infrastr and investment models Flashcards
National Time Release Study?
- First one released this yr; institutionalized on an annual basis across 15 ports including sea, air, land and dry ports.
- by Deptt of Revenue, Min of FInance
- benefits:
- will establish baseline performance measurement and have standardized operations and procedures across all ports.
- will measure rule-based and procedural bottlenecks (including physical touchpoints) in the clearance of goods, from the time of arrival until the physical release of cargo.
- TRS is an internationally recognized tool advocated by the World Customs Organization
- will improve Ease of Doing of Business, particularly on the Trading Across Borders indicator which measures the efficiency of the cross-border trade ecosystem. Last year India’s ranking on the indicator improved from 146 to 80.
Time Release Study?
- by World Customs Organisation
- It is an internationally recognized tool to measure the actual time required for the release and/or clearance of goods, from the time of arrival until the physical release of cargo.
- WCO TRS is specifically referenced in Article 7.6 of the WTO Trade Facilitation Agreement (TFA) as a tool for Members to measure and publish the average release time of goods.
T/F: Ocean nergy is Renewable energy.
T
Done recently.
MNRE has clarified to all the stakeholders that energy produced using various forms of ocean energy such as tidal, wave, ocean thermal energy conversion etc. shall be considered as Renewable Energy and shall be eligible for meeting the non-solar Renewable Purchase Obligations (RPO).
Total identified potential of Tidal Energy?
about 12455 MW, with potential locations identified at Khambat & Kutch regions, and large backwaters, where barrage technology could be used.
potential of wave energy in India?
about 40,000 MW
Top supplier of Crude oil to INdia?
As of Dec 2021
- Iraq: 25 Bn $
- Saudi Arabia: was at top till 2017-18
3.UAE: earlier Iran but India stopped importing after US sanctions - USA
- Nigeria
- Kuwait
Iran was the second largest supplier of crude oil, after Saudi arabia, until 2010-11, but then sanctions was imposed on her by USA
Dec 2022: Russia has for the first time emerged as top oil supplier to India replacing Iraq. India’s oil imports from Russia rose for the fifth straight month, totaling 908,000 barrels per day (bpd) in November. Russian oil accounted for about 23 per cent of India’s overall import of about 4 million bpd oil in November
Top supplier of Natural Gas to INdia?
India imports 45% of the total amount of natural gas it consumes.
Highest being Qatar
SARAL – ‘State Rooftop Solar Attractiveness Index’?
- by MNRE, Shakti Sustainable Energy Foundation (SSEF), ASSOCHAM and Ernst & Young (EY).
- this is a first-of-its kind Index that evaluates Indian states based on their attractiveness for rooftop development.
- five key aspects:
- robustness of policy framework
- implementation environment
- investment climate
- consumer experience
- business ecosystem
- Findings:KN placed First; Telangana, Gujarat and Andhra Pradesh have got 2nd, 3rd and 4th
- Potential fr Rooftop solar in India: 124GW; hwever only 1.25 GW has been installed by 2016.
Biometric Seafarer Identity Document (BSID)?
- India has become the first country in the world to issue BSID to sea-farers
- Eligibility: Every Indian seafarer who possesses a valid Continuous Discharge Certificate issued by the GoI
- Features:
- It will have a biometric chip embedded in it.
- The card has two optical security features- Micro prints/micro texts and Unique Guilloche pattern.
India’s Industrial policies?
- IP 1948
- IP 1956
- IP 1977
- IP 1980
- IP 1990
- IP 1991
IP 1948?
- established India: Mixed economic model
- classified industries into four broad areas:
- Strategic Industries (Public Sector): Arms and ammunition, Atomic energy and Rail transport.
- Basic/Key Industries (Public-cum-Private Sector):
- 6 industries viz. coal, iron & steel, aircraft manufacturing, ship-building, manufacture of telephone, telegraph & wireless apparatus, and mineral oil
- existing pvt enterprises continue bt rest by CG
- Important Industries (Controlled Private Sector):
- 18 industries including heavy chemicals, cotton textile & woollen industry, cement, machine tools, fertiliser, air & sea transport,electricity etc.
