Current Affairs 15 December 2023

We are here for you to provide the important Recent and Latest Current Affairs 15 December 2023, which have unique updates of Latest Current Affairs 2023 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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INTERNATIONAL AFFAIRS

Mercer’s Quality of Living City Ranking 2023: Hyderabad tops among Indian Cities; Vienna tops global According to Mercer’s Quality of Living City Ranking 2023, Hyderabad (Telangana); Pune(Maharashtra) and Bengaluru(Karnataka) ranked 153rd, 154th and 156th respectively, have emerged as the top three Best cities in India in terms of living standard. For the 6th time, Hyderabad has emerged as the Best Indian city.

• Vienna(Austria) has topped the list for the 11th  consecutive year and retained its title as the Best City offering the highest quality of life in the world.
• Vienna is followed by Zurich(Switzerland), and Auckland(New Zealand) in the 2nd and 3rd ranks.

About Mercer
Mercer a business of Marsh & McLennan Companies is the world’s leading professional services firm.
Chief Executive Officer (CEO)- Martine Ferland
Headquarters– New York, the United States of America(USA).
Founded in 1945
>> Read Full News

BANKING & FINANCE

ICICI Prudential Life & Ujjivan SFB enters Bancassurance Partnership to Distribute Life Insurance ProductsICICI Prudential Life Insurance limited have entered into a bancassurance partnership Ujjivan Small Finance Bank (SFB) Limited for the distribution of life insurance product .
Key Points:
i.Under this partnership, Ujjivan SFB’s 700+ branches across 26 states and Union Territories will offer the entire suite of ICICI Prudential Life’s customer-friendly protection, long-term savings, and retirement products to its customers.
ii.Through this partnership, Ujjivan SFB aims to increase access to insurance solutions for the middle class and enable them to secure their financial future.
iii.This partnership will bridge the demand gap for insurance services, and strengthen Ujjivan’s position in offering insurance solutions for its customers.
Highlighted Products:
i.On the pure protection platform, ICICI Pru iProtect Smart and ICICI Pru iProtect Return of Premium will be available.

• The protection products can serve as crucial income replacements in the unfortunate loss of the primary breadwinner.

ii.For long-term savings, customers will be able to conveniently purchase ICICI Pru GIFT Pro, ICICI Pru Gold, and ICICI Pru Signature.

• Long-term savings products will aid customers in building a savings pool and creating supplementary income sources.

iii.For retirement planning, ICICI Pru Guaranteed Pension Plan Flexi will aid Ujjivan SFB customers in systematically planning for their retirement.

• Retirement planning products will ensure customers receive guaranteed life-long income, promoting financially independent retired lives.

iv.Introduction of ICICI Pru Stack, a suite of digital capabilities, enables efficient customer segmentation, lead generation, and end-to-end digital policy issuance.

• The stack provides customers with a virtually paperless buying journey.

About ICICI Prudential Life Insurance Company Limited:
It is promoted by ICICI Bank Limited and Prudential Corporation Holdings Limited.
Managing Director & CEO– Anup Bagchi
Headquarters– Mumbai, Maharashtra
Started operating in 2001

ADB approves USD 250mn to support NICDP Subprogram 2; USD 200mn Loan to improve Waste Management in Indiai.On December 8, 2023, the Asian Development Bank (ADB) approved a USD 250 million policy-based loan to develop industrial corridors in India aligning with the National Industrial Corridor Development Program (NICDP).
ii.This funding supports NICDP subprogram 2 for development of multimodal logistics in industrial corridors under the Prime Minister (PM) Gati Shakti– National Master Plan for Multi-modal Connectivity platform.
iii.On December 13, 2023, ADB approved USD 200 million loan to improve solid waste management and sanitation in Indian cities.  It will support GoI’s Swachh Bharat Mission (Clean India Mission)–Urban 2.0 targeting garbage free Indian cities by 2026.
iv.ADB announced plans to launch the Climate Action Catalyst Fund (CACF) on January 1, 2024. It is a first-of-its-kind carbon fund under the Paris Agreement.
About National Industrial Corridor Development Program (NICDP):
CEO & MD– Rajat Kumar Saini
Headquarters– New Delhi, Delhi
>> Read Full News

SBI Signs 70 Million Euro Loan with Germany’s KfW For Solar PV ProjectsThe State Bank of India (SBI) has signed a 70 million Euro (approximately Rs 636 crore) Line of Credit (LoC) with KfW Development Bank, Germany, to support solar photovoltaic(PV) projects in India.

