First Green Hydrogen of India

Indian Oil will construct Indias first Green Hydrogen Plant at Mathura refinery. This plant will be an addition in order to amplify the existing crude oil refining capability by using 25 million tonnes per annum.

Indian Oil has been pursuing its ambitious plans of hydrogen manufacturing throughout a range of sorts such as in renewable electricity to generate green hydrogen.

Recently, Indian oil carried out a current hydrogen fuel mobile experiment in Delhi, in which 50 CNG BS-IV buses were transformed to run on HCNG fuel. This scan has revealed good sized advantages in decreasing exhaust emissions and enhancing fuel economy.

Indian Oil is also in a system to set up one-tonne per day ability to pilot plant life on the basis of four progressive hydrogen manufacturing

technologies.

MoU Between ICAI and IPAR

Cabinet approved the signing of an Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and the Institute of Professional Accountants of Russia (IPAR).

Details:

The MoU would assist in establishing mutual cooperation in the areas of Professional Accountancy Training, Professional Ethics, Technical Research, Advancement of

Accounting Knowledge, Professional and Intellectual Development.

The MoU is also expected to supply an extra impetus to potential ICAI Members to get professional opportunities in Russia in a brief to lengthy time period in the future.

The Institute of Professional Accountants of Russia (IPAR) is the greatest non-profit association of accountants in Russia.

August 31st – International Day for People of African Descent

The UN International Day for People of African Descent is celebrated for the first time on 31 August 2021.

Highlights:

The United Nations goals to promote the fantastic contributions of the African diaspora round the world and to remove all types of discrimination against people of African descent.

The 2020 year marked the midterm of the International Decade for People of African Descent. While some proceedings has been made at legislative, coverage and institutional levels, human beings of African descent proceed to go

through intersectional and compounded varieties of racial discrimination, marginalization, and exclusion.

First Stage of Cycles4change Challenge

The list of awardees for the India Cycles4change stage 1 programme was announced by the Ministry of Housing and Urban Affairs.

Highlights:

The government has bestowed the prestigious

title of India’s Top 11 Cycling Pioneers on 11 cities.

The award marks the start of the next season of the Cycles4Change Challenge in India. 107 cities across the country have

gathered to test, learn and promote different Cycling -friendly programs.

Project BOLD by KVIC and BSF

KVIC and BSF launch Project BOLD in Jaisalmer to combat and boost the rural economy.

About BOLD:

The project called “Bamboo Oasis on Drought Lands” (BOLD) is the first exercise of its kind in India and was launched on July 4, 2021 from the tribal village of Nichla Mandwa in Udaipur, Rajasthan.

Project Bold is a one-of-a-kind scientific exercise with the dual national goals of reducing desertification and providing livelihood and multi-disciplinary rural Industry.

Its goal is to increase tribal peoples’ income while also addressing environmental concerns.

It is in line with Prime Minister Narendra Modi’s call to reduce land degradation and prevent desertification in the country by establishing bamboo-based green patches of land in arid and semi-arid areas.

The project was initiated by the Khadi and Village Industries Commission (KVIC), which is part of the Ministry of Micro, Small, and Medium Enterprises.

It has been launched as part of KVICs “Khadi Bamboo Festival” to celebrate the 75th anniversary of independence “Azadi ka Amrit Mahotsav”.

IFSCA Regulations 2021 – Financial Services

International Financial Services Centre ( Intermediaries) Authority Regulations 2021 is in news.

IFSCA proposes enacting a regulatory framework for capital market intermediaries operating in IFSC, with a focus on Ease of Doing Business and in accordance with the fundamental principles established by the International Organization of Securities Commissions.

The proposed IFSCA (Capital Market Intermediaries) Regulations, 2021 (Intermediaries Regulations) provide, among other things, for regulatory requirements regarding registration, obligations and responsibilities, inspection, and enforcement of various types of capital market intermediaries such as clearing members, broker dealers, Investment bankers, depository participants, portfolio managers, and investment advisers, credit rating agencies, custodians, debenture trustees and account aggregators.

Juvenile Justice Care and Protection of Children Amendment

The Rajya Sabha has passed the juvenile (care & protection of children) amendment bill. It was previously approved by the lower house in March 2021. The purpose of the bill is to amend the Juvenile Justice Act of 2015.

The amendments include authorizing district magistrates (including additional district magistrates) to issue adoption orders under section 61 of the Juvenile Justice Act to ensure that cases are handled quickly and to strengthen accountability.

The District Magistrates have been given additional authority to ensure its smooth implementation and to coordinate efforts in support of children in distress.

Under the amended provisions of the Act, any Child Care Institution must be registered after considering the District Magistrate’s recommendations.

The criteria for appointing members of the Child Welfare Committee have been revised. There are also disqualification criteria for the same.

It has been decided that offences where the maximum sentence is more than 7 years in prison but no minimum sentence has been prescribed or a minimum sentence of less than 7 years is provided will be treated as serious offences under this Act.

Vaidehi Dongre Crowned as Miss India USA

Vaidehi Dongre, a 25-year-old young lady from Michigan, has been delegated Miss India USA 2021 at the excellence event. Arshi Lalani from Georgia was pronounced the primary next in line and North Carolina’s Mira Kasari was proclaimed the second place.

92% travellers opt for domestic adventures in India: Survey

Tracking consumertravelsentiment across India this summer, a global travel technology company has published its Summer Vacation Index 2023. As per the report, the travel resurgence continues strong, with 82% Indians intending to travel during this summer season. TheCOVIDtravel restriction-induced trend of rediscovery of our own countrysbeautyalso continues strong with a staggering 92% planning to explore domestic destinations.

As travel sentiments started to improve in early 2022, most people travelled to reunite with friends and family whom they hadn’t seen since the pandemic’s onset. However, this year brings about a complete

shift in preferences. As per the survey, 59% travellers preferred to travel to rest and rejuvenate, followed by 19% adrenaline junkies seeking thrills and adventure this summer.

PM Narendra Modi to Inaugurate Indias First Water Metro, Will Improve Connectivity Around Kochi

Kochi Water Metro Project, Indias first-ever initiative to enhance the port citys development. On April 25, 2023 (Tuesday) Prime Minister Narendra Modi will put this water metro service into action. With this, the Kochi Water Metro, the country’s first water metro service, on April 25. This transport system will link about 10 island communities in and around Kochi with the mainland.

Centre-state company Kochi Metro Rail Limited (KMRL) made the proposal for this watercraft and it received the final Environment clearance in October 2019. While the cost of this innovative metro has been Rs 1,136.83 crore, this is going to accelerate living across the Greater Kochi region.

The Kochi Water Metro project has been jointly subsidized by the Government of Kerala and KfW, Germans leading financial agency. Keralas CM Pinarayi Vijayan tweeted on April 22 (Saturday) stating

that the nation will now have the top-notch Kochi Water Metro service will be functional soon.

About the availability of seeds in the district under various schemes, he

said 1,786 quintals of wheat, 2,246 quintals of maize and 127.6 quintals of paddy seeds had been distributed among farmers.