Telangana Affairs
GMR Hyderabad International Airport Limited (GHIAL), which owns and operatesHyderabad airport, is set to invest over Rs 500 crore towards metro connectivity at the airport. As per the company, theTelangana governmenthad sought financial contribution fromGHIALfor the metro project.
Considering the importance of providing metro rail connectivity for passengers, the board of GHIAL has recommended that it provides support up to 10% of the project cost.
The project cost of metro line would be around Rs 5000 crore and the company will be investing Rs 519.52 crore in the project, as per the report Application for determination of aeronautical tariffs for the third control period (April 1, 2021 to March 31, 2026) submitted to the Airport Economic Regulatory Authority (AERA).
GHIAL is also investing Rs 300 crore towards airfield pavement enhancement and Rs 75 crore on airfield ground lighting upgrade. The company has awarded the contract and works are in full swing to complete the same while air traffic movement is contained due toCovidand said it expects to complete it in the next 10 months, as per the report.
National and International Affairs
New Registration for New Cars – BH Series
Road Transport and Highways Ministry has introduced a new registration mark for new cars i.e. Bharat series (BH-series).
The automobiles bearing the BH-series mark will now not have to require the task of a new registration mark when the vehicle’s owner moves from one State to the other state.
Earlier, under part forty seven of the Motor Vehicles Act, 1988, if a character strikes from one country to another, a character is allowed to maintain the vehicle for not more than 12 months in any kingdom different than the nation where the car is registered, but a new registration has to be made with the new state- registering authoritywithin the stipulated time of 12 months.
This facility is on hand on a voluntary foundation to Defense personnel, personnel of Central Government/ / Central/ State Public Sector Undertakings & private area companies/organizations, which have their places of work in 4 or extra States/Union territories.
Foundation Day for AREAS
Association of of States (AREAS) celebrates 7th Foundation Day.
The Association of Renewable Energy Agencies (AREAS) came into existence in 2014 on the initiative of the Ministry of New & Renewable Energy.
All national nodal agencies for renewable power are participants of AREAS.
On this platform, they can research from each others experience in the merchandising of renewable energy in the country.
The Union Minister in charge of New and Renewable Energy is the Ex-Officio Patron of the Association and Secretary, MNRE is the ex-officio President of the Association.
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.