• The agreement was signed at the International Financial Services Centres (IFSC) Gujarat International Finance Tec-City (GIFT City) Branch of SBI in Ahmedabad, Gujarat.

India’s COP Commitments:
i.The agreement is in line with India’s commitment made at 28th Conference of the Parties of the United Nations Framework Convention on Climate Change (UNFCCC – COP 28) summit held at Dubai in November 2023.
ii.COP 28 calls for deep, rapid and sustained reduction in greenhouse gas (GHG) emissions” and “transitioning” away from fossil fuels in the energy system in an orderly and equitable manner
iii.India’s commitment at COP26 in 2021, promising five key climate goals, including 500 Gigawatt (GW) of non-fossil energy by 2030 and generating half of all energy requirements from renewables, to reducing emissions by 1 billion tonnes by 2030.
iv.India  aims to reduce the GHG  emissions intensity of Gross Domestic Product (GDP) by 45 per cent.
v.India also commits to net-zero emissions by 2070.
About State Bank of India (SBI):
Chairperson – Dinesh Kumar Khara
Headquarters – Mumbai, Maharashtra
Established in – 1955
About Kfw Development Bank:
Chief Executive Officer (CEO) –  Stefan Wintels
Headquarters – Frankfurt, Germany
Established in – 1948

Federal Bank recognised as Top Performer of 2023 CAFI Award for Climate Reporting by IFCInternational Finance Corporation (IFC), a member of the World Bank Group, has recognised Federal Bank Limited as the top performer of the 2023 Climate Assessment for Financial Institutions (CAFI) Awards for Climate Reporting.

• Federal Bank emerged as a standout performer by securing 2 positions on the global stage and 4 recognitions in South Asian Region.

Note: Around 258 financial institutions across the globe are participating in climate reporting through the CAFI tool.
Accolades Received by Federal Bank: 
Global recognition: 

• Highest Climate Loan Amount Reported
• Most (Greenhouse Gas) GHG Mitigated.

FY23 Regional Award (South Asia):

• Most Transactions Reported
• Highest Climate Loan Amount Reported
• Most GHG Mitigated
• Best Achievement vs Climate Targets

The awards recognise the Federal Bank’s dedication to climate-conscious practices.
2023 CAFI Awards for Climate Reporting: 
i.The 2023 CAFI Awards for Climate Reporting acknowledges the IFC clients using the CAFI tool to report on their climate investments and commitments in emerging markets.
ii.Apart from Federal Bank, 2 other financial institutions were recognized as the 2023’s top global reporting financial institutions, they are:

• Most Transactions Reported-  Equity Bank, Kenya
• Best Achievement vs Climate Targets-  Banco de la Producción, Ecuador

iii.The award also recognized the top performers in each IFC’s region
Click here for the complete list of 2023 awardees
Key Points:
i.As of June 2023, IFC has committed USD 15.2 billion to climate-related projects through more than 210 emerging market financial institution partners, leveraging an additional USD 5.8 billion.
ii.The CAFI tool enables these partners to evaluate the climate eligibility and impact of their investment decisions.
iii.CAFI was used by the IFC clients to report more than USD 12 billion worth of climate loans distributed in emerging markets.
iv.Annually, these loans will reduce GHG emissions by more than 31 million tons, generate 45 terawatt hours of renewable energy, and finance 2.8 million square metres of certified green buildings.
v.In the Fiscal year 2023, IFC contributed about USD 43.7 billion to private companies and financial institutions in developing countries.
About Federal Bank Limited:
Managing Director(MD) & Chief Executive Officer (CEO)– Shyam Srinivasan
Headquarters– Aluva, Kerala
Established in – 1931
Tagline– Your Perfect Banking Partner

RBI authorised Bandhan Bank to Disburse Pensions to Railway Employees
Bandhan Bank Limited has received authorisation from Reserve Bank of India (RBI) to distribute pensions through Electronic Pension Payment Order (e-PPOs) on behalf of the Ministry of Railways (MoR).

• The authorisation is in line with the mandate of the Ministry of Finance(MoF), MoR and RBI.
• The bank will be able to provide pension services to around 50,000 retirees each year across 17 zonal offices and 8 production units of the Indian Railways.

