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ESE 2019 Notes – Current Issues Day 03 | Free |

In this article we are sharing the ESE 2019 Notes of Current Issues – Day 03 , candidates are requested to read the article.

ESE 2019 Notes : General Studies And Engineering Aptitude

Exam – ESE 2019

Stage – Prelims Stage 01

Paper Code – ESE GS&EA

Topic – ESE 2019 Notes Current Issues

Sub Topic – ESE 2019 Notes Economy And Industrial Development


1. Strategic Petroleum Reserves

  • To ensure energy security, the Government of India had decided to set up 5 million metric tons (MMT) of strategic crude oil storages at three locations namely, Visakhapatnam, Mangalore and Padur (near Udupi). These strategic storages would be in addition to the existing storages of crude oil and petroleum products with the oil companies and would serve as a cushion during any external supply disruptions.
  • In the 2017-18 budget, it was announced that two more such caverns will be set up in Chandikhole in Jajpur district of Odisha and in Bikaner in Rajasthan as part of the second phase.
  • The construction of the Strategic Crude Oil Storage facilities is being managed by Indian Strategic Petroleum
    Reserves Limited (ISPRL), a Special Purpose Vehicle, which is a wholly owned subsidiary of Oil Industry Development Board (OIDB) under the Ministry of Petroleum & Natural Gas.

2. Carnot Prize

  • Ministry of Railways and Coal will receive the University of Pennsylvania’s top prize in energy policy for his leadership in reforming India’s power sector through various initiatives.
  • The Carnot Prize is intended to honour those leading revolutions in energy policy to further progress and prosperity.
  • The ministry is being recognised for directing a fast-track effort to electrify 18,000 villages in remote parts of India, helping bridge the country’s vast energy divide.
  • The Carnot Prize is named in memory of French scientist Sadi Carnot, who in 1824 published Reflections on the Motive Power of Fire, which is recognised as the first statement of what, is now known as the second law of
  • Carnot recognised that the power of the steam engine would produce a great revolution in human development.

3. World’s highest railway line

  • Indian railways is planning to connect New Delhi with Ladakh region through the world’s highest railway line that will run along the India-China border. The national transporter plans to build a strategically-important
    Bilaspur-Manali- Leh line along the Indo-China border.At 5360 above sea level, this will be the world’s highest railway track .
  • The project will include 74 tunnels, 124 major bridges, and 396 minor bridges, according to the first phase. It will be a 465 km long line to be built at a cost of Rs 83,360 crore. The railway line connects four mountain passes, Rohtang La, Barlacha La, Lachung La, and Tangla La.
  • The line is strategically important and will provide all-weather surface connectivity to far-flung areas of Ladakh region. It will also boost tourist inflow, which will be beneficial for the local population. Travel time will be
    reduced by half and the rail project will be executed in a way that it need not close during extreme weather.
  • Also, India’s first railway station inside a tunnel will come up in Himachal Pradesh.

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