electricity consumption Current Affairs, GK & News
The Union Ministry of Power is currently calling for the Market-Based Economic Dispatch (MBED) mechanism – a radical shift from the current decentralized, voluntary pool-based electricity market. What is the MBED mechanism? The MBED mechanism envisages a centralized scheduling for dispatching the entire yearly consumption of electricity of around 1,400 billion units. It proposes a ..
On October 28, 2020, Niti Aayog released the “Electricity access in India and benchmarking distribution utilities” report. Highlights The report says that 92% of customers received electricity infrastructure within 50 metres of their premises. Around 87% of the customers had access to grid-based electricity. Reminding 13% were those who either used non grid sources or ..
Category: Reports & Indexes Current Affairs
As per data released by the Ministry of Power, during 2018-19, India’s per capita consumption of electricity was 1,181 kWh. Highlights from the data released Dadra and Nagar Haveli, at 15,179 kWh he highest per capita consumption in 2018-19. Gujarat with 2378 kWh, Goa (2274), Haryana (2082) and Punjab (2046) making the top 5 as ..
In a research paper India s GDP Mis-estimation: Likelihood, Magnitudes, Mechanisms, and Implications former chief economic advisor Arvind Subramanian has claimed that India s economy grew at a much slower pace between 2011-12 and 2016-17 (at about 4.5%) than the official estimate of 7 per cent. Observations made in the Research Paper India s GDP ..
Category: Economy & Banking Current Affairs - 2022
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