DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 19th May 2023
Archives (PRELIMS & MAINS Focus) Nutrient Based Subsidy Scheme Syllabus Prelims -Economy Context: Cabinet Approves revision in Nutrient Based Subsidy (NBS) rates for RABI Season, 2022-23 and for KHARIF Season, 2023 on Phosphatic and Potassic (P&K) fertilizers About Nutrient Based Subsidy (NBS) Scheme The Nutrient Based Subsidy Scheme provides subsidies for all non-urea-based fertilizers. Under the NBS regime – fertilizers are provided to the farmers at the subsidized rates based on the nutrients (N, P, K & S) contained in these fertilizers. Also, the fertilizers which are fortified with secondary and micronutrients such as molybdenum (Mo) and zinc are given additional subsidy. The subsidy on P&K fertilizers is announced by the Government on an annual basis for each nutrient on a per kg basis for Rabi and Kharif seasons. The subsidy on P&K fertilizers is being governed by NBS Scheme since 2010. It is being implemented by the Department of Fertilizers, Ministry of Chemicals & Fertilizers. Significance of the NBS Scheme It will have the the two-fold benefit of ensuring availability of DAP and other P&K fertilizers to farmers at subsidized, affordable and reasonable prices and will also ensure rationalization of subsidy on P&K fertilizers . Balanced nutrient availability will improve soil health which in turn enhances yield of crops resulting in increased income to the farmers. Concerns Related with NBS Scheme Imbalanced Price and Deteriorating Soil Health: All Non-Urea based fertilisers are regulated under NBS Scheme however on the other hand the prices of other on regulated fertilizers have gone up. This led to the more application of subsidised urea fertilizers on soil lead to soil nutrient imbalance. Costs of Subsidies: Fertilizer subsidies are the second-largest subsidy after food subsidies. Thus it leads to fiscal imbalances of budgets Diversion: Subsidized urea is being diverted to large purchasers, traders, or even non-agricultural consumers like plywood manufacturers and producers of animal feed. The government loses around Rs 6,000 crore annually due to illegal diversion of highly subsidised urea for industrial use. It has also been diverted to neighbouring countries like Bangladesh and Nepalthat leads to enhenaced border related crimes such as black marketing. Environmental Pollution: The compounded harmful effects of imbalanced fertilizer use are not only intensifying soil and atmospheric pollution but also impacting water bodies (eutrophication) and causing threat to biodiversity and human health. MUST READ: Soil Health https://iasbaba.com/2022/12/soil-health/ SOURCE: PIB https://pib.gov.in/PressReleasePage.aspx?PRID=1924767 PREVIOUS YEAR QUESTIONS Q.1) With reference to chemical fertilizers in India, consider the following statements: (2020) At present, the retail price of chemical fertilizers is market-driven and not administered by the Government. Ammonia, which is an input of urea, is produced from natural gas. Sulphur, which is a raw material for phosphoric acid fertilizer, is a by-product of oil refineries. Which of the statements given above is/are correct? 1only 2 and 3 only 2 only 1, 2 and 3 Q.2) The Fair and Remunerative Price (FRP) of sugarcane is approved by the (2015) Cabinet Committee on Economic Affairs Commission for Agricultural Costs and Prices Directorate of Marketing and Inspection, Ministry of Agriculture. Agricultural Produce Market Committee South Asia Gas Enterprise Syllabus Prelims – Economy Context: An undersea UAE-Gujarat gas pipeline proposed that connects Middle East with India. About the Gas Pipeline Project A $5-billion, undersea UAE-Gujarat gas pipeline proposed, 2,000-km-long energy corridor connecting Middle East and India, a $5 billion project, can lead to an annual saving of about `7,000 crore in comparison with similar quantity of liquefied natural gas (LNG) import. South Asia Gas Enterprise (SAGE), an international consortium of companies in deepwater pipeline projects, has sought the support of ministry of petroleum and others to develop an undersea gas pipeline from Gulf to India. The proposed 2,000-km-long energy corridor connecting Middle East and India, a $5 billion project, can lead to an annual saving of about `7,000 crore in comparison with similar quantity of liquefied natural gas (LNG) import. About SAGE South Asia Gas Enterprise Private Limited is a Private incorporated on 21 November 2005. It is classified as Non-govt company and is registered at Registrar of Companies, Delhi. It is promoted by the New Delhi based Siddho Mal Group, in Joint Venture with a UK-based Deepwater Technology Company. SAGE is working with a Global Consortium of some of the most reputed companies in the field of Deepwater Pipelines, to create a Multi-Billion Dollar “Energy Corridor” that can transport gas from the Middle East to India, bypassing the land route through Pakistan. Significance of the project The proposed 2,000-km energy corridor connecting the Middle East and India will lead to an annual saving of about Rs 70 billion ($849.60 million). The route will run via Oman and UAE through the Arabian Sea, allowing import from Oman, UAE, Saudi Arabia, Iran, Turkmenistan and Qatar, a region with 2,500 trillion cubic feet of gas reserves. Qatar, Iran, Iraq and Turkmenistan together have enormous Natural Gas reserves to the tune of 2,000 trillion cubic feet (TCF) and SAGE plans to transport some of this to India through its Deepwater Pipeline Infrastructure. Dialogue and discussions with the above-mentioned countries are on at the Highest Levels. The option of Gas Swaps between these nations is also being explored. In addition, SAGE also plans to supply Natural Gas to Oman/ UAE on its Pipeline Route to India, and seeks to further build Cooperative Relations with the friendly Gulf and Middle East countries. MUST READ: TAPI Gas Pipeline Project https://iasbaba.com/2022/01/india-central-asia-summit/ SOURCE: The Financial Express https://www.financialexpress.com/industry/5-billion-undersea-uae-gujarat-gas-pipeline-proposed/3089046/ Kishtwar High Altitude National Park Syllabus Prelims –Environment and Ecology Context: Snow Leopards spotted in Jammu & Kashmir’s Kishtwar National Park. The presence of the elusive snow leopards in Jammu and Kashmir’s Kishtwar High Altitude National Park has been confirmed by a research team of Department of Wildlife Protection through camera trap. Attributed as one of the seven snow leopard reserves under a project launched by Central Government, the Kishtwar High Altitude National Park lies in Doda District, about 40km north-east of Kishtwar Town. The park was established to conserve the snow leopard species, its prey populations and its fragile mountain habitat. Spread over an area of 400 sq km the park was declared a national park on 4 February
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