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PM Inaugurates the New Bhaupur- New Khurja Section of Eastern Dedicated Freight Corridor

New Bhaupur - New Khurja Section of Eastern Dedicated Freight CorridorApprox Read Time: 5 min In News: Prime Minister recently inaugurated the 351-km ‘New Bhaupur- New Khurja section’ in Uttar Pradesh of the Eastern Dedicated Freight Corridor (EDFC).He also inaugurated the EDFC’s Operation Control Centre (OCC) at Prayagraj, Uttar Pradesh.The OCC will be the command centre for the entire route of the EDFC and will control and monitor all systems, including train operation and power supply…

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How Vadodara corporation plans to raise money via municipal bonds

Municipal BondsApprox Read Time: 4 min In News: The Vadodara Municipal Corporation (VMC) is expected to launch municipal bonds in January, 2021.VMC will become the third Urban Local Body (ULB) in Gujarat to use this method to raise money to fund development work sanctioned under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT).Ahmedabad was the first city in south Asia to launch a municipal bond of Rs 100 crore in 1998. Surat…

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Petroleum board’s new unified tariff structure – its impact and challenges in implementation

Petroleum board’s new Unified Tariff Structure Petroleum board’s new Unified Tariff Structure In News: The Petroleum and Natural Gas Regulatory Board (PNGRB) has notified a unified tariff structure for 14 natural gas pipelines.The move is aligned with the government’s emphasis on boosting the consumption of natural gas in the country.The government is aiming to boost the consumption of natural gas which currently accounts for 6.2% of India’s energy consumption to 15% by 2030. Existing tariff…

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NREGS demand still on rise

MGNREGA IssueApprox Read Time: 4 min MGNREGA Issue In News: Despite a progressive relaxation in Covid curbs over the past six months, data shows that the number of gram panchayats that registered demand for work under MGNREGS this year have gone up, compared to previous years. News Summary: Not all gram panchayats register demand for work under NREGS every year. Their NREGS work data shows "nil person days".Data of April till…

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Editorial Analysis: Sustainable agriculture: Incentivise ecosystem services

Sustainable AgricultureApprox Read Time: 5 min Sustainable Agriculture Farm subsidies in India driving agriculture: Ever since the beginning of the Green Revolution in the mid-1960s, India has been supporting its farmers through input subsidies and minimum support prices of important crops.In 2018-19, the farm subsidy bill amounted to Rs 2.56 lakh crore, which is equal to about 8.5% of the agricultural GDP (or about Rs 18,000 per hectare of the…

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Conservative bidding in phase 1; low revenue sharing welcomed

Coal Blocks AuctionApprox Read Time: 4 min Coal Blocks Auction In News: The first phase of auction of coal blocks for commercial use witnessed conservative bidding (bids were not very high) from industry players. News Summary: The first phase of auction of coal blocks for commercial use are happening this month (November, 2020).19 coal blocks were put up for auction (that lasted till November 9), with the successful bidders to…

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In a mirror of economy, agricultural exports grow amid overall decline

India's Agricultural ExportApprox Read Time: 3 min India's Agricultural Export In News: India’s agricultural exports are up 4.6% year-on-year in dollar terms during April-September, even while the overall goods exports saw a decline. News Summary: In the first 6 months of this financial year, from April to September 2020, India’s agricultural exports grew 4.6% year-on-year in dollar terms.This comes even as the country’s overall merchandise exports for the same period have…

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PM: ‘Responsible’ fuel pricing needed

India Energy Forum - CERAWeekApprox Read Time: 5 minutes In News: The Prime Minister (PM) delivered inaugural address at 4th India Energy Forum CERAWeek through video conference.The Prime Minister said India Energy Forum - CERAWeek is serving as an important platform between industry, government and society.The theme of this edition is "India's Energy Future in a world of Change". About: India Energy Forum Established in 2001, the Forum has acquired a…

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