About Bandhan Bank Limited:
Managing Director(MD) & Chief Executive Officer (CEO)– Chandra Shekhar Ghosh
Headquarters – Kolkata, West Bengal
Established in – 2015
Tagline – Aapka Bhala. Sabki Bhalai

ECONOMY & BUSINESS

ADB raises India FY24 growth forecast to 6.7%
On December 13, 2023, the Asian Development Bank (ADB) in its Asian Development Outlook (ADO) December 2023 raised its economic forecast for India to 6.7% for Fiscal 2023-2024 (FY24) from the 6.3% forecast made in September 2023.
This increase is driven by India’s higher-than-expected gross domestic product (GDP) growth of 7.6% year-on-year in the July-September quarter.

• On the other hand, Real GDP growth for Q1 FY25 is projected at 6.7%; Q2 at 6.5%; and Q3 at 6.4%.
• India’s inflation also unchanged at 5.5% in FY24.

For Asia:
i.For whole of Asia, ADB projected its economic growth forecast in 2023 at 4.9% which higher than the September 2023 forecast of 4.7%.
ii.The outlook for 2024 is retained at 4.8%.
iii.Inflation has been lowered from the original 3.6% to 3.5% in 2023.

• In 2024, it is expected to be 3.6%, slightly higher than the previous forecast of 3.5%.

iv.ADB also revised the Developing Asia’s growth projection to 4.9% for the calendar year 2023 from 4.7% earlier, on account of robust domestic demand.
v.While, Southeast Asia will grow slower than expected due to downward revisions for Malaysia, Thailand, and Vietnam. It has been cut from 4.6% to 4.3%.
About Asian Development Bank (ADB):
President – Masatsugu Asakawa
Headquarters – Mandaluyong City, Manila, Philippines
Establishment – 1966
Members – 68

AWARDS & RECOGNITIONS

Indian Actor Kabir Bedi honoured with Italy’s Order of Merit

Kabir Bedi, a renowned Indian actor, was honoured  with “Officer Order of Merit of the Italian Republic” (Ufficiale Ordine al Merito della Repubblica Italiana), the one of the most prestigious Italian civilian award, for his contributions in promoting better relations between India and Italy.

• The Scroll of Honour was read aloud by Consul General Alessandro de Masi at a private ceremony held in Mumbai, Maharashtra.

Note:
The Scroll of Honour was signed by Italian President Sergio Mattarella and counter-signed by Italian Prime Minister(PM) Giorgia Meloni.
About Kabir Bedi:
i.Kabir Bedi is an international actor, writer and a producer.
ii.As an actor, he has worked in Bollywood, Hollywood, and Europe, in film television and theatre.
iii.He has also starred in the James Bond film “Octopussy” as Gobinda, villain’s aide.
iv.He has acted in more than 65 Hindi Movies which include Khoon Bhari Maang, Main Hoon Na, Mohenjo Daro.
v.In theatre, Kabir starred in M.M Kaye’s “Far Pavillions” in London’s West End at the Shaftesbury Theatre. He has also played the title role of “Othello”, and the role of Emperor Shah Jahan in “TAJ”, by Canada’s award-winning playwright John Murrell, which opened Toronto’s Luminato Theatre Festival.
vi.In 2010, Italian Government honoured him with Cavaliere Ordine al Merito della Repubblica Italiana (Knight of the Order of Merit of the Italian Republic), for his lifetime achievements as an actor.
About “Order of Merit of the Italian Republic”:
i.The Order of Merit was established in 1951 by Luigi Einaudi, the second President of Italy.
ii.The order is awarded for outstanding merits in the fields of literature, the arts and economy; philanthropic, social and humanitarian activities.
iii.The President of the Italian Republic is the Head of the Order.
iv.The degrees of the award is

• Knight Grand Cross with Colla – Cavaliere di Gran Croce Decorato di Gran Cordone Ordine al Merito della Repubblica Italiana
• 1st Class / Knight Grand Cross – Cavaliere di Gran Croce Ordine al Merito della Repubblica Italiana
• 2nd Class / Grand Officer – Grande Ufficiale Ordine al Merito della Repubblica Italiana
• 3rd Class / Commander – Commendatore Ordine al Merito della Repubblica Italiana
• 4th Class / Officer – Ufficiale Ordine al Merito della Repubblica Italiana
• 5th Class / Knight – Cavaliere Ordine al Merito della Repubblica Italiana

Telangana’s Tiriyani Block Ranked First in NITI Aayog’s Inaugural Delta Ranking of Aspirational Blocks Programme Tiriyani Block of Kumuram Bheem Asifabad district, Telangana secured the first position in the National Institution for Transforming India(NITI) Aayog’s inaugural delta rankings of Aspirational Blocks Programme (ABP) for the first Quarter of 2023-2024.

