January 8, 2020
Topic:- Economics
News:-Govt to cut revenue expenditure by 20%.
What is revenue expenditure?
- Revenue expenditure is a cost that is charged to expense as soon as the cost is incurred. By doing so, a business is using the matching principle to link the expense incurred to revenues generated in the same reporting period.
- Simple language, Revenue expenditure is expenditure for the normal running of government departments and various services, interest charges on debt incurred by the government, subsidies and so on.
- Broadly speaking, expenditure which does not result in the creation of assets is treated as revenue expenditure.
(Source:- The Tribune)
Topic:-Environment
News:-Release only treated water into Sutlej, drains: NGT
Context:- On the concluding day of its two-day visit, the state monitoring committee of the National Green Tribunal (NGT) directed officials to ensure that no untreated water was allowed to flow into the Sutlej and drains.
- The NGT has fixed a deadline of March 31, 2021, to overcome the problem of polluted water in Fazilka district.
An NGT monitoring committee commands the state to release only treated water into Sutlej and drains.
- The Monitoring panel of The National Green Tribunal includes:-
(Retired ) Justice Jasbir Singh. and Environmentalist Balbir Singh Seechewal.
- The panel has been tasked with the job of assessing the wastewater management in 5 districts of Malwa region of Punjab.
- The panel has also fixed a deadline of March 31, 2021, to overcome the problem of polluted water in Fazilka district.
- The departments were also warned that a fine of up to ₹ 5 lakh could be imposed in case of non-compliance of the orders.
- 14 Sewage Treatment Plants were functioning in the studied districts and 11 are yet to be set up.
- The panel also stipulated that the untreated water of Ferozepur, Moga, Faridkot and Muktsar districts flows into the drains leading to Fazilka.
- Fazilka is carrying the burden of wastewater of other districts. ( This process occurs due to natural gradient or slope of the region).
- Lack of accountability and poor functioning of STPs has led to the pollution of the area.
This issue of pollution has led to problems such as:-
- Mental retardation among children.
- Communicable diseases.
- Deformities.
- Poor water for the irrigation system.
- The weakening of the immune system.
Solutions:-
- More Sewage Treatment Plants should be set up.
- Efficient and empathic bureaucracy along with active involvement of the local governments.
- Corporate social responsibility for the development of sustainable infrastructure.
Penalty:-
- NGT provisions, a fine up to Rs 5 lakh could be imposed on the department which failed to deliver within the time frame.
About National Green Tribunal:-
- National Green Tribunal Act, 2010 is an Act of the Parliament of India which enables the creation of a special tribunal to handle the expeditious disposal of the cases pertaining to environmental issues. It draws inspiration from India’s constitutional provision of Article 48A which assures the citizens of India the right to a healthy environment. Delhi Pollution Control Committee (DPCC) is a department to control pollution in Delhi.
(Source:- The Tribune)
Topic: Religion.
News:-The CM of Punjab has announced that the 400th birth anniversary of Guru Teg Bahadur Ji would be celebrated in 2021.
The celebrations would be held a year-long, starting this year.
The 399th birth anniversary mega event associated with Guruji would be held at the Historic town of Baba Bakala.
(Source:- The Tribune)
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