Who among the following has introduced various incentive provisions in support of the EC Act?

Who among the following has introduced various incentive provisions in support of the EC Act? Correct Answer BEE

Energy Conservation Act, 2001:

The Government of India set up the Bureau of Energy Efficiency (BEE) on 1st March 2002 under the provisions of the Energy Conservation Act, 2001.

The mission of the Bureau of Energy Efficiency is to assist in developing policies and strategies with a thrust on self-regulation and market principles, within the overall framework of the Energy Conservation Act, 2001 with the primary objective of reducing the energy intensity of the Indian economy. 

The Major Promotional Functions of BEE:

  • Create awareness and disseminate information on energy efficiency and conservation 
  • Arrange and organize training of personnel and specialists in the techniques for efficient use of energy and its conservation
  • Strengthen consultancy services in the field of energy conservation 
  • Promote research and development 
  • Develop testing and certification procedures and promote testing facilities
  • Formulate and facilitate implementation of pilot projects and demonstration projects
  • Promote the use of energy-efficient processes, equipment, devices, and systems
  • Take steps to encourage preferential treatment for use of energy-efficient equipment or appliances 
  • Promote innovative financing of energy efficiency projects
  • Give financial assistance to institutions for promoting the efficient use of energy and its conservation 
  • Prepare educational curriculum on efficient use of energy and its conservation 
  • Implement international co-operation programs relating to efficient use of energy and its conservation.

Related Questions

The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: In the wake of globalization and digitization of the manner in which the business are conducted, the IT/ITES industry holds a significant place in the future business scenario. The Economic Survey 2017-18 mentioned that the IT/ITES services industry in India has scaled to around $140 billion during 2016-17. India today is globally the top outsourcing destination accounting for more than half of the market share. The IT/ITES industry has contributed around 7.7% of the country's GDP and according to IBEF is a key employment generator with a projection of creating 1.3-1.5 lakh new jobs annually. Which among the following arguments support the above statement in the best possible manner? Arguments: I. The Government has also provided considerable inputs to the industry with its various flagship programmes such as Digital India, Smart Cities, e-Governance coupled with a drive towards a cashless economy. II. The Government has been pro-active in considering demands of the industry and providing timely respite from the teething troubles under GST as well.  III. The IT/ITES industry is a labour intensive industry and a large scale employment generator. It is a common practice across the industry to provide various privileges and facilities to their staff in order to boost employee retention rates in their organisation.