• Every year on the 20th of August India observers Akshay Urja Diwas or Renewable Energy Day. Akshay Urja Diwas 2022 or Renewable Energy Day aims to spread awareness about the development and adoption of renewable energy in India.
• Akshay Urja Diwas 2022, marks its importance by promoting and lining up the alarming rate of depletion of Natural resources. This day makes people aware of the use of natural resources like wind energy, solar energy, and hydropower.

HISTORY

• Akshay Urja Diwas was first established in 2004to support renewable energy development programs in India and promote the usage of natural resources. In 2004, the first event was facilitated by then Prime Minister Manmohan Singh, where he released a stamp with 12000 children forming a human chain to promote the use of green energy sources.

• The Secretary General of BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) Tenzin Lekphell will arrive in Delhi on a 4-day official visit.
• The Secretary General is visiting India on the invitation of Saurabh Kumar, Secretary, Ministry of External Affairs.

ABOUT

• BIMSTEC is a regional multilateral organization comprising 7 Member States lying in the littoral and adjacent areas of the Bay of Bengal.
• It came into being on 6 June 1997 through the Bangkok Declaration.
• The seven Member States ae Bangladesh, Bhutan, India, Nepal, Sri Lanka, Myanmar and Thailand.
• It has its secretariat at Dhaka, Bangladesh.

• Greece has announced that it has exited the European Union’s enhanced surveillance framework. Country’s Prime Minister Kyriakos Mitsotakis made this announcement.
• Mitsotakis said, it ends 12 years of pain and allows the country greater freedom in policymaking. EU officials had confirmed yesterday’s exit earlier this month, saying Athens had delivered on the bulk of its commitments.
• Greece was hit with waves of pension cuts, spending constraint, tax increases and bank controls after it was forced to seek its first bailout in 2010. The economy shrank 25 per cent during the bailouts.
• Greek economic developments and policy have been monitored under the framework since 2018, after Athens exited three international bailouts, totaling more than 260 billion euros, from the European Union and the IMF between 2010 and 2015.

• National Skill Development Corporation, NSDC in partnership with Seva Bharti and Yuva Vikas Society launched the second phase of Grameen Udyami Project to augment skill training in tribal communities for their inclusive and sustainable growth. Under the initiative, the endeavour is to multiskill India’s youth and impart functional skills to them for enabling livelihoods.
• Launching the programme, Tribal Affairs Minister Arjun Munda said, Central Government’s complete focus is on strengthening sustainable livelihood for tribal population and it has sanctioned a budget of 85 thousand crore rupees exclusively for tribal areas.

About

About Gramin Udyami Project:

• It is a unique multiskilling project.
• It is funded by NSDC.
• Its target is to train 450 tribal students in Jharkhand and Madhya Pradesh.
• The project is being implemented in 6 states: Chhattisgarh, Gujarat, Jharkhand, Maharashtra, Madhya Pradesh, and Rajasthan.
• The training will be provided for the following Job roles:
• Electrician & Solar PV Installation Technician
• Plumbing & Masonry
• 2-Wheeler Repair & Maintenance
• IT/ITES with e-Governance
• Farm Mechanization
• The project is implemented under Sansadiya Parisankul Yojana.

• The Central government has awarded Geographical Indication (GI) tag to Mithila Makhana. With this move, growers will get the maximum price for their premium produce. Over five lakh farmers of Mithila region of Bihar will be benefitted from this decision.
• Makhana” is one of the choicest aquatic cash fruit crops of Mithila region of Bihar. In Mithila culture of Bihar, Makhana is known as Makhaan in Maithili. It is an auspicious ingredient in offerings to the God and Goddesses during festivals and is used to show reverence.
• The word “Makhana” comes from the Sanskrit word for grain Mak. Mak is the meaning of sacrifice.
• Geographical area of production of “Mithila Makhana” takes place in 21 out of 38 districts, mostly situated in the North of the Bihar state.
• Its major regions include Darbhanga, Muzaffarpur, Champaran, Begusarai, Madhubani, Katihar among many others.
• Commerce and Industry Minister Piyush Goyal said, Mithila Makhana registered with GI Tag, farmers will get profit and it will be easier to earn. Due to Geographical Indication Tag to Mithila Makhana in the festive season, people outside Bihar will be able to use this auspicious material with reverence.
• Once a product gets this tag, any person or company cannot sell a similar item under that name. This tag is valid for a period of 10 years following which it can be renewed.
• The other benefits of GI registration include legal protection to that item, prevention against unauthorised use by others, and promoting exports.

About Geographical Indication (GI)

• It is an insignia on products having a unique geographical origin and evolution over centuries with regard to its special quality or reputed attributes.
• It is a mark of authenticity and ensures that registered authorized users or at least those residing inside the geographic territory are allowed to use the popular product names.
• GI tag in India is governed by Geographical Indications of Goods (Registration & Protection) Act, 1999.It is issued by the Geographical Indications Registry (Chennai).

