PIB Daily

PIB Daily – 8th January 2020 – IASToppers

Farmer Connect Portal; Agricultural and Processed Food Products Export Development Authority (APEDA); Farmer Producer Organisation (FPO); 2nd edition of National GST Conference; Financial Intelligence Unit (FIU); Bureau of Energy Efficiency (BEE); Indian Seasonal Energy Efficiency Ratio (ISEER); etc.
By IASToppers
January 08, 2020

Contents

Economy

  • Farmer Connect Portal
  • 2nd edition of National GST Conference

Environment, Ecology & Disaster Management

  • BEE Notifies New Energy Performance Standards for Air Conditioners 
 
[Note: Today’s PIB Daily News are already covered in Today’s Current Affairs Analysis. This PIB News Analysis news are only for those who wants to get only PIB news]

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Economy

Farmer Connect Portal

800 Farmer Producer Organisations (FPOs) registered on Farmer Connect Portal of Agricultural and Processed Food Products Export Development Authority (APEDA).

800 FPOs registered on Farmer Connect Portal of APEDA

  • A Farmer Connect Portal has been set up by APEDA on its website for providing a platform for Farmer Producer Organisations (FPOs) and Farmer Producer Companies (FPCs) to interact with exporters.

What is FPO?

  • A Farmer Producer Organisation (FPO), formed by a group of farm producers, is a registered body with producers as shareholders in the organisation.
  • It deals with business activities related to the farm produce and it works for the benefit of the member producers.

About APEDA:

APEDA is an apex body of the Ministry of Commerce to promote the export of agricultural commodities and processed food products.

Agricultural and Processed Food Products Export Development Authority (APEDA)

  • APEDA was established by the Government of India under the Agricultural and Processed Food Products Export Development Authority Act 1985.
  • The Authority replaced the Processed Food Export Promotion Council (PFEPC).
  • APEDA links Indian exporters to global markets besides providing comprehensive export oriented services.
  • APEDA provides referral services and suggest suitable partners for joint ventures.
  • APEDA’s export basket ranges from typically Indian ethnic products like pickles, chutneys, sauces, curries etc. to rice, honey, fresh and processed fruits and vegetables, beverages, guar gum, poultry, livestock products, confectionery, cut flowers, food grains, aromatic plants and other Indian delicacies.
  • Vietnam, UAE, Saudi Arabia, USA, Iran, Iraq and Nepal are the major destinations for export of food products from India.
  • APEDA has marked its presence in almost all agro potential states of India and has been providing services to agri-export community through its head office, five Regional offices and 13 Virtual offices.

Composition of the APEDA Authority:

As prescribed by the statute, the APEDA Authority consists of the following members namely:

Agricultural and Processed Food Products Export Development Authority (APEDA) 2

  • A Chairman, appointed by the Central Government
  • The Agricultural Marketing Advisor to the Government of India, ex-offical.
  • One member appointed by the Central Government representing the Planning Commission
  • Three members of Parliament of whom two are elected by the House of People and one by the Council of States
  • Eight members appointed by the Central Government representing respectively; the Ministries of the Central Govt.

Products Monitored by APEDA:

APEDA is mandated with the responsibility of export promotion and development of the following scheduled products:

  • Fruits, Vegetables and their Products.
  • Meat and Meat Products.
  • Poultry and Poultry Products.
  • Dairy Products.
  • Confectionery, Biscuits and Bakery Products.
  • Honey, Jaggery and Sugar Products.
  • Cocoa and its products, chocolates of all kinds.
  • Alcoholic and Non-Alcoholic Beverages.
  • Cereal and Cereal Products.
  • Groundnuts, Peanuts and Walnuts.
  • Pickles, Papads and Chutneys.
  • Guar Gum.
  • Floriculture and Floriculture Products.
  • Herbal and Medicinal Plants.
[Ref: PIB]

 

2nd edition of National GST Conference

The National GST Conference of the Commissioners of State Tax and Chief Commissioners of Central Tax was held under the chairmanship of Revenue Secretary, Ministry of Finance.

2nd National GST Conference held for streamlining GST system

  • The multi-faceted Conference was focused on brainstorming session for streamlining Goods and Services Tax (GST) system and plugging revenue leakages.
  • Deliberations were held on a mechanism and machinery for sharing inter-departmental data on quarterly basis among various agencies and State Tax Administrations etc. in order to achieve efficiency in curbing evasion and augment revenue collection.