• The Kaushambi block of Kaushambi District in Uttar Pradesh secured second position.
• This is the first time that the ranking of blocks was calculated as part of the Aspirational Blocks Programme.

About Aspirational Blocks Programme:
The Aspirational Blocks Programme (ABP) was launched in January 2023 with a focus on improving governance to enhance citizens’ quality of life in underdeveloped blocks in India.
Ranking of Blocks Zone-wise:
i.the blocks are also divided geographically into six zones and ranking is given to two blocks from each zone.

• 500 blocks from 329 districts across 27 states and 4 Union Territories participated in the ranking.
• Apart from the overall ABP ranking, blocks are also ranked zone-wise.

Prize Money:
Category 1: Top two in the overall ABP ranking, Tiriyani Block and  Kaushambi block will get Rs 3 crore and Rs 2 crore respectively.
Category 2:The winners in Zone wise ranking will be awarded prize money of Rs 1.5 crore for the first rank and Rs 1 crore for the second rank.
About the Wall of Fame:
NITI Aayog displays the top rankers of ABP and Aspirational Districts Programme(ADP) on the wall of fame to showcase the projects undertaken by the Aspirational Blocks and Districts to improve their indicators by achieving commendable progress in their blocks and districts.
Performance Indicators:
i.The ranking of the blocks was calculated based on the performance of the blocks and the progress achieved in the Key Performance Indicators (KPIs) in June 2023.
ii.Ranking the blocks based on KPIs is a core strategy of the programme, which is based on the spirit of competitive and cooperative federalism.
Key People:
The rankings were announced at the event attended by  Suman Bery(Chairman, NITI Aayog), BVR Subrahmanyam (Chief Executive Officer, NITI Aayog), and NITI Aayog members, Prof. Ramesh Chand, Dr. V.K. Paul and Dr. Arvind Virmani
Additional Info:
ADP rankings for October 2023 were also announced, in which Rayagada (Odisha) and Jamui (Bihar) secured the first and second ranks respectively.

Royal Society of Chemistry: Prof Savita Ladage from Mumbai honoured with Nyholm Prize for Education
Savita Ladage Professor at Homi Bhabha Centre for Science Education, Tata Institute of Fundamental Research in Mumbai, Maharashtra, has been honoured with the Royal Society of Chemistry (RSC)’s Nyholm Prize for Education, in recognition for her contributions to chemistry education.

• As a part of the prize, Prof. Ladage will receive a cash prize of awarded 5,000 British pound sterling (GBP), along with a medal and a certificate.
• Savita Ladage has been honoured for advocating chemical education, including efforts like mentoring chemistry educators and initiating programs for teachers and students that promote chemistry education in India.

The Nyholm Prize for Education recognises inspirational, innovative, and dedicated individuals or teams making a substantial and sustained impact within education.

• The award runs annually but alternates between being open internationally and being open only to nominations from the United Kingdom(UK) and Ireland.

APPOINTMENTS & RESIGNATIONS

Vishnu Deo Sai Sworn in as 4th Chief Minister of ChhattisgarhVishnu Deo Sai of Bharatiya Janata Party(BJP) was sworn in as the 4th Chief Minister (CM) of Chhattisgarh. BJP legislators Vijay Sharma and Arun Sao were sworn in as the Deputy Chief Ministers.

• They were administered the oath of office and secrecy by Governor Biswabhusan Harichandan in Raipur, Chhattisgarh on 13th December 2023.
•  Vishnu Deo Sai replaced Bhupesh Baghel(Congress) who served as the CM of Chhattisgarh from 2018 to 2023.

About Vishnu Deo Sai:  
i.Vishnu Deo Sai became the first tribal chief minister of Chhattisgarh.
ii.Vishnu Deo Sai served as the Member of the Parliament(MP) from the  Raigarh Lok Sabha constituency from 1999 to 2019( four consecutive terms).