- continue to remain under private sector however, CG + SG shall hv general control over them
- Other Industries (Private and Cooperative Sector): remaining; open for pvt; bt still many requiring licence
IP 1956?
- regarded as “Econ Constitution of India” or “The Bible of State Capitalism”: as it gave basic framework for the government’s policy in regard to industries till June 1991
- classified industries into three categories
- Schedule A : exclusive responsibility of the State; led to CPSUs (Temples of modern India)
- in 4, arms and ammunition, atomic energy, railways and air transport, CG had monopolies
- in 13, new units to be developed by SGs
- Schedule B: open to both the private and public sectors; SGs to take initiative and then expanded by pvt sector; also Compulsory Licensing fr all ind in this schedule
- Schedule C: remaining; open to pvt sector; However, the State reserved the right to undertake any type of industrial production.; licensing in many ind in this sched too.
- Schedule A : exclusive responsibility of the State; led to CPSUs (Temples of modern India)
- Licensing in sched B & C: ‘Licence-Quota-Permit’ raj; reduced the scope for the expansion of the pvt sector significantly
- emphasis on cottage and small scale industries for expanding employment
IP 1973?
- new classification of core industries introduced eg iron& steel, coal etc. Pvt sector may apply for licenses in core industries that weren’t in Schedule A
- some industries put in ‘reserved list’: only SMEs cud be set up
- concept of ‘joint sector’; allowed partnership betn centre, state and pvt
- FERA was passed in 1973: called ‘draconian’ by experts
- a ltd permisson to foreign investment, MNCs allowed to set up subsidiary in India. Foreign inv through tech transfer was allowed
IP 1977?
- main thrust: effective promotion of cottage and small industries widely dispersed in rural areas and small towns; District industries Centre (DICs) were set up to promote SMEs
- small sector was classified into three groups—cottage and household sector, tiny sector and small scale industries
- areas for large scale industrial sector- Basic industries,Capital goods industries, High technology industries and Other industries outside the list of reserved items for the small scale sector.
- restricted the scope of large business houses so that no unit of the same business group acquired a dominant and monopolistic position in the market.
- encouraged the worker’s participation in management from shop floor level to board level.
IP 1980?
sought to promote the concept of economic federation (development of industry in backward areas), to raise the efficiency of the public sector and to reverse the trend of industrial production of the past three years and reaffirmed its faith in the MRTP act and FERA
proposed search of alternative forms of energy
New Industrial Policy During Economic Reforms of 1991?
- de-reservation of industries: no. of ind reserved for Govt cut to 8 (nw only 2: atomic energy-nuclear reaserach and railways)
- Delicensing of industries: no. of ind put under compulsory licensing(sched B&C) cut down to only 18
- presently only 4: aerospace and defence related electronics; gun powder, ind explosives; dangerous chemicals; tobacco, cigarette
- Disinvestment of Public Sector: to enhance efficiency
- abolition of MRTP limit; instead Competition act 2002
- Promotion to Foreign investment: both FDI (Enron, Coke) and FII (i.e individual foreign investment is still nt allowed). In 47 high priority industries, upto 51% FDI was allowed
- FERA replaced by FEMA
- policy regarding location of industries simplified; nw only 2 categories- polluting (>25km away frm cities) and nonpolluting (no restriction).
- compulsion of phased production abolished
- compulsion to convert loans into shares abolished
PPP models?
- BOT-TOLL:
- BOT Annuity
- BOO
- BOOT
- BOLT
- EPC
- HAM
- Swiss annuity model
- LDO
- PPPP model
- ROT
BOT-TOLL?
‘build-operate-transfer-toll’
- project cost shared with Govt
- pvt was to build, maintain, operate the road and collect toll on traffic
- bid given to pvt to share max toll revenue with Govt
- pvt to cover ‘all risks’- land acquisition, constr, inflation, cost-delays etc
- govt responsible only for regulatory clearances
- national highway projects contracted out by NHAI under PPP mode is a major example for the BOT model.
BOT Annuity model?
