Watch KSG Explainer - Credit Guarantee and Seed Funds Scheme #Startups #Scheme #Tutorial
https://www.youtube.com/watch?v=Bfz-FOoFE2Q&list=PLCUwtp5IghZlGtWhDAkuXVFs8MLdVey75&index=14
https://www.youtube.com/watch?v=Bfz-FOoFE2Q&list=PLCUwtp5IghZlGtWhDAkuXVFs8MLdVey75&index=14
YouTube
KSG Explainer - Credit Guarantee and Seed Funds Scheme #Startups #Scheme #Tutorial
KSG India, Khan Study Group, is the best IAS Coaching Institute for General Studies and CSAT in India.
Power Of Classroom Courses : All India 3 times Highest GS Score in Last 5 Years. Srushti Jayant Deshmukh (Rank 5 UPSC CSE 2018-19), Tina Dabi (Rank 1 UPSC…
Power Of Classroom Courses : All India 3 times Highest GS Score in Last 5 Years. Srushti Jayant Deshmukh (Rank 5 UPSC CSE 2018-19), Tina Dabi (Rank 1 UPSC…
Today's Headlines - 17 August 2023
'PM-eBus Sewa' approved
GS Paper - 2 (Infrastructure)
The Cabinet, chaired by the Prime Minister approved the Rs 57,613 crore PM-eBus Sewa initiatives to augment the use of electric buses in 169 cities. The scheme will augment city bus operations, under which priority will be given to cities having no organised bus service.
More about the Initiatives
These include all the capital cities of Union Territories (UTs), north eastern and hill states. The e-buses will be provided under the public-private partnership (PPP) mode for 10 years.
The scheme will cover cities of 3 lakh and above population and priority will be given to cities not having organised bus services.
Ten thousand e-buses will be deployed on public-private partnership (PPP) model in 169 cities.
Infrastructure will be upgraded in 181 cities under the Green Urban Mobility Initiatives.
The Scheme has two segments
Segment A – Augmenting the City bus services (169 cities)
The approved bus scheme will augment city bus operations with 10,000 e-buses on Public Private Partnership (PPP) model.
Associated Infrastructure will provide support for Development/ up-gradation of depot infrastructure; and Creation of behind-the-meter power infrastructure (substation, etc.) for e-buses.
Segment B– Green Urban Mobility Initiatives (GUMI): (181 cities)
The scheme envisages green initiatives like bus priority, infrastructure, multimodal interchange facilities, NCMC-based Automated Fare Collection Systems, Charging infrastructure, etc.
Support for Operation: Under the scheme, States/Cities shall be responsible for running the bus services and making payments to the bus operators.
The Central Government will support these bus operations by providing subsidies to the extent specified in the proposed scheme.
Boost to E-Mobility:
The scheme will promote e-mobility and provide full support for behind-the-meter power infrastructure.
Cities will also be supported for development of charging infrastructure under Green Urban Mobility Initiatives.
The support to bus priority infrastructure shall not only accelerate the proliferation of state-of-the-art, energy efficient electric buses but also foster the innovation in the e-mobility sector as well as development of resilient supply chain for electric vehicles.
This scheme shall also bring in economies of scale for procurement of electric buses through aggregation for e-buses.
Adoption to Electric mobility will reduce noise and air pollution and curb carbon emission.
Modal shift due to increased share of bus-based public transportation will lead to GHG reduction.
#upsc #news #headline #PM #ebus #sewa #infrastructure #cabinet #electric #cities #operations #service #unionterritories #partnership #population #mobility #scheme #segments #public #private #depot #infrastructure #development #NCMC #collection #system #airpollution #carbonemission #transportation #GHG #adoption #procurement
'PM-eBus Sewa' approved
GS Paper - 2 (Infrastructure)
The Cabinet, chaired by the Prime Minister approved the Rs 57,613 crore PM-eBus Sewa initiatives to augment the use of electric buses in 169 cities. The scheme will augment city bus operations, under which priority will be given to cities having no organised bus service.
More about the Initiatives
These include all the capital cities of Union Territories (UTs), north eastern and hill states. The e-buses will be provided under the public-private partnership (PPP) mode for 10 years.
