8.12.22 CGPSC Daily Current Affairs

CHHATTISGARH
Chhattisgarh ranked second in environmental protection
Chhattisgarh was on Saturday placed in the second position in a survey on best performing states on environmental protection. It took the top spot in the Most Improved State Category among big states.
The national survey on environment protection by a  national media group is based on various parameters including forest cover.
The survey pointed out that the state has set an excellent example by carrying out various corrective measures and works.
It said the production of coal, iron ore and dolomite in the state has led to a proliferation of mineral-based industries which increased pollution.
The government took the challenges in a positive manner. In the last four years, 18 new Ambient Air Quality Centres have been set up. The SO2 concentration has dropped from 26.02 in 2016 to 16.34 in 2020. Similarly, concentration of NO2 has decreased from 24.11 to 19.88. The government has set up 27 stations to monitor the water quality of seven major rivers. Chhattisgarh has made it mandatory to plant trees in 30     percent of the industrial area for environment promotion. Between 2015 and 2019, forest cover increased from 41.12 percent to 41.14 percent and tree cover increased from 2.6 percent to 3.1 percent.
INTERNATIONAL
 
Twitter CEO Elon Musk Becomes First Person Ever to Lose $200 Billion
 
Tesla and Twitter CEO Elon Musk became the first person to lose $200 billion from his net worth. Elon Musk has seen a drop of up to $137 billion in his wealth after a recent drop in Tesla Shares. The shares of his electric car company are down nearly 65 percent. Elon Musk became the richest person in the world for the first time in January 2021 with a net worth of more than $185 billion.
However, he was replaced by Bernard Arnault, the chief executive of luxury brand Louis Vuitton’s parent company LVMH as the world’s richest man.
 
 
NATIONAL
 
 
Food Processing Industry Invests Nearly Rs 4,900 Crore Under PLI Scheme
 
The government said that the food processing industry has invested Rs 4,900 crore so far underthe production-linked incentive (PLI) scheme. The PLI scheme for the food processing industry was approved in March 2021, with a budget outlay of Rs 10,900 crore. It will be implementedfor seven years, until 2026-27.
A total of 182 applications have been approved under the PLI scheme for the food processingindustry. This includes 30 applications for millets-based products under the PLI scheme (8 largeentities and 22 SMEs). Incentives amounting to Rs 800 crore are likely to be disbursed in thecurrent financial year. Sales-based incentive of Rs 107.3 crore has been disbursed so far.
 
 
Government to launch the Digital India Innovation Fund for Catalyzing deep tech start-ups
 
The Minister of State for Electronics & Information Technology and Skill Development & Entrepreneurship, Shri Rajeev Chandrasekhar today said that the Government of India is going to launch a Digital India Innovation Fund that will support Deeptech Startups.
The Minister made these remarks during his address to over 1000 college students as part of the New India for Young India: Techade of Opportunities program at the Catholic Bishop House Campus, Thamarassery, Kerala.
Villages electrified under Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY)
Government of India launched the Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY) in December, 2014 for rural electrification works across the country.
Under DDUGJY and thereafter under Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya), the electrification of all villages and all willing Households was completed by 31st March, 2019 as reported by all State Governments.
A total of 2.86 crore Households were electrified under the aegis of Saubhagya including additional households in two tranches that were unwilling for electrification earlier but became willing later.   The Revamped Distribution Sector Scheme (RDSS) has provisions for providing assistance for giving connectivity to any habitation/household which may have been left out, provided that the said house/habitation was in existence when DDUGJY/Saubhagya were sanctioned.
Scope for New and Renewable Energy
 
In line with the Prime Minister’s announcement at COP26, Ministry of New and Renewable Energy is working towards achieving 500 GW of installed electricity capacity from non-fossil sources by 2030, and achieving Net Zero by 2070.
A total of 172.72 GW capacity from non-fossil fuel based energy resources has been installed in the country as on 31.10.2022. This includes 119.09 GW Renewable Energy, 46.85 GW Large Hydro and 6.78 GW Nuclear Power capacity. This constitutes a share of 42.26% of total installed generation capacity in the country i.e. 408.71 GW as on 31.10.2022.
Further, Central Electricity Authority (CEA) has carried out generation expansion studies with the projected All India peak electricity demand and electrical energy requirement of 325 GW and 2256 BU respectively for the year 2029-30 (as per the draft 20th EPS projections). Study reveals that the share of RE based installed capacity (including Large Hydro) in the capacity mix is likely to increase to around 480 GW by 2029-30. The share of RE (including Large Hydro) in the generation mix of the country, which stands at around 22% as of March, 2022 is likely to increase to around 41% by 2029-30.