Tag: current affairs

Edusprint Youtube Channel : Edusprint Academy

We at Edusprint Academy are committed to bringing you the most relevant and updated 27th December current affairs 2024, curated from trusted and official sources. These updates are designed to keep you ahead in your exam preparation journey.

Our comprehensive Current Affairs December 2024 coverage aims to enhance your knowledge and boost your scores in Banking, Insurance, SSC, Railways, UPSC, and all State Government Exams. Explore our Current Affairs tailored to simplify your exam preparation

National news

India State of Forest Report (ISFR) 2023:

The 18th edition of the India State of Forest Report (ISFR 2023) was released on December 21, 2024, by Union Minister Bhupender Yadav at the Forest Research Institute (FRI), Dehradun, Uttarakhand.

Forest & Tree Cover Statistics:

Total forest and tree cover in India stands at 827,357 sq km (25.17% of the country’s geographical area).

• Forest cover: 715,343 sq km (21.76% of India’s area).
• Tree cover: 112,014 sq km (3.41% of India’s area).

The total area of forest cover has increased by 1,445 sq km since 2021, with a notable rise of 156 sq km in forest cover.

Top States with Largest Forest Cover:

• Madhya Pradesh (MP) has the highest forest cover at 77,073 sq km.
• Arunachal Pradesh (AR) follows with 65,882 sq km.
• Chhattisgarh ranks third with 55,812 sq km.

About Forest Survey of India (FSI): FSI was established in 1981, evolving from the Pre-Investment Survey of Forest Resources (PISFR), a project initiated in 1965 by the Food and Agriculture Organization (FAO), United Nations Development Programme (UNDP), and the Government of India (GoI).

The ISFR is published biennially, and it provides valuable insights into the state of forest resources in India.

Losar Festivities Illuminate Ladakh with Culture and Unity

Ladakhi Losar, marking the New Year in the Tibetan calendar, is a vibrant festival celebrated with great enthusiasm across Ladakh. Deeply rooted in the region’s culture and heritage, Losar is more than a festive occasion; it is a time for reflection, community bonding, and the preservation of Ladakhi traditions. This year’s celebrations are particularly notable as they coincide with Christmas and New Year, creating a grand and inclusive festive atmosphere.

Overview:

• Ladakhi Losar marks the New Year in the Tibetan calendar, celebrated with enthusiasm across Ladakh.
• Organized by LAHDC Leh with the Culture Academy, Leh.
• Festivities (Dec 20-31) included cultural performances, choirs, and market promotions in Leh.

Purpose & Vision:

• Bring traditions closer to urban areas and inspire villagers to preserve customs.
• Offer tourists a glimpse into Ladakhi heritage.

Culture & Heritage:

• Focus on preserving traditions while adapting to modern times.
• Promoted eco-friendly practices like cleaning homes, lighting butter lamps, and fostering harmony.
• Featured traditional dishes and community feasts.

Adapting Traditions:

• Emphasis on systematic adaptation to balance heritage and change.
• Gradual development respecting Ladakhi societal values.

Cultural Documentation: LAHDC’s initiative documents the culture of 133 villages in Leh through audio, video, and written formats for preservation.

Significance:

• Promotes unity, wisdom, and harmony.
• Highlights Ladakhi culture globally with messages of love, kindness, and peace.

Ladakh:

• Capitals: Leh, Kargil
• Lieutenant Governor: B. D. Mishra

Indore Airport Launches Waste Processing Unit In Green Initiative

IndiGo’s CSR initiative, IndiGoReach, has launched the Zero Waste Airport Project at Indore Airport, in partnership with the Airports Authority of India (AAI) and AAS Foundation, Indore. This project aims to create a sustainable and eco-friendly airport by utilizing the 4R strategy: Reduce, Reuse, Recycle, and Recover. By reducing the environmental impact of airport operations, the initiative sets a new benchmark for waste management in aviation, focusing on behavioral change, stakeholder engagement, and training.

Key Features:

Material Recovery Facility (MRF):

• Inaugurated by Shri Rammohan Naidu, Union Minister of Civil Aviation.
• Sorts dry waste into 10 categories for recycling.
• Offers guided tours to showcase waste segregation processes.

Wet Waste Processing Unit:

• Converts organic waste into nutrient-rich compost.
• Compost used for airport landscaping.

Delhi Waste Management Plant: Processes 750 kg of daily waste on-site, reducing landfill dependency.

Self-Sustaining Model: Income from compost and recycled materials will fund green workers’ salaries from the third year onward.

Public Awareness and Engagement: Campaigns and waste segregation practices encourage responsible waste disposal by passengers and staff.

Madhya Pradesh:

• Capital: Bhopal (Executive Branch)
• Governor: Mangubhai C. Patel
• CM: Dr. Mohan Yadav

Agreement news

GSV and Indian Navy Sign MoU to Enhance Logistics Education and Research

In December 2024, Gati Shakti Vishwavidyalaya (GSV) based in Vadodara, Gujarat, and the Indian Navy (IN) signed a Memorandum of Understanding (MoU) to improve logistics education, research, and training for the Navy.

Key Details:

• Signatories: The MoU was signed by Vice Admiral Deepak Kapoor, Controller of Logistics of the Indian Navy, and Professor Manoj Choudhary, Vice-Chancellor of GSV.
• Objective: The partnership aims to strengthen the Indian Navy’s logistics capabilities by focusing on supply chain management, integrated transportation systems, and sustainable logistics practices.
• Technology Integration: The MoU also promotes the sharing of expertise and case studies on Artificial Intelligence (AI), predictive analytics, and blockchain technology to improve logistics operations.
• National Initiatives: The collaboration aligns with and supports significant national projects like the Pradhan Mantri Gati Shakti National Master Plan (PMGS-NMP) 2021 and the National Logistics Policy (NLP) 2022.

About GSV: Gati Shakti Vishwavidyalaya (GSV) was established in 2022 as a central university under the Ministry of Railways (MOR), aiming to advance education in logistics and related fields.

Gujarat:

• Capital: Gandhinagar
• Governor: Acharya Devvrat
• Chief minister: Bhupendra Patel

Banking news

ADB to Lend USD $500 Million to India for Sustainable Infrastructure

On December, 2024, the Government of India and the Asian Development Bank (ADB) signed a $500 million loan agreement.

The loan, with a sovereign guarantee, will support green infrastructure projects aligned with India’s climate goals.

The funds will be channeled through India Infrastructure Finance Company Limited (IIFCL) to finance projects in energy transition, urban development, education, and healthcare.

Key Objectives:

• Empower IIFCL: Focus on integrating green practices in infrastructure development.
• Sustainable Projects: Ensure that infrastructure projects in sectors like energy, connectivity, and healthcare are both economically viable and environmentally sustainable.
• Minimizing Carbon Footprint: Projects will be designed to reduce their carbon footprint, contributing to India’s net-zero emissions target.

Enhancing IIFCL’s Capacity:

• Sustainability Unit: The loan agreement includes establishing a dedicated sustainability unit within IIFCL.
• Environmental Framework: The unit will develop and enforce a sustainability framework, creating a scoring system to assess the green credentials of infrastructure projects.
• Building Institutional Capacity: Strengthening IIFCL’s ability to handle the growing demand for climate-aligned infrastructure in India.

Asian development bank:

• Headquarters: Mandaluyong, Philippines
• Founded: 19 December 1966
• President: Masatsugu Asakawa (until February 23, 2025), Masato Kanda

Award news

100th Edition of Tansen Sangeet Samaroh Celebrated in Gwalior

The 100th edition of the Tansen Sangeet Samaroh, one of India’s most iconic classical music festivals, took place from December 15 to 19, 2024, in Gwalior, Madhya Pradesh (MP). This prestigious festival was organized by the Department of Culture, MP, with Dharmendra Singh, the Culture Minister of MP, as the chief guest at the award ceremony.

Highlights of the Event:

Honoring Music Legends: Renowned tabla player Padma Shri Pandit Swapan Chaudhuri was conferred with the ‘Rashtriya Tansen Samman 2023’, recognizing his contributions to Indian classical music.

Raja Mansingh Tomar Samman: The ‘Raja Mansingh Tomar Samman 2023’ was awarded to Sanand Nyas Institution of Indore for its role in preserving and promoting classical music and cultural heritage. The award was accepted by Jayant Madhav Bhise, President, and Sanjeev Babikar, Secretary of Sanand Nyas.

About the Awards:

• Rashtriya Tansen Samman: Established in 1980 by the MP Government, this is India’s highest music award in the classical music field. It includes a cash prize of Rs. 5 lakh and a citation plaque.
• Raja Mansingh Tomar Samman: This award recognizes outstanding contributions to Indian classical music, drama, and cultural events, with a cash prize of Rs. 5 lakh and a citation plaque.
• Pandit Swapan Chaudhuri: Born in 1945 in Kolkata, West Bengal, Pandit Swapan Chaudhuri is a renowned tabla virtuoso.

He has received multiple prestigious awards, including the Sangeet Natak Academy Award (1996) and the Padma Shri (2019) in the field of Art-Music-Tabla.

Pandit Chaudhuri has also earned the American Academy of Artists Award and was nominated for the Percussive Arts Society Hall of Fame.

Gwalior as UNESCO City of Music: Gwalior, a city known for its rich musical heritage, is recognized by UNESCO as a City of Music, reflecting its historical significance in the cultural and classical music landscape.

69th Ati Vishisht Rail Seva Puraskar (AVRSP 2024) Conferred to Railway Officials

In December 2024, Union Minister Ashwini Vaishnaw, representing the Ministry of Railways (MOR), Ministry of Information and Broadcasting (MoI&B), and Ministry of Electronics and Information Technology (MeitY), presented the prestigious 69th Ati Vishisht Rail Seva Puraskar (AVRSP 2024) to 101 Railway officials and 22 Railway Zones at a ceremony held at Bharat Mandapam, New Delhi.

The theme for this year’s ceremony was “Mai Hoon Bhartiya Rail,” celebrating the pride and dedication of Indian Railways.

Key Highlights of the Ceremony:

Dignitaries Present: The event was attended by Satish Kumar, Chairman & CEO of the Railway Board, Union Minister of State (MOS) V Somanna (MoR and Ministry of Jal Shakti), Union MoS Ravneet Singh (MoR and Ministry of Food Processing Industries), along with members of the Railway Board and General Managers (GMs) from various Railway Zones and Production Units.

About the Ati Vishisht Rail Seva Puraskar: The AVRSP is awarded to railway employees for exceptional performance in various fields.

The awards are presented in two categories:

• Individual Awards: Recognizing personal achievements in different aspects of railway services.
• Shields to Best-Performing Railway Zones: Awarded to the top-performing zones for their excellence.

Key Areas of Recognition:

Innovation and Productivity Enhancement: 15 employees and officers were honored for driving innovation and improving productivity, focusing on reducing import dependency and promoting indigenous technology.

Bravery and Selflessness in Safeguarding Lives: 16 employees were recognized for their exceptional bravery and selfless acts in ensuring the safety of passengers and staff, particularly in safeguarding railway property and preventing accidents.

About Indian Railways (IR):

• Chairman & CEO: Satish Kumar
• Headquarters: New Delhi, Delhi
• Established: 1853

Science and tech news

Shenzhou-19 Astronauts Set World Record for Longest Spacewalk

In December 2024, two astronauts from China’s Shenzhou-19 mission aboard the Tiangong Space Station (TSS) successfully completed their first Extravehicular Activity (EVA), setting a new world record for the longest spacewalk, lasting 9 hours. This historic achievement surpassed the previous record of 8 hours 56 minutes, set by NASA astronauts James Voss and Susan Helms in 2001.

Key Details:

• Mission Commander Cai Xuzhe and Song Lingdong conducted the spacewalk outside the Tiangong Space Station in Low Earth Orbit (LEO).
• The astronauts wore second-generation “Feitian” spacesuits, which marked a significant advancement over the first-generation suits used in China’s first spacewalk in 2008.
• During the spacewalk, they completed tasks such as installing debris protection on the exterior of the space station.

History of Spacewalks:

• 1965: The Soviet Union became the first country to conduct a spacewalk, lasting about 12 minutes.
• 2008: China’s first spacewalk was performed by Zhai Zhigang during the Shenzhou-7 mission, lasting nearly 19 minutes.
• May 2024: Shenzhou-18 astronauts Ye Guangfu and Li Guangsu set China’s previous EVA record of 8.5 hours working outside the TSS.

About Shenzhou-19 Mission:

Launch Date: October 2024

• The Shenzhou-19 spaceship was launched with Mission Commander Cai Xuzhe, Song Lingdong, and Wang Haoze onboard. The mission will last 6 months, and its purpose is to continue operations at the Tiangong Space Station.
• The spacecraft was launched atop a Long March-2F carrier rocket from the Jiuquan Satellite Launch Centre in northwest China.

About China:

• President: Xi Jinping
• Capital: Beijing
• Currency: Renminbi (CNY)

State news

Governance Reshuffle: President Droupadi Murmu’s New Appointments and Transfers

In a significant move to address political, administrative, and security challenges, President Droupadi Murmu announced the appointment of two new governors and reassigned three others across five states. This reshuffle is part of a strategic approach to strengthen leadership in regions facing unrest, administrative issues, and security concerns. The states involved are Kerala, Bihar, Odisha, Manipur, and Mizoram.

• Ajay Kumar Bhalla Appointed as Governor of Manipur Replaces: Anusuiya Uikey
• Arif Mohammed Khan Transferred to governor Bihar Previous Role: Governor of Kerala
• Rajendra Vishwanath Arlekar Transferred to governor Kerala Previous Role: Governor of Bihar
• Hari Babu Kambhampati Transferred to governor Odisha Previous Role: Governor of Mizoram
• General Dr. Vijay Kumar Singh Appointed as Governor of Mizoram Replaces: Hari Babu Kambhampati

Political and Administrative Implications

Addressing Regional Challenges: Ajay Kumar Bhalla’s appointment to Manipur is vital due to the state’s ongoing ethnic violence and security concerns. His leadership is expected to bring stability and effective governance.

Balancing Political Dynamics: The exchange of governors between Kerala and Bihar reflects efforts to ease political tensions and ensure smoother governance in both states.

Strategic Appointments:

• General V.K. Singh’s military experience brings a strategic perspective to Mizoram, enhancing its security framework.
• Hari Babu Kambhampati’s transfer to Odisha ensures continuity in leadership and administration.

Administrative Expertise:

• All appointments highlight the emphasis on appointing experienced and capable leaders to address the complex challenges facing these states.
• This reshuffle aims to strengthen governance and resolve key issues in these states, ensuring more effective leadership in the face of growing political, administrative, and security concerns.

Dr. Ambedkar Samman Yojana

The Aam Aadmi Party (AAP), led by Arvind Kejriwal, has introduced the Dr. Ambedkar Samman Yojana, aiming to support Dalit students pursuing higher education abroad. The announcement, made just before the Delhi Assembly elections, is seen as a strategic move to win over Dalit voters, linking the initiative with the legacy of Dr. B.R. Ambedkar’s vision of educational empowerment for marginalized communities.

Purpose of the Scheme

Objective: To support Dalit students pursuing higher education abroad.

Coverage: The scheme will cover all educational expenses, including:

• Tuition fees
• Travel costs

Other essential expenditures

Goal: To remove financial barriers, ensuring Dalit students can pursue their educational aspirations without monetary constraints.

Political Context and Criticism

• Announcement Timing: Just before the Delhi Assembly elections, AAP introduced the scheme to appeal to Dalit voters by linking it to Dr. B.R. Ambedkar’s legacy.
• Opposition: The BJP has criticized the initiative, accusing AAP of rebranding unfulfilled promises from previous years and questioning its transparency and funding.
• AAP’s Defense: AAP’s Chief Minister, Atishi, emphasized the government’s consistent commitment to education, pointing out that 25% of the Delhi government’s budget has been allocated to education in the last decade. The new scholarship program is presented as part of the effort to realize Dr. Ambedkar’s vision of educational empowerment for marginalized communities.

Appointment news

Tonga Elects Aisake Valu Eke as New Prime Minister

Tonga’s parliament has elected veteran politician Aisake Valu Eke as its new Prime Minister after Siaosi Sovaleni’s abrupt resignation. The political transition comes at a time of significant challenges, including strained monarchy-government relations, economic hardships, and the aftermath of natural disasters.

Maia Sandu Sworn in as President of Moldova for 2nd Term

Ms Maia Sandu was sworn in as the President of the European country of Moldova for her second term of four years on 24 December 2024.

• Ms Maia Sandu first became the President of Moldova in 2020. She is the first woman to become the President of the country after it gained Independence in 1991, following the collapse of the Soviet Union.
• According to the constitution of Moldova, a person can be the President of the country for two terms of four years each.
• During her rule, the country moved away from Russia and sought closer ties with the European Union. In 2022, Moldova applied for membership in the 27-nation European Union.

About Moldova  It is a landlocked country in Europe.

• Capital: Chișinău
• Currency: Moldovan leu
• President : Maia Sandu

Sports news

33 medals for India at Asian Youth and Junior Weightlifting C’ship 2024

The young Indian weightlifters finished their campaign at the Asian Youth and Junior Weightlifting Championships 2024 with a credible 33 medals – seven gold,16 silver, and 10 bronze medals. Jyoshna Sabar of Uttar Pradesh stood out with three gold medals and a new Asian record.

In the 2023 Asian Youth and Junior Weightlifting Championships held in Greater Noida, Uttar Pradesh, the Indian weightlifting contingent finished with a total of 42 medals.

Organiser &Host of the 2024 Championships: The  Asian Youth and Junior Weightlifting Championships 2024 was organized by the Asian Weightlifting Federation in Doha, Qatar from 19-25 December 2024.

Notable Performers:

• Jyoshna Sabar (Uttar Pradesh) led with 3 Gold Medals and set a new Asian record in the women’s youth 40kg category (Total Lift: 135kg).
• Payal won 2 Gold and 3 Bronze medals.
• Sanjana won 5 Silver medals.

Details of Medal Winners:

Asian Junior Weightlifting Championships 2024:

Silver Medalists:

• Sanjana – Women’s 76kg (Clean and Jerk, Total)
• Nilam Devi – Women’s Junior 55kg (Snatch, Clean and Jerk, Total)
• Maibam Martina Devi – Women’s Junior +87kg (Total, Clean and Jerk)
• Valluri Ajaya Babu – Men’s Junior 81kg (Snatch)

Bronze Medalists:

• Payal – Women’s Junior 45kg (Total, Clean and Jerk)
• Shankar Lapung – Men’s Junior 61kg (Total)
• Maibam Martina Devi – Women’s Junior +87kg (Snatch)

Asian Youth Weightlifting Championships 2024:

Gold Medalists:

• Jyoshna Sabar – Women’s Youth 40kg (Total, Snatch, Clean and Jerk)
• Payal – Women’s Youth 45kg (Total, Snatch)
• Koyel Bar – Women’s Youth 55kg (Clean and Jerk)
• Sairaj Pardeshi – Men’s Youth 81kg (Total)

Silver Medalists:

• Preetismita Bhoi – Women’s 45kg (Clean and Jerk)
• Koyel Bar – Women’s 55kg (Total)
• Sanjana – Women’s 76kg (Snatch, Clean and Jerk, Total)
• Sairaj Pardeshi – Men’s 81kg (Snatch, Clean and Jerk)
• K Oviya – Women’s 81kg (Clean and Jerk)

Bronze Medalists:

• Payal – Women’s 45kg (Clean and Jerk)
• Babulal Hembrom – Men’s 49kg
• Asmita Dhone – Women’s 49kg (Clean and Jerk)
• Koyel Bar – Women’s 55kg (Snatch)
• Parv Chaudhary – Men’s 96kg (Clean and Jerk, Total)

M Raghu & Devika Sihag crowned 2024 Sr National Badminton Champion

Important days

International Day of Epidemic Preparedness

The International Day of Epidemic Preparedness, observed annually on December 27, serves as a global reminder of the critical importance of investing in public health systems to prevent, detect, and respond to infectious disease outbreaks. Established by the United Nations General Assembly in 2020, this observance aims to raise awareness, educate the public, and strengthen partnerships for epidemic preparedness. Born out of the experience with the COVID-19 pandemic, the day highlights the urgent need for resilient healthcare systems and collaborative international efforts to address health threats effectively.

Global Insights:

• The World Health Organization (WHO) emphasizes building resilient health systems.
• Epidemic preparedness includes raising awareness, sharing scientific knowledge, and implementing education and advocacy programs.
• The COVID-19 pandemic highlighted the urgency for strong public health systems.

Obituary news

Former PM Dr Manmohan Singh passes away at 92

Former Prime Minister Dr Manmohan Singh passed away in New Delhi last night. He was 92. Dr Singh breathed his last at All India Institute of Medical Sciences, Delhi. He was admitted to the Emergency ward of AIIMS around 8 PM in a critical condition.

Dr. Manmohan Singh, former Prime Minister of India, served from 2004 to 2014. Here are some key points about his tenure as Prime Minister:

• Tenure: Dr. Manmohan Singh served as India’s 14th Prime Minister for two consecutive terms, from May 22, 2004, to May 26, 2014.
• Economic Reforms: He is widely credited with being the architect of India’s economic liberalization in the early 1990s as the Finance Minister. As Prime Minister, he continued to implement key economic reforms, including measures aimed at boosting India’s global trade, improving infrastructure, and increasing foreign investment.
• Strengthening Foreign Relations: Dr. Singh played a significant role in strengthening India’s foreign relations, particularly with countries like the United States, Russia, China, and the neighboring South Asian nations. The Indo-US nuclear deal in 2008 was one of the most significant foreign policy achievements of his tenure.
• Leadership During Global Financial Crisis: His leadership during the 2008 global financial crisis was praised for steering India’s economy through turbulent times while maintaining growth rates. His government also introduced several fiscal stimulus measures to counter the global downturn.
• Focus on Social Welfare: Dr. Singh’s government focused on inclusive growth, with a strong emphasis on social welfare programs such as the National Rural Employment Guarantee Act (NREGA) and the Right to Information Act (RTI), which aimed to improve transparency and reduce corruption in governance.

Edusprint Youtube Channel : Edusprint Academy

We at Edusprint Academy are committed to bringing you the most relevant and updated 25th & 26th December current affairs 2024, curated from trusted and official sources. These updates are designed to keep you ahead in your exam preparation journey.

Our comprehensive Current Affairs December 2024 coverage aims to enhance your knowledge and boost your scores in Banking, Insurance, SSC, Railways, UPSC, and all State Government Exams. Explore our Current Affairs tailored to simplify your exam preparation

National news

PM Modi to Distribute Over 58 Lakh Property Cards Under SVAMITVA Scheme

Prime Minister Narendra Modi will distribute over 58 lakh property cards under the SVAMITVA Scheme in a nationwide event on Friday. During the program, he will also interact with beneficiaries of the scheme, which aims to provide rural property owners with proof of ownership for their properties in Village Abadi or inhabited areas.

Key Features of the SVAMITVA Scheme:

• Property Ownership: The scheme provides property owners with a record of rights for their properties, serving as official proof of ownership.
• Economic Empowerment: These ownership documents can be used for monetisation, allowing landowners to secure credit and loans.
• Dispute Resolution: It helps reduce property-related disputes in rural areas.
• Planning and Tax Collection: The scheme will improve comprehensive village-level planning and assist in boosting property tax collection.

Progress Under the Scheme:

The Ministry of Panchayati Raj reports that:

• Around 3.17 lakh villages have been surveyed using drone technology.
• Over 1.37 crore square meters of residential land has been mapped.
• Nearly 2 crore property cards have been created, marking significant progress in the implementation of the scheme.

Significance:

• Economic Growth: By enabling property owners to access financial resources, the scheme fosters economic growth in rural areas.
• Strengthened Governance: The SVAMITVA scheme supports better management and planning at the village level.
• National Rollout: The event will see participation from various Union Ministers and Chief Ministers, joining online from different parts of the country.

Panchayati Raj Secretary’s Remarks: Speaking to the media, Vivek Bhardwaj, Secretary of the Ministry of Panchayati Raj, highlighted the transformative potential of the scheme. He emphasized the milestone of creating 2 crore property cards and its impact on reducing disputes and enhancing planning in rural India.

This initiative underscores the government’s commitment to empowering rural communities, streamlining property rights, and fostering sustainable development.

About that scheme:

About the SVAMITVA Scheme

• Full Form: SVAMITVA stands for Survey of Villages Abadi and Mapping with Improvised Technology in Village Areas.
• Launch Date: The scheme was launched on 24th April 2020, on the occasion of National Panchayati Raj Day.
• Implementing Ministry: Ministry of Panchayati Raj.

Objective:

• To provide property ownership rights to rural household owners in abadi areas (inhabited lands).
• Facilitate the creation of accurate land records for rural planning.
• Minimise disputes related to property.
• Enhance financial inclusion by enabling property owners to use their land as a financial asset for loans.

PM Modi Lays Foundation for India’s 1st Ken-Betwa River Linking Project in Madhya Pradesh

Prime Minister Narendra Modi today laid the foundation stone for the Ken-Betwa National River Linking Project in Khajuraho, Madhya Pradesh, marking the 100th birth anniversary of former Prime Minister Atal Bihari Vajpayee. The project is India’s first ambitious multipurpose national river linking initiative.

In addition to launching the river linking project, PM Modi inaugurated the Omkareshwar Floating Solar Project and performed the Bhoomi Pujan of 1,153 Atal Gram Sushasan Bhawans. He also released a stamp and coin in memory of Atal Bihari Vajpayee.

Key Highlights:

Ken-Betwa National River Linking Project:

• The project is worth Rs 44,605 crore, with 90% of the funding provided by the Central Government and 10% by the respective State Governments.
• It will irrigate over 8 lakh hectares of land and benefit more than 7 lakh farmer families in 2,000 villages across 10 districts of Madhya Pradesh.
• The project will also provide drinking water to a population of 44 lakh in Madhya Pradesh and 21 lakh in Uttar Pradesh.
• It will generate 103 MW of hydropower and 27 MW of solar power, supporting both energy and irrigation needs.
• It aims to address water disputes and improve water levels in the drought-prone Bundelkhand region, while promoting industrialization, tourism, and providing employment opportunities.

