07-08-03-23 Daily -Goa- GPSC Current Affairs

Promising a realistic budget, chief minister Pramod Sawant on Wednesday said that the government has managed to meet the goals of the 2022-23 budget and has succeeded in meeting 90% of its expenditure targets.

The state budget for 2023-24 will focus on the ongoing efforts to makeGoa self-reliant, said Sawant. The chief minister held a review meeting and deliberations on the coming budget with various heads of departments to understand the views and requirements of various sectors.

For the first time we had a detailed budget exercise with the heads of departments and the accountants. First, we took a review of the previous budget. What we found is that in 98% we have been able to achieve the targets. You will see that the government has been able to implement 90% of the budget in the current financial year,” said Sawant after the meeting.

The chief minister has asked the department heads to identify schemes and funds that have been announced by the Centre so that the State Government can implement projects in the state using central funds. “I have set the target of availing maximum benefit out of centrally-sponsored schemes. The state will carry out schemes on priority areas like Education, healthcare, sanitation and tribal welfare,” said Sawant.

Indian Railways has set a target of becoming a net-zero carbon emitter by 2030, said Union Railways Minister Ashwini Vaishnaw in a written reply to the Lok Sabha. The Railways plans to achieve this ambitious target in two steps: A complete transition to electric trains by December 2023 and powering the trains and stations primarily through non-renewable sources by 2030.

For this, the Railways will need to create a installed capacity of 30,000 MW as solar and Wind Energy is not available round the clock and the generation varies region to region. Till August 2022, the installed renewable energy capacity of the Indian Railways was only 245 MW.

Prime MinisterNarendra Modi hailed the government’s approval tonano liquid DAPfertiliser, saying it was an important step towards making life easier for farmers.

Union Chemicalsand Fertilisers MinisterMansukh Mandaviyaon Saturday said the government has approved the launch of nano liquid DAP (di-ammonium phosphate) fertiliser for the benefits of farmers and making the country self-reliant.

Maharashtra, the state with the highest electricity demand in India, lags behind several others when it comes to energy transition to renewable sources. This is mainly due to slow uptake in the state and its inability to shut down older, polluting coal power Plants, said a report on Monday. It should nevertheless be considered that though Maharashtra lags on the transition parameter in Percentage terms, because of its greater net power generation, it has a higher reference point for a comparison with other states.

The report analysed sixteen Indian states, which together account for 90% of the country’s annual power requirement, across four dimensions.

According to the study, Rajasthan and Maharashtra showed low participation in green markets. It said that Odisha, Chhattisgarh, Rajasthan, and Maharashtra have a huge potential to become renewable energy export hubs by utilising their untapped clean energy potential. These states have made limited efforts to participate in green market mechanisms likeGDAM(green day ahead market)