The scheme will cover cities of 3 lakh and above population and priority will be given to cities not having organised bus services.
Ten thousand e-buses will be deployed on public-private partnership (PPP) model in 169 cities.
Infrastructure will be upgraded in 181 cities under the Green Urban Mobility Initiatives.
The Scheme has two segments
Segment A – Augmenting the City bus services (169 cities)
The approved bus scheme will augment city bus operations with 10,000 e-buses on Public Private Partnership (PPP) model.
Associated Infrastructure will provide support for Development/ up-gradation of depot infrastructure; and Creation of behind-the-meter power infrastructure (substation, etc.) for e-buses.
Segment B– Green Urban Mobility Initiatives (GUMI): (181 cities)
The scheme envisages green initiatives like bus priority, infrastructure, multimodal interchange facilities, NCMC-based Automated Fare Collection Systems, Charging infrastructure, etc.
Support for Operation: Under the scheme, States/Cities shall be responsible for running the bus services and making payments to the bus operators.
The Central Government will support these bus operations by providing subsidies to the extent specified in the proposed scheme.
Boost to E-Mobility:
The scheme will promote e-mobility and provide full support for behind-the-meter power infrastructure.
Cities will also be supported for development of charging infrastructure under Green Urban Mobility Initiatives.
The support to bus priority infrastructure shall not only accelerate the proliferation of state-of-the-art, energy efficient electric buses but also foster the innovation in the e-mobility sector as well as development of resilient supply chain for electric vehicles.
This scheme shall also bring in economies of scale for procurement of electric buses through aggregation for e-buses.
Adoption to Electric mobility will reduce noise and air pollution and curb carbon emission.
Modal shift due to increased share of bus-based public transportation will lead to GHG reduction.
#upsc #news #headline #PM #ebus #sewa #infrastructure #cabinet #electric #cities #operations #service #unionterritories #partnership #population #mobility #scheme #segments #public #private #depot #infrastructure #development #NCMC #collection #system #airpollution #carbonemission #transportation #GHG #adoption #procurement
Today's Headlines - 17 August 2023
Digital India projects extended
GS Paper - 3 (Science and Technology)
Cabinet on 16 August 2023 approved extension of Digital India project with an outlay of Rs 14,903 crore. The minister said that the extended Digital India project will add on to the work done under the previous version of the scheme.
More about the Project
Prime Minister in the cabinet meeting has approved Digital India programme with outlay of Rs 14,903 crore.
Under the project 5.25 lakh IT professionals will be reskilled and upskilled and 2.65 lakh persons will be trained in IT.
Under the extended Digital India project, nine more super computers will be added under the National Supercomputing Mission (NCM). The minister said that 18 super computers have been deployed under NCM.
The Digital India programme was launched in July 2015 to enable the digital delivery of services to citizens.
The programme is now extended to a period of five years starting from 2021-2022 to 2025-2026.
The government will support over 1,200 startups from Tier-II, and –III cities during the extended period.
#upsc #news #headline #digital #india #projects #scienceandtechnology #indiaproject #minister #scheme #IT #professionals #nationl #supercomputing #technology #NCM #reskilled #india #cabinet #primeminister #extension #trained #services
Digital India projects extended
GS Paper - 3 (Science and Technology)
Cabinet on 16 August 2023 approved extension of Digital India project with an outlay of Rs 14,903 crore. The minister said that the extended Digital India project will add on to the work done under the previous version of the scheme.
More about the Project
Prime Minister in the cabinet meeting has approved Digital India programme with outlay of Rs 14,903 crore.
Under the project 5.25 lakh IT professionals will be reskilled and upskilled and 2.65 lakh persons will be trained in IT.
Under the extended Digital India project, nine more super computers will be added under the National Supercomputing Mission (NCM). The minister said that 18 super computers have been deployed under NCM.
The Digital India programme was launched in July 2015 to enable the digital delivery of services to citizens.
The programme is now extended to a period of five years starting from 2021-2022 to 2025-2026.
The government will support over 1,200 startups from Tier-II, and –III cities during the extended period.