Madhya Pradesh:

• Capital: Bhopal (Executive Branch)
• Governor: Mangubhai C. Patel
• CM: Mohan Yadav

Prime Minister Narendra Modi to participate in Veer Baal Diwas celebrations at Bharat Mandapam

Prime Minister Narendra Modi will participate in Veer Baal Diwas today, a national celebration dedicated to honoring the courage and sacrifice of the Sahibzades, the sons of Guru Gobind Singh, who gave their lives for justice. The event will take place at Bharat Mandapam in New Delhi, where the Prime Minister will address the gathering. The day, observed annually on December 26, was first announced by Modi in 2022, with a focus on celebrating children as the future of India.

Key Highlights of the Event:

• Suposhit Gram Panchayat Abhiyan Launch: The Prime Minister will launch this initiative aimed at improving nutritional outcomes and overall well-being, strengthening the implementation of nutrition-related services, and ensuring community participation.
• Event Attendance: Around 3,500 children, including the Pradhan Mantri Rashtriya Bal Puraskar awardees, along with dignitaries, will attend the event.

Engagement Activities:

• Nationwide Initiatives: The celebration will include online competitions, quizzes, and activities through platforms like MyGov and MyBharat.
• Creative and Educational Activities: Schools, Child Care Institutions, and Anganwadi centres will engage in storytelling, creative writing, poster-making, and other interactive events.

UDAAN Yatri Cafe: A Solution To Expensive Airport Food

To address growing concerns about overpriced food and beverages at airports, the Indian government has launched the ‘Udaan Yatri Cafe’ initiative. This project aims to offer affordable refreshments to passengers, starting with a pilot at Kolkata’s Netaji Subhas Chandra Bose International Airport. The initiative was proposed after Rajya Sabha MP Raghav Chadha raised the issue in Parliament, emphasizing the need to reduce the financial burden on air travelers.

Role of Raghav Chadha:

• Advocacy in Parliament: Highlighted overpriced food and beverages at airports.
• Examples: Water bottles priced at ₹100; tea at ₹200-250.
• Additional Concerns: Raised issues of overcrowding and mismanagement, comparing airports to bus stands.
• Public Impact: Praised widely for addressing concerns of ordinary citizens.

Public Support:

• Citizens and social media users welcomed the initiative.
• Ladakh Connection: Konchok Stanzin highlighted the relief for remote regions like Ladakh.

Republic Day 2025: 15 States, 11 Ministries to Present Tableaux

The Ministry of Defence announced the theme for the Republic Day 2025 tableaux as “Swarnim Bharat: Virasat aur Vikas” (Golden India: Heritage and Development). This year’s tableaux will showcase the dynamic relationship between India’s rich heritage and its ongoing development. The display will take place on Kartavya Path and feature creative exhibits from various states, Union Territories, and central ministries. Aimed at highlighting India’s diversity, the Republic Day tableaux will offer a glimpse of the country’s cultural roots and modern progress.

Theme for 2025 Tableaux

• Title: “Swarnim Bharat: Virasat aur Vikas” (Golden India: Heritage and Development).
• Objective: To depict the harmonious relationship between India’s rich cultural heritage and its strides in development.

Event Overview

• Occasion: Annual Republic Day Parade.
• Location: Kartavya Path (formerly Rajpath), New Delhi.

Participants:

• States and Union Territories (15): Andhra Pradesh, Bihar, Chandigarh, Dadra and Nagar Haveli & Daman and Diu, Goa, Gujarat, Haryana, Jharkhand, Karnataka, Madhya Pradesh, Punjab, Tripura, Uttarakhand, Uttar Pradesh, and West Bengal.
• Union Ministries and Departments (11): Various central ministries and departments will also showcase their creative exhibits.

Key Features

Focus:

• India’s cultural diversity and modern development.
• Balance between tradition (Virasat) and progress (Vikas).

Alternative Showcase:

Bharat Parv: States and UTs not selected for the parade can display their tableaux at the Bharat Parv held at the Red Fort from January 26 to 31, 2025.

Selection Process

Submission of Proposals: States, UTs, and Union Ministries invited to present proposals.

Evaluation by Expert Committee: The committee included professionals from art, culture, music, architecture, and choreography.

Selection Criteria:

• Originality: Unique and fresh concepts.
• Creativity: Innovative and artistic presentation.
• Aesthetic Composition: Visually appealing designs.
• Representation of Heritage and Development: Effective portrayal of India’s rich traditions and developmental achievements.

Feedback and Enhancements: Recommendations from a senior-level meeting in April 2024 were incorporated to improve the quality and diversity of tableaux.

Avoidance of Repetition: Proposals with repetitive or redundant ideas were excluded to maintain variety.

Centre Ends No Detention Rules In Schools

The government of India abolished the ‘No-detention policy’ for students in class 5 and 8 who fail their year end exams. This significant amendment to the Right of children to free and compulsory education rules, 2010 is aimed at improving learning outcomes among students. The revised policy mandates that students who failed their annual exams will be required to retake within two months, failing which they will have to repeat the academic year.

Policy Amendment: The ‘No-Detention Policy’ ensured automatic promotion for students up to Class 8, regardless of their academic performance.

Abolition for Classes 5 and 8:

• Students failing their year-end exams must retake the exams within two months.
• If they fail the retake, they will repeat the academic year.

Objective:

• To improve learning outcomes among students.
• Encourage accountability in education by ensuring academic standards are met.

Applicability

Centrally Run Schools:

Over 3,000 schools under the central government are impacted, including:

• Kendriya Vidyalayas (KVs).
• Sainik Schools.
• Navodaya Vidyalayas.

State-Specific Decisions: Education as a State Subject: Individual states retain the autonomy to implement or modify the policy.

Implementation Status:

• Implemented: 16 states and 2 Union Territories (UTs), including Delhi, have adopted the revised rule.
• Pending Decisions: Haryana and Puducherry are yet to finalize their stance.

State news

Madhya Pradesh Named “Go-To Global Destination for 2025” by WSJ

Madhya Pradesh has earned global recognition as one of the Wall Street Journal’s “Go-To Global Destinations for 2025,” showcasing its rich heritage, unique wildlife, and natural beauty. This prestigious acknowledgment builds upon the state’s ongoing efforts to establish itself as a premier travel destination. With iconic UNESCO World Heritage Sites like Khajuraho, Panna, and Bandhavgarh, as well as an array of vibrant cultural experiences, Madhya Pradesh is solidifying its position on the global tourism map.

International Recognition:

• Madhya Pradesh has earned a spot on the Wall Street Journal’s “Go-To Global Destinations for 2025” list.
• This recognition highlights the state’s growing appeal as a premier travel destination for history, culture, and nature enthusiasts.

Cultural and Natural Heritage:

The state is renowned for its UNESCO World Heritage Sites, including:

• Khajuraho: Famous for its intricately carved temples and UNESCO World Heritage status.
• Panna: Known for its rich biodiversity and the Panna Tiger Reserve.
• Bandhavgarh: A popular wildlife destination, home to one of India’s richest tiger reserves.

Tourism Opportunities:

• Vibrant Cultural Experiences: Madhya Pradesh is celebrated for its traditional festivals, architecture, and cultural richness.
• Wildlife and Adventure: The state boasts nine Tiger Reserves and is home to diverse wildlife, attracting eco-tourists and wildlife enthusiasts.
• Stunning Landscapes: The state’s natural beauty, including forests, rivers, and mountain ranges, provides a variety of tourism experiences.

Significance of the Recognition

• International Appeal: Being named as a “Go-To Destination” enhances Madhya Pradesh’s visibility on the global tourism map, particularly among travelers looking for off-the-beaten-path experiences.
• Cultural Pride: This acknowledgment reflects the state’s rich history and cultural significance, helping foster pride among residents and stakeholders.
• Economic Impact: Increased international tourism will contribute to the local economy, benefiting hospitality, transport, and local artisans.

Appointment news

Justice GS Sandhawalia as Chief Justice of Himachal Pradesh High Court

The Centre has officially notified the appointment of Justice Gurmeet Singh Sandhawalia as the new Chief Justice of the Himachal Pradesh High Court. Justice Sandhawalia, the senior-most puisne Judge of the Punjab and Haryana High Court, has been appointed following a recommendation by the Supreme Court Collegium. His appointment comes after a delay of more than three months and after the retirement of Justice Rajiv Shakdher in October 2024.

Appointment Notification:

• Justice Gurmeet Singh Sandhawalia has been officially appointed as the Chief Justice of Himachal Pradesh High Court.
• This appointment follows the recommendation by the Supreme Court Collegium and is effective from the date he assumes office.
• His appointment comes after a delay of over three months, following the retirement of Justice Rajiv Shakdher in October 2024.

Legal Background of Justice Sandhawalia:

Educational Qualifications:

• He graduated in BA (Hons) from DAV College, Chandigarh.
• He earned his law degree from Panjab University, Chandigarh.

Professional Experience: Justice Sandhawalia was enrolled as an advocate in August 1989 and began practicing at the Punjab and Haryana High Court.

Himachal Pradesh:

• Capitals: Shimla (Summer), Dharamshala (Winter)
• Chief minister: Sukhvinder Singh Sukhu
• Governor: Shiv Pratap Shukla

V. Ramasubramanian Appointed NHRC Chairperson

The post of Chairperson of the National Human Rights Commission (NHRC) remained vacant since Justice (retd) Arun Kumar Mishra completed his tenure on June 1, 2024. The appointment of former Supreme Court judge, V. Ramasubramanian, was confirmed by President Droupadi Murmu on December 23. Ramasubramanian’s appointment marks a new chapter in the NHRC, following Mishra’s tenure from June 2021 to June 2024.

Interim Leadership:

• After Justice Mishra’s tenure ended, the NHRC was led by acting Chairperson Vijaya Bharathi Sayani.
• A high-powered committee, headed by Prime Minister Narendra Modi, convened on December 18, 2024, to select the new Chairperson.

Judicial Career of Justice V. Ramasubramanian: Supreme Court Appointment: Justice Ramasubramanian was appointed to the Supreme Court of India in 2019.

Career Milestones:

• He served as the Chief Justice of the Himachal Pradesh High Court before his appointment to the Supreme Court.
• Over his judicial career, he authored 102 judgments, including landmark rulings on issues like demonetization and the application of circumstantial evidence in bribery cases.
• His vast legal expertise and experience will be instrumental in guiding the NHRC to ensure the protection of human rights across India.

Significance of the Appointment

• Guiding the NHRC: Justice Ramasubramanian’s experience will enhance the NHRC’s efforts in safeguarding human rights and upholding justice for all citizens.
• NHRC’s Mandate: His leadership will play a crucial role in steering the commission as it continues to address human rights violations and promote awareness about human rights protection.

About NHRC:

Key Facts About the National Human Rights Commission (NHRC)

Establishment: The National Human Rights Commission (NHRC) of India was established on 12th October 1993 under the provisions of the Protection of Human Rights Act (PHRA), 1993.

Purpose:

To protect and promote human rights (the rights related to life, liberty, equality, and dignity guaranteed under the Indian Constitution and international human rights covenants).

Headquarters: New Delhi, India.

Composition:

Chairperson: A former Chief Justice of India (CJI).

Members:

• One serving or retired judge of the Supreme Court.
• One serving or retired Chief Justice of a High Court.
• Two members having knowledge of, or practical experience in, human rights.

Ex-officio Members: Chairpersons of four national commissions:

• National Commission for Scheduled Castes (NCSC)
• National Commission for Scheduled Tribes (NCST)
• National Commission for Women (NCW)
• National Commission for Protection of Child Rights (NCPCR).

Appointment:

Members are appointed by the President of India based on the recommendation of a six-member committee consisting of:

• Prime Minister (Chairperson)
• Speaker of the Lok Sabha
• Deputy Chairman of the Rajya Sabha
• Union Home Minister
• Leaders of the Opposition in the Lok Sabha and Rajya Sabha.

Tenure: The Chairperson and members serve for a term of 3 years or until they reach the age of 70 years, whichever is earlier.

Rank and report news

3 Indians in Forbes’ 2024 Power Women List

Forbes’ prestigious annual ranking highlights influential women who have made significant strides across various sectors. This year, three Indian women earned their place in the top 100 for their remarkable achievements in business, finance, and philanthropy.

Key Achievements of Indian Women in the List 2024

Nirmala Sitharaman (Rank 28)

Position: Finance Minister of India

Achievements:

• Nirmala Sitharaman became the first woman to hold the role of Finance Minister in May 2019, a pivotal position in the Indian government.
• She has played a crucial role in managing India’s $4 trillion economy, with projections to make India the third-largest economy by 2027.
• Sitharaman is a staunch advocate for women’s financial empowerment, focusing on supporting entrepreneurship and enhancing financial literacy.
• Her previous roles include serving at the BBC World Service and as a member of the National Commission for Women.

Roshni Nadar Malhotra (Rank 81)

Position: Chairperson of HCL Technologies and CEO of HCL Corporation

Achievements:

• As the chairperson of HCL Technologies, a $12 billion global IT services company, Roshni Nadar Malhotra has overseen key strategic decisions since taking charge.
• She is the trustee of the Shiv Nadar Foundation, which focuses on transformative education and building a strong foundation for future generations.
• Roshni is also the founder of The Habitats Trust, an organization dedicated to conserving natural habitats and endangered species.
• She holds a background in journalism and an MBA from Kellogg School of Management.

Kiran Mazumdar-Shaw (Rank 82)

Position: Founder and Chairperson of Biocon

Achievements:

• Kiran Mazumdar-Shaw transformed Biocon, India’s leading biopharmaceutical company, into a global powerhouse.
• Under her leadership, Biocon expanded internationally, including establishing one of Asia’s largest insulin manufacturing facilities in Malaysia.
• In 2022, she led Biocon Biologics to acquire Viatris’ biosimilars business for $3.3 billion.
• In 2024, she raised $362 million through Bicara Therapeutics’ IPO, a company backed by Biocon.
• Kiran is a notable philanthropist, having donated $7.5 million for cancer research in 2019.

Significance of the Recognition

• These three women’s inclusion on Forbes’ list of the 100 Most Powerful Women in the world emphasizes their influence and leadership across a range of sectors.
• Their achievements in business, finance, and philanthropy are a testament to their commitment to not only shaping industries but also driving positive change within their communities.

India Ranks 49th in Network Readiness Index (NRI) 2024

India has made significant strides in the 2024 Network Readiness Index (NRI), rising 11 places from 60th in 2023 to 49th in 2024. The country’s NRI score has also improved, reaching 53.63 in 2024, up from 49.93 in 2023. This achievement reflects India’s growing commitment to advancing digital infrastructure and technology adoption, positioning it as a global leader in technological advancements.

Ranking Improvement and Score Growth

• India’s Rank: 49th (up from 60th in 2023).
• India’s NRI Score: Increased from 49.93 in 2023 to 53.63 in 2024.
• This surge in rank and score signifies substantial progress in enhancing India’s digital landscape, reflecting effective governance, innovation, and technology adoption across various sectors.

Key Areas of Technological Advancement

Artificial Intelligence (AI):

• India has made notable advancements in AI research and development, applying AI technologies to improve the quality of life for its citizens and contributing to global AI research.
• AI has been leveraged for various purposes, including healthcare, agriculture, and education, improving efficiency and accessibility.

Mobile Networks & Broadband Connectivity:

• Mobile network infrastructure and broadband connectivity have seen substantial improvements, thanks to government efforts to enhance connectivity across the country.
• The focus on expanding broadband networks and improving mobile services has played a pivotal role in boosting India’s digital readiness and supporting technological growth, particularly in rural areas.

Government Initiatives and Digital Transformation

India’s improvement in the NRI rankings is largely attributed to government initiatives aimed at enhancing the nation’s digital infrastructure. Key actions include:

• Promoting research and development (R&D) in emerging technologies like AI, blockchain, and 5G.
• Supporting innovation ecosystems that drive growth and provide better services to citizens.
• Expanding the Digital India initiative, which aims to transform India into a digitally empowered society and knowledge economy.
• Focusing on improving e-governance and citizen engagement through digital platforms, enhancing the accessibility and efficiency of public services.

AIM & UNDP Launch Youth Co:Lab 2025 to Empower Disability-Inclusive Innovation

The 7th edition of the Youth Co:Lab National Innovation Challenge for 2024-2025 has been launched by the Atal Innovation Mission (AIM), NITI Aayog, and the United Nations Development Programme (UNDP), in partnership with Citi Foundation. This initiative, which began globally in 2017 and was introduced in India in 2019, has already empowered over 2,600 youth-led social innovation teams and impacted more than 19,000 participants.

The primary goal for this year’s challenge is to foster social entrepreneurship and create opportunities for Persons with Disabilities (PwDs), aiming to contribute to the advancement of Sustainable Development Goals (SDGs).

Focus Areas and Objectives

• The 2024-2025 edition is specifically focused on inclusive innovation for Persons with Disabilities (PwDs), under the theme: “Enhance Access to Opportunities and Well-Being for Persons with Disabilities”

The challenge invites startups and social innovation solutions in three key categories:

• Inclusive and Accessible Assistive Technology (AT) Solutions focused on making assistive technologies more inclusive and accessible for PwDs.
• Inclusive Educational Technology and Skilling Solutions
• Innovations aimed at improving access to education and skill development opportunities for PwDs.

Accessible and Inclusive Care Models

Creating solutions for accessible healthcare services and care models that cater to the needs of PwDs.

Springboard Program

This year, the Springboard Program will support 30-35 early-stage startups that focus on solutions for PwDs. Selected startups will benefit from:

• Mentorship from industry experts.
• Networking opportunities with key stakeholders.
• Seed grants to scale impactful ideas and innovations.

The program will be implemented in collaboration with AssisTech Foundation (ATF), a prominent organization dedicated to accelerating assistive technology innovations for PwDs.

Appointment news

Various IAS officer appointed

Here are the recent key appointments in the Indian administrative services:

• Arunish Chawla – Appointed as Revenue Secretary, Ministry of Finance. Chawla, a 1992 batch Bihar cadre IAS officer, was previously serving as the Secretary of Pharmaceuticals in the Ministry of Chemicals and Fertilizers.
• Amit Agrawal – Appointed as the new Secretary of Pharmaceuticals, Ministry of Chemicals and Fertilizers. Agrawal is currently the CEO of the Unique Identification Authority of India (UIDAI).
• Vineet Joshi – Appointed as Secretary of Higher Education, Ministry of Education. Joshi was previously serving as the Chief Secretary of Manipur.
• Neerja Sekhar – Appointed as Director General of the National Productivity Council. Sekhar was serving as the Special Secretary in the Ministry of Information and Broadcasting.
• Rachna Shah – Appointed as Secretary of the Department of Personnel and Training (DoPT). Shah was serving as the Secretary of Textiles.
• Neelam Shammi Rao – Appointed as the new Secretary of Textiles, Ministry of Textiles. Rao was previously the Secretary of the National Commission for Minorities.
• Sanjay Sethi – Appointed as the new Secretary of the National Commission for Minorities.

Award news

President Droupadi Murmu to confer ‘Pradhan Mantri Rashtriya Bal Puraskar’ on 17 children for their exceptional achievements

President Droupadi Murmu will confer the Pradhan Mantri Rashtriya Bal Puraskar on 17 children today in New Delhi for their exceptional achievements across seven categories. These children, hailing from 14 States and Union Territories, will be recognized for their remarkable contributions in the following fields:

• Art and Culture
• Bravery
• Innovation
• Science and Technology
• Social Service
• Sports
• Environment

Each of the awardees will receive a medal, certificate, and a citation booklet as part of the recognition for their outstanding accomplishments. This award acknowledges the talent, resilience, and contributions of young individuals in various fields, inspiring others to follow suit.

Jaishankar Receives Sri Chandrasekarendra Saraswathi Award for Leadership

External Affairs Minister Dr. S. Jaishankar was conferred with the Sri Chandrasekarendra Saraswathi National Eminence Award for Public Leadership by the South Indian Education Society (SIES). The award was presented to Jaishankar in recognition of his exceptional contributions to India’s foreign policy and global leadership.

In his acceptance speech, Jaishankar reflected on India’s rising global assertiveness and stressed the significance of confidence in the nation’s capabilities. Drawing inspiration from Maha Periyavar’s teachings, Jaishankar reinforced India’s commitment to global cooperation while emphasizing that India’s independence should never be mistaken for neutrality.

Key Highlights from Jaishankar’s Address:

• Influence of Maha Periyavar: Jaishankar shared how Maha Periyavar’s teachings, particularly his musical composition Maithreem Bhajatham, which advocates for universal brotherhood and compassion, continue to inspire India’s approach to international relations. He also reflected on Periyavar’s global connections, which shaped India’s vision of universal cooperation and peace in diplomacy.
• India’s Global Significance: Jaishankar highlighted the rise of India as an independent global power, asserting that India’s leadership is now more confident in pursuing the global good, especially focusing on the well-being of the Global South. He also underscored India’s firm stance on important international issues, including its efforts to combat terrorism and its role in supporting the African Union during G20 discussions.
• India’s Independence vs Neutrality: Jaishankar clarified that India’s growing assertiveness does not mean that it is neutral. He reiterated that India would always act in its national interests while contributing to global good, refusing to conform to any external pressures. His comments underscored India’s commitment to diplomacy, dialogue, and global cooperation, while ensuring its sovereign rights are upheld.

Sports news

Martina Devi Wins Silver in Asian Junior Weightlifting Championship in Doha

Martina Devi from Manipur made India proud by winning multiple medals at the Asian Junior Weightlifting Championships held in Doha. The 18-year-old athlete competed in the women’s junior +87kg category and delivered an impressive performance.

Achievements:

• Silver Medal: Secured for her total lift of 225 kg.
• Silver in Clean-and-Jerk: Highlighting her strength in this lift.
• Bronze in Snatch: A commendable effort in this category.

Key Points:

Medals in weightlifting are awarded separately for:

• Snatch
• Clean and Jerk
• Total Lift

These distinctions apply in continental competitions, World Cups, and World Championships.

Book and author news

“The Unyielding Judge: A Tribute to Justice A.N. Grover’s Legacy”

At the launch of the book ‘The Unyielding Judge: The Life and Legacy of Justice A.N. Grover’, Attorney General R. Venkataramani underscored the critical importance of judicial integrity in maintaining the credibility of the legal system. Reflecting on Justice Grover’s contributions, particularly in the Kesavananda Bharti case of 1973, Venkataramani highlighted how a judge’s resistance to external pressures and temptations is key to upholding constitutional values and national liberty. This case, in which Justice Grover played a pivotal role, upheld the basic structure doctrine of the Indian Constitution, safeguarding its fundamental principles.

Judicial Integrity and Legacy

Venkataramani praised Justice A.N. Grover for his unyielding commitment to the law, noting that his ability to resist temptations places him among the highest ranks of humanity’s values. The Attorney General emphasized that this unwavering integrity is vital in protecting constitutional principles and ensuring the liberty of the nation. Venkataramani’s comments marked the first time he publicly spoke about a judge who significantly shaped India’s constitutional history.

Reflections on Justice Grover’s Contributions

The launch event also featured valuable insights from former cabinet minister Salman Khurshid and retired Justice S.K. Katriar, who discussed Justice Grover’s monumental contributions to constitutional law. Their reflections celebrated his legal legacy and his role in strengthening the democratic foundations of India.

Edusprint Youtube Channel : Edusprint Academy

We at Edusprint Academy are committed to bringing you the most relevant and updated 22 and 23 December current affairs 2024, curated from trusted and official sources. These updates are designed to keep you ahead in your exam preparation journey.

Our comprehensive Current Affairs December 2024 coverage aims to enhance your knowledge and boost your scores in Banking, Insurance, SSC, Railways, UPSC, and all State Government Exams. Explore our Current Affairs tailored to simplify your exam preparation.

National news

Union Minister Pralhad Joshi Launches Rs 1,000 Crore Credit Guarantee Scheme for e-NWR Based Pledge Financing to Support Farmers

On December, 2024, Union Minister Pralhad Joshi, who holds the portfolios of Ministry of Consumer Affairs, Food and Public Distribution (MoCAF&PD) and Ministry of New & Renewable Energy (MON&RE), launched the Credit Guarantee Scheme (CGS) for electronic-Negotiable Warehouse Receipts (e-NWR) based Pledge Financing (CGS-NPF) in New Delhi. The initiative is aimed at providing a Rs 1,000 crore corpus to support post-harvest financing for farmers in India.

Key Features of the Scheme: e-NWR Based Financing: The scheme enables farmers to access credit by depositing their agricultural produce in Warehousing Development and Regulatory Authority (WDRA) accredited warehouses, with the produce backed by e-NWRs.

Loan Amounts:

• Rs 75 lakh for agricultural purposes.
• Rs 2 crore (Rs 200 lakh) for non-agricultural purposes.

Guarantee Fees:

• 0.4% per annum for farmers.
• 1% per annum for non-farmers.
• About Ministry of Consumer Affairs, Food & Public Distribution (MoCAF&PD):
• Union Minister: Pralhad Joshi (Constituency: Dharwad, Karnataka).

Ministers of State (MOS):

• Banwari Lal (BL) Verma (Rajya Sabha, Uttar Pradesh).
• Nimuben Jayantibhai Bambhaniya (Constituency: Bhavnagar, Gujarat).

India’s Mineral and Non-Ferrous Metal Production Shows Strong Growth in FY 2024-25: Key Data from Ministry of Mines

As per the Ministry of Mines (MoM) data released at the end of 2024, India’s key mineral production, including Mineral Conservation and Development Rules (MCDR) and Non-Ferrous Metal Production, saw significant growth in the first seven months of FY 2024-25 (April-October), continuing the strong performance from FY 2023-24.

