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Saturday 9 May 2020

Perform, Achieve and Trade Scheme

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The foundation and idea behind myupsc.com is to address the useful and good quality study material in English medium for aspirants who are preparation for UPSC Indian Administrative Services (UPSC) and State PSC Exams. UPSC PSC General Studies Must Read Books for Prelims and Mains Exam. Perform, Achieve and Trade Scheme

Current Affairs Yearbook 2020 for UPSC PSC Exams

Current Affairs Yearbook 2020 Useful for UPSC & PSC Exams

Current Affairs Yearbook 2020: Current Affairs are essential for the preparation of the UPSC CSE & PSC examination. The UPSC, State PSC prelims and mains examination demand conceptual clarity of current affairs, Clearing the UPSC CSE & State PSC examination requires a complete, holistic and comprehensive understanding of concepts in the news and current affairs which has been provided by MYUPSC.COM in very crisp and meticulous notes covering all notable and crucial State, national and international current affairs. Perform, Achieve and Trade Scheme

A good understanding of current affairs is central to success in the UPSC, State PSC examination for aspirants. Since it is a strenuous and gruelling task for aspirants to cover current affairs daily and revise it well, MYUPSC.COM prepares crisp and concise notes that covers the important topics relevant from UPSC CSE examination perspective by referring daily newspapers, the Press Information Bureau (PIB), reliable sources like government magazines, for example, the Yojana and the Kurukshetra, etc. It is relevant for all freshers and veterans in the examination, as it is important to cover all aspects of a current affairs topic, which is holistically and entirely covered by MYUPSC.COM daily, weekly, monthly and yearly basis.


Perform, Achieve and Trade Scheme

  • India’s Bureau of Energy Efficiency (BEE) launched its ‘Perform, Achieve and Trade’ (PAT) scheme with the aim to make the industrial sector energy efficient.
  • The scheme has set energy efficiency targets for industries, those that fail to achieve targets will have to pay penalty.
  • PAT has been launched under the National Mission for Enhanced Energy Efficiency, one of the eight missions under the umbrella National Action Plan on Climate Change, launched in June 2008.
  • In its first cycle of three years, the scheme covers eight energy guzzling sectors—thermal power, aluminum, cement, fertilizer, iron and steel, pulp and paper, textiles and chlor-alkali.
  • Together, these sectors account for 40 per cent of India’s primary energy consumption.
  • PAT is a market based mechanism in which sectors are assigned efficiency targets.
  • Industries which over-achieve will get incentives in the form of energy saving certificates.
  • These certificates are tradeable and can be bought by other industries which are unable to achieve their targets.
  • These certificates will be tradeable at two energy exchanges: Indian Energy Exchange and Power Exchange India.
  • The price of these certificates will be determined by the market.


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