• He was appointed as the Union Minister of State (MoS) for mines, steel, and labour and employment in 2014.

iii.He had won two consecutive Assembly elections in 1990 and 1993 from the Tapkara constituency in the undivided Madhya Pradesh assembly before the state of Chhattisgarh was formed.
About the election:
i.In the Chhattisgarh assembly general election, BJP won 54 of the 90 seats while Congress won 35 seats. Gondvana Gantantra Party (GGP) has won 1 seat.
iii.Vishnu Deo Sai was elected as the Member of Legislative(MLA) from the Kunkuri Assembly constituency.
About Chhattisgarh: 
Chhattisgarh was created as an Indian state on 1st November 2000 by partitioning 16 Chhattisgarhi-speaking southeastern districts of Madhya Pradesh.
Chief Minister (CM) – Vishnu Deo Sai
Governor – Biswabhusan Harichandan
Dances – Panthi Dance, Raut Nacha, Gendi
Festivals – Bastar Dussehra, Bastar Lokotsav, Fagun Wadai

ACQUISITIONS & MERGERS

Bain Capital Sold 1.08% Stake in Axis Bank for Rs 3737 Cr
Bain Capital, an American Private Equity (PE) firm, has sold 1.08% stake or 33.38 million shares worth Rs 3737 crore in Axis Bank in a block trade.
The shares were sold by 3 affiliate firms of Bain Capital: BC Asia Investments VII, BC Asia Investments III and Integral Investments South Asia IV at Rs 1119.7 apiece.

• This was the 2nd sell down of Axis bank by Bain in 2023. Previously, in June 2023, Bain has sold 0.73% stake for Rs 2178 crore at Rs 968 per share.
• In November 2017, Bain had bought stake worth Rs 6,854 crore in Axis Bank and has sold shares in several tranches since then.

Note:
The block trade was carried out by Goldman Sachs Group, Inc..
The top buyers of the shares includes Société Générale S.A., Goldman Sachs, Union Bank of Switzerland (UBS) and Morgan Stanley & Co Limited Liable Company (LLC.)
About Axis Bank Limited:
Managing Director(MD) & Chief Executive Officer (CEO)– Amitabh Chaudhry
Headquarters – Mumbai, Maharashtra
Established in – 1993
Tagline – Badhti Ka Naam Zindagi

SCIENCE & TECHNOLOGY

KPIT Unveils India’s First Sodium-Ion Battery TechnologyKPIT Technologies unveiled India’s first Sodium (Na)-Ion battery technology which was developed in collaboration with the Indian Institute of Science Education and Research (IISER), Pune, Maharashtra.

• KPIT is the first company in India and the fourth in the world to possess a proven technology solution for sodium-ion battery storage.
• The technology can reduce the cost of an Electric Vehicle(EV) battery by 25-30% as compared to current lithium-ion batteries.

About Sodium (Na)-Ion battery:
i.Sodium-ion batteries are considered alternatives to lithium-ion batteries, leveraging the abundance and lower cost of sodium.

• Lithium availability is limited to only a few countries like China, Bolivia, etc.

ii.Sodium Ion batteries can significantly reduce import dependency on core battery materials.
Advantages:
i.Sodium-ion battery technology offers an extended lifespan with 80% capacity retention for 3000-6000 cycles and faster charging capability as compared to lithium-ion batteries and increases uptime of the vehicle.
ii.One of the key advantages of sodium-ion batteries over lithium-ion batteries is their superior sub-zero temperature tolerance.
iii.The battery also possesses high-temperature tolerance with minimal thermal management.
iv.The battery is available in multiple variants with diverse performance characteristics and energy density ranging from 100-170  Watthour/ kilogram (Wh/Kg).
Applications:
i.The battery finds its application in the automotive and mobility sector, especially for electric two and 3-wheelers and commercial vehicles.
ii.These batteries are also used in stationary deployments, such as Uninterruptible Power Supply (UPS) backups and grid storage, as well as in the marine and defence sectors.
About KPIT Technologies:
Co-founder, Managing Director(MD) & Chief Executive Officer(CEO) – Kishor Patil (Ravi Pandit is also the co-founder)
Headquarters – Pune, Maharashtra
Established in – 1990