Key MCDR Mineral Production (FY 2024-25):

Iron Ore:

• Contribution: 69% of the total MCDR mineral production by value in FY 2023-24.
• Production: 274 million metric tonnes (MMT) in FY 2023-24.

Growth in FY 2024-25: Increased by 4.1% to 158.4 MMT during April-October FY 2024-25, compared to 152.1 MMT in the same period of FY 2023-24.

• Manganese Ore: Production Growth: Increased by 11.1% to 2.0 MMT in April-October FY 2024-25, compared to 1.8 MMT during the same period of FY 2023-24.
• Bauxite: Production Growth: Increased by 11.3% to 13.8 MMT during April-October FY 2024-25, compared to 12.4 MMT in FY 2023-24 (April-October).

Key Non-Ferrous Metal Production (FY 2024-25):

Aluminium: Growth: Increased by 1.2% to 24.46 lakh tonnes (LT) in April-October FY 2024-25, up from 24.17 LT in the same period of FY 2023-24.

Refined Copper: Growth: Increased by 6.0%, rising from 2.83 LT to 3.00 LT in April-October FY 2024-25.

India’s Global Position Among Top Producers:

• Aluminium: India is the second-largest producer globally, after China.
• Refined Copper: India ranks 4th among the top producers, following Chile and Peru.
• Iron Ore: India is the 4th largest producer, behind Australia, Brazil, and China.

HM Amit Shah chairs 72nd Plenary meeting of NEC at Agartala

The 72nd plenary session of the North Eastern Council (NEC) was chaired by Union Home Minister and Minister of Cooperation, Amit Shah, on 21 December 2024, in Agartala, Tripura.

Key Highlights:

• Previous Plenary in Agartala: The last NEC plenary in Agartala was held in 2008.
• Meeting Frequency: As per the North Eastern Council Act, 1971 (amended in 2002), the Council meets at least twice a year.
• Pre-Plenary Technical Session: Held on 20 December 2024, where central ministries presented their developmental agendas for the northeastern region.
• Plenary Discussions: Focused on regional development agendas proposed in the pre-plenary session.

Attendees:

The session included:

Union Ministers:

• Amit Shah (Chairman)
• Jyotiraditya Scindia, Union Minister for Development of North Eastern Region (DoNER)
• Sukanta Majumder, Union Minister of State for DoNER

Governors and Chief Ministers of all eight northeastern states:

• Manik Saha (Tripura)
• Himanta Biswa Sarma (Assam)
• Pema Khandu (Arunachal Pradesh)
• N. Biren Singh (Manipur)
• Lalduhoma (Mizoram)
• Neiphiu Rio (Nagaland)
• Prem Singh Tamang (Sikkim)

About the North Eastern Council (NEC)

Establishment and Composition:

• Inception: Set up under the North Eastern Council Act, 1971, and inaugurated by Prime Minister Indira Gandhi on 7 November 1972 in Shillong, Meghalaya.
• Original Members: Assam, Meghalaya, Tripura, Arunachal Pradesh, Nagaland, and Mizoram.
• Amendment (2002): Sikkim became the eighth member.

Composition: Governors and Chief Ministers of the eight northeastern states.

Three members nominated by the President of India.

Chairman: Union Home Minister (nominated by the President).

Functions of the NEC: Advisory Role: Provides recommendations that are not binding on the central or state governments.

Regional Planning:

• Develops regional plans benefiting at least two northeastern states.
• Reviews and recommends measures to enhance inter-state coordination for efficient implementation of development plans.
• The 72nd plenary session reaffirms the central government’s commitment to fostering regional development and cooperative governance in the northeastern states of India.

Tirupura:

• Capital: Agartala
• Chief minister: Manik Saha
• Governor: N. Indrasena Reddy

International news

24th BIMSTEC Senior Officials Meeting (SOM)

India participated in the 24th BIMSTEC Senior Officials Meeting (SOM), hosted virtually by Thailand on December 20, 2024. Jaideep Mazumdar, Secretary (East) from the Ministry of External Affairs (MEA), represented India during this important session. The meeting reviewed the progress made by BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) since the last SOM in March 2023 and discussed key areas of regional cooperation. Various documents and new mechanisms of cooperation were finalized, and preparations for the upcoming 6th BIMSTEC Summit were also discussed.

Key Highlights of the Meeting

1. Review of Progress

• The officials assessed progress since the previous SOM held in March 2023.
• Focus on regional initiatives and cooperation mechanisms.

2. Priority Areas Discussed

• Sustainable Development
• Regional Connectivity
• Security
• People-to-People Exchanges

3. Finalization of Documents

• Action Plans for regional cooperation.
• Mechanisms for collaboration with external partners.

4. Upcoming 6th BIMSTEC Summit

• Preparations for the 6th BIMSTEC Summit were deliberated.
• India’s Role and Vision

Reiteration of Commitment: Emphasis on a vibrant and prosperous BIMSTEC region.

Alignment with Policies:

Neighbourhood First Policy

• Vision SAGAR (Security and Growth for All in the Region)
• Act East Policy
• Future Cooperation:
• Maritime and digital connectivity.
• Health, food security, and energy.
• Trade, investment, and skill development.
• People-to-people ties and development of BIMSTEC Centres of Excellence.

Regional Significance

• Chair: Thailand’s Deputy Permanent Secretary for Foreign Affairs, Paisan Rupanichkij.
• Nepal’s Representation: Acting Foreign Secretary Amrit Rai.

Reinforced BIMSTEC’s role as a platform for regional development and collaboration among Bay of Bengal nations.

Banking news

RBI Grants Full Authorisation to ISG Limited as Payment Aggregator to Enhance Digital Payment Solutions

In December 2024, the Reserve Bank of India (RBI) granted full authorisation to In-Solutions Global (ISG) Limited as a Payment Aggregator (PA). This Mumbai-based fintech company, supported by JP Morgan Chase & Co., can now enhance digital payment services for merchants across various sectors.

Key Highlights of the RBI’s Authorisation to ISG:

• Empowerment: ISG can now offer secure, efficient, and reliable digital payment solutions, benefiting businesses and promoting financial inclusion.
• Pre-existing Capabilities: In addition to the new authorisation, ISG already holds a Prepaid Payment Instrument (PPI) license, expanding its scope of services.
• Comprehensive Payment Services: ISG can now facilitate online transactions, retail payments, transit systems, and more, providing a wide array of payment solutions for its clients.

What is a Payment Aggregator (PA)?

A Payment Aggregator (PA) is a third-party service provider that connects businesses, customers, and financial institutions to enable online payments. It helps businesses accept payments from customers while ensuring seamless, secure transactions.

• This authorisation will significantly strengthen ISG’s ability to contribute to India’s growing digital payments ecosystem.
• World Bank Approves USD 325.10 Million Loan for Uttar Pradesh Agriculture Growth and Rural Enterprise Ecosystem Strengthening Project

RBI:

• Founded: 1 April 1935, Kolkata
• Governor: Incumbent Sanjay Malhotra

Tata Power and Canara Bank Partner for Rooftop Solar Loans

Tata Power Renewable Energy, in partnership with Canara Bank, has launched a financing initiative under the PM Surya Ghar Scheme to promote affordable rooftop solar installations in India. The collaboration aligns with the government’s renewable energy targets and aims to simplify access to clean energy for residential customers.

Key Features of the Partnership

Loan Offers

For Solar Systems Up to 3 kW

• Loan Amount: Up to ₹2 lakh
• Interest Rate: 7% per annum
• Margin: 10%
• Repayment Period: 10 years
• Collateral: Not required

For Solar Systems Between 3 kW and 10 kW

• Loan Amount: Up to ₹6 lakh
• Interest Rate: 10% per annum
• Margin: 20%
• Repayment Period: 10 years
• Collateral: Not required

Government Subsidy

• Up to 60% Subsidy: For systems with capacities up to 2 kW
• 40% Subsidy: For systems between 2 kW and 3 kW (subsidy capped at 3 kW)

Benefits of the Collaboration

• Affordable Solar Installations: Eliminates high upfront costs through accessible financing.
• Supports Renewable Energy Goals: Aligns with India’s target of achieving 500 GW of installed renewable capacity by 2030.
• Encourages Residential Adoption: Helps households transition to clean energy.
• Tata Power Renewable Energy: Capacity Snapshot
• Total Renewable Capacity: 10.9 GW
• Under Development: 5.5 GW
• Operational: 5.4 GW (4.4 GW solar, 1 GW wind)

India’s Renewable Energy Vision

• Focus on solar power as a key driver of renewable energy growth.
• Initiatives like the PM Surya Ghar Scheme encourage decentralized solar adoption, helping India transition toward a sustainable energy future.
• This collaboration underscores the commitment of both Tata Power and Canara Bank to advancing clean energy solutions, fostering economic and environmental sustainability.

Canara bank:

• Founder: Ammembal Subba Rao Pai
• Headquarters: Bengaluru
• CEO: K. Satyanarayana Raju (7 Feb 2023–)
• Founded: 1 July 1906

RBI Fines Manappuram Finance and IndusInd Bank for Non-Compliance

The Reserve Bank of India (RBI) has imposed penalties on IndusInd Bank and Manappuram Finance for failing to comply with regulatory norms. The penalties followed statutory inspections reviewing their financial positions as of March 31, 2023.

Key Details

Penalty on IndusInd Bank

• Amount: ₹27.3 lakh
• Violation: Opening savings deposit accounts for ineligible entities.
• Reason: Deficiencies in regulatory compliance, uncovered during inspections.
• Note: The penalty does not invalidate transactions or agreements between the bank and its customers.

Penalty on Manappuram Finance

Amount: ₹20 lakh

Violations:

• Failure to verify customers’ PAN during customer onboarding.
• Assigning multiple Identification Codes to some customers instead of adhering to the Unique Customer Identification Code (UCIC) requirement.

Significance

• The penalties reflect the RBI’s focus on maintaining strict compliance with regulatory norms to ensure customer protection and system integrity.
• Both institutions are expected to address the identified lapses to avoid further non-compliance.
• This enforcement action emphasizes the importance of adhering to regulatory frameworks in the banking and non-banking financial sectors.

Indusland bank:

• Headquarters: Mumbai
• Founder: S. P. Hinduja
• CEO: Sumant Kathpalia (24 Mar 2020–)
• Founded: April 1994, Mumbai

ICICI Bank and Times Internet Launch ‘Times Black ICICI Bank Credit Card’

ICICI Bank, in collaboration with Times Internet, has launched the ‘Times Black ICICI Bank Credit Card,’ a super-premium co-branded credit card targeting high-net-worth individuals (HNIs) in India. The card aims to offer an exclusive, luxury experience, combining unique design elements and a host of premium benefits for the affluent customer segment. Powered by Visa, it provides a range of perks designed for sophisticated lifestyles.

Key Features and Benefits

Target Audience: High-net-worth individuals (HNIs), professionals, and affluent customers.

Card Design: Unique metallic design featuring historic printing plates from The Times of India, symbolizing a fusion of tradition and innovation.

Exclusive Benefits

• Unlimited access to over 1,300 global airport lounges.
• Visa services at home for added convenience.
• Access to ‘The Quorum Club’, an exclusive space for premium members.

Rewards Program

• International Transactions: 2.5% reward points on international purchases.
• Domestic Transactions: 2% reward points on domestic purchases.

Milestone Rewards

• Helicopter rides, airport transfers, and complimentary stays at luxury resorts.
• ₹10,000 e-commerce gift card.

Collaboration Highlights

• ICICI Bank: Rakesh Jha, Executive Director, emphasized the bank’s customer-centric approach in launching this premium product.
• Times Internet: Satyan Gajwani highlighted that the card aims to redefine luxury for India’s affluent customers.
• Visa: Sandeep Ghosh emphasized that the card leverages global payments expertise, targeting India’s influential customer base.

ICIC bank:

• Founded: 1994, Vadodara
• Headquarters: Mumbai
• CEO: Sandeep Bakhshi (15 Oct 2018–)

Appointment news

Suman Berry Appointed Chairman of Economic Advisory Council to the Prime Minister, Succeeds Late Bibek Debroy

On December 2024, Suman Berry, the Vice Chairman (VC) of the National Institute for Transforming India (NITI Aayog), was appointed as the Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM) with additional charge. He succeeded Bibek Debroy, who passed away on November 1, 2024. Debroy was a prominent economic adviser to the Prime Minister and made significant contributions to economic theory, income inequality, and infrastructure financing.

About the Economic Advisory Council to the Prime Minister (EAC-PM):

EAC-PM is an independent body established to provide advice on economic and related matters to the Government of India, particularly to the Prime Minister.

Current Members (2024):

• Chairman: Suman Berry
• Members: Sanjeev Sanyal, Shamika Ravi
• Part-Time Members: Rakesh Mohan, Dr. Sajjid Chinoy, Dr. Neelkanth Mishra, Nilesh Shah, Professor T.T. Ram Mohan, Dr. Poonam Gupta

About NITI Aayog:

• Chief Executive Officer (CEO): B.V.R. Subramanyam
• Chairman: Prime Minister Narendra Modi
• Headquarters: New Delhi, Delhi
• Established: 2015

Justice Manmohan Sworn in as Supreme Court Judge, Appointed by President Under Article 124(2)

Justice Manmohan was sworn in as a Judge of the Supreme Court of India on December 2024. He was appointed under Article 124(2) of the Constitution of India. Justice Manmohan, born on December 17, 1962, in Delhi, brings extensive legal experience to the Supreme Court.

Key Details:

• The Supreme Court now has 33 working judges, with a sanctioned strength of 34.
• Chief Justice of India (CJI) Sanjiv Khanna administered the oath of office.
• Justice Manmohan was appointed following the recommendation of the Collegium, a group of senior judges led by the CJI.

About Justice Manmohan:

• Permanent Judge of the Delhi High Court since December 17, 2009.
• Served as Acting Chief Justice of the Delhi High Court from November 9, 2023.
• Became the full-time Chief Justice of the Delhi High Court from September 29, 2024.

Supreme Court Judge Appointment Process: Supreme Court Judges are appointed by the President of India based on the recommendation of the Collegium. The Collegium consists of the Chief Justice of India and other senior judges from the Supreme Court.

Ranks and reports news

Radhakishan Damani Tops Hurun India’s 2024 List of Top 200 Self-Made Entrepreneurs, with 44% Growth

On December , 2024, Hurun India, in partnership with IDFC First Bank Limited, released the 2nd edition of ‘India’s Top 200 Self-made Entrepreneurs of the Millennia 2024’. According to the report, Radhakishan Shivkishan Damani, the founder of Avenue Supermarkets Limited (DMart), has topped the list for the second consecutive year, with a valuation of Rs 3.4 lakh crore, reflecting a growth of 44%.

Key Highlights:

• Deepinder Goyal, CEO of Zomato Media Private Limited, ranks second, moving up from third place in 2023. His net worth has surged by 190%, reaching over Rs 2.5 lakh crore.
• Sriharsha Majety and Nandan Reddy, founders of Swiggy Private Limited, hold the third position, with a combined net worth of Rs 1.01 lakh crore.
• The combined value of all companies on the list has risen to Rs 36 lakh crore (US$431 billion), marking a 20% increase compared to the previous year.

About Hurun Report Inc.:

Hurun Report is a renowned research, luxury publishing, and events group, founded in 1998 in London. Hurun India was established in 2012.

• CEO: Rupert Hoogewerf
• MD and Chief Researcher (Hurun India): Anas Rahman Junaid
• Headquarters: Mumbai, Maharashtra

Defence news

Indian Army Receives Second Batch of Nagastra-1 Loitering Munitions Under Rs 2.12 Billion Contract

In December 2024, the Indian Army (IA) received the second batch of 360 loitering munitions, named ‘Nagastra-1’, from Economic Explosives Limited (EEL), a subsidiary of Solar Industries India Limited (SLIN), based in Nagpur, Maharashtra. The contract, signed in April 2023, was valued at Rs 2.12 billion (approximately USD 25 million).

Key Features of Nagastra-1:

• Type: It is a lightweight, UAV-based, man-portable weapon designed for precision strikes, particularly in counter-insurgency and urban warfare.
• Guidance System: It has a GPS-guided system with a strike accuracy of just 2 meters (ideal for surgical strikes).
• Weight: The munition weighs 30 kg.
• Warhead: Equipped with a 1-kg high-explosive fragmentation warhead for neutralizing soft targets.

Range and Endurance:

• 15 km during remote control operations.
• 30 km during autonomous flight.
• Endurance of 60 minutes.
• Reconnaissance: It features a day/night camera for surveillance and a parachute recovery system for safe recovery if the flight is aborted.

Indigenous Development:

• Over 75% of the Nagastra-1’s components are indigenous.
• The system underwent rigorous testing and inspection before being delivered to the Indian Army.

Other Key Developments:

SLIN’s Future Plans: Medium Altitude Long Endurance (MALE) drones are under development, aimed at fulfilling the Indian Army’s surveillance needs at a lower cost.

The Indian Army is planning to acquire 97 MALE drones.

Export Orders: SLIN has secured export orders worth Rs 2,039 crore for advanced defense products, expected to be delivered over the next four years.

About Solar Industries India Limited (SLIN):

• Chairman: Satyanarayan Nuwal
• Headquarters: Nagpur, Maharashtra
• Established: 1995

MoD Sign Rs 7628.70 crore Deal to Buy K9 VAJRA Artillery Guns from L&T

The Union Ministry of Defence (MoD) has signed a contract with Larsen and Toubro (L&T) for the procurement of 100 K9 Vajra-T Self-Propelled Tracked Artillery Guns for the Indian Army at a cost of ₹7,628.70 crore.

Key Highlights

• Second Deal: This is the second contract for K9 Vajra-T artillery guns with L&T. The first deal was signed in 2017 for ₹4,366 crore to procure 100 guns.
• Cabinet Approval: The Cabinet Committee on Security (CCS), chaired by Prime Minister Narendra Modi, approved the purchase of these additional guns during its meeting on 12 December 2024.
• Indigenization: The deal aligns with the Indian government’s focus on boosting the indigenous defence ecosystem under the “Aatmanirbhar Bharat” initiative.

About the K9 Vajra-T Artillery Guns

Development and Production

• Origin: The K9 Vajra-T is an indigenous version of the South Korean K9 Thunder Mobile Howitzer, developed by Samsung Techwin (now known as Hanwha Defence).
• Modification: It has been modified to meet the specific operational requirements of the Indian Army.

Manufacturing:

• The guns are co-produced by Larsen and Toubro Heavy Engineering and Hanwha Defence.
• Production is carried out at L&T’s plant in Talegaon, Pune, Maharashtra.

Historical Significance: The K9 Vajra-T is the first artillery gun produced by an Indian private company for the Indian Army.

Note: Union Minister of Defence Mr. Rajnath Singh

State news

UP & Manipur sign MoU for implementation of Ek Bharat Shreshtha Bharat

Uttar Pradesh (UP) and Manipur have signed a Memorandum of Understanding (MoU) to implement the Ek Bharat Shreshtha Bharat (EBSB) programme as paired states.

Key Details of the MoU

Signing Location: The agreement was signed in Lucknow, Uttar Pradesh, in December 2024.

Duration:

• The MoU is valid for three years from the date of signing.
• It can be extended for another three years with the mutual consent of both states.

Previous Pairings:

• Uttar Pradesh: Manipur is the third state to sign an MoU with UP under the EBSB programme. Earlier partnerships included Arunachal Pradesh and Meghalaya.
• Manipur: This is Manipur’s second partnership under EBSB, the first being with Madhya Pradesh.

About the Ek Bharat Shreshtha Bharat Programme

Announcement and Vision

• Announced by Prime Minister Narendra Modi on 31st October 2015 to commemorate the 140th birth anniversary of Sardar Vallabhbhai Patel.
• Objective: To promote unity in diversity and foster cultural exchange among states, enhancing national integration.

Programme Features

Pairing of States/Union Territories (UTs): States/UTs are paired for a specific duration, fostering engagement through:

• Cultural events and festivals
• Language and literature
• Cuisine and tourism
• Customs and traditions

Activities: Structured events aim to create mutual understanding and celebrate shared heritage.

Objectives of Ek Bharat Shreshtha Bharat

• Celebrate Unity in Diversity and strengthen emotional bonds.
• Promote national integration through sustained and structured engagements.
• Showcase the rich heritage and culture of the paired states, fostering a shared identity.
• Enable learning and sharing of best practices among states.

Nodal Ministry

The Union Ministry of Education is the nodal ministry responsible for coordinating the EBSB programme.

State/UT	Paired States/UTs
Bihar	Tripura and Mizoram
Uttar Pradesh	Manipur, Meghalaya, Arunachal Pradesh
Uttarakhand	Karnataka
Gujarat	Chhattisgarh
Tamil Nadu	Jammu & Kashmir and Ladakh
Madhya Pradesh	Manipur and Nagaland
Himachal Pradesh	Kerala
Maharashtra	Odisha
Punjab	Andhra Pradesh
Goa	Jharkhand
Lakshadweep	Andaman and Nicobar Islands
Haryana	Telangana
Rajasthan	Assam
Delhi	Sikkim
Chandigarh and Puducherry	Dadra Nagar Haveli and Daman and Diu

Uttar Pradesh:

• Capital: Lucknow (Executive Branch)
• Chief minister: Yogi Adityanath
• Governor: Anandiben Patel

World Bank ADB approve loans for the Amravati Project of Andhra Pradesh

The Amaravati Inclusive and Sustainable Capital City Development Program aims to transform Amaravati into a smart, green city with world-class infrastructure. The initiative is supported by financial loans from the World Bank, Asian Development Bank (ADB), and Japan, which also offers technical assistance.

Loans Approved for Amaravati Development

World Bank Loan

• Amount: $800 million
• Currency: Japanese Yen
• Approval Date: December 19, 2024
• Duration: 29 years (including a 6-year grace period)

Approved by the World Bank Executive Board in Washington, D.C., USA.

ADB Loan

• Amount: $788.8 million (equivalent to 121.97 billion Japanese Yen)
• Approved to support the first phase of Amaravati’s development.

Role of Japan

• Financial Assistance: Japan contributes through the loans denominated in Japanese Yen.
• Technical Assistance: Provides expertise in modern infrastructure and smart city development.

About Amaravati

Background: After the bifurcation of Andhra Pradesh and Telangana in 2014, Hyderabad was designated as the joint capital for 10 years (until 2024).

Amaravati, located near Vijayawada, was selected as the new capital of Andhra Pradesh.

Development Framework: The Andhra Pradesh Capital Region Development Authority Act, 2014, was enacted to oversee the capital’s planning and development.

The Andhra Pradesh Capital Region Development Authority (APCRDA) is responsible for implementing the development program.

Scope of the Project

Total Area: 217 sq. km

Focus: Establish a sustainable, modern city emphasizing inclusivity and eco-friendliness.

Significance of the Project

• Economic Growth: Establishes Amaravati as a hub for investment and innovation.
• Sustainability: Focus on green infrastructure and smart city technologies.
• Collaboration: Highlights international partnerships in infrastructure development.

Sports news

India to host 12th World Para Athletics Championships in 2025

India will host the World Para Athletics Championships for the first time in 2025, making it a significant milestone for the country in international para-sports.

Event Details

• Venue: Jawahar Lal Nehru Stadium, New Delhi
• Dates: 26 September – 5 October 2025

Significance:

• Marks India’s capability to host major international sporting events.
• Strengthens India’s aspirations to bid for the 2036 Summer and Paralympics Games.
• Other Sporting Events in New Delhi (2025)

World Para Athletics Grand Prix:

• Venue: Jawahar Lal Nehru Stadium
• Dates: 11–13 March 2025

2025 Boxing Cup Final & 3rd World Boxing Congress:

Also scheduled to be hosted in New Delhi, emphasizing the city’s emergence as a global sports destination.

New Delhi: Fourth Asian City to Host the Championships

New Delhi becomes the fourth Asian city to host the World Para Athletics Championships, following:

• Doha, Qatar (2015)
• Dubai, UAE (2019)
• Kobe, Japan (2024)

Improved Performance of Indian Para-Athletes

Indian para-athletes have shown remarkable improvement in recent years:

• Doha 2015: Two silver medals.
• Kobe 2024: 17 medals, including 6 gold, finishing sixth in the medal tally.
• Top Performer at Kobe 2024: China with 87 medals, including 33 gold.

About the World Para Athletics Championships

Organised by World Para Athletics, part of the International Paralympic Committee (IPC).

• First Edition: Held in Berlin, Germany, in 1994.
• Frequency: Initially every four years, now every two years since 2011.

Key Facts about World Para Athletics

• Headquarters: Bonn, Germany
• Head: Paul Fitzgerald
• Parent Body: International Paralympic Committee (IPC)

Books and author news

A Book Titled ‘BRING IT ON: The Incredible Story of My Life’ By Dr. Deepa Malik

HarperCollins India has proudly announced the upcoming publication of ‘BRING IT ON: The Incredible Story of My Life’, a memoir by India’s most celebrated para-athlete, Dr. Deepa Malik. This remarkable autobiography promises to provide readers with an unfiltered view of her extraordinary life, her relentless pursuit of success, and her unyielding determination to overcome challenges.

• Publisher: HarperCollins India
• Author: Dr. Deepa Malik

About the Book:

• Offers an unfiltered account of Dr. Malik’s extraordinary journey.
• Chronicles her relentless pursuit of excellence and ability to overcome life’s challenges.
• A source of inspiration, highlighting the triumphs and struggles of one of India’s most celebrated para-athletes.

About Dr. Deepa Malik

• India’s First Female Paralympic Medalist
• Won a silver medal in the shot put at the 2016 Rio Paralympics.
• Decorated with 23 international medals, showcasing her exceptional talent and perseverance.

Honors and Awards:

• Padma Shri – One of India’s highest civilian honors.
• Khel Ratna Award – India’s highest sporting honor.
• Arjuna Award – Recognizing her outstanding achievements in sports

Important days

World Basketball Day 2024: Date, Significance and History

World Basketball Day is celebrated annually on December 21 to honor the development and universal appeal of basketball, a sport that transcends borders and fosters values like athleticism, joy, and companionship.