- pvt was to build, maintain and operate the road projects without any responsibility of collecting toll on traffic
- pvt was offered a fixed annual compensation-annuity
- party bidding for min annuity got the bid
- toll collection responsibility of Govt; thus commercial risk (traffic) was taken over by govt, though rest of the risks still borne by pvt player
BOO model?
Build-Own-Operate (BOO): This is a variant of the BOT and the difference is that the ownership of the newly built facility will rest with the private party here.
The public sector partner agrees to ‘purchase’ the goods and services produced by the project on mutually agreed terms and conditions.
BOOT model?
Build-Own-Operate-Transfer (BOOT): This is also on the lines of BOT. After the negotiated period of time, the infrastructure asset is transferred to the government or to the private operator. This approach has been used for the development of highways and ports.
BOLT model?
Build-Operate-Lease-Transfer (BOLT): In this approach, the government gives a concession to a private entity to build a facility (and possibly design it as well), own the facility, lease the facility to the public sector and then at the end of the lease period transfer the ownership of the facility to the government.
EPC model?
Engg-procurement-Construction model
- project cost fully covered by Govt along with majority of risks like land acquisition, cost over-runs, delays etc.
- pvt were supposed to design, develop, construct and hand-over road projects to Govt; thus exposed only to construction level risks
- maintenance, operation and toll collection goct’s responsibilities
- project given to lowest cost
HAM model?
Hybrid annuity model
- mix of BOT-ANNUITY and EPC
- project cost shared by govt and pvt players in 40:60
- pvt player to construct and handover to govt; maintenance also pvt upto annuity period; pvt player paid fixed annual compensation for annuity period (usually 15yrs)
- govt will collect toll; govt covers most of the risks like land acquisition, operation, toll collection
- project risks like cost-overruns are shared
Swiss challenge model?
- used for redevelopment of rly stations
- a very flexible methof; cn be used in PPP as well as non-PPP projects
- one bidder is asked by the govt to submit proposal for the project, which is put in public domain
- Afterwards, several proposal by other bidders, improving the original proposal
- finally an improved bid is selected called counter-proposal
- If original bidder is nt able to match counter-proposal, its given to latter
LDO model?
Lease-Develop-Operate (LDO): Here, the government or the public sector entity retains ownership of the newly created infrastructure facility and receives payments in terms of a lease agreement with the private promoter. This approach is mostly followed in the development of airport facilities.
PPPP model?
Public pvt People parrtnership
- in use since 2000-01, for eg participatory irrigation scheme in CAD
- a good model for local govt led projects
ROT model?
Rehabilitate-Operate-Transfer (ROT): Under this approach, the governments/local bodies allow private promoters to rehabilitate and operate a facility during a concession period. After the concession period, the project is transferred back to governments/local bodies.
Visveswaraya plan?
- first blueprint of Indian planning
- in his book, The planned Economy of iNdia,1934
- democratic capitalism with emphasis on industrialisation-
- shift of labour frm agri to industries
- target of doubling the national income in one decade
FICCI proposal?
the leading organisation of iNdian capitalists
opposed complete free trade and asked fr a comprehensive plan fr economic development
Dadabhai naoroji and MG ranade on state role in economy?
in favour of dominant role of state in the economy and doubted the ‘prudence’ of market mechnism
Congress plan?
Though the Gandhians and some business representatives were opposed to commit the party to centralised state planning , SC Bose set up national planning Committee in 1938 under JN Nehru.
work interrupted by 2nd WW; finla report published in 1949
Bombay PLan?
by a grp of inutrialists including:
- Purushotamdas Thakurdas: also part of National planning committee
- JRD Tata
- G Birla
- Lala Sri Ram
- Kasturbhai Lalbhai
- AD Shroff
- Avdeshir Dalal
- John mathai
published in 1944-45
First FYP?
- 1951-56
- based on Harrod-domar model
- highest priority on agri incl irrogation and power
- 45% plan outlay on PSUs
- plan was successful and achieved growth rate of 3.6% (more than its target)
Second FYP?
- 1956-61
- based on PC Mahalanobis model
- main focus was on the industrial development of the country.
- Hydroelectric power projects and five steel mills at Bhilai, Durgapur, and Rourkela were established.
