1) International Day for the Preservation of the Ozone Layer 2022: 16th September
•World Ozone Day or the International Day for the preservation of the Ozone Layer is observed on the 16th of September. The day aims to create awareness about the importance and need of the Ozone layer which is the single protection on Earth against UV rays coming out from the sun. The UN Environment Programme also aims to bring awareness about the importance of getting rid of the substances that damage the ozone layer. It also calls for taking time-targeted actions to protect Earth’s protective shield.
International Day for the Preservation of the Ozone Layer: Theme
•The theme announced by the UN Environment Programme for International Day for the Preservation of the Ozone Layer 2022 is ‘Global Cooperation Protecting Life on Earth’. The Montreal Protocol’s impact is recognized with this theme and brings to notice the ‘need to act in collaboration, forge partnerships and develop global cooperation to address climate challenges and protect life on earth for future generations.
2) Andhra Pradesh, Odisha Attract Maximum Industrial Investment In 2022
•Andhra Pradesh has ranked one on the list of states in attracting industrial investments in the first seven months of 2022. According to the Department for Promotion of Industry and Internal Trade (DPIIT), Andhra Pradesh has generated an investment of Rs 40,361 crore. Andhra Pradesh stood at 45 percent of the total investment that the entire country got from January to July 2022. India got a total investment of Rs 1,71,285 crore by the end of July as per the DPIIT data.
•Andhra Pradesh rolled out its new ‘industrial Development Policy 2022-2023’ which focuses on a sustainable development model of growth, Infrastructure development, and asset creation. The Industrial Development Policy 2020-2023 aims to improve the ease of doing business and incentivize high-value additional industrial investments. In July 2022, Karnataka generated an investment of Rs 3712 crore, Gujarat generated an investment of Rs 2969 crore, and Odisha generated an investment of Rs 1493 crore.
3) Jharkhand ups reservations for SC, ST, and others to 77%
•Jharkhand Government agreed to the proposal for granting 77 percent reservation in state government jobs for the SC, ST, Backward Classes, and OBC and further economically weaker sections. The chief minister of Jharkhand Hemant Soren hiked the OBC reservation to 27 percent which was earlier 14 percent. The Jharkhand Government also accepted the proposal to use the 1932 land records to determine those who are local inhabitants.
4) Sikkim government hikes minimum wage by 67%
•The Sikkim government hiked the minimum wage for unskilled workers by 67 percent to Rs 500. The daily wage for unskilled laborers was Rs 300 which is now increased to Rs 500 with retrospective effect from 11th July 2022. The daily wage for semi-skilled workers was increased from Rs 320 to Rs 520. The skilled laborers or workers will now get Rs 535, which was earlier Rs 335. Highly skilled labor will be paid Rs 565 per day, instead of Rs 365 per day.
5) Fitch Cuts India’s Economic Growth Forecast for FY23 to 7% from Previous Estimate of 7.8%
•Fitch Ratings slashed India’s GDP growth projection for FY23 to 7 per cent, saying the economy is expected to slow against the backdrop of the global economy, elevated inflation and high-interest rate. In June, it had forecast 7.8 per cent growth for India. As per official GDP estimates, the Indian economy expanded 13.5 per cent in the June quarter, higher than the 4.10 per cent growth clocked in January-March. The RBI expects the economy to grow 7.2 per cent in the current fiscal year.
6) PM Modi In Samarkand, Will Meet President Xi
•Prime Minister Narendra Modi arrived here to attend the Shanghai Cooperation Organisation (SCO) summit, which is set to deliberate on regional security challenges, boosting trade and energy supplies among other issues. The SCO is holding its first in-person summit in Samarkand in Uzbekistan after two years. The summit will also see the participation of Russian President Vladimir Putin and Chinese President Xi Jinping. Modi is also expected to hold bilateral meetings on the sidelines of the summit, including with Putin, and Uzbek President Shavkat Mirziyoyev among other leaders.
7) Eastern Economic Forum And India’s Act Of Balancing
•On September 8, Prime Minister Narendra Modi virtually addressed Russia’s Eastern Economic Forum 2022 held in Vladivostok. With the outbreak of the Ukraine war participation and attendance at this forum is significant messaging. While Russian President Vladimir Putin was of course in attendance, along with him were Armenian PM Nikol Pashinyan, Mongolia PM Luvsannamsrain Oyun-Erdene, Commander-in-Chief of the Armed Forces of Myanmar Min Aung Hlain, Chairman of the Standing Committee of the National People’s Congress of China Li Zhanshu, while Malaysian Prime Minister Ismail Sabri Yacob and Vietnam PM Pham Minh Tinh participated virtually.
8) Senior IAS BVR Subrahmanyam appointed as next CMD, ITPO
•BVR Subrahmanyam (lAS) has been appointed as the new Chairman & Managing Director of the India Trade Promotion Organization (ITPO). He will be replacing LC Goyal. The Appointments Committee of the Cabinet approved the appointment of Subrahmanyam on September 15. A 1987 batch Indian Administrative Services officer of Chhattisgarh cadre, he is currently working as the Secretary, Department of Commerce, Ministry of Commerce and Industry. Senior IAS Subrahmanyam has been appointed to the post on a contractual basis for two years.