Origins of Basketball: Dr. James Naismith’s Vision

Invention

• Dr. James Naismith, a Canadian physical education teacher, invented basketball on December 21, 1891, at the International YMCA Training School in Springfield, Massachusetts, USA.
• The aim was to create an engaging indoor game to keep students active during winter.

Evolution

• Early basketball was played with a soccer ball and fruit baskets as goals, with referees retrieving the ball after every basket.
• In 1900, innovations such as backboards and string baskets were introduced, improving gameplay and preventing spectator interference.
• Global Recognition of Basketball
• The sport’s significance was officially acknowledged by the United Nations General Assembly (UNGA) on August 25, 2023, through resolution A/RES/77/324.
• Declared December 21 as World Basketball Day.

Highlighted basketball’s ability to unite people and promote peace.

Key Objectives of the Resolution

• Showcase basketball’s role in fostering peace and development.
• Ensure global events like the FIBA Basketball World Cup 2023 leave a lasting legacy.
• Encourage communities to recognize the sport’s positive societal impact.

Obituary news

Padma Shri Awardee Baiga Tribal Artist Jodhaiya Bai Passes Away at 86

In December 2024, renowned Baiga Tribal Artist Jodhaiya Bai passed away at the age of 86 in the Umaria district of Madhya Pradesh (MP). She was born in 1938 in Madhya Pradesh.

Key Highlights:

• Padma Shri Award: In 2023, Jodhaiya Bai was awarded the Padma Shri, India’s fourth-highest civilian honor, for her outstanding contributions to the field of arts.
• Global Recognition: She played a significant role in bringing Baiga tribal art to global recognition, helping preserve and promote the cultural heritage of the Baiga tribe.
• Nari Shakti Puraskar: In 2022, she received the Nari Shakti Puraskar, awarded by the Ministry of Women and Child Development for her exceptional achievements.

About the Baiga Tribe:

• The Baiga are primarily found in Madhya Pradesh, Uttar Pradesh, Odisha, West Bengal, Chhattisgarh, and Jharkhand.
• The name “Baiga” translates to ‘Sorcerer-medicine man’.
• Historically, the Baiga led a semi-nomadic lifestyle, practicing slash-and-burn farming. They rely heavily on minor forest products for their livelihood, with bamboo being a key resource.
• Tattooing holds significant cultural value within the Baiga community.

National news

India’s First Bio-Bitumen Stretch Inaugurated by Nitin Gadkari

Union Minister Nitin Gadkari inaugurated India’s first bio-bitumen-based National Highway stretch on NH-44 in Mansar, Nagpur, Maharashtra. Developed using lignin-based bio-bitumen technology, the initiative aligns with India’s sustainability and self-reliance goals.

Key Highlights

Bio-Bitumen Technology

• Developed by Praj Industries in collaboration with CSIR-CRRI, NHAI, and Oriental.
• Uses lignin, a by-product of plant biomass, as a sustainable binder for flexible pavement construction.

Sustainability Impact

• Reduces greenhouse gas emissions by 70% compared to fossil-based bitumen.
• Addresses bitumen scarcity and cuts down on import dependency (India imports 50% of bitumen).
• Utilizes lignocellulosic biomass, generating revenue for bio-refineries and mitigating stubble burning.

Economic and Agricultural Benefits

• Converts agricultural waste like rice straw (parali) into bio-bitumen, reducing pollution in states like Punjab and Haryana.
• Adds value to farmers’ roles as bitumendata (bio-bitumen producers), annadata (food producers), and urjadata (energy producers).

Vision of Aatmanirbhar Bharat

• Supports domestic production of bio-bitumen, promoting industrial sustainability.
• Advances self-reliance by reducing dependency on imports.

CNG from Biomass

• 400 projects in India aim to produce CNG from biomass, using 60 lakh tonnes of parali.
• Cheaper, cleaner alternative to petrol, reducing pollution and benefiting farmers.

Govt Forms Committee to Assess IAF’s Capability Development Amid Rising Threats

The Indian Government has constituted a high-level committee, chaired by Defence Secretary Rajesh Kumar Singh, to evaluate the IAF’s capability development in response to regional threats from China and Pakistan. The committee will focus on indigenous design, development, and acquisition projects and submit its report within two to three months.

Key Details

Committee Composition:

• Chairperson: Rajesh Kumar Singh (Defence Secretary).
• Members: Sanjeev Kumar (Secretary, Defence Production), Dr. Samir V. Kamat (DRDO Chief), and Air Marshal T. Singh (Member Secretary).

Role:

• Assess IAF’s fighter aircraft and missile capability gaps.
• Recommend solutions emphasizing indigenous projects and self-reliance.

Key Issues Under Review

Fighter Aircraft Shortages:

• Current fleet includes 36 Rafale jets; plans for 110+ 4.5-generation fighters are pending.
• Indigenous production (e.g., LCA Mark 1A) will be prioritized despite delays.

Weaponry Gaps: Addressing deficits in air-to-air and air-to-ground missiles to counter China’s advanced arsenal.

Indigenous Development: Plans for 114 fighter aircraft to be domestically manufactured in collaboration with foreign partners.

Strategic Importance

• Regional Threats: Growing air power of China and its support for Pakistan necessitate urgent upgrades to IAF’s defense capabilities.
• Future Readiness: The committee’s recommendations will be critical for strengthening IAF’s operational readiness and ensuring self-reliance in defense.

Science and tech news

SpaDeX Mission: ISRO’s Leap Towards Space Docking Technology

ISRO plans to launch the SpaDeX mission in December 2024 aboard PSLV-C60, aiming to make India the fourth country to achieve space docking technology. The mission involves two spacecraft, SDX01 (Chaser) and SDX02 (Target), demonstrating autonomous in-space docking.

Key Objectives

Primary Objective: Demonstrate rendezvous, docking, and undocking technologies in low-Earth orbit.

Secondary Objectives:

• Power transfer between docked spacecraft.
• Control of composite spacecraft.
• Payload operations post-undocking for up to two years.

Technological Innovations

Indigenous Mechanisms:

• Docking systems and autonomous rendezvous algorithms.
• Power transfer technologies.

Advanced Sensors:

• Laser Range Finder and Proximity Sensors.
• GNSS-based Relative Orbit Determination and Propagation (RODP).

Software and Testing: Algorithms validated using multiple test beds for precision docking.

ISRO Commences Launch Campaign for Gaganyaan-G1 Uncrewed Mission

On December , 2024, the Indian Space Research Organisation (ISRO) began the launch campaign for the Human Rated Launch Vehicle Mark-3 (HLVM3-G1) and Orbital Module (OM-1) for the Gaganyaan-G1 uncrewed mission. This mission marks a significant step towards India’s first crewed spaceflight. The campaign started with the integration of the S200 motor segments at the Satish Dhawan Space Centre (SDSC) in Sriharikota, Andhra Pradesh.

Key Details:

• The HLVM3 is a modified version of the LVM3 launch vehicle, designed with enhanced reliability and safety features for human spaceflight.
• The integration of critical systems such as control systems, avionics, and the Crew Escape System will take place at SDSC and the Vikram Sarabhai Space Centre (VSSC) in Bengaluru, Karnataka. The Orbital Module (OM) integration and testing will occur at the U R Rao Satellite Centre (URSC) in Bengaluru.
• The mission’s launch coincides with the 10th anniversary of the Launch Vehicle Mark-3 (LVM3-X/CARE), which took place on December 18, 2014.

About the Gaganyaan Mission:

The name Gaganyaan is derived from the Sanskrit words for ‘sky’ and ‘vehicle’.

Primary Objective: The mission aims to launch a team of astronauts into space to a 400 km altitude in Low Earth Orbit (LEO) for a three-day expedition, after which they will return by landing in the Indian Ocean.

The Gaganyaan program includes three uncrewed missions and one crewed mission:

• The first uncrewed mission is scheduled for 2024-25.
• The first crewed mission is slated for 2025-27.
• The uncrewed flights will provide critical data on crew safety, vehicle performance, and system integration.
• The Gaganyaan mission is also aimed at enhancing India’s self-reliance in launching heavier payloads and supports the ambitious Bharatiya Antariksh Station (BAS).

About ISRO:

Chairman: Dr. Sreedhara Panicker Somanath

Headquarters: Bengaluru, Karnataka

Established: August 15, 1969

ISRO is one of the six largest space agencies in the world, driving India’s advancements in space exploration.

Award news

ESIC Wins Four Awards at the Regional Social Security Forum for Asia and Pacific (RSSF Asia-Pacific) 2024

The Employees’ State Insurance Corporation (ESIC), a statutory body under the Ministry of Labour and Employment of the Government of India, received four awards at the Regional Social Security Forum for Asia and Pacific (RSSF Asia-Pacific) held in Riyadh, Saudi Arabia.

Key Highlights:

Organizer: The event was organized by the International Social Security Association (ISSA).

Awards: ESIC received the following recognition:

• Certificate of Merit with Special Mention for its mobile app, Ask An Appointment (AAA+).
• Three Certificates of Merit in the categories of Occupational Accident and Disease, Sustainable Investment, and System Resilience.
• App Details: The Ask An Appointment (AAA+) app, available on both Android and iOS, provides services for insured individuals, beneficiaries, staff, and ESI pensioners. It supports 8 languages, including English, Hindi, and six regional languages.
• Award Presentation: The awards were received by Shri Ashok Kumar Singh, Director General of ESIC, on behalf of the corporation.

About ESIC:

The Employees’ State Insurance Corporation (ESIC) is one of India’s two major statutory social security bodies, with the other being the Employees’ Provident Fund Organisation (EPFO). ESIC plays a pivotal role in providing social security and health benefits to employees in India.

About Employees’ State Insurance Corporation (ESIC)

The Employees’ State Insurance Corporation (ESIC) is one of India’s two main statutory social security bodies under the Ministry of Labour and Employment, with the other being the Employees’ Provident Fund Organisation (EPFO).

Key Facts:

• Establishment: ESIC was set up under the Employees’ State Insurance Act, 1948, which was India’s first major social security legislation for workers, passed by the Indian Parliament.
• Objective: The primary goal of ESIC is to provide social security and health insurance benefits to workers in India, covering sickness, maternity, disability, and death.
• Fund Management: The fund is managed by the Employees’ State Insurance Corporation (ESIC), in accordance with the rules and regulations defined in the ESI Act of 1948.
• Launch: The ESIC scheme was officially launched on 24th February 1952, by Prime Minister Pandit Jawaharlal Nehru. This date is now celebrated as ESIC Day.

About the International Social Security Association (ISSA)

The International Social Security Association (ISSA) is an international organization dedicated to promoting social security worldwide. It was founded under the auspices of the International Labour Organization (ILO).

Key Facts:

• Founded: The ISSA was established in 1927.
• Secretary General: Marcelo Abi-Ramia Caetano.
• Headquarters: Geneva, Switzerland.
• Mission: ISSA aims to enhance the effectiveness and efficiency of social security systems across the globe through knowledge exchange, research, and collaboration.

PM Modi Honoured with Kuwait’s Top Civilian Award

Prime Minister Narendra Modi was awarded Kuwait’s highest civilian honour, the Order of Mubarak Al Kabeer, by Amir of Kuwait Sheikh Meshal Al-Ahmad Al-Jaber Al Sabah. This prestigious accolade marks the 20th international honour received by PM Modi, symbolizing his contributions to fostering global partnerships and India’s growing influence on the world stage.

Award Details

• Award: Order of Mubarak Al Kabeer – Kuwait’s highest civilian honour.
• Recipient: Prime Minister Narendra Modi.
• Conferred By: Amir of Kuwait, Sheikh Meshal Al-Ahmad Al-Jaber Al Sabah.
• Eligibility: Given to Heads of State, foreign sovereigns, and royal family members as a gesture of goodwill.
• Previous Recipients: Includes leaders like Bill Clinton, Prince Charles, and George Bush.

Significance of the Honour

• Diplomatic Relations: Reflects the strong ties between India and Kuwait.
• PM Modi’s Dedication: He dedicated the award to the people of India and the India-Kuwait friendship.

Recent International Honors for PM Modi

• Order of Excellence – Guyana.
• Dominica Award of Honour – Dominica.

Kuwait:

• Capital: Kuwait City
• Currency: Kuwaiti Dinar

Sports news

India Clinches Women’s U19 T20 Asia Cup title

India clinched the inaugural U10 Women’s Asia cup T20 title by defeating Bangladesh by 41 runs in the final held at the Bayuemas Oval, Kuala Lumpur on December 22, 2024. The victory was powered by a stellar half century from Gongadi Trisha and an impressive bowling performance, highlighting India’s dominance in the tournament.

• Date: December 22, 2024
• Venue: Bayuemas Oval, Kuala Lumpur
• Result: India defeated Bangladesh by 41 runs to win the inaugural U10 Women’s Asia Cup T20 title.

India’s Innings

• Total Score: 117/7 in 20 overs.
• Star Performer: Gongadi Trisha – 52 runs off 47 balls (5 fours, 2 sixes).

Other Contributions: Mithila Vinod – 17 runs off 12 balls.

Bangladesh’s Bowling

• Farjana Easmin – 4/31 in 4 overs (4 wickets).
• Nishita Akter Nishi – 2 key wickets.

Bangladesh:

• Capital: Dhaka
• Currency: Bangladeshi Taka
• Official language: Bengali
• President: Mohammed Shahabuddin

Appointment news

Eurogrip Tyres Appoints MS Dhoni as Brand Ambassador to Empower Riders

In December 2024, Eurogrip Tyres, a leading brand for 2-wheeler, 3-wheeler, and off-highway tyres in India, appointed Mahendra Singh Dhoni (M.S. Dhoni) as its new Brand Ambassador.

Key Highlights:

• M.S. Dhoni, renowned for his reliability, performance, and passion for riding, aligns perfectly with Eurogrip’s vision of offering riders enhanced control and confidence on every journey.
• The partnership aims to boost the brand’s presence and attract more motorcycle enthusiasts.
• TVS Srichakra Limited (TSL), a part of the TVS Mobility Group, manufactures Eurogrip, TVS Eurogrip, and TVS Tyres.
• TVS Srichakra Limited was established in 1982 and is headquartered in Chennai, Tamil Nadu.

Justice Madan Lokur Appointed Chairperson of UN Internal Justice Council

Justice Madan B Lokur, former Supreme Court Judge of India, has been appointed Chairperson of the United Nations Internal Justice Council (IJC) by UN Secretary-General António Guterres. His term runs from December 19, 2024, to November 12, 2028.

Key Details

Role and Council Composition:

• Justice Lokur leads the five-member IJC, an advisory body ensuring fairness, professionalism, and independence in the UN’s internal justice system.
• Other members: Carmen Artigas (Uruguay), Rosalie Balkin (Australia), Stefan Brezina (Austria), and Jay Pozenal (USA).

Significance:

• Reflects Justice Lokur’s judicial expertise and global recognition.
• Enhances India’s representation in international governance and legal frameworks.

Justice Lokur’s Contributions

• Known for rulings on social justice, human rights, and environmental issues in India.
• His transition to the UN underscores India’s growing influence in global legal and governance systems.

Sports news

Sairaj Pardeshi bags one Gold and two Silver medals at Asian Youth and Junior Weightlifting Championships in Doha

In Weightlifting, India’s Sairaj Pardeshi bagged one gold and two silver medals in snatch, clean and jerk, and total lift categories at the Asian Youth and Junior Weightlifting Championships in Doha, Qatar. He bettered his own youth national records to clinch the 81kg men’s title.

Sanjana’s Performance

Category: 76kg Women’s

Medals: 5 Silver Medals

3 Silver (Youth Category)

2 Silver (Junior Category)

Lifts:

• Total lift: 210kg
• Snatch: 90kg
• Clean and Jerk: 120kg

Shahu Tushar Mane bags Gold medal at Senior National Shooting Championship in Bhopal

In Shooting, Shahu Tushar Mane clinched the gold medal to claim his first senior national title in the men’s 10m Air Rifle competition at the 67th National Shooting Championship, in Bhopal yesterday. He edged out Dhanush Srikanth who bagged the silver medal. Yash Vardhan took the bronze, finishing ahead of Rudrankksh Patil.

Men’s 10m Air Rifle Senior National Final

• Gold Medalist: Shahu Tushar Mane – Claimed his first senior national title.
• Silver Medalist: Dhanush Srikanth
• Bronze Medalist: Yash Vardhan
• Notable Finish: Rudrankksh Patil finished outside the medal positions.

Men’s 10m Air Rifle Junior National Final

• Gold Medalist: Rudrankksh Patil (Maharashtra), a former world champion.
• Silver Medalist: Abishek Sekhar (Karnataka)
• Bronze Medalist: Himanshu (Haryana)

Men’s 10m Air Rifle Youth Event

• Gold Medalist: Himanshu – Scored 253.0.
• Silver Medalist: Yash Pandey (Madhya Pradesh)
• Bronze Medalist: Abhinav Shaw (West Bengal)

Agreement news

December 2024: DPIIT Strengthens India’s Startup Ecosystem with Key MoUs and Initiatives

In December 2024, the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry (MoC&I), entered into two significant Memorandums of Understanding (MoUs) to strengthen India’s startup ecosystem.

Key Developments:

Partnership with HDFC Bank:

• Objective: To provide world-class banking and financial services to startups.
• Focus: Strengthening the startup ecosystem through mentorship, knowledge-sharing, and capacity-building programs.
• HDFC Bank, India’s largest private sector bank by assets, will play a key role in fostering innovation and growth among startups.

MoU with Tally Solutions:

• Objective: To digitally empower startups in the manufacturing sector.
• Tally Solutions, a software company based in Bengaluru, will assist in improving the digital capabilities of manufacturing startups.

About DPIIT:

Role: The DPIIT works to promote and facilitate industry and trade in India, with a focus on boosting the startup ecosystem.

Upcoming Initiative: The Bharat Startup Knowledge Access Registry (BHASKAR) initiative is set to launch under the Startup India program. This will provide valuable resources and strengthen India’s startup ecosystem.

• Secretary: Amardeep Sing Bhatia
• Headquarters: New Delhi
• Established: 1995

These partnerships and initiatives are aimed at driving innovation, improving the digital infrastructure, and creating opportunities for growth within the startup ecosystem in India.

NASSCOM and DIFC Sign MoU to Boost Cross-Border Collaboration in Fintech, AI, and Innovation

In December 2024, the National Association of Software and Service Companies (NASSCOM), based in Noida, Uttar Pradesh, and the Dubai International Financial Centre (DIFC) signed a Memorandum of Understanding (MoU) to enhance cross-border collaboration in areas such as fintech, Artificial Intelligence (AI), and innovation.

Key Highlights of the Agreement:

• Signatories: The MoU was signed by Rajesh Nambiar, President of NASSCOM, and Arif Amiri, CEO of the DIFC Authority.
• Access to DIFC’s Innovation Ecosystem: Over 3000 NASSCOM member companies will get unique access to DIFC’s Innovation Hub, Dubai AI Campus, and its extensive network of leading companies in the financial industry.
• Planned Activities: The partnership includes organizing webinars, roundtables, roadshows, and networking events to foster knowledge exchange, business growth, and collaboration on innovative projects.

About DIFC:

• DIFC serves as the international financial hub for the Middle East, Africa, and South Asia (MEASA) region, covering 77 countries.
• It is home to 6150 active registered companies and drives innovation in the financial sector.

Ranks and report news

NITI Aayog Releases Report on Worker Housing for Manufacturing Growth: A Step Towards Enhancing India’s Industrial Productivity

On December , 2024, the National Institution for Transforming India (NITI) Aayog, chaired by Prime Minister Narendra Modi, released a report titled “Site Adjacent Factory Employee (SAFE) Accommodation: Worker Housing for Manufacturing Growth.” The report emphasizes the need for secure, affordable, flexible, and efficient housing solutions for industrial workers to support the growth of India’s manufacturing sector.

Key Points of the Report:

• Objective: To address the housing challenges faced by workers in industrial zones across India, thereby supporting the growth and productivity of the manufacturing sector.
• Union Budget 2024-25 Initiative: The report was launched as part of the Union Budget 2024-25, aimed at improving worker accommodation facilities.
• Implementation Model: The housing initiative will be executed under a Public-Private Partnership (PPP) model, with Viability Gap Funding (VGF) support. This will be complemented by contributions from anchor industries.

Expected Outcomes:

• Enhanced productivity in manufacturing industries.
• Reduced worker attrition.
• Increased investment in the manufacturing sector due to better living conditions.

About NITI Aayog:

• Chairperson: Prime Minister Narendra Modi
• Headquarters: New Delhi, Delhi
• Established: January 1, 2015

Role: NITI Aayog is responsible for formulating and implementing strategic policies and initiatives for India’s development, including supporting sectors like manufacturing and worker welfare.

This initiative aims to create a more conducive environment for industrial growth by addressing workers’ housing needs, which will help in attracting investments and improving overall industry performance.

India Tops Global Mobile Malware Attacks in Zscaler ThreatLabz 2024 Report

According to the “Zscaler ThreatLabz 2024 Mobile, IoT, and OT Threat Report” by Zscaler Inc., headquartered in the United States, India has now topped the global list for mobile malware attacks, accounting for 28% of worldwide attacks. This is a significant rise from its 3rd place ranking in 2023, surpassing the United States (27.3%) and Canada (15.9%).

Key Findings from the Report:

• Mobile Malware Attacks: India leads the world in mobile malware attacks, contributing to 28% of the global attacks.
• Data Set: The report analyzes over 20 billion threat-related mobile transactions and associated cyber threats from June 2023 to May 2024.

Internet of Things (IoT) Attacks:

• Top Target for IoT Attacks: The United States remains the most targeted country for IoT attacks, with 81% of the total attacks.
• Other Targeted Countries: Singapore, the UK, Germany, and Canada follow as significant targets for IoT attacks.

IoT Attacks by Industry:

Manufacturing: The manufacturing sector accounted for the highest volume of IoT attacks, making up 36% of all IoT malware blocks.

Other Sectors:

• Transportation: 14% of IoT malware blocks.
• Food, Beverage, and Tobacco: 11% of IoT malware blocks.

Important day

National Consumer Day 2024: Union Minister Pralhad Joshi to launch key initiatives to boost consumer protection

National Consumer Day is celebrated on December 24 every year to highlight the importance of consumer protection in India.

• The day marks the enactment of the Consumer Protection Act, 1986, which received presidential assent on this date.
• Theme for 2024: “Virtual Hearings and Digital Access to Consumer Justice”.

Key Initiatives Launched by Minister Pralhad Joshi:

Jago Grahak Jago App: Empowering consumers with information to make informed choices.

Jagriti App and Jagriti Dashboard:

• Aimed at identifying dark patterns on e-commerce platforms.
• Enhances consumer awareness and rights on digital platforms.

e-Mapp Portal:

• Streamlines licensing, verification, and registration processes for businesses.
• Reduces compliance burdens and promotes transparency.

National Consumer Helpline Portal (Revamped):

• Features enhanced functionality and improved navigation.
• Faster grievance resolution to aid consumers.

Safety Pledge by E-commerce Platforms:

• 13 major e-commerce platforms will sign a voluntary safety pledge.
• Platforms will commit to detecting and preventing the sale of unsafe, spurious, and substandard products.

Inauguration of State-of-the-Art Facilities: National Test House facilities in Guwahati and Mumbai to support product testing and consumer safety.

Obituary news

Renowned Folk Artist Darshanam Mogilaiah Passes Away at 73

In December 2024, Darshanam Mogilaiah, the celebrated folk artist and Padma Shri awardee, passed away at the age of 73 in Warangal, Telangana. Born in 1951 in Ausalikunta, Andhra Pradesh (now part of Telangana), Mogilaiah was renowned for his immense contributions to the preservation and promotion of traditional folk music.

Key Points about Darshanam Mogilaiah:

• Padma Shri Awardee: Mogilaiah received Padma Shri, India’s fourth-highest civilian award, in 2022 in recognition of his outstanding contributions to traditional folk music.
• Legacy of the Kinnera: Born into a family of Kinnera players, he became famously known as ‘Kinnera Mogulaiah’. The Kinnera, a stringed instrument originating in the 4th century CE, was a vital part of his musical heritage.
• Innovation of the 12-Stair Kinnera: Mogilaiah was credited with the innovation of the 12-stair Kinnera, which distinguished him from other artists and helped preserve the musical traditions of Telangana’s folk music.
• Cultural Influence: His work gained nationwide recognition, particularly for his role in the Tollywood movie ‘Balagam’, where he not only acted but also performed the emotional song ‘Thoduga Maa Thodundi’, which resonated deeply with fans of folk music.
• A Dying Art: As one of the last artists skilled in playing the Kinnera, Mogilaiah’s efforts were crucial in maintaining this rare musical tradition, ensuring its survival for future generations.

Mogilaiah’s passing represents the end of an era for Telangana’s folk music, and his legacy remains a testament to his dedication to preserving and promoting traditional music.

Edusprint Youtube Channel : Edusprint Academy

We at Edusprint Academy are committed to bringing you the most relevant and updated 20th December current affairs 2024, curated from trusted and official sources. These updates are designed to keep you ahead in your exam preparation journey.

Our comprehensive Current Affairs December 2024 coverage aims to enhance your knowledge and boost your scores in Banking, Insurance, SSC, Railways, UPSC, and all State Government Exams. Explore our Current Affairs tailored to simplify your exam preparation.

National news

Masali Village in Gujarat Becomes India’s First Solar Border Village

Masali, a small village in Gujarat’s Banaskantha district, has become India’s first fully solar-powered border village. Located just 40 kilometers from the Pakistan border, Masali has transformed into a 100% solar-powered community, demonstrating sustainable development in a remote region.