#upsc #news #headline #digital #india #projects #scienceandtechnology #indiaproject #minister #scheme #IT #professionals #nationl #supercomputing #technology #NCM #reskilled #india #cabinet #primeminister #extension #trained #services
Today's Headlines - 09 September 2023
Cabinet approves VGF for battery storage system
GS Paper - 3 (Energy)
The Union Cabinet has approved a scheme for providing viability gap funding (VGF) for developing battery storage of 4 gigawatt (Gw) by 2030-31. The VGF for the battery energy storage system (BESS) will have an initial outlay of Rs 9,400 crore and this will include a budgetary grant of Rs 3,700 crore.
More about the News
The VGF would be disbursed in five tranches and be linked with the various stages of implementation of BESS projects. The scheme is aimed at supporting the energy storage needs of the renewable energy sector, especially solar and wind.
Given their restricted hours/seasons of operation, energy storage ensures round-the-clock green energy.
The VGF scheme for BESS projects was first announced in Budget 2023. Through the scheme, the Centre is aiming to bring down the cost of battery storage systems and increase their viability.
By offering VGF support, the scheme targets achieving a Levelized Cost of Storage (LCoS) ranging from Rs 5.50-6.60 per kilowatt-hour (kWh), making stored renewable energy a viable option for managing peak power demand across the country, said a statement by the ministry of power.
The statement further said that 85 percent of BESS projects under the scheme would be provided to the power distribution companies (discoms).
This will not only enhance the integration of renewable energy into the electricity grid but also minimise wastage while optimising the utilisation of transmission networks. Consequently, this will reduce the need for costly infrastructure upgrades.
Developers for these BESS projects would be selected through a competitive bidding process, to be open for both public and private sector. This approach will foster healthy competition and encourage the growth of a robust ecosystem for BESS, attracting significant investments and generating opportunities for associated industries.
#upsc #headline #news #cabinet #VGF #battery #storage #system #energy #unioncabinet #gigawatt #BESS #budgetary #fivetranches #scheme #projects #LCOS #kilowatt #hour #discoms #minimise #wastage #optimising #utlisation #networks #healthy #competition #robust #ecosystem #privatesectors #upgrades #investments #peakpower #country #ministrypower #support #devloping #crore #seasons #solar #wind #viability
Cabinet approves VGF for battery storage system
GS Paper - 3 (Energy)
The Union Cabinet has approved a scheme for providing viability gap funding (VGF) for developing battery storage of 4 gigawatt (Gw) by 2030-31. The VGF for the battery energy storage system (BESS) will have an initial outlay of Rs 9,400 crore and this will include a budgetary grant of Rs 3,700 crore.
More about the News
The VGF would be disbursed in five tranches and be linked with the various stages of implementation of BESS projects. The scheme is aimed at supporting the energy storage needs of the renewable energy sector, especially solar and wind.
Given their restricted hours/seasons of operation, energy storage ensures round-the-clock green energy.
The VGF scheme for BESS projects was first announced in Budget 2023. Through the scheme, the Centre is aiming to bring down the cost of battery storage systems and increase their viability.
By offering VGF support, the scheme targets achieving a Levelized Cost of Storage (LCoS) ranging from Rs 5.50-6.60 per kilowatt-hour (kWh), making stored renewable energy a viable option for managing peak power demand across the country, said a statement by the ministry of power.
The statement further said that 85 percent of BESS projects under the scheme would be provided to the power distribution companies (discoms).
This will not only enhance the integration of renewable energy into the electricity grid but also minimise wastage while optimising the utilisation of transmission networks. Consequently, this will reduce the need for costly infrastructure upgrades.
Developers for these BESS projects would be selected through a competitive bidding process, to be open for both public and private sector. This approach will foster healthy competition and encourage the growth of a robust ecosystem for BESS, attracting significant investments and generating opportunities for associated industries.
#upsc #headline #news #cabinet #VGF #battery #storage #system #energy #unioncabinet #gigawatt #BESS #budgetary #fivetranches #scheme #projects #LCOS #kilowatt #hour #discoms #minimise #wastage #optimising #utlisation #networks #healthy #competition #robust #ecosystem #privatesectors #upgrades #investments #peakpower #country #ministrypower #support #devloping #crore #seasons #solar #wind #viability