Current Affairs – March 2017

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CCEA approves development of 50 un-served and under-served air strips

The Cabinet Committee on Economic Affairs (CCEA) has approved proposal for revival of 50 under-served/un-served airports or airstrips of the State Governments, Airports Authority of India (AAI) and Civil enclaves.

The announcement for making adequate provisions for revival of under-served/un-served airports was made by the Union Finance Minister in Union Budget 2016-17. 

Key Facts
  • The total cost of the revival project is estimated to be Rs. 4500 crore and will be undertaken in three financial years starting from 2017-18.
  • 15 airports/airstrips each would be revived during 2017-18 and 2018-19 each. During 2019-20, 20 airports/airstrips will be revived. The airports will be developed without insisting on financial viability.
  • The Revival of airports will be ‘demand driven’, depending upon firm commitment from airline operators as well as from the State Governments for providing various concessions as Airports.
  • It will help in connecting small cities/towns on commencement of operation of flights to under-served and un-served airports.
  • It will further boost the economic development in these areas as well as surrounding areas in terms of job creation and related infrastructure development.

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Union Cabinet approves MoU between India and UAE in field of Energy Efficiency Services

The Union Cabinet has approved the Memorandum of Understanding (MoU) between India and United Arab Emirates (UAE) to provide various services in the field of energy management and conservation.

The MoU was signed between the National Productivity Council (NPC), an autonomous body under the Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce and Al Etihad Energy Services UAE.

Key Facts
  • Under the MoU, the NPC will provide the following services: (i) Energy Assessment Services (ii) Training & Certification of Energy Auditors (iii) Demand Side Management.
  • Meanwhile, Al Etihad ES will provide (i) Customer Support with UAE Government and Private owned organizations in the UAE (ii) Local support for Field Auditing Professionals (iii) local support for Training & Certification of Energy Auditors (iv) Support related to Demand Side Management of industries.
  • The MoU will enable NPC avail high value opportunities such as energy building and develop institutional mechanism in area of energy efficiency in Dubai and other GCC member countries.
  • It will provide recognition and exposure to further build NPC’s capacities and competencies in rapidly changing international business scenario.
  • The MoU will be precedent for NPC’s engagements with other International collaboration partners and will enhance its visibility in arena.

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