Key Features

Population and Location:

• Masali has a total population of 800 people.
• It is situated in the Vav taluka of Banaskantha district, a region near the Indo-Pak border.

Solar Energy Implementation:

• Under the PM Suryaghar Yojana, solar rooftops have been installed on 119 houses in the village.
• These installations collectively generate over 225 kilowatts (KW) of electricity, making the village self-sufficient in energy.

Administration’s Role:

• Banaskantha Collector Mihir Patel played a pivotal role in ensuring the success of this initiative.
• The project aligns with the Border Development Project, which focuses on enhancing infrastructure and resources in border areas.

Expansion Plans: Inspired by Masali, the administration has targeted making 11 villages in Vav taluka and 6 villages in Suigam taluka fully solar-powered in the near future

PM Suryaghar Yojana: Key Facts for GK

The PM Suryaghar Yojana is an initiative by the Government of India to promote the adoption of solar energy, particularly in rural and remote areas, by providing financial and infrastructural support. This scheme is part of India’s broader renewable energy mission to reduce dependency on non-renewable energy sources and achieve sustainability goals.

• Launch Year: The PM Suryaghar Yojana was launched in 2023 as part of India’s ongoing efforts to promote renewable energy and achieve sustainable development goals.
• Ministry: The scheme comes under the Ministry of New and Renewable Energy (MNRE), which is responsible for the formulation and implementation of policies related to renewable energy in India

Gujarat:

• Capital: Gandhinagar
• Governor: Acharya Devvrat
• Chief minister: Bhupendra Patel

State news

Uttarakhand to Implement Uniform Civil Code from January 2025

Uttarakhand will make history as the first Indian state to implement the Uniform Civil Code (UCC) starting January 2025, fulfilling a key promise made by Chief Minister Pushkar Singh Dhami during the 2022 assembly elections. The UCC aims to establish uniform personal laws across marriage, divorce, inheritance, and adoption, regardless of religion or caste, while excluding tribal communities.

Formation of UCC: Past and Present

• Genesis in 2022: Following the BJP’s victory in the 2022 Uttarakhand assembly elections, the first cabinet meeting of the new government approved the formation of a five-member expert committee led by retired Supreme Court Justice Ranjana Prakash Desai to draft the UCC.
• Legislative Milestone: The Uniform Civil Code, Uttarakhand 2024 Bill was passed in the state assembly on February 7, 2024, and received presidential assent on March 12, 2024.

Implementation Roadmap

• Final Preparations: A nine-member sub-committee, led by former chief secretary Shatrughna Singh, drafted the rules after 43 meetings. The training of officials and infrastructure setup are in the final stages.
• Digital Initiatives: A portal and mobile app have been developed to facilitate online registration, appeals, and other UCC-related services for public convenience.
• Execution Framework: Three sub-committees framed the implementation rules under Singh’s guidance, ensuring adequate training and resources for personnel.

Significance of the UCC in Uttarakhand

The Uniform Civil Code seeks to make Uttarakhand legally just and equitable by eliminating disparities in personal laws. CM Dhami emphasized that this initiative is a transformational move, aimed at achieving uniformity in personal laws, with an exception for the tribal communities, who are excluded from the Act.

Uttarakhand:

• Capitals: Dehradun (Winter), Bhararisen (Summer)
• Founded: 9 November 2000
• Chief minister: Pushkar Singh Dhami
• Governor: Gurmit Singh

Madhya Pradesh Welcomes 10th International Forest Fair

The 10th International Forest Fair in Bhopal, Madhya Pradesh commenced on December 17, 2024, and will run until December 23, 2024. The fair aims to promote sustainable forest practices, empower local communities, and foster collaboration across the forestry sector.

Key Highlights:

Event Duration: The fair will be held from December 17 to December 23, 2024 in Bhopal, Madhya Pradesh.

Theme: “Women Empowerment through Minor Forest Produce”.

The fair focuses on empowering women in the forestry sector, where 50% of the workforce is engaged in managing minor forest produce.

Key Attendees:

• Governor Mangubhai Patel
• Chief Minister Dr. Mohan Yadav
• Representatives from Sri Lanka, Nepal, and Australia participate, enriching the fair’s international outreach.

Madhya Pradesh:

• Capital: Bhopal (Executive Branch)
• Governor: Mangubhai C. Patel
• Chief Minister Dr. Mohan Yadav

Banking news

India Signs $42 Million Loan Agreement with ADB to Strengthen Coastal Resilience in Maharashtra

On December, 2024, the Central Government of India and the Asian Development Bank (ADB) signed a loan agreement worth $42 million to support coastal protection efforts in Maharashtra. This initiative aims to strengthen the resilience of coastal communities and safeguard their livelihoods.

Objective of the Loan:

• The loan will focus on strengthening coastal protection to boost the community resilience in Maharashtra.
• It will help restore and stabilize the coastline, which has been vulnerable to erosion and climate change impacts.

Stakeholder Involvement:

• The project will primarily involve the Maharashtra Maritime Board, which will receive support in terms of shore management planning.
• A new Coastal Infrastructure Management Unit will be established under the project to improve management and implementation.

Capacity Building Focus:

• The loan agreement includes provisions for capacity building for various stakeholders, including local communities, government agencies, and institutions.
• Gender equality and social inclusion will be prioritized in coastal management and livelihood activities, ensuring equal access and opportunities for all members of coastal communities.

Maharashtra:

• Chief minister: Devendra Fadnavis
• Governor: C. P. Radhakrishnan
• Capital: Mumbai

Appointment news

Rama Mohan Rao Amara Appointed as SBI’s New Managing Director

The Indian government has appointed Rama Mohan Rao Amara as the new Managing Director (MD) of State Bank of India (SBI) for a tenure of three years. His appointment, approved by the Appointments Committee of the Cabinet (ACC), follows a recommendation by the Financial Services Institutions Bureau (FSIB). Amara takes over from CS Setty, who became the Chairman of SBI in August 2024.

Selection Process and Recommendation: The FSIB reviewed nine candidates for the MD position, ultimately selecting Amara based on his performance in interviews, qualifications, and extensive experience within the banking sector.

SBI:

• Headquarters: Mumbai
• Founded: 1 July 1955
• Key people: Challa Sreenivasulu Setty (Chairman)

Defence news

Indian Army Unveils AI Incubation Centre for Future Warfare

The Indian Army AI Incubation Centre (IAAIIC) has been launched in Bengaluru, marking a major step in modernizing its operational capabilities and advancing its technological prowess. The virtual inauguration was led by Chief of Army Staff (COAS) General Upendra Dwivedi. This initiative aims to harness Artificial Intelligence (AI) to transform the Army’s capabilities, aligning with India’s vision for self-reliance under the Atmanirbhar Bharat campaign.

Key Objectives and Features:

AI Innovation Hub:

The IAAIIC will function as a collaborative platform, bringing together academia, startups, and industry experts to develop AI-driven solutions tailored to the needs of the Indian Army.

Focus Areas in Research and Development:

The centre will concentrate on developing solutions in critical areas such as:

• Predictive maintenance for military equipment.
• Advanced surveillance technologies.
• Decision support systems to enhance operational efficiency.
• Development of autonomous platforms for combat and logistical purposes.

Building Indigenous Talent: One of the key goals of the IAAIIC is to foster local AI expertise, reducing dependence on foreign technologies and creating a skilled workforce in the domain of defence technology.

Technological Support: The centre will be equipped with state-of-the-art infrastructure from Bharat Electronics Limited (BEL) and supported by a supercomputer from the Centre for Development of Advanced Computing (CDAC), facilitating AI training and development.

Award news

Easterine Kire Wins Sahitya Akademi Award 2024 for ‘Spirit Nights’ in English Category

The Sahitya Akademi Awards for 2024 have been announced, recognizing literary excellence in 21 languages. These prestigious awards are given annually to honor outstanding works of literature across various genres, including poetry and novels. This year, several authors from the North East have been recognized for their contributions to literature.

Key Awardees and Their Works

English Language Category:

• Kire’s novel, Spirit Nights, published by Simon and Schuster India, won the award in the English language category.
• Spirit Nights is inspired by the folklore of the Chang Naga tribe of Nagaland, weaving a tale of darkness and mystery from their narratives.

Assamese Language Category (Poetry): Sameer Tanti won the award for his work Pharingbore Bator Katha Jane in the Poetry category.

Manipuri Language Category (Poetry): Haobam Satyabati Devi was awarded for her poetry collection Mainu Bora Nungshi Sheirol.

Bodo Language Category (Novel): Aron Raja was recognized for his novel Swrni Thakhai, which won the award in the Novel category for the Bodo language.

Bhutan Confers Royal Honour on Indian Educationist Arun Kapur

Indian educationist Arun Kapur has been honoured by Bhutan’s King Jigme Khesar Namgyel for his significant contributions to education in India, Bhutan, and Oman. This recognition took place during the 117th Bhutanese National Day celebrations at the Changlimithang stadium in Thimphu, where Kapur was conferred the prestigious Red Scarf and the title ‘Dasho’.

Key Recognition: Red Scarf and ‘Dasho’ Title

• Award Conferred: Bhutan’s King presented Arun Kapur with the ‘Bura Marp’ (red scarf) and ‘Patang’ (ceremonial sword) in recognition of his exceptional contributions to education.
• Dasho Title: The title ‘Dasho’ is a rare honour traditionally reserved for senior Bhutanese officials, and it is usually not granted to non-residents, making this recognition especially significant.

Past Contributions and Achievements

• Previous Honour: In 2019, Arun Kapur was awarded the ‘Druk Thuksey’ for his pivotal role in establishing The Royal Academy school and developing the Bhutan Baccalaureate educational system.
• Leadership at Vasant Valley School: Kapur served as the head of Vasant Valley School in Delhi for 29 years, where he made substantial contributions to shaping the educational landscape before retiring in April 2020.

Arun Kapur’s work in the field of education has had a lasting impact, particularly in Bhutan, where his initiatives in educational development have been widely recognized and celebrated.

Bhutan:

• Capital: Thimphu
• Currencies: Bhutanese Ngultrum, Indian Rupee
• Official language: Dzongkha
• King: Jigme Khesar Namgyel Wangchuck

Sports news

New Delhi to host 2025 World Para Athletics C’ships at Jawaharlal Nehru Stadium

In a significant development for sports in India, New Delhi is set to host the 2025 World Para Athletics Championships at the Jawaharlal Nehru Stadium. This will be the first time that India will host this prestigious event. The championships are scheduled to take place from September 26 to October 5, 2025.

Event Overview:

• The 2025 World Para Athletics Championships will be the 12th edition of the event.
• This will also be the fourth time the championships are being held in Asia, following previous editions in Doha (2015), Dubai (2019), and Kobe (2024).

Significance:

• Hosting the World Para Athletics Championships is a major milestone for India’s sporting landscape, highlighting the nation’s commitment to promoting inclusive sports.
• The event will bring together elite para-athletes from around the world, fostering greater awareness and appreciation for adaptive sports.

Additional Event:

• In addition to the championships, New Delhi will also host a World Para Athletics Grand Prix for the first time.
• The Grand Prix will take place from March 11 to 13, 2025, also at the Jawaharlal Nehru Stadium.

Venue: Jawaharlal Nehru Stadium, New Delhi – one of the most prominent stadiums in India, known for hosting significant national and international events.

Award news

President Murmu to award President’s Colours to College of Defence Management

The College of Defence Management (CDM), Secunderabad, will be awarded the prestigious President’s Colours today, recognizing its outstanding contributions to military education and training. The award will be presented by President Droupadi Murmu during a ceremonial event held at the CDM.

Key Highlights

Establishment and Evolution: Founded in 1970, the CDM initially focused on administrative training for military officers. Over the years, it has evolved into one of the most respected institutions in India, offering advanced training in strategic planning, resource management, and leadership.

Training Programs:

• The CDM conducts a range of training programs, including the Higher Defence Management Course and the Senior Defence Management Course.
• These programs attract military personnel not only from India but also from across the world, emphasizing the college’s international recognition.

Emphasis on Multi-Domain Warfare:

• With a growing focus on multi-domain warfare, the CDM has adapted its curriculum to address the evolving challenges faced by modern military forces.
• The college now stands at the forefront of professional military education, equipping officers with the necessary skills to manage complex and dynamic defence environments.

Role of CDM in Professional Military Education: CDM plays a crucial role in shaping the future of military leadership in India and beyond, contributing to the nation’s defence preparedness and strategic capabilities.

Renowned Tabla Maestro Pt. Swapan Choudhary Awarded 2023 National Tansen Samman

The prestigious National Tansen Award and Raja Mansingh Tomar Award were conferred at the Tansen Festival held in Gwalior, Madhya Pradesh, the renowned music capital of India.

• National Tansen Award and Raja Mansingh Tomar Award Presented at Tansen Festival in Gwalior
• The prestigious National Tansen Award and Raja Mansingh Tomar Award were conferred at the Tansen Festival held in Gwalior, Madhya Pradesh, the renowned music capital of India.

National Tansen Award 2023:

• Recipient: Pt. Swapan Choudhary, a distinguished tabla player from Kolkata.
• Award Details: Pt. Choudhary was honoured with the National Tansen Samman for 2023, one of the highest recognitions in the field of Indian classical music.
• The award included an honorarium of five lakh rupees, a citation plaque, and a shawl-shriphal.

About the Award: The National Tansen Samman, established by the Madhya Pradesh government, is named after the legendary Tansen, one of the greatest musicians of the Mughal era. It recognizes exceptional contributions to Indian classical music.

Pt. Swapan Choudhary’s Reaction: He expressed his gratitude and honor in receiving the award, highlighting the significance of this recognition in his long-standing career as a tabla maestro.

Raja Mansingh Tomar Award 2023:

• Recipient: Sanand Nyas, an institution based in Indore.
• About the Institution: Sanand Nyas has been actively promoting classical music, drama, and cultural festivals in Indore for over 35 years.
• Award Details: Sanand Nyas was conferred with the Raja Mansingh Tomar Samman for its significant contributions to the cultural and artistic landscape of Madhya Pradesh.

Tansen Festival: The Tansen Festival in Gwalior is a celebration of Indian classical music and has been an important cultural event for years. The awards presented during the festival recognize outstanding contributions to the Indian classical music tradition, further elevating the importance of Gwalior as a historic center for classical music and culture.

Science and tech news

Historic Dolphin Tagging Initiative in Assam

India has achieved a significant milestone in wildlife conservation with the first-ever satellite tagging of a Ganges River Dolphin (Platanista gangetica), a key initiative under Project Dolphin led by the Ministry of Environment, Forest and Climate Change (MoEFCC). This project, conducted in Assam, marks a global first for the species and serves as a major step in protecting India’s National Aquatic Animal.

Key Highlights of the Ganges River Dolphin Tagging Initiative

First-Ever Tagging of the Species

• Global First: This is the first-ever satellite tagging of the Ganges River Dolphin, not just in India but globally.
• The tagging was performed on a healthy male dolphin in Assam, which was carefully released back into the river under veterinary supervision.

Collaborative Effort

• The initiative was conducted by MoEFCC in partnership with the Wildlife Institute of India (WII), Assam Forest Department, and Aaranyak.
• It is funded by the National CAMPA Authority as part of the larger Project Dolphin.

Objectives of the Tagging

• The primary goals of tagging include gathering critical data about the dolphin’s habitat needs, seasonal migratory patterns, and range.
• This effort addresses gaps in knowledge regarding the conservation strategies for this elusive aquatic mammal.

Advanced Technology in Tagging

Satellite Tags: Lightweight satellite tags compatible with Argos systems were used, designed to function efficiently despite the dolphin’s limited surfacing time (5-30 seconds).

Ecological Importance of Ganges River Dolphins

National Aquatic Animal: The Ganges River Dolphin is declared as India’s National Aquatic Animal.

As apex predators, they play a crucial role in the health of river ecosystems and act as umbrella species for the environment.

The dolphins are nearly blind, relying on echolocation for navigation and feeding in murky river waters.

Challenges in Conservation

• Population Decline: The species faces significant threats due to habitat fragmentation, pollution, and human activities in their river ecosystems.
• Behavioral Challenges: Dolphins surface briefly, making tracking and observation difficult, and complicating conservation efforts.

Statements from Key Leaders

• Union Minister Bhupender Yadav described this initiative as a “historic achievement”, highlighting its importance for the conservation of India’s National Aquatic Animal.
• Project investigator Dr. Vishnupriya Kolipakam pointed out the broader ecological benefits of protecting river dolphins, which contributes to aquatic biodiversity and supports human livelihoods.

Assam:

• Capital: Dispur
• Chief minister: Himanta Biswa Sarma
• Governor: Lakshman Acharya

Ranks and report news

India Emerges as 3rd Largest Exporter in Smartphone Market

India’s remarkable rise in global smartphone exports, from the 23rd position in 2019 to the 3rd spot in 2024, is a testament to the country’s growing prowess in manufacturing and export sectors. This achievement, marked by smartphone exports crossing ₹20,000 crore in November 2024, underscores the positive impact of government initiatives and the strengthening of the domestic production ecosystem.

Key Highlights

Growth in Smartphone Exports

• 92% Growth: India’s smartphone exports grew by 92% in November 2024 compared to the same month in the previous year.
• Exports in November 2024: The export value reached ₹20,395 crore, a significant increase from ₹10,634 crore in November 2023, showcasing the country’s growing presence in global markets.

Government Initiatives Driving Growth

• Production-Linked Incentive (PLI) Scheme: The scheme was designed to boost local manufacturing and reduce dependency on imports, fostering self-sufficiency in the sector.
• Export Targets for 2024-25: India aims to export 70-75% of the total production value, a clear indication of the government’s commitment to making India a global manufacturing hub.

The scheme supports both domestic and international companies in establishing manufacturing units within India, thereby fostering a conducive ecosystem for growth.

Sports news

Pranav Venkatesh wins FIDE World U-18 Youth Rapid & Blitz Chess titles

India’s Pranav Venkatesh has made history by winning both the FIDE World Under-18 Youth Rapid and Blitz titles in Slovenia, marking an outstanding achievement in the chess world. Pranav, the top-seeded Grandmaster from Chennai, triumphed in both categories, showcasing exceptional skill and composure.

Rapid Category (Gold Medal)

• Pranav Venkatesh clinched the gold medal in the Rapid category with a stellar score of 9.5 points.
• Alexander Khripachenko from Russia secured the silver medal with 9 points.
• Roman Pyrih from Ukraine took the bronze with 7.5 points.

Blitz Category (Gold Medal)

• In the Blitz category, Pranav scored an impressive 19.5 points, finishing with a round to spare, ensuring his victory.
• Dmitry Mochalov from Russia claimed silver with 15.5 points.
• Alexander Khripachenko, who also competed in the Blitz, earned the bronze.

Significance of the Achievement: Pranav Venkatesh was the only Grandmaster competing in the event, which had six categories across both Rapid and Blitz formats. This highlights his exceptional performance, as he triumphed over a highly competitive field.

His success in both formats—Rapid and Blitz—adds to his growing reputation as one of India’s top young chess talents.

Kiran Ankush Jadhav clinches Men’s 50m Rifle 3P title at 67th National Shooting Championship

Indian Navy’s Kiran Ankush Jadhav made a remarkable performance at the 67th National Shooting Championship in Bhopal, claiming the men’s 50m rifle 3 positions (3P) title. He triumphed over Paris Olympic bronze medalist Swapnil Kusale and Olympian Aishwary Pratap Singh Tomar, securing the gold medal with a score of 465.8 in the final.

Key Highlights of the Event:

Kiran Ankush Jadhav’s Victory:

• Jadhav was in third place until the 40th shot of the final but made a strong comeback in the closing stages, shooting a series of 10.6, 10.4, 10.6, 10.0, and 10.8 to clinch the gold.
• His final score of 465.8 was enough to outpace Aishwary Pratap Singh Tomar, who finished second with 463.1 points.

Competition Overview: Swapnil Kusale, the Olympic bronze medalist, led the final till the 40th shot but finished in third place with 451.8 points after struggling in the final stages.

Venue: The event took place at the M.P. State Academy Shooting Range in Bhopal, where the shooters competed in a 45-shot final.

38th National Games Uttarakhand Unveils Mascot, Logo, Anthem, and Tagline

Uttarakhand unveiled the mascot, logo, jersey, anthem, and tagline for the 38th National Games 2025 in a ceremony held at Maharana Pratap Sports College, Dehradun. Scheduled from January 28 to February 14, 2025, the event reflects a mix of tradition, athleticism, and Uttarakhand’s rich heritage. The unveiling was led by Indian Olympic Association (IOA) President PT Usha and Chief Minister Pushkar Singh Dhami, marking a significant step for the state’s sports community.

Key Highlights of the 38th National Games 2025 Launch:

• Mascot “Mauli”:
• Inspired by Monal, Uttarakhand’s state bird.
• Symbolizes the region’s uniqueness and motivates young athletes to aim high.

Logo: Reflects the state’s beauty and biodiversity, incorporating vibrant imagery of the Monal.

Tagline: “Sankalp Se Shikhar Tak” (From Resolve to Zenith) — representing determination and ambition.

Event Details:

• Dates: January 28 to February 14, 2025.
• Participants: Over 10,000 athletes, officials, and coaches from across India, including teams from institutions like the Services.
• Sports: Competitions will take place in 38 sports, including traditional sports like yoga and mallakhamb.

Ceremonial Torch: The National Games torch was lit during the ceremony.

The torch will travel across Uttarakhand to promote sports culture and inspire youth sportsmanship.

Important days

Minorities Rights Day Celebrated Nationwide

Minorities Rights Day is observed every year on December 18 to commemorate the adoption of the United Nations’ Statement on the Rights of Individuals belonging to Religious or Linguistic National or Ethnic Minorities in 1992. The National Commission for Minorities (NCM) in India celebrated this significant day on December 18, 2024, to raise awareness about the rights of minorities and promote their freedom, equality, and inclusion in society.

Key Highlights of the Minorities Rights Day 2024 Celebrations:

Date of Celebration: December 18, 2024

Significance of the Day:

• Commemorates the adoption of the UN Statement on the Rights of Minorities (1992).
• Focuses on promoting freedom, equality, and opportunities for minorities in India.
• Highlights efforts to create awareness about the rights of minorities and the welfare and empowerment of minority communities in India.
• The observance of this day underlines the importance of upholding the rights of minorities and ensuring their equal participation in the socio-economic and cultural fabric of society.

Edusprint Youtube Channel : Edusprint Academy

We at Edusprint Academy are committed to bringing you the most relevant and updated 21st December current affairs 2024, curated from trusted and official sources. These updates are designed to keep you ahead in your exam preparation journey.

Our comprehensive Current Affairs December 2024 coverage aims to enhance your knowledge and boost your scores in Banking, Insurance, SSC, Railways, UPSC, and all State Government Exams. Explore our Current Affairs tailored to simplify your exam preparation.

National news

Union Cabinet Approves Bills for One Nation, One Election (ONOE)

In December 2024, the Union Cabinet, chaired by Prime Minister Narendra Modi, approved two significant bills aimed at implementing the One Nation, One Election (ONOE) initiative. This initiative seeks to synchronize the elections for the Lok Sabha, state legislative assemblies, and local bodies across India in a phased manner.

Key Bills Approved:

Constitution (129th Amendment) Bill, 2024:

• Aims to align the terms of the Lok Sabha and state assemblies for simultaneous elections.
• This bill will amend the Constitution to allow for synchronized electoral schedules, reducing election-related disruptions.

Union Territories Laws (Amendment) Bill, 2024:

• Focuses on aligning the election schedules of Union Territories (UTs) such as Puducherry, Delhi, and Jammu & Kashmir with the Lok Sabha elections.
• Ensures a more streamlined election process across the entire nation.

Context and Recommendations:

• These bills are based on the recommendations of the High-level Committee on Simultaneous Elections, which was formed under the chairmanship of former President Ram Nath Kovind in September 2023.
• The committee’s report provided detailed suggestions for implementing ONOE, including addressing logistical, constitutional, and practical challenges.

Additional Points:

Benefits:

• Reduction in election-related costs for the government and political parties.
• More effective governance due to a more stable political environment.
• Efficient use of resources, both human and financial, for election administration.

Challenges:

• Legal and constitutional amendments will require cooperation from various stakeholders.
• There may be concerns about the feasibility of managing multiple elections simultaneously, especially in terms of logistics and voter turnout.
• The approval of these bills marks a significant step towards realizing the One Nation, One Election vision, which aims to bring electoral harmony and stability across India.

Bharat Mobility Global Expo 2025: India’s Automotive Milestone

The Bharat Mobility Global Expo 2025 will take place from January 17-22 across Delhi NCR, marking India’s growing role as a global hub for mobility. With over 1,500 exhibitors and an expected 500,000 visitors, the event is set to become the world’s second-largest auto show. Key automotive giants such as Maruti Suzuki, Tata Motors, and BYD will showcase new models, with a focus on electric vehicles (EVs), hybrid technologies, and alternative fuels. In its second edition, the expo promises to build on the success of the inaugural 2024 event, reinforcing India’s commitment to sustainable mobility and engineering excellence.

Global Presence

Participation from 13+ countries, including:

• Germany.
• Japan.
• USA.

International companies presenting cutting-edge automotive solutions.

International news

UK Joins the Comprehensive & Progressive Agreement for Trans-Pacific Partnership (CPTPP)

In December 2024, the United Kingdom (UK) officially became the first European country to join the Comprehensive & Progressive Agreement for Trans-Pacific Partnership (CPTPP), a significant trade bloc in the Indo-Pacific region.

• 12th Member of CPTPP: The UK is now the 12th member of the CPTPP, and the first non-founding member to join the trade bloc.
• This move is a key part of the UK’s post-Brexit strategy to strengthen its global trade relationships after withdrawing from the European Union (EU) in 2020.

About CPTPP:

Successor to TPPA: The CPTPP succeeded the Trans-Pacific Partnership Agreement (TPPA), originally involving 12 Pacific Rim countries. The United States formally withdrew from the TPPA in 2017, leading to the creation of the CPTPP.

