Morning Current Affairs: 13 December 2017

Dec 13, 2017 08:58 IST
Morning Current Affairs: 13 December 2017

27th National Energy Conservation Day to be celebrated on 14 December 2017
President Ram Nath Kovind will preside as the Chief Guest over the National Energy Conservation Day celebrations which will be held in New Delhi on 14 December 2017. He will give away National Energy Conservation Awards to industries that have demonstrated measurable reductions in their energy use as part of the National Energy Conservation Awards Programme.

The National Energy Conservation Day is organized every year on 14 December by Bureau of Energy Efficiency (BEE) under Ministry of Power with an aim to demonstrate India’s achievements in energy efficiency and conservation.

BEE recognizes and encourages efforts of industries in reducing energy consumption by felicitating them with National Energy Conservation Awards. BEE also awards prizes to the national winners of the annual National Painting Competition on Energy Conservation.

World Economic Situation and Prospects 2018 report released
The World Economic Situation and Prospects 2018 report was released on 11 December 2017 by the United Nations. The report demonstrates that current macroeconomic conditions offer policy-makers greater scope to address some of the deep-rooted issues that continue to hamper progress towards the Sustainable Development Goals.

As per the report, Indian economy is likely to grow by 7.2 per cent in 2018 and by 7.4 per cent in 2019 following its strong private consumption, public investment and the ongoing structural reforms.

The report has projected India with a positive outlook despite the slowdown in 2017 and the lasting effects of demonetisation.

Jammu and Kashmir Government launches Saubhagya scheme
The Jammu and Kashmir Government on 12 December 2017 launched Saubhagya (Sahaj Bijli Har Ghar Yojna) with an aim to provide free electricity connections to poor people in the State. The State’s Deputy CM Nirmal Singh launched the scheme.

Saubhagya, an initiative launched by Prime Minister Narendra Modi, aims to provide electricity to 4 crore families across the country by December 2018.

The electric connections will be given to poor people, identified by the Socio Economic and Caste Census of 2011 for Rs 500, payable in 10 instalments in the bill. The scheme also promises on-the-spot registration of applicants.

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