18 Sep 2022: PIB Summary for UPSC

TABLE OF CONTENTS

1. Global Clean Energy Action Forum
2. Japan- India Maritime Exercise 2022
3. Direct tax collections for the Financial Year 2022-23

1. Global Clean Energy Action Forum

Syllabus: GS-3, Conservation, Environmental Pollution and Degradation

Prelims: Global clean energy action forum; Clean energy ministerial and Mission Innovation

Context:

• Union Minister Dr Jitendra Singh’s visit to the U.S. to take part in the Global Clean Energy Action Forum, Clean Energy Ministerial (CEM13) and Mission Innovation (MI-7).

Details:

• The Global Clean Energy Action Forum meeting will bring together clean energy leaders from around the world, including CEOs, innovators, young professionals, civil society and Ministers from over 30 countries to accelerate clean energy innovation and deployment.
• The Clean Energy Ministerial (CEM) is a high-level global forum to promote policies and programmes that advance clean energy technology, to share lessons learned and best practices, and to encourage the transition to a global clean energy economy. The CEM brings together a community of the world’s largest and leading countries, companies and international experts to achieve one mission –accelerate clean energy transitions.
• Mission Innovation is a global initiative catalysing a decade of action and investment in research, development and demonstration to make clean energy affordable, attractive and accessible for all. This will accelerate progress towards the Paris Agreement goals and pathways to net zero.

India’s efforts in the realm of clean energy:

• 90 million households in India are getting access to clean cooking fuel under Ujjwala Yojana.
• Under the PM-KUSUM scheme farmers are being encouraged to set up solar panels, use it and sell surplus power to the grid. This will provide an impetus to renewable energy production and use in India.
• India has committed to a low-carbon future by accelerating clean energy innovations. India is actively pursuing clean energy R&D initiatives and has undertaken significant efforts in the fields of Bio-Refineries, biofuels and Waste to Energy technologies, Sustainable Aviation Fuels, building energy efficient smart grids, among others.
• India is a founding and active member of both Clean Energy Ministerial and Mission Innovation.

India’s climate action goals:

• India would reach 500 GW Non-fossil energy capacity by 2030 with 50% of energy requirements being met through renewable energy sources.
• India will reduce carbon intensity of its economy by 45% over 2005 levels.
• India will reach net zero emissions by 2070.

2. Defence and Internal Security

Syllabus: GS-3, Military exercises of India

Prelims: JIMEX

Mains: India- Japan defence co-operation

Context:

• The 2022 edition of the Japan India Maritime Exercise, JIMEX  has concluded.

Details:

• This edition of the JIMEX was hosted by the Indian Navy and was held in the Bay of Bengal
• Under the JIMEX 22 framework, the two navies engaged in advanced level anti-submarine warfare, weapon firings and Air Defence exercises. 

Additional information:

• India and Japan have an agreement on Reciprocal Provision for Supply and Services (RPSS). 
• This agreement establishes the enabling framework for closer cooperation between the Armed Forces of India and Japan in reciprocal provision of supplies and services while engaged in bilateral training activities, United Nations Peacekeeping Operations, Humanitarian International Relief and other mutually agreed activities.
• The agreement will also enhance the interoperability between the Armed Force of India and Japan thereby further increasing the bilateral defence engagements under the Special Strategic & Global Partnership between the two countries.

3. Direct tax collections for the Financial Year 2022-23

Syllabus: GS-3, Government Budgeting.

Prelims: Trends in Indian economy

Details:

• The gross direct tax collections for the Financial Year (FY) 2022-23 have registered a growth of 30%, while the net direct tax collections for the FY 2022-23 have grown by 23%.
• Direct taxes include Corporation Tax, Personal Income Tax, Securities Transaction Tax among others.

Contributing factors:

• Revival of economic activity post pandemic phase
• Simplification and streamlining of processes by the government in the realm of taxation
• Plugging of tax leakage through effective use of technology.

Read previous PIB here.

September 18th, 2022, PIB:- Download PDF Here