- It could not be implemented fully due to the shortage of foreign exchange. Targets had to be pruned. Yet, This plan was successful and achieved a growth rate of 4.1%
Third FYP?
- 1961-66
- aka ‘Gadgil Yojana’
- plan specifically incorporated the development of agriculture as one of the objectives of planning in India and, for the first time, considering aim of balanced, regional development
- aim: establishment of a self-reliant and self-generating economy
- Due to china war, this plan could not achieve its growth target of 5.6%
Three annual plans?
- 1966-69: Plan holiday
- main reason behind plan holiday: Indo-Pak war and failure of third plan
- A new agricultural strategy was implemented. It involved the distribution of high-yielding varieties of seeds, extensive use of fertilizers, exploitation of irrigation potential and soil conservation measures.
Fourth FYP?
- 1969-74
- based on Gadgil strategy
- two main objectives:
- growth with stability, and
- progressive achievement of self-reliance
- “Garibi Hatao” (politicisation of planning started); 14 banks’ nationalization and GR
- was ambitious but this plan failed and could achieve a growth rate of 3.3% only against the target of 5.7%.
Fifth FYP?
- 1974-79; given by DP Dhar
- top priority was given to agriculture, next came to industry and mines.
- focus on poverty alleviation and self-reliance;Twenty-point program with the objective of ‘Growth with stability’
- the Indian national highway system was introduced for the first time.
- plan terminated in 1978 by Janata party govt
Rolling FYP?
- plan was started with an annual plan for 1978-79 and as a continuation of the terminated fifth-five year plan.
- adjusted by INC Govt that formed in 1980 as follows:
- 1978-79 was added to 5th FYP to complete it
- 1979-80 was regarded as an annual plan
- emphasis on some highly new economic ideas with almost a complete NO to foreign investments, new thrust on price control, rejuvenation of PDS, emphasis on SMEs. and PRIs
Sixth FYP?
- 1980-85
- basic objective:
- poverty eradication
- technological self-reliance
- ‘Target Grp’ approach initiated
- emphasis on socio-economic infra in rural areas, eliminating rural poverty and reducing regionla disparities
- Most targets achieved. Growth: 5.5 pc.
Seventh FYP?
- 1985-90
- objectives: growth, modernisation, self-reliance and social justice
- For the first time, the private sector got the priority over public sector.
- democratic decentralisation: 73rd and 74th CAA
- healthy growth rates bt at the cost of poor fisca lmanagemet and iNdia had a really unfavourable BoP by the end.
- Last plan to have import substitution strategy
Two annual plans?
- 1989-91
- Eighth five Plan could not take place due to the volatile political situation at the centre.
- basic thrust on maximisation of employment and social transformation.
Eighth FYP?
- 1992-97
- economic reforms were already started in july 1991
- new focus on :
- redefining state’s role in the economy
- ‘market based’ development
- pvt sector investment in infrastr
- restructuring of subsidies
- decentralised planning
- New Economic Policy consisted of reforms like
- license for establishment of foreign pvt sector banks in India
- abolition of import licensing except for hazardous and environmentlly sensitive industries
- reduction in rate of Corporation tax
- devaluation of rupee
- gradual abolition of industrial licensing
- Foreign investment limit in banks was raised to around 50%
- Quantitative restrictions on imports of mfd consumer goods and agri products were fully removed frm April 2001
- reduced the role of RBI frm regulator to facilitator of Financial sector
Ninth FYP
- 1997-2002
- backdrop: slowdown amid SE Asian crisis
- not only targetted an ambitious high GR, but also aimed fr ‘time bound’ social objectives
- emphasis on 7 identified Basic Minimum Services:
- safe DW
- primary health service
- universalisation of Primary education
- Public housing assistance to poor
- nutritional support to children
- connectivity to all villages and habitations
- streamlining of PDS
- issue of fiscal consolidation beacme a top priority
10th FYP?
- 2002-2007
- aims to
- double the Per Capita Income of India in the next 10 years.
- reduce the poverty ratio of 15% by 2012
- higher GR not the sole objective and aimed improvement in quality of life
- greater role pf states and PRIs
- Agriculture sector declared as prime Moving Force of the economy
11th FYP?
