Tuesday, 30 January 2018

Economic Survey 2017-18: Volume 2 - Chapter 5 key points


Economic Survey 2017 -18 - volume II - chapter 5 key points

There are 17 SDGs which have 169 targets to be achieved by 2030.

Voluntary National Reviews:

India is one of the countries that has volunteered to take part in the Voluntary National Reviews (VNRs) at the High-Level Political Forum (HLPF) 2017.

India presented its 1st VNR on implementation of SDGs on 19th July, 2017 in the HLPF at United Nations, New York.

The VNR report is based on an analysis of progress under various programmes and initiatives in the country.

The VNR report focused on 7 SDGs:
1 (No Poverty); 2 (Zero Hunger); 3 (Good Health and Well-Being); 5 (Gender Equality); 9 (Industry, Innovation and Infrastructure), 14 (Life below Water) and 17 (Partnerships for the Goals).
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In the light of the global SDG indicators endorsed by the UN Statistical Commission, the draft national SDG indicators are being developed by Ministry of Statistics & Programme Implementation with inputs from Central Ministries and various other stakeholders and are now at an advanced stage of finalization.

Going forward, a monitoring and reporting system will be set up to regularly take stock of the implementation process and generate credible information and evidence on progress of the SDGs with the base year as 2016.

The National Institution for Transforming India (NITI) Aayog’s role will be to collect, validate and document best practices in implementation of SDGs for wider dissemination.

On a regular basis, progress on SDGs will be tracked through an integrated dashboard.
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Urban India and Sustainable Development

According to World Economic and Social Survey, 2013, achieving the sustainability of cities entails integration of four pillars –
a. social development,
b. economic development,
c. environmental management, and
d. effective urban governance.

According to the UN World Cities Report 2016, by 2030, India is expected to be home to seven mega-cities with population above 10 million.

According to Census 2011, 377.1 million Indians comprising 31.16 per cent of the country’s population live in urban areas.
India’s urban population is projected to grow to about 600 million by 2031.

Government of India has undertaken several measures to improve sustainability of cities, which include the
·        Smart Cities Mission,
·        National Urban Housing & Habitat Policy (2007),
·        Swachh Bharat Mission (Urban), and
·        management of Municipal Solid Waste (MSW) etc.

In July, 2015, the Securities and Exchange Board of India (SEBI) notified a new regulatory framework - Issue and Listing of Debt Securities by Municipalities Regulations - for issuing municipal bonds in India. The new regulations allowed for municipal bodies or a corporate municipal entity to issue municipal bonds through private placement or public issue.

Acess to Sustainable Energy

Government of India had launched “Pradhan Mantri Ujjwala Yojana” (PMUY) in May, 2016 and upgraded it to provide 80 million LPG connections by 2020 to BPL households.

Complementing the above scheme, Government has come out with other initiatives namely “Ujjwala Plus” which will address the cooking needs of deprived people who are not covered under the Socio-Economic Caste Census (SECC) 2011.

The Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) scheme was launched in 2015 to achieve 100 per cent village electrification and Saubhagya scheme launched on 25th September, 2017, to provide energy access to all by last mile connectivity and electricity connections to all remaining un-electrified households in rural and urban areas to achieve universal household electrification in the country.

Buildings Energy Efficiency Programme was launched in May, 2017 which is being implemented by Energy Efficiency Services Limited (EESL).
Under this scheme, EESL is likely to retrofit about one crore LED lights, 15 lakh energy efficient ceiling fans, and 1.5 lakh energy efficient ACs in more than 10,000 government and private buildings by the year 2020.

International Solar Alliance (ISA):

ISA, which was launched by Shri Narendra Modi, Hon’ble Prime Minister of India and Mr. François Hollande, former President of France on 30th November, 2015 in Paris, entered into force on 6th December, 2017.

With ISA Framework agreement entry into force, ISA has become a de jure treaty-based International Intergovernmental Organization.

ISA is the first International intergovernmental treaty-based organization headquartered in India (Gurugram, Haryana).

As on date, 46 countries have signed and out of these, 19 countries have ratified the ISA Framework Agreement.

ISA is a coalition of solar resource rich countries lying fully or partially between the Tropics of Cancer and Capricorn and aims to specifically address energy needs by harnessing solar energy.

Government of India has made a provision of `100 crore as one-time fund for ISA Fund corpus.

On the request of the ISA, the Government of India has earmarked around US $ 2 billion Line of Credit (LoC) to the African countries for implementation of solar and related projects out of its total US $ 10 billion LoC under the Indian Development and Economic Assistance Scheme.

Presently ISA has three programmes
a. Scaling Solar Applications for Agricultural Use,
b. Affordable Finance at Scale and
c. Scaling Solar Mini-grids.

The United Nations including its organs are ISA’s strategic partners. ISA is also developing “Common Risk Mitigating Mechanism” (CRMM) for de-risking and reducing the financial cost of solar projects.

Government of Haryana has agreed to institute Kalpana Chawla Solar Award for the women Solar Scientists doing extraordinary work across the 121 ISA prospective member countries.

India and Climate Change

Government of India is implementing the National Action Plan on Climate Change, which includes eight national missions covering
1. solar,
2. energy efficiency,
3. agriculture,
4. water,
5. sustainable habitat,
6. forestry,
7. Himalayan ecosystem and
8. Strategic knowledge on climate change, apart from various other initiatives.

As part of the mission on strategic knowledge on climate change, India has established 8 Global Technology Watch Groups in the areas of
a.Renewable Energy Technology,
b. Advance Coal Technology,
c. Enhanced Energy Efficiency,
d. Green Forest,
e. Sustainable Habitat,
f. Water,
g. Sustainable Agriculture and
h. Manufacturing.

Climate Change Action Programme, launched in 2014 with an objective of building and supporting capacity at central & state levels, strengthening scientific & analytical capacity  for climate change assessment, establishing appropriate institutional framework and implementing climate related actions has been extended for the period 2017-18 to 2019-20 with a budget outlay of Rs.132.4 crore.

National Adaptation Fund on Climate Change established in 2015 to support concrete adaptation activities which are not covered under on-going activities through the schemes of State and Central Government, continues till 31st March 2020 with financial implication of Rs. 364 crore.

Zero Effect, Zero Defect is a policy initiative to enhance energy efficiency and resources efficiency in Medium & Small Industries.

In February, 2017, India launched the world’s first interoperable Quick Response (QR) code  acceptance solution. It is a sticker pasted on the teller counter wall of the merchant and can be generated dynamically on merchant itself, removing the need to even print.

The Global Climate Risk Index 2018 has put India amongst the six most vulnerable countries in the world.


The Fifteenth Finance Commission Terms of Reference outlined climate change as an important aspect for consideration.