Free Trade Agreement: It is a Free Trade Agreement (FTA) signed by 11 countries: Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore, and Vietnam.

Agreement Signed: The CPTPP was signed on March 8, 2018.

Pact Enactment: Initially, it came into force on December 30, 2018, for six countries (Australia, Canada, Japan, Mexico, New Zealand, and Singapore).

Expansion: The pact has since expanded to include other countries: Vietnam (2019), Peru (2021), Malaysia (2022), Chile (2023), and Brunei Darussalam (2023).

About the United Kingdom (UK):

• Prime Minister: Keir Starmer.
• Capital: London.
• Currency: Pound Sterling (GBP).

Economy news

CareEdge Ratings Revises India’s GDP Growth Forecast for FY25

In December 2024, CareEdge Ratings, a subsidiary of Care Ratings Limited, revised its Gross Domestic Product (GDP) projection for India to 6.5% for Financial Year 2024-25 (FY25), down from the earlier estimate of 6.8%. The agency also projects a 6.7% growth for India’s GDP in FY26.

Key Factors Behind the Downward Revision:

• Slower Growth in Q2 (FY25): A weaker performance in the second quarter (July-September) of FY25.
• Corporate Profitability: A sharper contraction in corporate profitability during the same period.
• Reduced Public Capital Expenditure: A decline in public capital expenditure (capex) in the first half (H1) (April to September) of FY25.

Growth Projections and Expectations:

• Second Half (H2) Rebound: CareEdge expects the Indian economy to rebound in the second half (October to March) of FY25, primarily due to a recovery in consumption and a rise in government capital expenditure.
• Nominal GDP Projection: The nominal GDP growth for FY25 is projected at 9.9%, lower than the budgeted estimate of 10.5%.

Fiscal and Economic Outlook:

• Fiscal Deficit: CareEdge projects the fiscal deficit of the central government at 4.8% of GDP for FY25, slightly below the budgeted 4.9%.
• Capex Shortfall: The agency estimates that central government capital expenditure will fall short of its target by Rs 1.5 trillion, which could impact long-term infrastructure growth.

Export Growth:

• Merchandise Exports: Expected to grow by 2.5% in FY25 amid global uncertainties.
• Services Exports: Projected to rise by 13%.
• Current Account Deficit (CAD): The Current Account Deficit is expected to remain manageable at 0.9% of GDP for FY25, demonstrating resilience in the external sector.

About CareEdge Ratings:

• Managing Director (MD) and CEO: Mehul Pandya.
• Headquarters: Mumbai, Maharashtra.
• Established: 1993.

India Achieves Significant Milestone with USD 1 Trillion FDI Inflows

In December 2024, India reached a remarkable economic milestone, with gross Foreign Direct Investment (FDI) inflows totaling USD 1 trillion since April 2000, marking a significant achievement in its economic journey.

Key Highlights:

• FDI Growth in FY25: In the first half of the Financial Year 2024-25 (FY25), FDI inflows increased by 26%, amounting to USD 42.1 billion.
• FDI in the Last Decade: Between April 2014 to September 2024, India received USD 709.84 billion in FDI, which constitutes 68.69% of the total FDI inflows over the past 24 years.

Government Initiatives:

• Make in India: The “Make in India” initiative has played a pivotal role in attracting investments, fostering a conducive environment for industrial growth.
• Liberalized Policies & GST: Liberalized sectoral policies and the introduction of the Goods and Services Tax (GST) have strengthened the investment ecosystem in India.
• Income Tax Act Amendment: The 2024 amendment to the Income Tax Act, 1961 abolished angel tax and reduced the income tax rate for foreign companies, further boosting investor confidence.

India’s Global Rankings & Achievements:

• World Competitive Index 2024: India improved its position to 40th from 43rd in 2021.
• Global Innovation Index 2023: India ranked 40th out of 132 economies, securing the 48th position among the top 50 most innovative countries.
• Greenfield Projects: According to the World Investment Report 2023, India was the 3rd largest recipient of greenfield projects, with 1,008 announcements, reflecting its strong appeal to new investments.

This economic success highlights India’s growing prominence as a global investment destination, supported by government reforms and initiatives designed to strengthen the country’s investment climate.

Award news

Kiran Mazumdar-Shaw Conferred with 2024 Jamsetji Tata Award

In December 2024, Kiran Mazumdar-Shaw, the Chairperson of Biocon Group, was conferred the 2024 Jamsetji Tata Award by the Indian Society for Quality (ISQ) at its Annual Conference 2024 held in Bengaluru, Karnataka.

Award Recognition:

• Award Reason: Kiran Mazumdar-Shaw was honored for her pioneering contributions to the bioscience movement in India since 1978. As a first-generation entrepreneur, she established Biocon Limited and associated companies, serving customers both in India and across the globe.
• Presentation: The award was presented to her by Janak Kumar Mehta, President of ISQ and Chairman & Managing Director (CMD) of TQM International.

About Kiran Mazumdar-Shaw:

Biotech Pioneer: Kiran Mazumdar-Shaw is the founder of Biocon, a leading global biopharmaceuticals enterprise.

Awards & Honors:

• She was awarded the Padma Shri (Trade & Industry) in 1989 and the Padma Bhushan (Science & Engineering) in 2005.
• In 2020, she received the Order of Australia, the country’s highest civilian honor, and was named EY World Entrepreneur of the Year.
• In 2014, she was honored with the Othmer Gold Medal by the U.S.-based Chemical Heritage Foundation.

About the Jamsetji Tata Award:

• Institution: The Jamsetji Tata Award was established in 2004 by the Indian Society for Quality (ISQ).
• Purpose: The award recognizes business leaders who have made substantial contributions to Indian society.
• Named After: It is named after Jamsetji Tata, known as the ‘Father of Modern Indian Industry’.
• Kiran Mazumdar-Shaw’s receipt of this prestigious award underscores her significant role in transforming India’s biotechnology sector and her lasting impact on the global healthcare landscape.

Agreement news

India and France Collaborate to Establish World’s Largest Museum

The Ministry of Culture, in partnership with France Museums Développement (FMD), has launched an ambitious project to develop the Yuga Yugeen Bharat National Museum as a global cultural landmark. Spanning approximately 1,55,000 square meters across the North and South Blocks in New Delhi, the museum will celebrate India’s civilizational history and serve as a cornerstone of the Central Vista Redevelopment Project.

Objective:

• To develop the Yuga Yugeen Bharat National Museum as a global cultural landmark.
• Showcase India’s civilizational history and heritage.

Location: Spanning 1,55,000 square meters across the North and South Blocks in New Delhi.

Key Association: A partnership between India’s Ministry of Culture and France Museums Développement (FMD).

Alignment: Part of the Central Vista Redevelopment Project, emphasizing modern infrastructure and heritage preservation.

Project Timeline

Announcement:

• Announced by Prime Minister Narendra Modi at the International Museum Expo in May 2023.
• Reiterated during the Bharat Mandapam inauguration in July 2023.

Phase-wise Execution: North Block Transformation Deadline: June 2026.

Relocation of Ministries:

• Ministries of Finance, Home Affairs, and others will move to the Common Central Secretariat by March 2025.
• Retrofitting of the North and South Blocks to commence after the relocation.

France:

• Capital: Paris
• President: Emmanuel Macron

CENJOWS and NDMA Sign MoU to Strengthen Disaster Management in India

In December 2024, the Centre for Joint Warfare Studies (CENJOWS), a tri-services think tank under the Headquarters Integrated Defence Staff (HQ IDS), Ministry of Defence, signed a Memorandum of Understanding (MoU) with the National Disaster Management Authority (NDMA) to enhance India’s disaster management capabilities.

Key Highlights of the MoU:

Signatories:

• Lt Gen Syed Ata Hasnain (Retd), Member, NDMA.
• Major General (Dr) Ashok Kumar (Retd), Director General, CENJOWS.
• The agreement establishes a strategic collaboration to tackle the critical challenges in disaster preparedness, response, and mitigation, aiming to create a “whole of the nation” approach for disaster management.

Key Areas of Collaboration:

• Collaborative Research: Joint research on disaster management, Humanitarian Assistance and Disaster Relief (HADR) operations, and disaster diplomacy to inform government policies.
• Capacity Building: Organizing workshops, seminars, and training programs for key stakeholders, including armed forces, NDMA officials, and other relevant agencies.
• Awareness Campaigns: Nationwide initiatives to raise awareness on disaster preparedness and risk reduction, promoting community resilience.
• International Engagements: Promoting international cooperation in disaster management, in alignment with India’s broader foreign policy objectives.

Objective:

The MoU aims to enhance India’s capacity to manage disasters efficiently and effectively, leveraging the combined expertise of both CENJOWS and NDMA. This collaboration will contribute to strengthening India’s disaster management framework, improving national and international disaster response capabilities.

Banking news

Centre, ADB Sign $42 Million Loan for Coastal Protection in Maharashtra

The Central government and the Asian Development Bank (ADB) have signed a $42 million loan agreement to bolster coastal and riverbank protection in Maharashtra. This initiative aims to enhance the resilience of coastal communities and ecosystems by employing hybrid approaches, such as offshore reefs, rock protection works, and nature-based solutions like beach and dune nourishment. Advanced technologies, including remote sensing and climate change impact predictions, will improve shoreline management while addressing issues in tourism and fisheries sectors.

Overview

Parties Involved: Central Government of India and Asian Development Bank (ADB).

Loan Amount: $42 million.

Purpose:

• To enhance coastal and riverbank protection in Maharashtra.
• Focus on resilience of coastal communities and ecosystems.

Key Objectives

Combating Coastal Erosion: Implementation of hybrid approaches for stabilizing Maharashtra’s coastline.

Methods include:

• Offshore reefs.
• Rock protection works.
• Nature-based solutions like beach and dune nourishment.

Enhanced Resilience:

• Addressing challenges faced by tourism and fishery sectors, critical for local livelihoods.
• Mitigating risks of erosion and flooding.

Community Inclusion:

Active participation of:

• Women, youth, and vulnerable groups.
• Focus on disaster preparedness and response strategies.

Asian development bank:

• Headquarters: Mandaluyong, Philippines
• Founded: 19 December 1966
• President: Masatsugu Asakawa (until February 23, 2025), Masato Kanda

Appointment news

Reappointment of Dr. Shankar Prasad Sharma as Nepal’s Ambassador to India

Reappointed as Nepal’s Resident Ambassador to India by President Ram Chandra Paudel. Appointment made under Article 282 (1) of Nepal’s Constitution, following the Council of Ministers’ recommendation.

• Previous Tenure:
  • Served as Ambassador to India from March 2022 to July 2024.
• Reappointment Timeline:
  • Received Agrément from India on December 13, 2024, 2.5 months after Nepal’s proposal.

Netra Prasad Timilsina: Appointed as the Resident Ambassador of Nepal to Malaysia.

Nepal:

• Capital: Kathmandu
• Currency: Nepalese Rupee
• Official language: Nepali

Sports news

Salman Khan Named Brand Ambassador for Kho Kho World Cup

The Kho Kho Federation of India (KKFI) has officially appointed Bollywood superstar Salman Khan as the brand ambassador for the inaugural Kho Kho World Cup, which will be held in New Delhi from January 13 to 19, 2025. This event will see the participation of teams from 24 countries and is set to boost the global profile of Kho Kho. The tournament aims to showcase the sport’s widespread appeal, with an exciting lineup of men’s and women’s teams competing for the first time on the world stage.

Event Dates & Location:

• The Kho Kho World Cup will take place from January 13 to 19, 2025, in New Delhi.
• Teams from 24 countries will participate.

Salman Khan’s Role:

• Salman Khan has been appointed as the brand ambassador for the inaugural Kho Kho World Cup.
• He expressed enthusiasm for the sport, highlighting its cultural significance and India’s spirit.

Tournament Features:

• 21 men’s teams and 20 women’s teams will compete.
• A demonstration match featured star players like Pratik Waiker, Aditya Ganpule, Ramji Kashyap, and Priyanka Ingle.

Importance of the Event:

• The tournament marks a major step in bringing global attention to Kho Kho, a traditional Indian sport.
• Expected to attract a large global audience, with media coverage amplified by Salman Khan’s involvement.

Support from Key Organizations:

• The Indian Olympic Association (IOA) is supporting the event.
• KKFI President, Shri Sudhanshu Mittal, thanked Salman Khan for boosting the sport’s visibility.

Kho Kho Federation of India:

• President: Sudhanshu Mittal
• The Kho-Kho Federation of India (KKFI) was established in 1955

India Men’s Hockey Team Moves to 5th in Latest FIH Rankings for 2025

The Indian men’s hockey team has secured 5th place in the FIH World Rankings following an outstanding performance at the 2024 Paris Olympics, where they won back-to-back Olympic medals for the first time since 1972.

FIH World Rankings Overview:

• Netherlands: 1st (3,267 points)
• England: 2nd (3,139 points)
• Belgium: 3rd (3,124 points)
• India: 4th (2,955 points)
• Australia: 5th (2,814 points)

Historical Milestone: India’s rise in the rankings reflects its growing strength and consistency in international hockey. Since the introduction of the new Elo-based ranking system in 2020, India has made steady progress, despite never reaching the No. 1 spot.

Key Historical Milestones: India has had fluctuating rankings over the years, including a drop from the top 10 in 2008. However, recent successes like winning the 2023 Asian Games and qualifying for the Paris 2024 Olympics have helped elevate the team to its current position.

Looking Ahead: The FIH Hockey Pro League 2024-25 season begins in February 2025, and India aims to continue climbing the rankings while competing in Bhubaneswar. The team’s future is promising, with the goal of further advancing in the global standings and bringing more success to Indian hockey.

Team Asia Wins Inaugural Waldner Cup 2024

On December , 2024, Team Asia, featuring India’s Manika Batra and led by Ma Long, triumphed in the inaugural edition of the Waldner Cup 2024, defeating Team World with a score of 14-10 in Oslo, Norway.

Tournament Details:

• Dates: December 13-15, 2024
• Organized By: The tournament was created by Jan Ove Waldner, the legendary Swedish table tennis player and 1992 Olympic gold medallist.

Team Asia:

• Ma Long (China) – 6-time Olympic gold medallist
• Chen Meng (China) – Paris 2024 women’s singles champion
• Shin Yubin (South Korea) – 2-time Olympic bronze medallist
• Kirill Gerassimenko (Kazakhstan)
• Manika Batra (India)

Key Points:

Team World: The team was led by Truls Moregardh (Sweden), the Paris 2024 men’s singles silver medallist, and Dimitrij Ovtcharov (Germany), a 6-time Olympic medallist.

Match Progression: Team World led 10-8 after the second day, but Team Asia made a strong comeback, winning the last 3 matches to secure a 14-10 victory.

Final Match: Ma Long defeated Truls Moregardh in the final match, sealing the win for Team Asia.

About Waldner Cup:

• The Waldner Cup was a two-day event with male and female players competing in singles, doubles, and mixed doubles matches.
• Scoring System: One point was awarded for each win on the first day, and two points were awarded for each win on the second day.

Ranks and reports news

India Ranks 39th in Travel and Tourism Development Index 2024

India has significantly improved its position in the World Economic Forum’s (WEF) Travel and Tourism Development Index (TTDI) 2024, ranking 39th among 119 countries. This marks a sharp rise from its 54th place in the previous 2021 index, which was later adjusted to 38th after a revision in WEF’s methodology. The boost in India’s ranking reflects a strong recovery in global tourism, following the pandemic, and the country’s growing role as a hub for medical and cultural tourism.

Rank: India has improved its position to 39th place among 119 countries in the TTDI 2024, up from 54th in 2021 (which was later revised to 38th).

Key Drivers Behind the Growth:

Medical Tourism:

• India is emerging as a global leader in medical tourism, offering affordable healthcare.
• The Advantage Healthcare India portal, launched by the Ministry of Health, facilitates international patients seeking medical treatment in India.

Government Schemes for Tourism Development: The Ministry of Tourism has implemented schemes like Swadesh Darshan, PRASHAD, and Assistance to Central Agencies to enhance infrastructure and promote tourism across India.

Cultural Heritage and Infrastructure Development:

• India’s rich cultural heritage, with 43 World Heritage Sites and 56 potential sites, adds to its tourism appeal.
• Significant investments in 500 new air routes, 150 new airports, and high-speed trains like Vande Bharat have improved accessibility for tourists.

India’s Position and Progress:

• India’s 39th place highlights its role as a leading tourism destination, especially in South Asia.
• The improved infrastructure and government policies have positioned India as one of the top medical tourism hubs globally.
• This achievement reflects India’s growing influence in the global tourism industry and its recovery post-pandemic.

Important days

Sashastra Seema Bal (SSB) Raising Day and Amit Shah To Attend Event

The Sashastra Seema Bal (SSB) is to celebrate its 61st Raising Day on December 20, 2024, in Ranidanga, Siliguri. This milestone event will showcase the force’s achievements, cultural heritage, and contributions to border security. Union Home Minister Amit Shah has been invited to attend the celebrations. The event will feature a blend of cultural programs, sports demonstrations, and traditional performances, reflecting the vibrant diversity of the region.

Event Date & Venue:

• Date: December 20, 2024
• Location: Ranidanga, Siliguri

Official Attendees: Union Home Minister: Amit Shah (invited)

Event Features:

• Grand Parade: The main event will feature a grand parade on December 20, with a dress rehearsal scheduled for December 18.
• Cultural Programs: A vibrant array of cultural activities, including performances by local groups from Sikkim and North Bengal.
• Traditional Arts & Sports: Displays of traditional Indian acrobatic art Mallakhamb, martial arts, and sports demonstrations will showcase the force’s versatility.
• Toto Tribal Participation: The Toto tribal community will present their cultural traditions, highlighting the region’s rich heritage.

Goa Liberation Day 2024: Date, History, and Significance

Goa Liberation Day is celebrated on December 19 every year to mark the freedom of Goa from Portuguese rule in 1961. This event symbolizes the end of 451 years of colonial rule and commemorates the bravery and sacrifices of the freedom fighters. Goa became an integral part of India on this day, and the celebration continues to honor the historic struggle for independence.

Historical Significance:

• Marks the end of 451 years of Portuguese colonial rule in Goa, Daman, and Diu.
• Goa became part of India on December 19, 1961, after the Portuguese authorities relinquished control.

Freedom Struggle:

• The day honors the struggle of the people of Goa and the Indian Army’s role in ending Portuguese rule.
• Goa participated actively in India’s freedom movement, particularly through Satyagraha.

Cultural Significance:

• Goa’s distinct cultural identity remained intact despite colonial rule.
• The day is a tribute to the region’s contribution to India’s independence.

Celebrations:

Commemoration Events:

• Schools and colleges organize events such as speech competitions, drawing contests, and poster-making.
• Various cultural programs and remembrance of freedom fighters.

Public Celebrations: Enthusiastic celebrations across Goa, marked by pride and honor for the liberation.

History:

• Indian Army’s Role: In 1961, the Indian Army launched Operation Vijay to liberate Goa, Daman, and Diu.
• Post-1947 Struggle: Despite India’s independence in 1947, Goa remained under Portuguese control until 1961.
• Diplomatic Challenges: Years of unsuccessful negotiations between India and Portugal led to the military action required for liberation.

Goa:

• Chief minister: Pramod Sawant
• Capital: Panaji (Executive Branch)
• Governor: P. S. Sreedharan Pillai

Edusprint Youtube Channel : Edusprint Academy

We at Edusprint Academy are committed to bringing you the most relevant and updated 18th December current affairs 2024, curated from trusted and official sources. These updates are designed to keep you ahead in your exam preparation journey.

Our comprehensive Current Affairs December 2024 coverage aims to enhance your knowledge and boost your scores in Banking, Insurance, SSC, Railways, UPSC, and all State Government Exams. Explore our Current Affairs tailored to simplify your exam preparation.

National news

Vice President Dhankhar Inaugurates GSI Geoscience Museum in Gwalior

On the occasion of the inauguration of the GSI Geoscience Museum in Gwalior, Vice President Shri Jagdeep Dhankhar, along with several distinguished dignitaries, marked the opening of this state-of-the-art facility. The museum, housed in the historic Victoria Market Building, serves as a hub of knowledge and a tribute to Earth’s geological wonders. The event celebrated the fusion of tradition with modern innovation and showcased the significant contributions of the Geological Survey of India (GSI) in exploring the nation’s geological resources.

Museum Overview

• Dedicated to showcasing Earth’s geological wonders.
• Features interactive exhibits and rare geological specimens.

Exhibit Galleries

Gallery I: Planet Earth – Its Uniqueness in Diversity

• Highlights geological phenomena like volcanoes, meteorites, and magnetic fields.
• Displays: Antarctic rocks, gemstones, volcanic rocks from Japan, dinosaur eggs.
• Includes interactive models, multimedia displays, and digital storyboards.

Gallery II: Evolution of Life on Earth

• Chronicles life’s history, from ancient ecosystems to modern humans.
• Features fossils, immersive exhibits, and sections on evolution and mass extinctions.

Notable Contributions

• First Ticket Issued: By Shri Satish Chandra Dubey.
• Special Recognition: Shri R.V. Karanth honored for donating his gemstone collection.

Future Goals and Impact

• Aims to be a resource for researchers, educators, and geoscience enthusiasts.
• Promotes understanding of Earth’s processes and sustainable development.
• Reflects GSI’s commitment to advancing scientific knowledge and resource management.

Madhya Pradesh:

• Capital: Bhopal (Executive Branch)
• Governor: Mangubhai C. Patel
• CM: Dr. Mohan Yadav

India Becomes the First Country to Launch ‘Taxonomy of Green Steel’ to Promote Sustainable Steel Production

On December, 2024, India took a groundbreaking step in sustainable manufacturing by unveiling the ‘Taxonomy of Green Steel’. The announcement, made by Union Minister H.D. Kumaraswamy from the Ministry of Steel (MoS) and the Ministry of Heavy Industries & Public Enterprises (MoHI&PE), marked India as the first country globally to introduce such a framework, which aims to define and regulate green steel production based on emission intensity.

Key Highlights of the Green Steel Taxonomy

Framework Introduction: The new ‘Taxonomy of Green Steel’ defines green steel in terms of emission intensity, focusing on the reduction of Carbon Dioxide (CO2) emissions during steel production.

Emission Limit: The limit for green steel production is set at 2.2 tonnes of CO2 emissions per tonne of finished steel (tCO2e/tfs). Steel producers will qualify their products as “green steel” if their emissions fall below this threshold.

Star Rating System: The star rating system will define the quality of green steel based on its emission intensity. The upper limit for rating will be reviewed every three years to keep up with technological advancements and industry needs.

Stakeholder Consultations: During the event, the Ministry of Steel also organized consultations with stakeholders to gather suggestions for two critical initiatives:

• National Mission on Green Steel (NMGS): A mission aimed at promoting sustainable practices within India’s steel industry.
• Green Steel Public Procurement Policy (GSPPP): A policy to incentivize the procurement of green steel by government bodies.

Review of Inputs: The suggestions and inputs received from various stakeholders during these consultations will be considered and incorporated into the final drafts of both the NMGS and GSPPP.

Significance of Green Steel for India’s Environmental Goals

• Global Leadership: India’s introduction of a taxonomy for green steel positions it as a global leader in the shift towards eco-friendly industrial practices, particularly in steel production, which is a significant contributor to global CO2 emissions.
• Technological Advancements: The taxonomy will ensure that India’s steel industry keeps pace with advancements in green technologies, allowing for continuous improvement in the environmental performance of steel manufacturing.

About the Ministry of Steel (MoS)

• Union Minister: H.D. Kumaraswamy, representing Mandya, Karnataka, leads the Ministry of Steel (MoS).
• Minister of State (MoS): Bhupathi Raju Srinivas Varma, representing Narasapuram, Andhra Pradesh, is the Minister of State in the Ministry of Steel.

International news

Russia Offers Visa-Free Travel for Indians in 2025

Indians may soon enjoy visa-free travel to Russia as part of a new initiative expected to begin in the spring of 2025. This move follows bilateral discussions between India and Russia in June 2024, aimed at easing visa restrictions and encouraging group tourist exchanges. Currently, Indian nationals require visas to visit Russia, but the upcoming agreement could significantly streamline travel processes, boosting tourism and strengthening bilateral ties.

Key Developments

1. Bilateral Discussions (June 2024)

• India and Russia engaged in talks to ease visa restrictions.
• The discussions focused on enabling smoother travel for citizens of both countries.

2. Current Visa Process for Indians Traveling to Russia

• Visa Requirement: Indian travelers need a visa issued by the Russian Embassy or Consulates.
• E-Visa Option: Introduced in August 2023. E-visas are processed in approximately four days, simplifying travel procedures for Indian citizens.

3. Growing Tourism Numbers

• Indian Visitors to Moscow (2023): Over 60,000 Indian tourists visited Moscow, marking a 26% increase compared to 2022.
• Business Tourism (2024): India ranked third among non-CIS (Commonwealth of Independent States) countries for business tourism. 1,700 e-visas were issued in the first quarter of 2024 alone.

RUSSIA:

• Capital: Moscow
• Currency: Russian Ruble
• Continent: Europe, Asia
• Prime minister: Mikhail Mishustin

Economy news

Wholesale Inflation Eases to 1.9% in November Amid Cooling Food Prices

In November 2024, India’s wholesale inflation moderated to 1.9%, down from 2.4% in October 2024. This marks a notable slowdown in inflation, largely driven by a decrease in food price inflation. However, there are continuing challenges, particularly in the prices of manufactured products. Here’s a detailed breakdown:

Food Price Inflation

Food Inflation Deceleration:

• Food price inflation eased to 8.9% in November, down from 11.6% in October.
• This is a significant improvement, especially after food inflation reached a 25-month high in October.
• The primary drivers of the slowdown in food inflation were vegetables, whose price rise slowed considerably from 63% in October to 28.6% in November.
• However, potato prices continued to rise sharply, with an 82.8% increase in November. This rise in potato prices was a major contributor to the still-high food inflation figures.