- 2007-12
- targets a GR of 10% and emphasises ‘inclusive Growth’
- India recorded an average annual economic growth rate of 8%, farm sector grew at an average rate of 3.7% as against 4% targeted. The industry grew with an annual average growth of 7.2% against 10% targeted.
Bogibeel bridge?
India’s longest rail-road bridge, connecting the north and south banks of the Brahmaputra, falling in the eastern part of Assam and Arunachal Pradesh. The bridge is 4.94 km long.
It will reduce train travel time between Tinsukia in Assam to Naharlagun in AP by 10 hrs
“Transitioning from coal won’t be easy”?
Coal phase out is a must for any eventual target of net zero emission.
- over dependence on coal for energy needs. 70% as of now. In FY20, India consumed approximately 942 million tonnes (MT) of coal, 730 MT of which was produced domestically. Of this, approximately 666 MT was produced by CIL and SCCL
- phaseout plan also carries elements of a “just transition” i.e. it must recognise that there will be broader social and economic consequences of transitioning to clean energy
- roadmap for workers and communities dependent on fossil fuels
- eg. German coal phaseout plan seeks to end coal burning by 2038 and calls for an investment of more than 50 billion euros for mining and plant operators, impacted regions and employees.
- Using different employment factors, one study has pegged direct coal jobs at 7,44,984, while another study pegs it at approximately 12,00,000. This figure does not even include contract employees, those in ancillary services as well as those engaged in statecraft coal (non-legal small scale coal mines in NE) and subsistence coal (small-scale collieries run on village commons usually bordering formal mines)
- factors like education, skill levels, willingness to migrate, and caste. Without adequate information on these parameters, it becomes difficult to decide how and where to finance the transition.
- revenues from coal and allied activities. In FY20, the Centre alone collected approx. Rs 29,200 crore in GST compensation cess from coal.
Athirappilly hydroelectric project?
in Kerala
The project will have an installed capacity of 163 mw.
Under the project, a dam is proposed to be constructed on the Chalakudy River.
The Chalakudy River is a tributary of the Periyar River and originates in the Anamalai region of Tamil Nadu.
shelved several times in the past due to protests by green activists; recently green lighted again by kerala govt
National Infrastr Pipeline?
PM in his Independence Day speech 2019 had highlighted that ₹100 lakh crore would be invested on infrastructure over the next 5 years. NIP was announced in Budget 2019
NIP has outlined plans to invest more than ₹102 lakh crore on infrastructure projects by 2024-25, with the Centre, States and the private sector to share the capital expenditure in a 39:39:22 formula.
- It will improve project preparation, attract investments (both domestic & foreign) into infrastructure, and will be crucial for attaining the target of becoming a $5 trillion economy by FY 2025.
- NIP includes economic and social infrastructure projects.
- During the fiscals 2020 to 2025, sectors such as Energy (24%), Roads (19%), Urban (16%), and Railways (13%) amount to around 70% of the projected capital expenditure in infrastructure in India.
National infrastructure Pipieline (NIP)?
challenges?
1) NIP , worth 102Lcr (fiscals 2020 to 2025), will be implemented in the next five years as part of the govt’s spending push on infra
2) Need: To achieve the GDP of $5 trillion by 2024-25, India needs to spend about $1.4 trillion (Rs. 100 lakh crore) over these years on infrastructure. To achieve this objective, a Task Force was constituted to draw up the National Infrastructure Pipeline (NIP) for each of the years from FY 2019-20 to FY 2024-25
3) In the past decade (FY 2008-17), India invested about $1.1 trillion on infrastructure
4) During the fiscals 2020 to 2025, sectors such as Energy (24%), Roads (19%), Urban (16%), and Railways (13%) amount to around 70% of the projected capital expenditure in infrastructure in India.
5) Central, state and pvt sector contri: 39,39 and 22%; pvt sector’s share is expected to increase to 30% by 2025.
6) reforms: strengthening municipal bond mkt, aggressive assts sales and regulatory mechanism to levy user charges; effective dispute resolution, contract enforcement also
7) Each Ministry/ Department would be responsible for the monitoringof projects so as to ensure their timely and within-cost implementation.