• The 800-metre-long railway bridge over the Chakki river on the border of Punjab and Himachal in Kangra district collapsed.
• The flash flood in the Chakki washed away the weakened pillar of the bridge.
• With this, the narrow-gauge train service between Pathankot and Jogindernagar will remain suspended till a new pillar of the bridge is constructed.
• The 90-year-old railway bridge was weakened following illegal mining in the riverbed.
• The railway authorities had repeatedly complained regarding the damage being caused to the bridge due to illegal mining.

History

• The idea for Kangra Valley Railway was conceptualised during 1926 and commissioned in 1929.
• When it was started, this line was used mainly for transporting freight during the Second World War.
• It started carrying people from 1929 onwards. During this war, the rail services were disturbed because of some problem in the rail lines.
• However, renovation work was carried out in the tracks and it was open again to the public after about a dozen years.
• Again during 1973, the service got realigned to a slight extent as the Pong Dam was established and hence, rail lines were again cut off for three years.
• The three sections of this railway line are divided into the stretches of 12 km, 130 km and 22 km respectively.
• The first runs between Pathankot and Chakki Bridge, the second section runs between Chakki Bridge and Baijnath Paprola (pilgrimage route) and the third section runs between Baijnath Paprola and Joginder Nagar station.

• The state-level Janmashtami festival was celebrated with religious fervour in the historical Brij Raj Swami temple.
• The Brij Raj Swami temple in the historical Nurpur fort is the only shrine in the world where an idol of Meera is worshipped alongside Lord Krishna’s.
• The first issue of the souvenir ‘Brijraj’ was released.

• The Union Cabinet has approved the enhancement in the limit of Emergency Credit Line Guarantee Scheme (ECLGS) by Rs 50,000 crore from Rs. 4.5 Lakh crore to 5 Lakh crore, with the additional amount being earmarked exclusively for enterprises in hospitality and related sectors.
• The increase has been done on account of the severe disruptions caused by COVID-19 pandemic on hospitality and related enterprises.

Implementation schedule:

• ECLGS is a continuing scheme.  The additional amount of Rs. 50,000 crore would be made applicable to enterprises in hospitality and related sectors till validity of the scheme which is 31.3.2023.

Impact:

• ECLGS is an already operational scheme and on account of the disruptions caused by the COVID 19 pandemic on hospitality and related sectors, Government has specifically earmarked an amount of Rs. 50,000 crore for enterprises in these sectors.
• The enhancement is expected to provide much needed relief to enterprises in these sectors by incentivizing lending institutions to provide additional credit of up to Rs. 50,000 crore at low cost, thereby enabling these business enterprises to meet their operational liabilities and continue their businesses.
• Loans of about Rs. 3.67 Lakh crore have been sanctioned under ECLGS till 5.8.2022.

Background:

• The ongoing pandemic has adversely impacted contact-intensive sectors, especially the hospitality and related sectors more severely.  While other sectors were back faster on the path of recovery, demand continued to be subdued for these sectors for longer period, suggesting the need for suitable interventions for their sustenance and recovery.
• Further, given their high employment intensity and their direct and indirect linkages with other sectors, their revival is also necessary for supporting overall economic recovery.
• Recognising this, in Union Budget 2022-23, it was announced to extend validity of ECLGS upto March, 2023 and increase in the limit of guaranteed cover of ECLGS by Rs. 50,000 crore to total cover of Rs. 5 Lakh core, with the additional amount being earmarked exclusively for the enterprises in hospitality and related sectors.
• With high immunization levels, progressive roll-back of restrictions and overall economic recovery, conditions are in place for sustained growth in demand for these sectors as well.
• This additional guarantee cover is expected to support the recovery of these sectors as well.  This additional guarantee cover is expected to support the recovery of these sectors.

• The Union Cabinet, chaired by the Prime Minister, was apprised of the signing of Contract between the Organisation for Economic Cooperation and Development (OECD), France on behalf of the International Transport Forum and the Technology Information, Forecasting and Assessment Council (TIFAC), India to support the International Transport Forum (ITF) activities on the Indian Transport Sector.
• The Contract was signed on 6^thJuly, 2022.

The activities to be carried out under this Contract will lead to:

• New scientific results
• New policy insights
• Capacity building through increase scientific interaction
• Identification of technology options for decarbonization of transport sector in India.

About

• The International Transport Forum at the OECD is an intergovernmental organisation with 64 member countries.
• It acts as a think tank for transport policy and organises the Annual Summit of transport ministers.
• ITF is the only global body that covers all transport modes. The ITF is administratively integrated with the OECD, yet politically autonomous.

• The ambitious project aims to reintroduce the animal to its native place Tasmania to revive the region’s lost ecological balance.
• Tasmanian Tiger (Thylacinus cynocephalus), the only animal in the Thylacinidae family to survive in modern times, was a marsupial mammal that raises young ones in a pouch.
• Even though the species earned its nickname Tasmanian Tiger because of the stripes along its back, it was a slow-paced carnivorous that usually hunted alone or in pairs at night.
• The sharply clawed animal had a dog-like head and ate kangaroos, other marsupials, small rodents, and birds.
• Once widespread in the grass and woodlands of continental Australia extending north to New Guinea and south to Tasmania, the animal’s fate changed after the European Colonisation of Australia.
• The animals were reported to have eaten poultry of farmers, and were killed following official authorisation.