expanding middle class drives increased consumption of goods and services, fueling economic growth. Domestic Market: India’s large domestic market provides a significant base for businesses to grow and expand, reducing reliance on international markets. Infrastructure Development: Investment in infrastructure creates jobs and supports the movement of goods and services, stimulating economic activity and demand.

PYQ: Investment in infrastructure is essential for a more rapid and inclusive economic growth. Discuss in the light of India’s experience. (250 words/15m) (UPSC CSE (M) GS-3 2021)

PYQ: Investment in infrastructure is essential for a more rapid and inclusive economic growth. Discuss in the light of India’s experience. (250 words/15m) (UPSC CSE (M) GS-3 2021)

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