CHALLENGES
1) However, in last 5 yrs, its been 50Lcr and thus we need to 2X this in 5 yrs. How? esp in these times?
2) 78% by govt. what abt FD targets? possible solutions can be rationalising subsidies and aggressive asset monetisation
3) 22% frm an over-leveraged corp sector that seems hesitant to invest?
4) 24% inv to be in energy.However, already existing plants are operating well below their peak
5) of the total projects, 31% are still at conceptual stage and 8% are unclassified;thus ~40% projects are unclear.
National INfrastr Pipeline: recommendations by Task Force?
task force headed by Atanu Chakraborty
- Investment needed: ₹111 lakh crore over the next five years (2020-2025)
- Energy, roads, railways and urban projects are estimated to account for the bulk of projects (around 70%).
- The centre (39 percent) and state (40 percent) are expected to have an almost equal sharein implementing the projects, while the private sector has 21 percent share.
- Aggressive push towards asset sales.
- Monetisation of infrastructure assets.
- Setting up of development finance institutions.
- Strengthening the municipal bond market.
What did Karl Marx said about Indian railways?
“The railway system will therefore become, in India, truly the forerunner of modern industry”
Indian Railways Board reform? challenges?
1) Cabinet approved the reform of the railway board
2) Under the new approved structure, the Railway Board will now consist of 4 members and a chairperson (for Infrastructure, Rolling Stock and Traction, Finance, Operations and Business Development), a reduction from the present number of 8. Chairman will act as CEO.
3) also approved the merging of railway cadres, which will now be called Indian Railway Management Service (IRMS). All eight Group A services of Indian Railways will now be merged into the central service called IRMS, IRMS to be prospective and not retrospective.
4) End of departmentalisation: Railway Board no longer organised on departmental lines; to be replaced with leaner structure organised on functional lines
5) The new officers will be from engineering and non-engineering disciplines and they will be posted as per their aptitude and specialisation
6) banning of ‘work-charged posts’, a tool to keep increasing no. of promotional posts, supposed to be temporary, bt regularised in practice.
challenges
1) opposed by Civil services officers as they feel that when it will come to promotion to posts like DRMs, GMs, if all the present cadres are merged , then engineers being in larger no. and of a certain age profile may end up occupying most, if not all, the posts.
2) The move, many say, emerges frm simplistic belief that while nontechnical specialists cannot do technical jobs, technocrats can do both.
3) Functionally, deptts will will continue to exist through various technical and non-technical specialisations, so merging them may not end departmentalisation per se.
reforms in Indina railways vis-a-vis Debroy committee suggestions?
Challenges still remaining?
Key ingredients of the committee’s suggestions and their follow up are as follows:
1) allow pvt entry, including running of pvt trains: tejas express, India’s first private train, operated by IRCTC, started ops. aim is to eventually invite private operators to run trains on as many as 150 routes
2) change the composition of railway board: 8->4
3) decentralise decision making to zones/divisions and even further below: done
4) separation of core and non-core functions: implemented at zonal level
5) set up a regulator: PENDING
6) unify various railway services into two distinct services-technical and logistics: recent creation of IRMS
7) transit to commercial accounting: completed at zonal level
8) unite railway budget and Union budget: Done. departmentalistion is worse than it was in 1950s. Some times as many a s17 different contracts are awarded for the cleaning services on same railway station. Too many, silos, not talkingto each other.
Mig-27: context? features and about?
- > IAF recently retired its Mig-27 fleet.
1) swing wing type: sweep of their wings changeable, providing flexibility and stability at low altitudes
2) Russian origin; inducted in 1984-85; mid-life upgrade in 2006; most accurate weapons delivery platform of IAF
3) primarily a ground attack aircraft; capable of successfully performing both ‘battle air strikes’ and ‘Battle Air Interdiction’- missing in earlier Mig-21, that was basically an interceptor type aircraft
4) Issues: additional hardware and a powerful single engine led to few failures and crashes or groundings
5) took part in Operation safed sagar in Kargil- air support to ground troops
6) AKA Bahadur aircraft
7) Note that though Mig-27 was inducted later than Mig-21, it has retired earlier and Mig-21 will retire in 5 yrs later
8) AF is nw working with 28 fighter squadrons against the sanctioned strength of 42. The retiring MiGs and legacy aircrafts like ‘Jaguar’ will be replaced by two more Sukhoi squadrons, two Rafale squadrons and various versions of LCA Tejas
BHaratNet Project?
