08, March 2019 08/03/2019 – Posted in: Press Information Bureau – Tags: , , , , ,

National Company Law Tribunal

(Ministry of Corporate Affairs)

 

WHAT

The Government has approved establishment of two new benches of National Company Law Tribunal (NCLT).

  • Amaravati in Andhra Pradesh.
  • Indore in Madhya Pradesh.

JURISDICTION

  • The jurisdiction of the Bench at Amaravati will be the state of Andhra Pradesh.
  • The jurisdiction of the Bench at Indore will be the state of Madhya Pradesh.
  • At present Andhra Pradesh comes under the Jurisdiction of NCLT Bench at Hyderabad.
  • At present Madhya Pradesh comes under the jurisdiction of NCLT Bench at Ahmedabad.

AIM

It is aimed at faster disposal of cases, especially under the Insolvency & Bankruptcy Code 2016.

NCLT

  • Set up under the Companies Act, 2013.
  • Provide an effective and time bound adjudication mechanism.
  • It deals with matters related to the Companies Act, 2013, the Insolvency and Bankruptcy Code (IBC), 2016 and the LLP Act, 2008.
  • Presently, 14 numbers of NCLT Benches have been established, including the Principal Bench in New Delhi, and three recently set up benches at Jaipur, Kochi and Cuttack.

Source: PIB

 

 

India Cooling Action Plan Launched (ICAP)

(Ministry of Environment, Forest and Climate Change)

WHAT

India is one of the first countries in the world to develop a comprehensive Cooling Action plan which has a long term vision to address the cooling requirement.

  • ICAP look for synergies in actions for securing both environmental and socio-economic benefits.

VISION

  • Reduction of cooling demand in residential and commercial buildings, cold-chain, refrigeration, transport and industries.
  • Enhancing energy efficiency and better technology options.

ICAP SEEKS TO

  • Reduce cooling demand across sectors by 20% to 25% by 2037-38.
  • Reduce refrigerant demand by 25% to 30% by 2037-38.
  • Reduce cooling energy requirements by 25% to 40% by 2037-38.
  • Recognize “cooling and related areas” as a thrust area of research under national S&T Programme.
  • Training and certification of 100,000 servicing sector technicians by 2022-23.
  • Synergizing with Skill India Mission.

BENEFITS

  • Thermal comfort for all – provision for cooling for EWS and LIG housing.
  • Sustainable cooling – low GHG emissions related to cooling.
  • Doubling Farmers Income – better cold chain infrastructure – better value of produce to farmers, less wastage of produce.
  • Skilled workforce for better livelihoods and environmental protection.
  • Make in India – domestic manufacturing of air-conditioning and related cooling equipment’s.
  • Robust R&D on alternative cooling technologies – to provide push to innovation in cooling sector.

SIGNIFICANCE

  • Improved human health and productivity.
  • Moving towards Sustainable Development Goals.

Source: PIB

 

 

National Energy Efficiency Strategy Plan 2031 – UNNATEE

(Ministry of Power)

 

WHAT

Bureau of Energy Efficiency (BEE) has developed a national strategy document for accelerating energy efficiency in India.

UNNATEE (Unlocking NATional Energy Efficiency potential)

It is a document containing a plain framework and implementation strategy to establish a clear linkage between energy supply-demand scenarios and energy efficiency opportunities.

The document offers a comprehensive roadmap to address India’s environmental and climate change mitigation action through energy efficiency measures.

BEE (Bureau of Energy Efficiency)

  • It is a statutory body under the Ministry of Power, set up under the Energy Conservation Act, 2001.
  • It assists in developing policies and strategies with the primary objective of reducing the energy intensity.
  • It coordinates with designated consumers, agencies, and organizations to identify and utilize the existing resources and infrastructure, in performing the functions assigned to it under the Energy Conservation Act.

ENERGY CONSERVATION ACT 2001

  • Enacted on 1st October 2001 and become effective from 1st March 2002.
  • Objective of providing necessary legal framework for promoting energy conservation measures in the country.

Source: PIB

 

 

Star rating programme

(Ministry of Power)

WHAT

Ministry of Power, expanded its ambitious Standards & Labelling (Star Rating) program for Appliances to cover the Microwave Ovens and Washing Machines (with revised parameters) in the country.

  • The Star Labelling Programs has been formulated by Bureau of Energy Efficiency.

ADVANTAGE

  • Improve energy efficiency in household appliances.
  • Reduce electricity bills of consumers.
  • Promote advancement of technology and energy efficiency.
  • 3 Billion units of electricity can be saved through adoption of star rated Microwave Ovens and Washing Machines by 2030.
  • This would be equivalent to Green House Gases (GHG) reduction of 2.4 Million-ton of CO2 by the year 2030.

Source: PIB

 

 

Water Shortage

(Ministry of Water Resources, River Development and Ganga Rejuvenation)

 

WHAT

Water Storage level of 91 major reservoirs of the country goes down by four percent (as on March 07).

RESERVOIRS

A reservoir is, most commonly, an enlarged natural or artificial lake, pond or impoundment created using a dam or lock to store water. There are three types of reservoirs:

  • The valley-dammed reservoir, which floods a valley.
  • The bank-side reservoir, which diverts water from local rivers.
  • The service reservoir, which is usually a concrete structure holding water.

{ Indira Sagar in the Khandwa district of Madhya Pradesh is the largest reservoir in India.}

REGION WISE STORAGE STATUS

NORTHERN REGION

  • State of Himachal Pradesh, Punjab and Rajasthan.
  • Six reserviors with total storage capacity of 18.01 BCM.
  • Shortage of 29% and average shortage of last ten year was 32%.

EASTERN REGION

  • States of Jharkhand, Odisha, West Bengal and Tripura.
  • Fifteen reservoirs with total storage capacity of 18.83 BCM.
  • Shortage of 56% and average shortage of last ten year was 49%.

WESTERN REGION

  • States of Gujarat and Maharashtra.
  • Twenty Seven reservoirs with total storage capacity of 8.01 BCM.
  • Shortage of 26% and average shortage of last ten year was 40%.

CENTRAL REGION

  • States of Uttar Pradesh, Uttarakhand, Madhya Pradesh and Chhattisgarh.
  • Twelve reservoirs with total storage capacity of 16.94 BCM.
  • Shortage of 34% and average shortage of last ten year was 39%.

SOUTHERN REGION

  • States of Andhra Pradesh, Telangana, AP&TG (Two combined projects in both states), Karnataka, Kerala and Tamil Nadu.
  • Thirty One reservoirs with total storage capacity of 51.59 BCM.
  • Shortage of 25% and average shortage of last ten year was 30%.

Source: PIB