Ministry of Defence Approved Rs. 2800 Cr Order for Buying 6,400 Rockets for Pinaka Weapon SystemThe Ministry of Defence (MoD) has approved the Rs 2,800 crore proposal to purchase about 6,400 rockets for Pinaka Multi-Barrel Rocket Launcher (MBRL) systems, for boosting the Indian Army’s capabilities.
Key Points:
i.MoD’s Defence Acquisition Council (DAC) approved the proposal for the acquisition of 2 variants of these rockets, known as Area Denial Munition Type 2 and Type-3.
ii.The Indian Army will only purchase the rockets from domestic suppliers and the 2 main contenders are Munitions India Limited and Economic Explosives Limited of Solar Industries.
Note: Munitions India Limited is one of the ammunition-producing companies created by the corporatisation of the erstwhile Ordnance Factories.
Pinaka MBRL System:
i.Named after the bow of the Hindu deity ‘Shiva’, the Indian-made Pinaka weapon system was developed by the Defence Research and Development Organisation (DRDO) of India.

• It stands as a battle-proven, all-weather artillery weapon system, strategically designed for indirect area fire.

ii.The system is designed to deliver a large volume of fire swiftly, making it a difficult force against critical targets.
iii.The rocket system, which is currently in service with the Indian Army, can fire a salvo of 12 rockets in 44 seconds.
iv.The Pinaka system one of the first few military technologies to be exported from India to foreign countries like Armenia.
Points to note:
i.Private companies involved in the project include Larsen & Toubro (L&T), Tata Defence, and Economic Explosives Limited which have set up production lines for the Pinaka system that are being supplied in bulk to the armed forces.
ii.22 Pinaka MBRL regiments are needed by the army as part of larger plans for artillery modernization.
iii.The Indian Army’s Pinaka regiments are comprised of command posts and launchers with automated gun aiming and positioning systems.

Indian Navy Commissioned INS Tarmugli at Naval Dockyard in Visakhapatnam
On December 14, 2023, The Indian Navy commissioned the Fast Attack Craft, Indian Naval Ship (INS) Tarmugli at the Naval Dockyard in Visakhapatnam, Andhra Pradesh(AP). VAdm Sandeep Naithani, Chief of Materiel was the Chief Guest for the commissioning ceremony.

• The ship has served under the flags of 2 nations (India and Maldives) and bearing 3 names (INS Tillanchang; MCGS Huravee and INS Tarmugli) during its commendable service. 3
• The vessel was build by Garden Reach Shipbuilders and Engineers, Kolkata, West Bengal in 2001.

Details:
i.It was commissioned in the Indian Navy as INS Tillanchang, a Trinkat Class ship, and served till 2006. It was gifted to Maldives National Defence Force (MNDF) as a part of diplomatic outreach in Indian Ocean Region (IOR).
ii.On 16 April 2006, the MNDF commissioned the ship as MCGS Huravee and was decommissioned in May 2023 and was returned to the Indian Navy.
iii.Indian Navy has repaired and upgraded the ship a the Naval Dockyard, Visakhapatnam, and commissioned it as INS Tarmugli.
Note: Indian Navy has provided an in-service Waterjet Fast Attack Craft, INS Tarmugli, to MNDF as the new MCGS Huravee.

IMPORTANT DAYS

National Energy Conservation Day 2023- December 14 National Energy Conservation Day is annually observed across India on 14 December to raise awareness about the importance of conserving energy and to promote sustainable energy practices. The day also aims to showcase the achievements of India in energy efficiency and conservation.

• The National Energy Conservation Day is annually organised by the Bureau of Energy Efficiency (BEE), under the Ministry of Power, Government of India (GoI).

Background:
i.BEE launched the National Energy Conservation Awards (NECA) in 1991 to recognise the contributions of industries and establishments to reduce energy consumption while maintaining their production by felicitating them with Energy Conservation Awards.
ii.The Awards were given away for the 1st time on December 14, 1991. Since then, the day (14th December) has been marked as the National Energy Conservation Day.

• The National Energy Conservation Day was 1st observed on December 14, 1991.

About the Bureau of Energy Efficiency (BEE):
GoI set up BEE on 1st March 2002 under the Energy Conservation Act, 2001 provisions to reduce the energy intensity of the Indian economy.
Director General– Abhay Bakre
Headquarters– New Delhi, Delhi
>> Read Full News

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