- BharatNet Project was originally launched in 2011 as the National Optical Fibre Network(NOFN) and renamed as Bharat-Net in 2015.
- It seeks to provide connectivity to 2.5 lakh Gram Panchayats (GPs) through optical fibre.
- It is a flagship mission implemented by Bharat Broadband Network Ltd. (BBNL).
- The objective is to facilitate the delivery of e-governance, e-health, e-education, e-banking, Internet and other services to rural India.
- The project is a Centre-State collaborative project, with the States contributing free Rights of Way for establishing the Optical Fibre Network.
The entire project is being funded by Universal service Obligation Fund (USOF)
- The larger vision of the project is:
- To establish a highly scalable network infrastructure accessible on a non-discriminatory basis.
- To provide on demand, affordable broadband connectivity of 2 Mbps to 20 Mbps for all households and on demand capacity to all institutions.
- To realise the vision of Digital India, in partnership with States and the private sector.
Bharatnet progress?
- aim to connect all GPs and villages via BharatNet by March 2019, under 2 phases.
- Phase one: initial target was 1L; later target raised to 1.3L GPs- inordinate delay in achieving the targets
- Phase two: target of providing last mile connectivity to 1.5 L GPs
- Under pHase two, only abt 7.45% of target has been made service ready so far
- Overall, a sof Jan 2020, only abt 1.33L GPs had been made service ready on both fibre an dsatellite against the target of 2.5L GPs
- interstate variations: AndhraP, JH, MH and Odisha are the worst performers- no. of service ready GPs has not even touched 1% in these states- despite pvt agencies implementing the project. IN states where, BSNL is the implementing agency, the delay is worse
- reasons: lack of approved detailed project report; non-existent project implementing agencies and non-availability of funds
HSN code?
HS Code refers to ‘Harmonised System code’
- It is a six-digit identification code. Of the six digits, the first two denote the HS Chapter, the next two give the HS heading, and the last two give the HS subheading.
- Developed by the World Customs Organization (WCO).
- Called the “universal economic language” for goods.
- It is a multipurpose international product nomenclature.
- The system currently comprises of around 5,000 commodity groups.
- The system helps in harmonising of customs and trade procedures, thus reducing costs in international trade.
HSN Code:
- HS code is called HSN in INdia. Goods are classified into Harmonized System of Nomenclature or HSN. It is used up to 8 digit level.
- HSN classification is widely used for taxation purposes by helping to identify the rate of tax applicable to a specific product in a country that is under review. It can also be used in calculations that involve claiming benefits.
- HS code are used by Customs authorities, statistical agencies, and other government regulatory bodies, to monitor and control the import and export of commodities
Z-Morh tunnel?
in J&K
6.5 km long
Border Road Organization (BRO) was the previous implementation agency of the project. The project was however transferred to IL&FS in 2016. APCO will now complete the balance work.
Dedicated Freight Corridor Corporation of India (DFCCIL): comes under?
DFCCIL is a corporation run by the Ministry of Railways
K-4?
are Submarine launched ballistic missile
range: 3500 km
India’s coal production: stats?
FDI?
govt also allowed 100% FDI through automatic route in commercial coal production.
- India. one of the largest coal producres in world; o/p of >720MT in 2018-19.
- Hwever, import shipments hv surged in recent yrs frm >190 MT in 2016-17 to 235MT in 2018-19. This has added pressure on CAD
- It will also encourge pvt players to participate in auctions to be held to reallocate the captive coal blocks that were cancelled by SC in 2014. production frm captive coal blocks has fallen frm >40MT in 2015 to 25MT in 2019
- These moves will also facilitate entry of major global mining players such as Rio Tinto ad BHP Billiton,bringing in latest tech, increasing productivity of coal production