Kuwait Current Affairs - 2019
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India is now the second largest consumer and importer of the LPG in the world. This is attributed to government initiatives to push for cleaner alternatives to traditional cooking fuels such as firewood and cow dung.
Import of LPG
The import of LPG grew by 12.5 per cent over the past five years to 12 million metric tons (13 million tons) in 2018-19. India now stands at the second position when it comes to the import of LPG surpassing Japan. India is at second place behind China. The exporters of LPG to India include Saudi Arabia, Qatar, the United Arab Emirates, Kuwait and Iran.
Consumption of LPG
The number of active LPG consumers in India has grown at a compounded annual growth rate (CAGR) of 15 per cent – from 14.8 crore in 2014-15 to 22.4 crore in 2017-18.
Increase in population combined with LPG penetration in rural areas has resulted in an average growth of 8.4 per cent in LPG consumption, making India the second largest consumer of LPG in the world at 22.5 million tonnes.
The Ministry of Petroleum and Natural Gas estimates that LPG consumption would grow to 30.3 million tonnes by 2025 and 40.6 million tonnes by 2040.
The flagship scheme of the government Pradhan Mantri Ujjwala Yojana (PMUY) has made a significant contribution towards enhancing the penetration of LPG, especially in rural areas. The renewed targets under the Pradhan Mantri Ujjwala Yojana (PMUY) aims to provide LPG connections to 8 crore households before March 31, 2020.
The Union Cabinet headed by Prime Minister Narendra Modi has approved the signing of Memorandum of Understanding (MoU) between India and Kuwait for cooperation on the recruitment of domestic workers.
Features of the MoU
The important aspects of the MoU are:
- The MoU will provide a structured framework for cooperation on domestic workers related matters.
- It provides for strengthened safeguards for Indian domestic workers including female workers deployed in Kuwait.
- Initially valid for five years, it has a provision for automatic renewal.
- The MoU also proposes setting up of a joint committee will also be set up to follow up the implementation.
The MoU will benefit around 3 lakh Indian workers deployed in Kuwait, including about 90,000 female domestic workers and promotes bilateral cooperation in domestic workers-related matters between the two countries.