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1/4/2016 Current Affairs – December 2015 | Monthly Current Affairs | Current Affairs Today
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Current Affairs – December 2015Union Cabinet approves Raptor MoU for conservation of migratory birdsof prey
December 31, 2015 No comments
The Union Cabinet has given its approval to sign Memoranda ofUnderstanding (MOU) on the Conservation of Migratory Birds ofPrey in Africa and Eurasia.This MoU is also called as the ‘Raptor MoU’ under theConvention on Conservation of Migratory Species (CMS). Withsigning it, India will become the 54th signatory to the MoU.
About Raptor MoUIt is an agreement under Article IV paragraph 4 of the Conservation of MigratorySpecies (CMS) and is not legally binding on signatory parties.The MoU seeks willingness of the signatory states for working for conservation of theraptor species and their habitats.
The Raptors MoU extends its coverage to 76 species of birds of prey out and an actionplan has been formulated that envisages the conservation action for Raptor species.
Of the total 76 species of birds that fall in Raptor MoU, 46 species occur in Indiaincluding vultures, falcons, eagles, owls, hawks, kites, harriers, etc.Benefits of singing ‘Raptor MoU’
Help India to gain knowledge in effectively managing the habitats of to 76 species ofbirds under ambit of it.
It is also in conformity with the provisions of Wild Life (Protection) Act, 1972 wherein
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the birds have been accorded protection in India.Concert trans-boundary efforts for conservation of migratory birds through interactionwith other signatory countries of the MoU with the CMS.
Convention on Conservation of Migratory Species (CMS)The CMS (also known as Bonn Convention) under the aegis of the United NationsEnvironment Programme (UNEP) aims to conserve migratory species throughout theirrange. India had become a party to the CMS since 1st November 1983. Pakistan andNepal are the Indian neighbours who are signatories to this MoU.Tags: Environment • Raptor MoU • Conservation Of Migratory Species
Union Cabinet gives nod for India-Australia Civil Nuclear Cooperationdeal
December 31, 2015 No comments
The Union Cabinet chaired by Prime Minister Narendra Modiapproved the India-Australia Civil Nuclear Cooperation deal thatcame into force on November 13, 2015.The deal along with the administrative arrangement forimplementing the accord will bolster India’s energy security bysupporting the expansion of nuclear power in the country.
BackgroundIndia and Australia had started talks on the Civil Nuclear Cooperation Agreement in2012 after Australia had lifted the long-standing ban on selling uranium to energy-starved India.
The cooperation agreement was signed between two countries in September 2014 tosell uranium as a nuclear fuel for peaceful power generation.India-Australia Nuclear Cooperation deal follows similar agreements signed by Indiawith the US and France after western sanctions were lifted in 2008.
Currently, India has nuclear energy agreements with 11 countries and imports uraniumfrom France, Russia, Kazakhstan and Canada (since December 2015). Australia hasabout 40 per cent of the world’s uranium reserves and annually exports nearly 7,000tonnes of nuclear fuel. It is third largest uranium producing country after Kazakhstanand Canada.Nuclear Energy in India
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Presently, nuclear energy just contributes 3 per cent of electricity generation in India.The energy starved country has less than two dozen small reactors at six sites with acapacity of 4,780 MW of its total power capacity. India is seeking to diversify itselectricity generation and is planning to increase its nuclear capacity to 63,000 MW by2032 by adding nearly 30 new reactors.CommentWith this, India became India the first country to buy Uranium from Australia withoutbeing a signatory to the Nuclear Non-proliferation Treaty (NPT). It also marks India’sstep toward achieving international acceptability for its nuclear programme despite notratifying the NPT.Tags: Cabinet Decisions • India-Australia • Nuclear Deal • Nuclear Energy
CCEA approves Amended Technology Upgradation Fund Scheme fortextile sector
December 31, 2015 No comments
The Cabinet Committee on Economic Affairs (CCEA) hasapproved introduction of Amended Technology UpgradationFund Scheme (ATUFS) for technology upgradation of the textilesindustry.Decision in this regard was taken by CCEA meeting chaired bythe Prime Minister Narendra Modi in New Delhi.
The ATUFS replaces existing Revised Restructured Technology Upgradation FundScheme (RR-TUFS) to give a boost to textile sector under Make in India campaign.ATUFS targets
Employment generation (including women) and global export by encouraging garmentand apparel industry.Promote Technical Textiles which is a sunrise sector for export and employmentcreation.Improvement in quality and productivity by promoting conversion of existing looms tobetter technology looms.
Encourage better quality in textile processing industry and keep check on import offabrics by the garment sector.
Two broad categories of ATUFSApparel, Garment and Technical Textiles sectors would be provided on capital
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investment with fifteen per cent subsidy. However, it will be subject to a ceiling of Rs.30 crore for entrepreneurs over a period of five years.Remaining sub-sectors of textile sectors would be provided subsidy at a rate of 10percent. However, it would be subject to a ceiling of Rs.20 crore.
The amended scheme would attract investment to the tune of one lakh crore rupees intextile sector and create over 30 lakh jobs. A budgetary provision of Rs.17,822 crore hasbeen approved of which Rs. 12,671 crore is for committed liabilities under the ongoingRR-TUFS scheme and Rs. 5,151 crore is for new cases under ATUFS.
About Technology Upgradation Fund SchemeTUFS was introduced by the Union Government in 1999 to facilitate new technology formaking the Indian textile industry globally competitive and to reduce the capital cost forthe textile industry. The scheme was earlier amended for continuation during the 12thFive year Plan into Revised Restructured Technology Upgradation Fund Scheme .Tags: CCEA • Government Schemes • Textile Industry
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