Niti Aayog Current Affairs - 2019

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Guidelines for Monetisation of Non-Core Assets of CPSEs

The Department of Investment and Public Asset Management (DIPAM) has issued the guidelines for monetisation of non-core assets of Central Public Sector Enterprises (CPSEs) and immovable enemy properties.

Guidelines for Monetisation of Non-Core Assets

  • An inter-ministerial group chaired by the secretary of DIPAM will identify the non-core assets of the CPSEs on its own and also on the basis of recommendations of the Niti Aayog.
  • The final call will be taken by the Finance minister-headed panel.
  • Once the panel approves the assets for monetisation, it should be completed within 12 months from the date of approval, failing which the finance ministry may restrict budgetary allocations to the CPSEs.
  • CPSEs can also seek relaxation from the inter-ministerial group of the 12-month deadline for sale of non-core assets.
  • In case of immovable enemy properties, the guidelines said that the assets would be identified for disposal in consultation with the stakeholders including the respective state governments.

The amount raised through the sale of non-core assets would form part of the disinvestment proceeds. The government has set a target of Rs 90,000 crore to be raised through CPSE disinvestment in the current financial year.

Month: Categories: Business, Economy & BankingUPSC

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Central Monitoring Committee to Prepare National Plan for Polluted Rivers

The National Green Tribunal (NGT) has formed a Central Monitoring Committee to prepare and enforce a national plan to make over 350 river stretches pollution free across the country. River pollution has caused a serious threat to the safety of water and environment.

Order of NGT

  • The committee would comprise representatives of NITI Aayog; secretaries of Ministry of Water Resources, Ministry of Urban Development and Ministry of Environment; the director general of National Mission for Clean Ganga and the Central Pollution Control Board chairman.
  • The Committee will also coordinate with the River Rejuvenation Committees of the states and oversee the execution of the action plans, taking into account the timelines, budgetary mechanism and other factors.
  • Chief Secretaries of states would be the nodal agency at the state level.
  • NGT directed the Ministry of Environment to consider a policy for giving environmental awards to outstanding persons (natural and juristic) and institutions or states and introducing “dis-incentives” for non-compliant states.
  • The Central Monitoring Committee may consider identifying experts, best practices and models for use of treated water, including plan to supply untreated sewage for a price or otherwise so that the concerned needy party can treat and utilise such water as is reportedly being done at Surat in Gujarat, Nagpur in Maharashtra and Bhilwada in Rajasthan or any other place.
  • Use of polluted water in irrigation is a threat to the health of human beings apart from the aquatic flora and fauna. Hence it is necessary to have a regular hygienic survey of the rivers particularly with reference to pathogenic organisms having an impact on human health directly or indirectly and It is necessary to note that biological health of the rivers is an important aspect.
  • There has to be a regular study of the Indian rivers with regard to biological health and its diversity.

The NGT has issued the order after taking note of the article “More river stretches are now critically polluted: CPCB” in the Hindu.

Month: Categories: EnvironmentUPSC

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