India aspires to achieve 100 metric ton coal gasification target by 2030
Union Minister of Coal and Mines, Shri Pralhad Joshi while addressing a webinar on coal gasification and liquefaction, reveals India’s aim to achieve 100 metric ton of coal gasification by the year 2030. He stresses the necessity of the step and adds that the government has provided for a concession of 20% on a revenue share of coal used for gasification, as a step toward encouraging the use of clean sources of fuel.
Seven day State Mourning to be observed throughout the country in the memory of Pranab Mukherjee
In the memory of Shri Pranab Mukherjee – former President of India, who expired at Army Research & Referral Hospital, New Delhi on 31st August 2020 – the government of India announces seven days long State Mourning to be observed throughout India from 31.08.2020 to 06.09.2020, both days inclusive.
Indian Railway is set on the goal to become a complete Green mode of Transportation
Indian Railways aim to produce solar energy for meeting all its energy consumption needs by 2030. It has already solarized more than 960 stations, 550 more to be executed with 198 MW solar rooftop capacity. In line with the Prime Minister’s recent directives, Indian Railways are to solarize railway stations and utilize vacant railway land for Renewable Energy (RE) projects.
CSIR-CMERI develops the world’s largest solar tree
CSIR-CMERI has developed the World’s Largest Solar Tree, installed at CSIR-CMERI Residential Colony, Durgapur. The Solar tree is designed in a specialized manner to expose each solar panel to direct sun rays and creating the least shadow underneath. The capacity of the Solar Tree is above 11.5 kWp, having the annual capacity to generate 12,000-14,000 units of Clean and Green Power.
The Labour Bureau releases CPI-IW for July 2020
An attached office of the Ministry of Labour & Employment, the Labour Bureau has released a compiled Consumer Price Index for Industrial Workers (CPI-IW) for the month of July 2020, on the basis of the retail prices of selected items collected from 289 markets spread over 78 industrially important centres in the country. The July Index shows increment by 4 points and the status at 336. On 1-month percentage change, it has shown an increase by (+) 1.20 per cent between June and July, 2020 compared to (+) 0.95 per cent increase between the same months of the previous year.
Rare Renati Chola Era inscription unearthed
A rare inscription dating back to the 8th Century Renati Chola era has been unearthed in a remote village of Kadapa district of Andhra Pradesh. The inscription is engraved in a dolomite slab and shale, first identified by Vasudeva Reddy, an M.A. History and Archeology student of Yogi Vemana University. The language and the characters on the inscription decipher that it was written in Archaic Telugu and belonged to the reign of the Chola Maharaja of Renadu. The inscription has been shifted to be preserved in the State Archeological Museum at Mylavaram in Jammalamadugu Mandal.
No MCI quota for in-service candidates
A five-judge Constitution bench of the Supreme Court, led by Justice Arun Mishra stated that no state can devise a quota for in-service candidates, pursuing a postgraduate medical degree or diploma courses. Justice Mishra also added that the Medical Council of India (MCI) is a creation of statute under Entry 66 of List 1 of the Constitution, and its role is to coordinate and determine the standards of medical education.
However, separate judgements delivered by Justices M.R. Shah and Aniruddha Bose reveal that States can provide a separate channel for the entry of in-service doctors, seeking admission in postgraduate or diploma courses under Entry 25, List 3 of the Constitution.
Mustapha Adib was chosen as PM by Lebanon’s leaders
Mustapha Adib, a former envoy to Germany was chosen as the Prime Minister of Lebanon by its leaders mere hours before French President Emanuel Macron was due to visit. The diplomat has been chosen and endowed with the responsibility to tackle the country’s dire political and economical situation.
Adib acknowledges his role and in a televised speech reveals that the country needs to form a government and look into the reforms due to be made. He is to resume talks with the International Monetary Fund for assistance to the country’s economical crisis topped by the Beirut explosion.
The World’s Number 2 in Chess Olympiad: K. Humpy
Humpy plays a major role in India being declared as the joint winner along with Russia in the online Chess Olympiad. The 33-year-old mother faced off-beat struggles, leaving behind her 2-year-old daughter to play in her parent’s home in Vijayawada, as it would have affected her performance. She beat Monika Socko of Poland in the semi-finals and pushed India in the finals.
RBI to ease liquidity further and conduct special OMOs
The Reserve Bank of India decides to ease liquidity pressures further as yields rise on government’s securities and concerns of higher government borrowing. Additionally, it has decided to conduct special Open Market Operations (OMO) to ensure orderly market conditions and congenial financial conditions. The central bank’s decision came simultaneously with the government’s announcement of the GDP shrink. However, RBI is determined to put into action all its instruments to revive the economy, mitigate the impact of COVID-19 and revive the economy to sustainable growth while preserving macroeconomic and financial stability.