07-08.03.23 Daily [Uttar Pradesh] UPPSC Current Affairs

The Uttar Pradesh government has expedited the process of providing land to the investors who have signed memorandums of understanding (MoUs) with the during the recent Global Investors Summit.

The state government will soon initiate the process of auctioning 635 hectares of land for the industrial units.

The land, equaling nearly 888 Olympic soccer stadiums, has been identified in the urban pockets for allotment to investors. According to sources, the land has been arranged for urban-centric projects, including hotels, schools, group housing, hospitals, Nursing homes, CNG filling stations, Logistics and shopping centres.

With the Yogi Adityanath government 2.0 netting Investment proposals of more than Rs 33.50 lakh crore from over 19,000 investors at the three-day GIS held on February 10-12, the state has kicked off a process to materialise these projects at the earliest. To supplement the menu of industrial land, the state will not only allot fresh land but also utilise the expansive plots of defunct government-owned industrial units across 75 districts of UP.

According to an estimate, the government is even mulling to utilise the land of defunct textile mills — estimated at 1,500 acres — for fresh allotment. For this purpose, the state will first settle all outstanding dues of these units before formally acquiring land for re-allotment.

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)