UPSC 2017: Comprehensive News Analysis - 22 May 2017

Key Points

• RBI Governor Urjit Patel will appear before a parliamentary panel for a second briefing on demonetisation on June 8, and not on May 25 as scheduled, as work on framing the monetary policy will be under way at that time.
• The Standing Committee on Finance, which had questioned Mr. Patel on January 18 on the move to ban notes of 500 and Rs.1,000 denominations, allowed him to appear at a later date after he made a request expressing his inability.

Key Points

• The Central government has a ‘winning’ strategy for its ailing national carrier Air India which is to turn it into a “great” global airline.

NITI Road-map

• The Center as of late requested that NITI Aayog detail a guide for Air India’s future as the legislature is rethinking its procedure on future value imbuement into the national transporter. As a feature of the turnaround arrange, the Center has mixed Rs. 24,745 crore as value into Air India, as toward the finish of 2016-17.
• He said that the Center needed to guarantee that the present obligation weight of the carrier, which is a “devastating burden” on its execution, is diminished.
• Air India’s obligation remained at Rs.50,357 crore toward the finish of 2015-16.

Key Points

• The legislature is probably not going to meet its greatly advanced focus of 175 GW of sustainable power source by 2022 because of the poor advance of the rooftop solar based program.
• The Ministry of New and Renewable Energy is additionally considering expanding the commitment of different sources like biogas and small hydro to compensate for any shortfall.
• The administration had declared an objective of 40 GW of rooftop solar oriented by 2022, however had accomplished just around 1.3 GW as of December 2016, which is somewhat more than 3% of the objective.

A few issues

• The arrangement issue is that the levy structure at this moment is with the end goal that it is recently not gainful for individuals to set up rooftop solar based. The cost of doing as such is higher than the cash they remain to make.
• The other issue is the utilization that individuals put their rooftops to.
• Most rooftops in India are level, and individuals locate a few option utilizes for these, for example, drying garments, and notwithstanding facilitating gatherings or suppers. There are parts of India where individuals even consider their rooftops. So they would prefer not to cover that entire space with solar rooftops.

Challenges

• The difficulties for rooftop solar based are distinctive. The first is that we don’t have budgetary foundations amassing request over an on a very basic level divergent arrangement of undertakings.
• The second issue was the de-gambling of interest in the housetop space. While this has been accomplished for business solar powered tasks, it has not been accomplished for rooftop solar based.
• The third issue is that there is no administrative lucidity on ensured installment by utilities on the net metering premise.

Key Points

Google is wooing a portion of the world’s most sweltering new companies to offer its distributed computing innovation.

• These incorporate endeavors that send satellites into the space to concentrate the evolving earth, firms that change over conventional assembling plants into shrewd industrial facilities and new companies that are reproducing whole urban areas.
• Google is putting forth cloud innovation that consolidates a lot of capacity and processing. It then pitches it to clients who might need to upgrade or set up new server farms.
• Planet Labs, Inc, a start-up which is set for picture the whole Earth each day, and roll out the worldwide improvement unmistakable, said that it has changed to Google Cloud to host its symbolism and do information preparing.

Practice More: Enroll for India’s Largest All-India Test Series