Edible Oils and Fats: Prices of edible oils and fats continued to see sharp increases. The rate of increase surged to 28% in November, compared to 20.2% in October, indicating that the supply-demand imbalance in these goods persists.

Pulses, Fruits, Wheat, and Paddy: Inflation in pulses, fruits, wheat, and paddy persisted, though at a slower pace than earlier in the year. The government’s interventions may have provided some relief in these categories, but the overall food price inflation remains elevated due to specific items.

Manufactured Products Inflation

Price Increases in Manufactured Goods: Prices for manufactured products saw an uptick in November, rising by 2%.

Fuel and Power

Decline in Fuel Prices:

• Fuel and power prices remained in deflationary territory, with a 5.83% year-on-year decline.
• Despite global crude price fluctuations, domestic fuel prices remained subdued, contributing to a lower inflation rate in this category.

Banking news

Public Sector Banks Record Net Profit of Rs 85,520 Crore In First Half FY2024-25

In the first half of FY 2024-25, Public Sector Banks (PSBs), including the State Bank of India (SBI), reported a net profit of ₹85,520 crore, marking an impressive 26% growth compared to ₹67,850 crore during the same period in the previous year. This significant achievement underscores the operational efficiency and financial resilience of PSBs, driven by improved asset quality, robust credit monitoring, and enhanced operational efficiency.

SBI:

• Headquarters: Mumbai
• Founded: 1 July 1955
• Key people: Challa Sreenivasulu Setty (Chairman); Kameshwar Rao Kodavanti (CFO);

BharatPe Launches ‘Shield’ Fraud Protection Plan for UPI Transactions

In December 2024, BharatPe, a leading financial technology company for merchant payments, launched a new fraud protection plan named “Shield”. This initiative is designed to safeguard users from fraudulent Unified Payments Interface (UPI) transactions and enhance security during digital transactions.

Key Features of the Shield Plan

Complimentary Fraud Protection:

• BharatPe is offering 30 days of complimentary fraud protection for users making their first UPI transaction on the BharatPe app.
• This complimentary service covers transactions up to Rs. 5,000.

Affordable Subscription After Free Period: After the complimentary period, users can continue using the Shield plan for just Rs. 19 per month.

Comprehensive Coverage:

• The Shield plan covers various risks, including computer fraud, phishing attacks, and unauthorized transactions that may occur due to phone loss.
• It also includes a pre-reporting period, enabling users to file claims for any fraudulent losses incurred up to 10 days prior to reporting the issue.

24/7 Support:  Users can access round-the-clock assistance for reporting fraud and filing claims via the BharatPe app, chatbot, and toll-free helplines.

BharatPe’s Innovative History

• Founded in 2018, BharatPe is renowned for pioneering solutions in the financial sector.
• In 2018, it introduced India’s first UPI-compatible QR code and zero Merchant Discount Rate (MDR) payment service.
• In August 2024, the company rebranded its Postpe app to the BharatPe app and expanded into the consumer payments space by launching its UPI Third-Party Application Provider (TPAP).

Bharatpe:

• CEO: Nalin Negi (3 Jan 2023–)
• Founded: April 2018
• Headquarters: New Delhi

Defence news

INS Nirdeshak: Indian Navy’s New Survey Ship Commissioned

The Indian Navy is set to commission INS Nirdeshak, a new survey ship, on December 18, 2024, at the Naval Dockyard in Visakhapatnam. This event, with Hon’ble Raksha Rajya Mantri Shri Sanjay Seth as the Chief Guest, signifies a major leap in India’s naval capabilities. The vessel, constructed by Garden Reach Shipbuilders & Engineers (GRSE) in Kolkata, is the second ship under the Survey Vessel (Large) Project. INS Nirdeshak will enhance India’s maritime presence, especially in the Indian Ocean Region, and will continue the legacy of the original Nirdeshak, which served the Navy for 32 years before being decommissioned in 2014.

Operational Role and Strategic Importance

Maritime Operations:

• Designed to support sea floor mapping, maritime navigation, and naval operations.
• Strengthens India’s maritime operations and strategic positioning.

Strategic Positioning:

• Enhances India’s presence in the Indian Ocean Region.
• Bolsters international cooperation in marine surveys.
• Technological Evolution and Legacy

Legacy of INS Nirdeshak: The original vessel served for over 30 years, setting a high standard for the new ship.

Technological Advancements: The new vessel incorporates advanced design and technology, reflecting the evolving capabilities of the Indian Navy.

Indian navy:

• Head: Incumbent Admiral Dinesh K Tripathi
• Founded: 26 January 1950

SLINEX 2024: Strengthening Sri Lanka-India Naval Ties

The Sri Lanka-India Naval Exercise (SLINEX) is a significant annual event that fosters maritime cooperation between the two nations. Initiated in 2005, SLINEX has grown in scope and importance over the years, strengthening the bilateral relationship between India and Sri Lanka. The 2024 edition of SLINEX will be held from December 17 to December 20, 2024, at Visakhapatnam under the auspices of the Eastern Naval Command. The exercise will be conducted in two phases: the Harbour Phase and the Sea Phase, focusing on enhancing interoperability, strengthening mutual understanding, and promoting regional maritime security.

Overview

• Purpose: SLINEX is an annual naval exercise aimed at enhancing maritime cooperation between India and Sri Lanka.
• Inception: Initiated in 2005, the exercise has grown in significance, strengthening the bilateral relationship between the two nations.
• Dates: December 17 to December 20, 2024
• Location: Visakhapatnam, under the Eastern Naval Command

Exercise Phases

Harbour Phase (17-18 December 2024)

Focus:

• Professional and social exchanges between the naval forces of India and Sri Lanka.
• Enhancing mutual understanding and building camaraderie among the personnel.

Sea Phase (19-20 December 2024)

Activities:

• Special Forces Operations
• Gun Firings
• Communication Drills
• Seamanship Practices
• Navigation Evolutions
• Helicopter Operations

Participating Units

India

• INS Sumitra: A Naval Offshore Patrol Vessel (NOPV) of the Eastern Fleet.
• Special Forces Team

Sri Lanka

• SLNS Sayura: Offshore Patrol Vessel.
• Embarked Special Forces Team

Significance of SLINEX 2024

• Strengthening Maritime Cooperation: SLINEX 2024 aims to bolster the strong maritime relationship between India and Sri Lanka.
• Enhancing Interoperability: The exercise allows both navies to improve their operational interoperability, share best practices, and enhance coordination between forces.
• Regional Maritime Security: SLINEX contributes to promoting a safe, secure, and rules-based maritime environment in the Indian Ocean Region, addressing emerging security challenges.

Sri lankha:

• Capitals: Colombo, Sri Jayawardenepura Kotte
• Currency: Sri Lankan Rupee
• President: Anura Kumara Dissanayake
• Prime minister: Harini Amarasuriya

Award news

UNESCO Announces Winners of 2024 Asia-Pacific Heritage Awards

On December , 2024, the United Nations Educational, Scientific and Cultural Organisation (UNESCO) announced the winners of the 2024 UNESCO Asia-Pacific Awards for Cultural Heritage Conservation, also known as the Heritage Awards, at its regional office in Bangkok, Thailand.

This prestigious recognition honors outstanding projects that contribute to the preservation and conservation of cultural heritage in the Asia-Pacific region. This year, a total of 8 projects from 5 different countries received the awards. The countries honored include India (2 projects), Thailand (1), China (3), New Zealand (1), and Japan (1).

Key Highlights of the Awards:

Award of Excellence (Highest Honor): The Inari-yu Bathhouse Restoration Project in Tokyo, Japan won the Award of Excellence, the highest honor of the UNESCO heritage awards.

India’s Honored Projects:

• Abathsahayeshwarar Temple in Tamil Nadu was honored with the “Award of Distinction” for its exceptional conservation efforts.
• The Sir Byramjee Jeejeebhoy Parsee Charitable Institution (BJPCI) Conservation Project in Maharashtra received the “Award of Merit” for its outstanding heritage preservation.

About UNESCO:

• Director-General (DG): Audrey Azoulay
• Headquarters: Paris, France
• Member Nations: 194
• Established: 1945

Air India Receives Prestigious Global Awards for Service Excellence and Innovation

In December 2024, Air India Limited, India’s leading airline based in New Delhi, received two prestigious global accolades, emphasizing its ongoing transformation and commitment to service excellence.

Good Design Award Australia 2024:

Air India’s Vista Verve in-flight product was awarded the Good Design Award Australia 2024. This prestigious award recognizes the innovation and design excellence of Vista Verve, which includes exclusive tableware, Slovakian lead-free glassware, and luxurious linens with premium mattress toppers. These elements underscore the airline’s commitment to luxury, sustainability, and comfort for passengers.

The Vista Verve product is being gradually introduced across the airline’s network, with its availability on key international routes, including to the United Kingdom (UK) (London Heathrow, Gatwick, Birmingham) and select United States of America (USA) routes (New York, Newark, and Washington).

APEX Awards at the Future Travel Experience (FTE) Awards:

Air India also won three APEX Awards at the Future Travel Experience (FTE) Awards in Singapore, highlighting its leadership in providing an exceptional global passenger experience.

About Air India Limited:

• Chairman: Natarajan Chandrasekaran
• Headquarters: New Delhi, Delhi
• Founded: 1932

Agreement news

Gati Shakti Vishwavidyalaya, Navy Sign MoU for Logistics Education

Gati Shakti Vishwavidyalaya  GSV and the Indian Navy signed a Memorandum of Understanding (MoU) to enhance education, research, and training in logistics for the Navy, aimed at improving logistics capabilities and aligning with national initiatives like the PM Gati Shakti National Master Plan and National Logistics Policy.

Key Points of the MoU

MoU Signing

Signatories:

• Vice Admiral Deepak Kapoor, Controller of Logistics, Indian Navy
• Manoj Choudhary, Vice Chancellor, Gati Shakti Vishwavidyalaya (GSV)

Objectives of the Collaboration Strengthen the Indian Navy’s logistics framework.

Focus on key areas:

• Supply Chain Management
• Multimodal Transportation
• Sustainability in Logistics
• Alignment with National Initiatives

Supports the PM Gati Shakti National Master Plan 2021 and the National Logistics Policy 2022 aimed at improving national logistics efficiency.

Technological Integration:

Exchange of expertise in emerging technologies, including:

• AI Applications
• Predictive Analytics
• Blockchain Technology for logistics optimization
• Educational Opportunities for Navy Officers

Indian Navy officers will have the opportunity to pursue academic degrees and management programs at GSV, with a focus on logistics and management.

Partnership with Other Defence Services: GSV already has partnerships with the Indian Army and Indian Air Force, broadening its educational support to all three services.

Sports news

India Clinches Women’s Junior Asia Cup Title

The Indian women’s junior hockey team successfully defended their title at the Women’s Junior Asia Cup, defeating China 3-2 in a thrilling penalty shoot-out after a 1-1 draw in regulation time. This victory marks India’s second consecutive win at the tournament, having also won the 2023 edition. The victory in Muscat, Oman, secured India’s qualification for the 2025 FIH Women’s Junior Hockey World Cup in Chile.

Tournament Results

Semi-Finals:

• India defeated Japan 3-1.
• China triumphed over South Korea 4-1.

Top Five Finishers:

• India (Champions)
• China (Runners-up)
• Japan (Third place)
• South Korea (Fourth place)

Malaysia (Fifth place, defeating Thailand to secure qualification)

Historic Achievement for India

India’s victory in the 2024 Women’s Junior Asia Cup is part of a historic double success for Indian hockey in Muscat. The Indian men’s junior team had also won the 2024 Men’s Junior Asia Cup, marking a landmark achievement for Indian junior hockey in both the men’s and women’s categories.

About the Women’s Junior Asia Cup

• Organizing Body: The tournament is organized by the Asian Hockey Federation (AHF).
• Player Age Group: The competition is open to players under 21 years.
• Purpose: The Women’s Junior Asia Cup serves as a qualification tournament for the FIH Women’s Junior Hockey World Cup.
• First Edition: The tournament was first held in 1992 in Kuala Lumpur, Malaysia.
• Most Successful Team: South Korea holds the record for the most titles, with four wins.
• India’s Titles: India has now won two titles at the Women’s Junior Asia Cup, in the 2023 and 2024 editions

Science and tech news

Snakebite Cases Declared as a “Notifiable Disease” in India

In November 2024, the Ministry of Health and Family Welfare (MOHFW) declared snakebite cases as a “Notifiable Disease” in India, mandating that all government and public health facilities report snakebite cases and deaths. This move is part of the broader National Action Plan for Prevention and Control of Snakebite Envenoming (NAPSE), launched earlier in March 2024. The initiative aims to reduce snakebite fatalities by 50% by 2030 and strengthen the country’s ability to monitor and respond to such incidents.

What is a Notifiable Disease?

• A notifiable disease is any disease that must be reported to public health authorities by law. Reporting these cases allows health officials to monitor the disease’s spread, track outbreaks, and implement timely actions to prevent and control it.
• In India, several diseases are classified as notifiable, including Leprosy, Tuberculosis (TB), AIDS, Cholera, and Hepatitis, among others.

Reason for Declaring Snakebite as a “Notifiable Disease”

Life-threatening Nature: Snakebites are life-threatening and can result in severe consequences, including death, long-term health complications, and permanent disability in some cases.

• Need for Effective Surveillance: By making snakebites notifiable, India aims to establish a robust surveillance system to monitor snakebite cases accurately. This will allow health authorities to identify high-risk areas, track snakebite fatalities, and pinpoint the contributing factors behind these deaths.
• Improved Clinical Management: An accurate and timely reporting system will help in better clinical management of snakebites, ensuring that resources and treatments are directed where they are most needed.

About the Ministry of Health and Family Welfare (MOHFW)

• Union Minister: Jagat Prakash Nadda, Rajya Sabha MP from Gujarat, serves as the Union Minister for Health and Family Welfare.
• Minister of State (MOS): Prataprao Ganpatrao Jadhav, representing Buldhana, Maharashtra, is the Minister of State in the Ministry of Health and Family Welfare.

ISRO Successfully Tests CE20 Cryogenic Engine

On December 12, 2024, the Indian Space Research Organisation (ISRO) successfully completed a crucial milestone with the sea-level hot test of its CE20 cryogenic engine at the ISRO Propulsion Complex in Mahendragiri, Tamil Nadu. This test, conducted on November 29, 2024, marks a significant achievement in the development of cryogenic technology for India’s future space missions, particularly those requiring higher payloads and advanced propulsion systems.

Challenges and Innovations in Testing

Cryogenic engine testing at sea level poses several challenges, mainly due to the engine’s high area ratio nozzle, which has an exit pressure of around 50 mbar. The key challenges involved:

• Flow Separation: At sea level, cryogenic engines tend to experience flow separation at the nozzle exit, which could result in severe vibrations and potentially cause mechanical damage to the engine. This phenomenon occurs because the engine’s nozzle design is optimized for operation in space, where the pressure is much lower.
• Mitigation Through Innovations: To address these challenges, ISRO developed an innovative Nozzle Protection System, which successfully mitigated the risks associated with flow separation. The system ensured that the engine could function without excessive vibrations or damage, simplifying the test procedure.
• Multi-Element Igniter: Another key achievement was the successful demonstration of the multi-element igniter. This system is crucial for the engine’s ability to restart in space, making it a vital component for long-duration missions where multiple burns are required.

ISRO:

• Founded: 15 August 1969
• Headquarters: Bengaluru
• Head: Sreedhara Panicker Somanath

Manastu Space Technologies Delivers iBooster Green Propulsion System to DRDO

In December 2024, Manastu Space Technologies Private Limited, a deep-technology startup based in Mumbai, Maharashtra, successfully delivered the iBooster Green Propulsion System to the Defence Research and Development Organisation (DRDO). This marks a significant milestone following four years of extensive research and development, supported by DRDO’s Technology Development Fund (TDF).

Key Features of the iBooster Green Propulsion System:

Target Satellite Range: Designed for satellites weighing between 100 to 500 kilograms (kg).

Critical Operations:

Plays a vital role in essential satellite functions, including:

• Orbit raising
• Station-keeping
• Deorbiting

Eco-friendly Propellant: The system is powered by a proprietary hydrogen peroxide (H2O2)-based fuel, offering a safer, more eco-friendly alternative to traditional toxic fuels. Additionally, it is more cost-effective compared to other high-priced alternatives.

About Manastu Space Technologies:

• Chief Executive Officer (CEO): Tushar Jadhav
• Headquarters: Mumbai, Maharashtra
• Established: 2017

DRDO:

• Date founded: 1958
• Headquarters: DRDO Bhavan, New Delhi, India
• Agency executive: : Sameer V. Kamat, Chairman, DRDO;

Books and author

Union Minister Gajendra Singh Shekhawat Launches “New Bharat – Modi’s Vision and Development 2019-2024”

On December, 2024, Union Minister of Culture and Tourism, Gajendra Singh Shekhawat, launched the book titled “New Bharat – Modi’s Vision and Development 2019-2024” at the Constitution Club in New Delhi. The event was attended by Navneet Sehgal, Chairman of Prasar Bharati, and other distinguished dignitaries.

Key Details:

• Author: Ravi Prashar
• Publisher: Hindustan Times
• Focus: The book highlights the developmental initiatives and schemes undertaken during the leadership of Prime Minister Narendra Modi from 2019 to 2024, showcasing his vision for India’s growth and progress.

Minister Shekhawat’s Remarks:

Union Minister Shekhawat emphasized that the book reflects the nation’s development journey and illustrates the transformation of India’s global perception under PM Modi’s leadership. The launch event highlighted the significant strides India has made in various sectors over the past five years.

Important days

Pensioners Day in India: Honouring D.S. Nakara’s Fight for Pension Rights

Pensioners Day is observed annually on 17th December in India to honor D.S. Nakara, a retired government official who became the face of the fight for the rights and dignity of pensioners. This day commemorates the 1982 Supreme Court judgment, which ensured equality and justice for pensioners, guaranteeing them the same pension benefits, irrespective of their retirement date.

History of Pensioners Day: The origins of Pensioners Day can be traced back to a landmark legal battle in 1982, led by D.S. Nakara, who had retired from the Department of Defense. Here’s a detailed look at the history:

• The Discriminatory Pension System: In 1979, a liberalized pension system was introduced, but it only benefited those officials who retired after March 31, 1979. This created a discriminatory situation, where pensioners who retired before this date were denied the enhanced pension benefits, despite having served the nation for decades.
• D.S. Nakara’s Legal Challenge: D.S. Nakara, who retired before the cutoff date, was denied the pension benefits under this new system. He challenged this discriminatory policy in court, arguing that it violated the constitutional principle of equality guaranteed under Article 14 of the Indian Constitution.
• The Supreme Court Ruling: In a historic judgment in 1982, the Supreme Court of India ruled in favor of D.S. Nakara. The Court declared that the discriminatory pension policy was unconstitutional. The judgment emphasized that pension is a right and not a mere bounty, and it should be available equally to all eligible retired employees, regardless of their retirement date.
• This decision effectively ensured that pension benefits would be provided equally to all eligible individuals, giving pensioners a sense of dignity and economic security.
• The Magna Carta of Pensioners: The Supreme Court’s judgment was celebrated as the “Magna Carta of Pensioners,” as it upheld the principles of justice and equality for pensioners, guaranteeing them economic security in their post-retirement life.

Edusprint Youtube Channel : Edusprint Academy

We at Edusprint Academy are committed to bringing you the most relevant and updated 17th December current affairs 2024, curated from trusted and official sources. These updates are designed to keep you ahead in your exam preparation journey.

Our comprehensive Current Affairs December 2024 coverage aims to enhance your knowledge and boost your scores in Banking, Insurance, SSC, Railways, UPSC, and all State Government Exams. Explore our Current Affairs tailored to simplify your exam preparation.

National news

VIRAASAT Sari Festival 2024: Celebrating India’s Handwoven Heritage

The Ministry of Textiles, Government of India, is set to host the third edition of the “Viraasat Sari Festival 2024” from 15th to 28th December 2024 at Handloom Haat, Janpath, New Delhi. Building on the overwhelming success of its previous editions, which garnered an impressive footfall of 20,000 across all age groups, this year’s event promises to be an extraordinary celebration of India’s handloom heritage, focusing on the diverse traditions of sari weaving. By uniting handloom weavers, designers, sari enthusiasts, and buyers, the festival seeks to highlight the cultural and economic importance of the handloom sector, while providing artisans with a platform to showcase and retail their creations.

Objective:

To celebrate India’s handloom heritage, promote regional sari weaving traditions, and provide artisans a platform to showcase and retail their creations.

Significance of Handloom Sector

• Cultural Heritage: Represents India’s regional identity with saris like Paithani, Banarasi, Kancheepuram, and Pashmina.
• Economic Importance: Employs over 35 lakh people, primarily women, and aligns with sustainable development goals (zero defect, zero environmental impact).
• Government Initiatives: Promoting eco-friendly handloom products, ensuring authenticity, and supporting artisans’ livelihoods.

The Ministry of Textiles: Minister: Shri Giriraj Singh

Uttarakhand Unveils India’s First Yoga Policy to Become Global Yoga Hub

Uttarakhand, famously known as “Devbhoomi,” is set to become the first Indian state to implement a dedicated Yoga Policy, aimed at transforming the state into a global yoga destination. With Rishikesh already recognized as the “Yoga Capital of the World,” this initiative builds on the state’s rich cultural and spiritual legacy while aligning with the AYUSH policy’s success. The policy, envisioned by Chief Minister Pushkar Singh Dhami, integrates yoga, Ayurveda, and wellness into a comprehensive development strategy for tourism, health, and employment.

Key Features of the Yoga Policy

Planned Development:

• Promote wellness tourism and yoga institutions.
• Standardize yoga centers and incentivize new setups.

Infrastructure Focus:

• Registration of yoga centers and subsidies for development.
• Uniform course standards certified by the Yoga Certification Board.

Employment Generation: Creation of 50 new yoga and wellness centers and Yoga Grams to generate jobs for local youth.

Uttarakhand:

• Capitals: Dehradun (Winter), Bhararisen (Summer)
• Founded: 9 November 2000
• Chief minister: Pushkar Singh Dhami
• Governor: Gurmit Singh

International news

WHO’s World Malaria Report 2024: Key Highlights and India’s Progress

In December 2024, the World Health Organization (WHO) released the “World Malaria Report 2024: Addressing inequity in the global malaria response”. The report highlights a concerning rise in global malaria cases while summarizing efforts to control and eliminate malaria across 83 countries worldwide.

Malaria Deaths:

The majority of malaria deaths in 2023 occurred in 4 countries:

• Nigeria: 30.9%
• Democratic Republic of the Congo: 11.3%
• Niger: 5.9%
• Tanzania: 4.3%

Malaria-Free Countries:

• As of November 2024, 44 countries and 1 territory (Cabo Verde) have been certified malaria-free by WHO.
• Several other countries are on track to achieve this status.

India’s Notable Progress

India has shown significant development in combating malaria:

• Exiting the HBHI Group: In 2024, India exited the High Burden to High Impact (HBHI) group due to impressive progress.
• Reduction in Malaria Cases: Between 2017 and 2023, malaria cases in India reduced by 69%, from 6.4 million to 2 million.
• Reduction in Malaria Deaths: Malaria deaths decreased by 68%, from 11,100 in 2017 to 3,500 in 2023.

World health organization:

• Headquarters: Geneva, Switzerland
• Founded: 7 April 1948
• Director-General: Tedros Adhanom Ghebreyesus

Banking news

Edelweiss Mutual Fund Launches India’s 1st ETF for Capital Markets and Insurance Sectors

In December 2024, Edelweiss Mutual Fund, a leading asset management company, launched India’s first Exchange Traded Fund (ETF) dedicated to the capital markets and insurance sectors.

Key Highlights

New Fund Offer (NFO):

• Opened for subscription on December 10, 2024.
• Minimum subscription amount: Rs. 5,000.
• Investments post-NFO can be made in multiples of Re. 1.
• NFO closes on December 24, 2024.
• The ETF will reopen for continuous sale and repurchase on January 8, 2025.

Objective: The ETF aims to replicate and track the BSE Capital Markets & Insurance Total Return Index (TRI), which includes top companies in:

• Broking
• Life Insurance
• General Insurance
• Financial Product Distribution

Award news

Aryna Sabalenka Wins 2024 WTA Player of the Year Award

On December 2024, Aryna Sabalenka, the world No. 1 singles player from Belarus, was honored with the 2024 Women’s Tennis Association (WTA) Player of the Year Award. This marks her 1st career win of the prestigious award. Sabalenka has achieved 23 career titles:

• 17 titles in singles
• 6 titles in doubles

2024 WTA Awards Winners

The Women’s Tennis Association (WTA) announced winners across 5 Player Awards and 3 Player Service Awards.

Category	Winner
Player of the Year	Aryna Sabalenka (Belarus)
Doubles Team of the Year	Jasmine Paolini & Sara Errani (Italy)
Most Improved Player of the Year	Emma Navarro (USA)
Newcomer of the Year	Lulu Sun (New Zealand)
Comeback Player of the Year	Paula Badosa (Spain)

About Women’s Tennis Association (WTA)

• Chairman & CEO: Portia Archer
• Headquarters: Florida, United States of America (USA)
• Established: 1973

Appointment news

Mikheil Kavelashvili Becomes Georgia’s New President

Mikheil Kavelashvili, the 53-year-old former footballer, was elected president of Georgia on December 16, 2024, marking a significant shift in the nation’s political landscape. His victory comes amid growing concerns over Georgia’s alignment with Russia, following constitutional changes that replaced direct presidential elections with a 300-seat electoral college. Kavelashvili’s candidacy, strongly backed by the Georgian Dream party, reflects the ruling party’s increasing authoritarian tendencies, as critics warn that this election may undermine Georgia’s European Union aspirations.

