Lok Sabha Current Affairs - 2019
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Lok Sabha Speaker Sumitra Mahajan has renominated Prof. Kuruppassery Varkey Thomas as Chairman of Public Accounts Committee (PAC) for a second term of one year.
For the first term, Thomas was nominated in August 2014. He is the senior Congress Parliamentarian from Ernakulum Constituency, Kerala.
About Public Accounts Commission (PAC)
- PAC is one of the most important finance committees in the Parliament along with the Committee on Estimates and the Committee on Public Undertakings.
- It is constituted every year and consists of 22 members – 15 from Lok Sabha and 7 from Rajya Sabha.
- The members from Lok Sabha are elected from amongst its members according to the principle of proportional representation by means of single transferable vote. Members from Rajya Sabha elected by that House in like manner are associated with the Committee.
- Speaker usually appoints the Chairman of the PAC. It should be noted that a minister cannot be elected to as member of Committee.
- It should be noted that since 1967, Chairman of PAC is senior member of the main Opposition party.
- Function of PAC: The key function of PAC is to examine annual audit reports of Comptroller and Auditor General (CAG) after they are tabled in Parliament by President.
Prior to KV Thomas, senor BJP leader Murli Manohar Joshi was chairman of PAC for four consecutive years during 15th Lok Sabha (2009-2014).
Note- CAG usually submits 3 audit reports. They are audit report on appropriation accounts, audit report on finance account and audit report on public undertakings.
For additional information about PAC- Click here
To enhance cooperation in the renewable energy sector, Union Ministry of New and Renewable Energy has signed memorandum of understanding (MoU) with 12 countries in past 3 years.
It was announced by Union Minister of Power, Coal and Renewable Energy Piyush Goyal in a written reply to the Lok Sabha.
In addition to these 12 MoUs, a letter of intend and joint declaration of intend were also signed with Egypt and Germany for this sector.
Statistics of India’s Renewable energy sector
- In year 2014-15, the power generation from renewable energy sources was 61,780.55 million units (MUs) compared to 53,058.76 MUs in 2013-14 and 47,613.06 MUs in 2012-13.
- In year 2014-14, power produced from various renewable energy source include 4,598.34 MUs from solar, 33,768.21 MUs from wind, 3,159.84 from biomass, 7,959.55 from small hydel projects and 11,880.75 MUs from bagasse.
India has potential of producing 8,96,602 MW from renewable energy from various sources. Of this total potential 7,48,990 MW from solar and 1,02,772 MW from wind can be produced. While, 19,749 MW from small hydro, 5,000 MW from bagase cogeneration, 17,536 MW from biomass, and 2,554 MW from waste to energy can be produced.