CCEA Current Affairs - 2019

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CCEA approves 75 new Government Medical Colleges by 2021-22

Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved establishment of 75 additional Government Medical Colleges by 2021-22. These colleges will be attached with existing district/referral hospitals under Phase-III of the ongoing Centrally Sponsored scheme. These wew medical colleges will be set up in under-served areas having no medical college with at least 200 bedded District Hospital. Moreover, preference will be given to aspirational districts and district hospital having 300 beds.

Benefits of establishment of new Medical Colleges

It will lead to increase in availability of qualified health professionals, improve tertiary care in public health sector by utilizing existing infrastructure of districts hospitals and promote affordable medical education in the country. It will lead to addition of at least 15,700 MBBS seats in the country.

Background

Government as part of ‘AyushmanBharat’ has announced two path breaking initiatives that address health holistically, impacting primary, secondary andtertiary care system as well as prevention and health promotion. Under scheme aimed at continuing  focus  on  creation   of  health care  infrastructure, Government  earlier had approved  establishment of  58  new Medical  Colleges attached with existing district/referral hospitals (under Phase-I) and 24 (under Phase-II).Of this, 39 medical colleges under first phase have already started functioning, while remaining 19 will be made functional by 2020-21. Under second phase of the scheme, 18 new medical colleges were approved.

NHPC to acquire Lanco Teesta Hydro Power Ltd (LTHPL)

The Cabinet Committee on Economic Affairs (CCEA) has approved the acquisition of debt-laden Lanco’s 500 MW Teesta hydro-electric power project in Sikkim by state-owned NHPC.

Taking over of Lanco Teesta Hydro Power Ltd

  • NHPC will take over debt-laden Lanco’s 500 MW Teesta hydro-electric power project for Rs 907 crore in Sikkim.
  • CCEA has sanctioned the funds for the acquisition and execution of balance work of the Teesta Stage-Vl Hydro Electric Project by the NHPC Ltd.
  • The total cost of the project would be Rs 5,748.04 crore (at July 2018 price level), which includes a bid amount of Rs 907 crore for acquisition and estimated cost of balance work of Rs 3,863.95 crore, which includes Interest During Construction (IDC) and Foreign Component (FC) of Rs 977.09 crore

Teesta Stage-Vl Hydro Electric Project

  • Teesta Stage-Vl Hydro Electric Project is a Run of River (RoR) project in Sirwani Village of Sikkim to utilize the power potential of Teesta River Basin in a cascade manner.
  • The project involves the construction of a 26.5-metre high barrage across river Teesta.
  • The estimated power generation is 2,400 million units of electricity in a 90 per cent dependable year with an installed capacity of 500 MW (4x125MW).

NHPC

NHPC Limited, formerly known as National Hydroelectric Power Corp. was incorporated as Central Govt. Enterprise for development of Hydro Power in Central Sector on 7th November 1975. Over the years NHPC has evolved as the largest central utility for hydropower development in India. NHPC is mandated to plan, promote and organize an integrated and efficient development of power in all aspects through Conventional and Non Conventional Sources in India and abroad.

NHPC which is a premier organization in the country for the development of hydropower has an authorised capital of about Rs.15,000 crores and has a Miniratna status.