Deepanshu Singh is teaching live on Unacademy Plus
EDITORIAL ANALYSIS OF NEWSPAPERS IN LESSTHAN 10 MINUTES Presented B 25th February,2017 chrome
ABOUT ME . Educator @ unacademy B.Tech. Comp. Sc. (Hons.) B. 1ec NTSE and Debating Champion Appeared for CSE and IFoS mains Interests: Music, Quizzing, Fitness & Photography RATE REVIEW RECOMMEND . https:L/unacademy.com/user/deepanshu.n.singh
QUESTION FOR ANSWER WRITING PRACTICE Q: -critically analysethe provisions of RTE Act and its present implementatiostatus. .Critically analyse the provisions of RTE Act and its present implementation status. [Course] February 2017- Editorial Analysis of The Hindu and Other Major Newspapers / Test preparation IUPSCIAS general-awareness deepanshu.n.singh Pinned Topics unacademy.com Unsceleny 201 Newspapers. The course will bring you in-depth analysis of Important editor norm leadng newspapers like The Hindu Indian Express Livemint etc which are relevant for Government examinations. These will help you in your Mains as wels as prelims preparation PReply
EDITORIALS COVERED IN TODAY'S LESSON THE HINDU SHINING BRIGHT (PLUS GREEN BONDS)
TH: SHINING BRIGHT GS-3 o The clearance from the Cabinet Committee on Economic Affairs for a plan to double the capacity of solar power installed in dedicated solar parks to 40 gigawatts by 2020, with partial government fiscal assistance, is in line with the goal of creating a base of 100 gigawatts by 2022. India as a tropical country and has significant solar energy potential. This has been less exploited in years till date. s target. o Solar energy -more efficient means to meet the commitment to keep carbon emissions in check under the Paris Agreement on climate change. o Why it's a win- win? o Additional employment, with overall economic dividends. As the International Renewable Energy Agency notes in its report titled REthinking Energy 2017: Accelerating the global energy transformation, Globally, jobs in solar energy have witnessed the fastest growth since 2011 among various renewable energy sectors. Asia has harnessed the potential the most, providing 60% of all renewable energy employment, while China enjoys the bulk of this with a thriving solar photovoltaic and thermal manufacturing industry, besides installations
Challenges Low-cost financing channels hold the key to quick augmentation of solar generating capacity The trend in some emerging economies, including India, has been a reduction in public financing of renewable energy projects over the last five years> This has implications for equity in the long run, and electricity regulators should fix tariffs taking into account the reduction in the levelised cost of electricity (the average break-even price over a project's lifetime). Recourse to other funding options, including regulated debt instruments such as green bonds, would be necessary to achieve early, ambitious targets Tamil Nadu, a solar leader in the country, resorted to curtailments last year, a phenomenon that has perhaps muted industry interest in its recent 500 MW tender. At the Paris UN Climate Change Conference, developed countries pledged to raise $100 billion a year by 2020 for mitigation, and more in later years, a promise that needs to be vigorously pursued. What needs to be done? Besides promoting phase two of the solar parks plan, and powering public facilities such as railway stations and stadia using solar power, the Centre should put in place arrangements that make it easier for every citizen and small business to adopt rooftop solar. s targets every citizen and small business to adopt rooftop solar facilities to produce the human resources the industry will need in the years ahead. share of renewables in the total energy mix to 40 per cent in the next decade. o India should take a close look at competitive manufacturing of the full chain of photovoltaics and open training o This is crucial to achieving the overall goal of 100 GW from this plentiful source of energy by 2022, and to raise the
Green Bonds What are green bonds? A bond is a debt instrument with which an entity raises money from investors, the issuer of a green bond publicly states that capital is being raised to fund green' projects, which typically include those relating to renewable energy, emission reductions and so on. o Green bonds are generally issued by multilateral agencies such as the World Bank, corporations, government agencies and municipalities Indian Companies issued it recently-> Exim Bank of India issued a five-year $500 million green bond, which is India's first dollar-denominated green bond. Yes Bank raised Rs 1,000 crore via a 10-year bond, which was oversubscribed twice. Yes Bank was the first Indian Bank to issue Green Infrastructure Bonds (GIBs) in India. It had issued India's first-ever GIBs worth 1,000 crore rupees in 2015-Green Bond Pioneer Award 2016 Why are they attractive? Green bonds typically carry a lower interest rate than the loans offered by the commercial banks. Hence, when compared to other forms of debt, green bonds offer better returns for an independent power producers It inherently carries lower risk than other bonds. The risk of the project not performing stays with the issuer rather than investor.