Recommendations:

  • To constitute a Committee of Centre and State officers to examine and implement quick measures in a given timeframe to curb fraudulent refund claims including the inverted tax structure refund claims and evasion of GST.

GST-system.jpg

  • Considering fraudulent IGST refund claims, it was explored to link foreign exchange remittances with IGST refund for risky and new exporter.
  • All major cases of fake Input Tax Credit, export/import fraud and fraudulent refunds shall also be compulsorily investigated by investigation wing of the Income Tax Department.
  • To explore access to banking transactions including the bank account details by GST system, in consultation with RBI and NPCI.
  • To make GST system aligned with FIU for the purpose of getting bank account details and transactions and also PAN based banking transaction.
  • To share data of cases involving evasion and fraudulent refund detected by CBIC with CBDT and vice versa to make proper profiling of these fraudsters.
  • To undertake verification of unmatched Input Tax Credit availed by taxpayers.

Financial Intelligence Unit (FIU)

  • The Financial Intelligence Unit was set up in 2004 under Ministry of Finance.

Financial Intelligence Unit (FIU)

  • It is a central national agency responsible for receiving, processing, analysing and disseminating information relating to suspected financial transactions to enforcement agencies and foreign FIUs.

 [Ref: PIB]

 

Environment, Ecology & Disaster Management

BEE Notifies New Energy Performance Standards for Air Conditioners

The Central Government in consultation with the Bureau of Energy Efficiency (BEE) has notified new energy performance standards for Room Air Conditioner (RACs).

BEE Notifies New Energy Performance Standards for Air Conditioners 3

  • It made the 24 degrees Celsius as default setting mandatory from Jan 1, 2020 for all room air conditioners covered under the ambit of BEE star-labelling program.
  • The Indian Seasonal Energy Efficiency Ratio (ISEER) as per the new standards will range from (3.30 – 5.00) for split and (2.70 – 3.50) for window air conditioners, which will be applicable from 1st January 2021 onwards.

INDIAN SEASONAL ENERGY EFFICIENCY RATIO (ISEER):

  • ISEER is the energy performance index used for Room Air Conditioners (RACs).
  • BEE has defined ISEER for ACs as a star rating method for India from January 2018.
  • ISEER is the ratio of Cooling Seasonal Total Load (CSTL) to Cooling Seasonal Energy Consumption (CSEC) i.e. the ratio of the total annual amount of heat that the equipment can remove from an indoor space when operated in active mode to the total annual amount of energy consumed by the equipment during the same period.
  • Energy efficiency of an AC has been calculated based on average performance at outside temperatures between 24 and 43 degree Celsius based on Indian weather data.

ABOUT BEE:

  • Bureau of Energy Efficiency was established by the Government of India on March 1, 2002 under the provision of Energy Conservation Act, 2001.

BEE Notifies New Energy Performance Standards for Air Conditioners

  • BEE is a statutory body under the Ministry of Power, Government of India.
  • It is assisted in developing policies and strategies with the primary objective of reducing the energy intensity of the Indian economy.
  • BEE coordinates with designated consumers, designated agencies, and other organization to identify and utilize the existing resources and infrastructure, in performing the functions assigned to it under the energy conservation act.
  • To promote energy efficiency and conservation, BEE introduced star rating system (varying from 1-5) for various electrical appliances such as air conditioners, ceiling fans, colour televisions, etc., based on their power consumption.
  • The star rating system is a labelling system, under which the manufacturer is required to place a label indicating how much electricity the appliance is likely to consume under pre-set conditions.

REGULATIONS BY BEE:

  • BEE launched the voluntary star labelling program for fixed-speed room air conditioners (RACs) in 2006, and this program became mandatory on 12th January 2009.

BEE Notifies New Energy Performance Standards for Air Conditioners 2

  • Thereafter, in 2015, voluntary star labelling program for inverter room air conditioners was launched and which was made mandatory with effect from 1st January 2018.
  • The BEE star labelling program for Room Air Conditioners now covers both fixed and inverter RAC up to a cooling capacity of 10,465 watts (2.97 TR).
  • Continual enhancement in performance levels has resulted in substantial energy efficiency improvement of about 43% in the minimum energy performance standards (MEPS) for split units, which are the most popular RACs sold in the market.
[Ref: PIB]
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