1. Power Ministry launches the ambitious program on energy efficiency in Chillers.
- The Chiller Star Labelling Program has been formulated by Bureau of Energy Efficiency (BEE).
- The program envisages providing star rating in terms of its energy performance.
- Initially, the program is launched on the voluntary basis and will be valid upto 31st December 2020.
- Chillers are used extensively for space conditioning of buildings and for industrial process cooling applications.
- Chillers, being energy intensive system, contribute more than 40 percent of the total energy consumption in commercial buildings.
- Then 500 million units of electricity would be saved in 2019 along with Green House Gases (GHG) reduction of 0.5 million-ton equivalent of CO2. It is also anticipated to save more than 4 Billion units of electricity in the year 2030 with a CO2 emission reduction of 3.5 million ton through this program.
The Bureau of Energy Efficiency
- BEE is under the Ministry of Power.
- Formed on 1st March 2002.
- Constituted by Energy Conservation Act, 2001.
2. EAM Sushma Swaraj to co-chair the 23rd meeting of IRIGC-TEC with Russian Dy PM in Moscow.
Inter-Governmental Commission on Technical and Economic Cooperation (IRIGC-TEC)
- IRIGC-TEC is a standing body.
- It meets annually.
- It does activities of bilateral cooperation in the fields of bilateral trade and investment, science and technology, culture and other issues of mutual interest.
3. National AIDS Control Organization (NACO) releases HIV Estimations 2017
The HIV Estimations 2017 is the 14th round in the series of HIV Estimations under National AIDS Control Programme (NACP).
- Overall, the impact of the programme has been significant with more than 80% decline in estimated new infection from the peak of the epidemic in 1995.
- As per UNAIDS 2018 report, the global average for the decline in new infections and AIDS-related deaths from peak has been 47% and 51% respectively.
- As per the report, in 2017, India had around 21.40 lakh people living with HIV (PLHIV) with the adult prevalence of 0.22%.
- Around 87.58 thousand new HIV infections and 69.11 thousand AIDS-related deaths happened in 2017 while around 22,675 mothers needed Antiretroviral Therapy (ART) for prevention of mother to child transmission of HIV.
The National AIDS Control Organisation (NACO):
- NACO established in 1992.
- Under the Ministry of Health and Family Welfare.
- It is the nodal organization for the formulation of policy and implementation of programs for prevention and control of HIV/AIDS in India.
- NACO undertakes HIV estimations biennially.
- In collaboration with the Indian Council of Medical Research (ICMR) – National Institute of Medical Statistics (NIMS).
- The first round of HIV estimation in India was done in 1998.
- While the last round was done in 2015.
4. Government moves to stabilize the rupee
Key measures to be taken into consideration:
- FPIs’ investment in a single corporate entity cannot exceed 20% of its corporate bond portfolio will be reviewed.
- The condition that FPIs cannot invest more than 50% of an issue of corporate bonds.
- The government has exempted all masala bonds issues until March 31, 2019, from withholding tax.
- It has also said it will remove restrictions on Indian banks on market-making for such bonds and on underwriting them.
- The government will also review the mandatory hedging condition for infrastructure loans borrowed under the external commercial borrowing (ECB) route.
- Manufacturing companies borrowing up to $50 million through ECBs will be able to do so only for a one-year term as against the three-year term allowed earlier.
- Masala bonds are rupee-denominated instruments issued abroad by Indian borrowers.
- The advantage of these bonds is that any depreciation in the rupee will not affect the borrower.
- Presently there is no compulsion on borrowers to hedge infrastructure loans.
Source- The Hindu
5. Super Typhoon ‘Mangkhut’
It is blasting the northern coast of the Philippines with strong winds and heavy rain.
- The world’s strongest tropical storm.
- It is a Type 5 storm.
- It has winds of 200km/h (125 mph) and gusts reaching up to 330km/h.
Source- The Hindu
6. The Great Indian Bustard’s last sigh
- The Great Indian Bustard or Indian bustard is a bustard found on the Indian subcontinent.
- A large bird with a horizontal body and long bare legs, giving it an ostrich-like appearance.
- The bird is among the heaviest of the flying birds.
- The bird is found in Rajasthan, Karnataka, Maharashtra, Madhya Pradesh and Gujarat states of India.
- It is protected under Wildlife Protection Act 1972 of India.
- Critically Endangered under IUCN.
7. Rajasthan’s forest minister inaugurates state’s first lion safari
Rajasthan’s first lion safari was inaugurated at Nahargarh Biological Park.
Nahargarh Biological Park
- It is in the vicinity of Nahargarh Fort.
- The park is located on the Delhi-Jaipur National Highway, nearly 12 kilometers from Jaipur.
- Located in the Aravalli foothills, it offers a panoramic view of the landscape.
Source- Business Standard
8. Dairy Processing & Infrastructure Development Fund.
Dairy Processing & Infrastructure Development Fund.
- The Department of Animal Husbandry, Dairying, and Fisheries (DADF).
- It will be implemented from 2017-18 to 2028-29.
- In addition to this, many skilled, semi-skilled and unskilled workers will get employment, directly and indirectly.
The National Dairy Development Board
- The National Dairy Development Board is an institution of national importance set up by an Act of Parliament of India.
- The main office is in Anand, Gujarat with regional offices throughout the country.
- Formed on 16th July 1965.