Georgia:

• Capital: Tbilisi
• Official language: Georgian
• Continent: Europe, Asia
• President: Salome Zourabichvili

State news

Nupi Lal Numit 2024: Honoring the Legacy of Manipuri Women

Manipur recently commemorated Nupi Lal Numit 2024, a significant event honoring the courage and resilience of the women who fought for justice and freedom in the Nupi Lal uprisings of 1904 and 1939. The commemoration was led by Chief Minister N. Biren Singh at the Nupi Lal Memorial Complex. This day not only highlights the pivotal role of Manipuri women in history but also celebrates their continued progress in various sectors. The Chief Minister’s speech emphasized the importance of empowering women through various initiatives, while calls for peace and unity across the state resonated strongly.

Historical Significance: The Nupi Lal uprisings saw Manipuri women leading protests against British colonial injustices, driving political and social change.

Government Efforts: The Chief Minister emphasized addressing ongoing crises through State-Central collaboration and resolving critical issues, including locating missing persons.

Manipur:

• Capital: Imphal (Executive Branch)
• Chief minister: N. Biren Singh
• Governor: Lakshman Acharya

Rising Rajasthan Global Investment Summit 2024: Key Highlights and Developments

The Rising Rajasthan Global Investment Summit 2024 (RRGIS 2024) was inaugurated by Prime Minister Narendra Modi on 9th December 2024 at the Jaipur Exhibition and Convention Centre (JECC) in Rajasthan.

• Duration: 3 Days (9th December to 11th December 2024)
• Theme: “Replete, Responsible, Ready”

Investment Agreements:

• The Rajasthan Government signed Memorandums of Understanding (MoUs) worth over ₹35 lakh crores during the summit.
• The agreements aim to boost industrial and infrastructural growth in the state.

Renewable Energy Initiatives:

• The Ministry of New and Renewable Energy (MNRE) approved the development of a 2 GW (2000 MW) Solar Park project under the Rajasthan Solar Development Corporation.
• Tata Power announced a massive investment of ₹1.2 lakh crore in renewable energy projects across Rajasthan, including solar and wind power initiatives.

About Rajasthan

• Chief Minister: Bhajan Lal Sharma (Constituency – Sanganer)
• Governor: Haribhau Bagade
• Capital: Jaipur

National Parks in Rajasthan

• Mukundra Hills National Park
• Ranthambore National Park
• Sariska National Park

Uttar Pradesh: First State to Fully Adopt GeM Platform

Uttar Pradesh (UP) became the first Indian state to fully adopt the Government e-Marketplace (GeM) platform in December 2024.

• Objective: Enhance transparency and eliminate unethical practices in public procurement.
• Savings: The state government is expected to save over ₹2,000 crore annually through GeM-based procurement of goods and services.

Key Highlights

Enforcement of Guidelines:

• GeM integration ensures strict adherence to procurement rules.
• Promotes efficiency and transparency in public procurement processes.

Prohibited Practices:

• Price discovery bids and offline contracts.
• Quantity-based bids.
• Request for samples during bid evaluations.
• This initiative positions Uttar Pradesh as a leader in adopting digital governance for public procurement.

GeM portal:

• Government e-Marketplace (GeM) Platform
• Launch Date: August 9, 2016
• Launched by: Ministry of Commerce and Industry, Government of India

Managed by: GeM SPV (Special Purpose Vehicle), under the Department of Commerce

Purpose of GeM

The Government e-Marketplace (GeM) is an online platform launched to facilitate transparent, efficient, and cost-effective procurement of goods and services by government departments, ministries, and public sector undertakings (PSUs).

Uttar Pradesh:

• Capital: Lucknow (Executive Branch)
• Chief minister: Yogi Adityanath
• Governor: Anandiben Patel

Punjab Becomes First State to Enact ‘Punjab State (Development and Promotion of Sports) Act 2024’

On December , 2024, Punjab Chief Minister Bhagwant Singh Mann approved the enactment of the Punjab State (Development and Promotion of Sports) Act 2024, making Punjab the 1st state in India to focus on enhancing sports infrastructure and ensuring transparency in player selection.

Key Highlights of the Act

Objectives:

• Promote the growth of sports across all levels.
• Ensure fair player selection at district, state, and national levels.
• Foster transparency within sports associations.

Adoption of Best Practices: The Act aligns with National and International best practices to develop sports infrastructure and administration within the state.

Financial Transparency:

• Accounts must be maintained by a Chartered Accountant.
• An annual income and expenditure statement must be published by May 31 each year.

National Sports Policy (NSP) 2024

• Formulated by: Department of Sports, Ministry of Youth Affairs and Sports (MYAS), New Delhi.
• Objective: Promote sports excellence and development in India.

Key Focus:

• Build on the existing 2001 policy to enhance global sports achievements.
• Foster economic growth and social progress through sports.
• Align with the Government of India’s “Viksit Bharat” vision for nation-building.

Key Initiatives under NSP 2024:

• Khelo India Scheme: Grassroots sports promotion.
• Target Olympic Podium Scheme (TOPS): Support for elite athletes.
• National Sports Governance Bill 2024: Ensures transparency and accountability in National Sports Federations (NSFs).

About National Sports Governance Bill 2024

• Aims to address longstanding issues of factionalism and mismanagement in NSFs.
• Provides solutions to restore transparency and accountability in sports bodies.

About Punjab

• Capital: Chandigarh
• Chief Minister (CM): Bhagwant Singh Mann
• Governor: Banwarilal Purohit

Defence news

Desert Knight: A Strategic Trilateral Air Combat Exercise

India, France, and the UAE have initiated the trilateral air combat exercise “Desert Knight” over the Arabian Sea. This operation aims to strengthen defence cooperation, enhance interoperability among their air forces, and prepare for complex combat scenarios. Conducted in a strategically important region, the exercise underscores growing trilateral ties amid evolving global security challenges and geopolitical tensions.

Key Objectives and Purpose

• Trilateral Defence Cooperation: Strengthen strategic military ties between India, France, and the UAE.
• Air Force Interoperability: Enhance the ability of the air forces to work together during complex combat situations, ensuring effective collaboration in joint operations.
• Realistic Combat Scenarios: Provide a platform for the three countries to engage in intensive operations, simulating real-world challenges to improve skills and operational readiness.

Participants and Assets

India:

Aircraft:

• Sukhoi-30MKI: Multi-role combat aircraft.
• Jaguars: Deep penetration strike aircraft.
• IL-78: Mid-air refuellers.
• AEW&C (Airborne Early Warning and Control) systems for surveillance and operational support.
• Base: Jamnagar, India (West Coast).

France:

• Aircraft: Rafale jets, known for their multi-role capabilities.
• Base: Al Dhafra airbase, UAE.

UAE:

• Aircraft: F-16 fighter jets.
• Base: Al Dhafra airbase, UAE.

Award news

President Droupadi Murmu Confers National Panchayat Awards 2024

On December , 2024, the Hon’ble President of India, Droupadi Murmu, conferred the National Panchayat Awards 2024 upon 45 awardees, including 42 Panchayats and 3 Capacity Building Institutes, for their outstanding contributions to sustainable and inclusive development.

• Organized by: Ministry of Panchayati Raj (MoPR)
• Venue: Vigyan Bhawan, New Delhi

Key Highlights

Participation:

• A total of 1.94 lakh Gram Panchayats (GPs) participated in the competition.
• 42% of the 42 award-winning Panchayats are led by women, showcasing their leadership in rural governance.

Evaluation Process:

• Panchayats were assessed on their performance across 9 Localisation Sustainable Development Goals (LSDG) themes.
• Evaluations were conducted by committees at the Block, State, and National levels to ensure fairness and transparency.

Prize Money:

• Rs 46 crore was awarded to 45 winners.
• The prize money was directly transferred to the respective bank accounts of the winners.

About Ministry of Panchayati Raj (MoPR)

• Union Minister: Rajiv Ranjan Singh alias Lalan Singh (Constituency: Munger, Bihar)
• Minister of State (MoS): S.P. Singh Baghel (Constituency: Agra, Uttar Pradesh)
• This initiative highlights the importance of local governance and the role of Panchayats in achieving sustainable rural development across India.

Sports news

Mumbai Clinches Syed Mushtaq Ali Trophy 2024

Mumbai clinched the Syed Mushtaq Ali Trophy (SMAT) 2024 by defeating Madhya Pradesh by five wickets in a high-pressure final. Mumbai’s batting depth and resilience proved crucial in chasing a competitive target of 175 in just 17.5 overs. Despite a valiant unbeaten knock of 81 runs by MP skipper Rajat Patidar, Mumbai showcased dominance in the T20 format to secure their second SMAT title after 2022.

Match Summary

Madhya Pradesh Innings: 174/8 in 20 overs

• Key Performer: Rajat Patidar remained unbeaten at 81 off 54 balls (5 fours, 3 sixes).
• Other batters failed to capitalize, leading to a below-par total.

Mumbai Innings: 180/5 in 17.5 overs

• Suryakumar Yadav: 48 runs off 35 balls (4 fours, 3 sixes).
• Ajinkya Rahane: 37 runs off 30 balls.
• Suryansh Shedge: Match-winning 36* off 15 balls (3 fours, 3 sixes).
• Atharva Ankolekar: 16* off 6 balls, finishing in style.

Syed Mushtaq Ali Trophy

• Founded: 2006-07
• Type of Tournament: Domestic T20 Cricket Tournament
• Organized by: Board of Control for Cricket in India (BCCI)

Key Features

Format:

• The Syed Mushtaq Ali Trophy is a Twenty20 (T20) format cricket competition.
• It is contested by state teams from across India.

Inception: The tournament was introduced as the national T20 championship for domestic cricket in India. It replaced the earlier Ranjit Singh Trophy and was named after Syed Mushtaq Ali, a famous cricketer from India.

Structure:

• The tournament is played in a league format followed by knockout rounds.
• State teams are divided into groups, and they compete in round-robin matches to qualify for the final stage.

Science and tech news

India Launches First Diabetes Biobank in Chennai

India’s first diabetes biobank has been established in Chennai, a collaboration between the Indian Council of Medical Research (ICMR) and the Madras Diabetes Research Foundation (MDRF). This biobank, a crucial step in advancing scientific research, will collect, process, store, and distribute biological samples to study diabetes, its causes, variations, and related disorders, contributing to global health research.

Purpose and Importance

• Collects, processes, stores, and distributes biological samples to study diabetes and related disorders.
• Aims to identify novel biomarkers for early diagnosis and develop personalized treatment strategies.
• Focuses on unique diabetes patterns in India.

Key Studies Stored

ICMR-INDIAB Study:

• Covered 1.2 lakh individuals across 31 states/UTs.
• Revealed India’s diabetes epidemic affecting 10 crore people.

Registry of Young-Onset Diabetes:

• Tracks diabetes cases diagnosed at a young age.
• Enrolled 5,500+ participants.
• Highlights prevalence of Type 1 and Type 2 diabetes in youth.

Long-term Potential

• Supports longitudinal studies to track diabetes progression.
• Enhances India’s contribution to global diabetes research.
• Develops cost-effective, disease-specific biobanks using advanced storage and data-sharing technologies.

Indian council of Medical Research:

• Founded: 1911
• Headquarters: New Delhi
• Head: Dr. Rajiv Bahl

Edusprint Youtube Channel : Edusprint Academy

We at Edusprint Academy are committed to bringing you the most relevant and updated 15th and 16th December current affairs 2024, curated from trusted and official sources. These updates are designed to keep you ahead in your exam preparation journey.

Our comprehensive Current Affairs December 2024 coverage aims to enhance your knowledge and boost your scores in Banking, Insurance, SSC, Railways, UPSC, and all State Government Exams. Explore our Current Affairs tailored to simplify your exam preparation.

National news

Govt Unveils ‘Jalvahak’ to boost Inland Waterways, Cargo Movement incentivised on three national waterways

Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, launched the ‘Jalvahak’ Cargo Promotion Scheme aimed at boosting cargo movement on National Waterways 1, 2, and 16, covering the Ganga, Brahmaputra, and Barak rivers.

Provides direct incentives for cargo owners transporting goods via inland waterways for distances exceeding 300 km.

Inauguration Highlights:

The minister flagged off three cargo ships with two dumb barges from the GR Jetty in Kolkata, marking the start of fixed scheduled services for cargo vessels from Haldia on NW1 and NW2.

Key Benefits:

• Promotes economical, eco-friendly, and efficient transportation via waterways.
• Aims to decongest railways and roadways, reducing logistical costs.
• Enhances the use of India’s inland waterways for long-haul cargo movement.

India’s Inland Waterways Network:

India has a navigable inland waterway network of 20,236 km, comprising:

• Rivers: 17,980 km
• Canals: 2,256 km

These waterways are suitable for mechanised crafts, offering a sustainable alternative to traditional cargo transport.

Additional Points:

• Economic Viability: Inland waterways are up to 60% cheaper than road transport and 30% cheaper than railways for freight movement.
• Environmental Impact: Produces significantly lower carbon emissions compared to other modes of transport.
• Strategic Implications: Strengthens trade routes across eastern India, connecting to ports like Haldia and promoting regional trade growth.
• Future Scope: The scheme aligns with India’s commitment to sustainable infrastructure under the Gati Shakti initiative.

This initiative underscores the government’s vision to realise the untapped potential of India’s inland waterways for a sustainable and competitive logistics ecosystem.

Note: Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal

NHAI to strengthen its Highway Patrol Services with ‘Rajmarg Saathi’

• The National Highways Authority of India (NHAI) has introduced ‘Rajmarg Saathi’ Route Patrolling Vehicles to enhance road safety and ensure effective highway patrolling.
• These vehicles are equipped with advanced communication tools and AI-powered video analytics.

Key Features of Rajmarg Saathi:

Advanced AI Video Analytics:

• Onboard cameras equipped with AI can detect and capture cracks, potholes, and damages on the highway.
• Capable of identifying vehicles, pedestrians, road signs, and other infrastructure assets for proactive maintenance.

Enhanced Road Safety:

• Designed to minimize traffic disruptions and improve safety measures on highways.
• Real-time data collection enables quicker identification and resolution of potential hazards.

Communication Tools: Advanced communication systems ensure efficient coordination with relevant authorities for incident management and road maintenance.

Additional Benefits:

• Proactive Maintenance: Facilitates a data-driven approach to maintaining highways, reducing accidents caused by road defects.
• Traffic Management: Improves traffic flow by addressing disruptions promptly.
• Infrastructure Monitoring: Ensures better upkeep of highway assets like signage and lighting.

Future Scope:

• Aligns with NHAI’s vision of leveraging technology under the ‘Digital India’ initiative to improve infrastructure quality.
• Supports India’s goal of creating safer and more efficient highways under programs like Bharatmala Pariyojana.

NHAI:

• Founded: 1988
• Chairman: Sh.Santosh Kumar Yadav

BEML Secures Rs 136 Crore Contract for High Mobility Vehicles (HMVs)

On December 11, 2024, BEML Limited (formerly Bharat Earth Movers Limited), a Public Sector Undertaking (PSU) under the Ministry of Defence (MoD), secured a Rs 136 crore contract to supply indigenously designed High Mobility Vehicles (HMVs) 8×8. These vehicles are part of India’s efforts to enhance its defence capabilities and strategic infrastructure.

• Purpose: The HMVs will be deployed under the Battlefield Surveillance System (BFSS) project, designed to strengthen India’s defence infrastructure.
• Alignment with Atmanirbhar Bharat: This initiative supports India’s vision of self-reliance in defence technology through the development of indigenous defence solutions.

Key Features of the HMV 8×8:

Manufacturing: The HMVs will primarily be produced at BEML’s Palakkad plant in Kerala, with additional production at other facilities depending on operational needs.

Design and Performance: Independent suspension system, high-power air-cooled engine, central tyre inflation system, antilock braking system, and a backbone tube chassis.

Designed to operate in extreme climates from -20°C to +55°C and at altitudes up to 5,000 meters above sea level.

Modular Architecture: The modular design facilitates easy integration of various superstructures, reducing costs and enhancing the commonality across BEML’s range of military vehicles (from 4×4 to 12×12 configurations).

Operational Efficiency: The vehicles are engineered to improve the operational capacity of the BFSS project.

BEML Limited Overview:

• Established: 1964
• Headquarters: Bengaluru, Karnataka
• Chairman & Managing Director (CMD): Shantanu Roy
• Government Stake: As of September 30, 2024, the Government of India holds 54.03% of BEML’s shares.

India’s First Integrated Waste Management City and Learning Centre to be Set Up in Suthni Village, Gorakhpur, Uttar Pradesh

India’s first Integrated Waste Management City and Learning Centre is set to be established in Suthni village, Gorakhpur, Uttar Pradesh (UP) by September 2025. This pioneering initiative aims to promote innovative and sustainable waste management solutions.

A Memorandum of Understanding (MoU) was signed with National Thermal Power Corporation (NTPC) with an investment of Rs 300 crore in the project.

Key Highlights of the Project:

Location and Size: The project will cover 40 acres of land in Suthni village, with the goal of making the city garbage-free through sustainable waste management practices.

Waste Management Model: The project will employ a circular economy model, focusing on processing a variety of waste types, including:

• Biomedical waste
• Electronic waste (e-waste)
• Plastic waste

Tyres

Organic waste

By-Products: The initiative will produce valuable by-products such as charcoal and Bio-Compressed Natural Gas (Bio-CNG), contributing to both environmental sustainability and energy generation.

Project Components:

The project will feature three dedicated plants to handle the diverse waste streams, ensuring efficient processing and conversion of waste into useful resources.

Uttarpradesh:

• Capital: Lucknow (Executive Branch)
• Chief minister: Yogi Adityanath
• Governor: Anandiben Patel

International news

Switzerland Suspends ‘Most Favoured Nation’ Status to India

In a significant move, Switzerland has decided to suspend the application of the ‘Most Favoured Nation’ (MFN) clause in its tax treaty with India, a decision that could raise taxes on Indian companies operating in Switzerland. This decision follows a 2023 Indian Supreme Court ruling that altered the interpretation of the MFN clause, reversing a Delhi High Court decision favoring Nestlé. As a result, Switzerland will impose a 10% withholding tax on dividends paid to Indian companies starting January 1, 2025, instead of the previous 5%.

• Background: The MFN clause previously offered reduced tax rates (5%) on dividends, aligned with tax concessions given to other countries like Colombia and Lithuania. However, the Indian Supreme Court’s 2023 ruling in the Nestlé case altered the interpretation of the MFN clause, leading to Switzerland’s decision.
• Swiss Response: Swiss authorities cited the ruling, which held that the MFN clause does not automatically apply when new countries join the OECD without India’s explicit notification.
• Implications: Indian companies operating in Switzerland could face higher tax burdens on dividend income, especially for overseas direct investment (ODI). However, Swiss investments in India remain unaffected as tax rates in India for Swiss companies stay at 10%.

Switzerland:

• Official languages: Romansh, German, French, Italian
• Currency: Swiss Franc
• Prime minister: Viola Amherd

Economy news

S&P Global Ratings Report on India’s Economic Outlook for 2025

In December 2024, S&P Global Ratings (formerly known as Standard & Poor’s) released its report titled “India Outlook for 2025”, providing key insights into the country’s economic growth prospects.

Key Highlights from the Report:

• GDP Growth for FY25: India’s Gross Domestic Product (GDP) growth is projected to remain steady at 6.8% for the Financial Year 2024-25 (FY25), despite slow fiscal growth impacting urban demand.
• GDP Forecast for FY26: S&P Global Ratings has raised India’s GDP growth forecast to 6.9% for FY26.
• FY24 GDP: India’s GDP grew by 8.2% in FY24.
• Q2 FY25 Performance: India’s GDP growth for the second quarter (Q2) of FY25 stood at 5.4%, which was weaker than expected.

Key Findings:

Resilient Growth in 2025: India is expected to experience resilient economic growth in 2025, driven by:

• Strong urban consumption
• Stable growth in the services sector
• Ongoing investment in infrastructure

Retail Inflation:

• Retail inflation is forecast to decrease from 5.4% in FY24 to 4.5% in FY25.
• However, inflation is expected to increase slightly to 4.6% in FY26.

Challenges for the Indian Economy:

• Post-pandemic weakness in the public sector and household balance sheets.
• A highly competitive global manufacturing sector.
• Weak agriculture sector growth.

About S&P Global Ratings:

• President: Martina L. Cheung
• Headquarters: New York, United States of America (USA)

State news

Chhattisgarh Launches “Nikshay Niramay Chhattisgarh Abhiyan” to Combat Diseases

In December 2024, Chhattisgarh Chief Minister (CM) Vishnu Deo Sai launched the Nikshay Niramay Chhattisgarh Abhiyan, a 100-day health campaign aimed at eradicating diseases like leprosy, tuberculosis (TB), and malaria in the state. The campaign was inaugurated at the All India Institute of Medical Sciences (AIIMS) campus in Raipur, Chhattisgarh, and will run until March 24, 2025.

Key Features of the Initiative:

• Disease Eradication: The initiative focuses on the identification and treatment of individuals suffering from tuberculosis, malaria, and leprosy.
• Health Check-ups: The campaign also includes health check-ups and treatment for the elderly of the state.
• Mobile Medical Units: CM Vishnu Deo Sai flagged off three ambulances and the deployment of a Mobile Medical Unit (MMU) to ensure access to healthcare in remote areas.

Campaign Goals:

• The Nikshay Niramay Chhattisgarh Abhiyan is part of a broader effort to enhance healthcare access and expedite the eradication of leprosy, TB, and malaria in the state.
• It aligns with Chhattisgarh’s development vision for 2047, focusing on improving health services across the state.

About Chhattisgarh:

• Chief Minister: Vishnu Deo Sai
• Governor: Ramen Deka
• Capital: Raipur
• Important Dams: Dudhawa Dam, Gangrel Dam, and Sondur Dam

Banking news

ICICI Bank and Commonwealth Bank of Australia Sign MoU to Enhance Trade and Business Collaboration

On December , 2024, ICICI Bank Limited, India’s leading private sector bank based in Mumbai (Maharashtra), signed a Memorandum of Understanding (MoU) with the Commonwealth Bank of Australia (CBA). The partnership aims to enhance trade and business collaboration between Australia and India, specifically focusing on the Australia-India corridor.

Key Points of the MoU:

• Support for Customers: The partnership will provide banking services and migration assistance to customers moving between Australia and India, as well as businesses looking to expand in either country.
• Corporate Collaboration: Both banks will explore ways to assist corporate and business customers seeking to invest or establish operations in the other country. This includes offering tailored banking solutions for cross-border transactions.
• Cross-Border Payments: The MoU includes efforts to improve cross-border payments by providing customer-centric solutions that simplify transactions and enhance ease of doing business across the two nations.
• Economic Cooperation: This collaboration aligns with ongoing negotiations for the Comprehensive Economic Cooperation Agreement (CECA), aiming to foster stronger trade and investment ties between the two countries.
• Australia-India Economic Cooperation and Trade Agreement (ECTA): The partnership follows the ECTA, which has been in effect since December 2022, further strengthening the economic and trade relations between Australia and India.

Signatories:

• Rakesh Jha, Executive Director (ED) of ICICI Bank
• Mike Vacy-Lyle, Group Executive of Business Banking at CBA

About ICICI Bank Limited :

• Chief Executive Officer (CEO)- Sandeep Bakhshi
• Incorporated – 1994
• Headquarters- Mumbai, Maharashtra
• Tagline- Hum Hain Na, Khayal Aapka

About Commonwealth Bank of Australia (CBA):

• Chief Executive Officer (CEO)- Matt Comyn
• Headquarters– Sydney, Australia
• Established– 1911

Asian Development Bank (ADB) and NaBFID Sign Letter of Intent to Boost Infrastructure Financing in India

In December 2024, the Asian Development Bank (ADB) and India’s National Bank for Financing Infrastructure Development (NaBFID) signed a Letter of Intent (LOI) aimed at increasing financing for India’s infrastructure sector to promote sustainable development.

Key Highlights:

USD 500 Million Loan for IIFCL: ADB has approved a USD 500 million loan to the India Infrastructure Finance Company Limited (IIFCL). This loan, backed by a sovereign guarantee, is intended to support infrastructure projects in India, specifically in areas such as:

• Connectivity
• Energy transition
• Urban development
• Education
• Healthcare

USD 788.8 Million Loan for Amaravati: ADB has also approved a USD 788.8 million loan (valued at 121.97 billion Japanese yen) for the Andhra Pradesh government to develop Amaravati as a green, smart capital city. The loan aims to provide world-class infrastructure and is a part of efforts to create a sustainable urban hub in the region.

Signatories:

• Ramesh Subramaniam, Group Director General (GDG) of the ADB sector
• Rajkiran Rai G, Managing Director (MD) of NaBFID

About National Bank for Financing Infrastructure Development (NaBFID):

• Chairman: KV Kamath
• Headquarters: Mumbai, Maharashtra
• Established: 2021

Notified as a public financial institution under the Companies Act, 2023 by the Government of India in September 2024.

RBI increases collateral-free agricultural loan limit from Rs 1.6 to Rs 2 lakh

The Reserve Bank of India (RBI) has raised the limit for collateral-free agricultural loans from ₹1.6 lakh to ₹2 lakh. This new limit will be effective from 1st January next year.

Key Points:

• Impact of Inflation on Farmers: The decision comes in recognition of the rising impact of inflation and the increasing cost of agricultural inputs on farmers’ livelihoods.
• Wider Financial Access: The increased limit aims to enhance financial access for farmers, ensuring they have sufficient resources to meet their operational and developmental needs.
• Benefits for Small and Marginal Farmers: Small and marginal farmers stand to benefit the most as the scheme eliminates the need for collateral and reduces borrowing costs, making it more accessible for them to secure loans.
• Kisan Credit Card (KCC) Loans: This move is expected to boost the uptake of Kisan Credit Card loans, helping farmers invest in agricultural operations and improve their livelihoods.
• Publicity and Awareness: Banks have been instructed to publicize this initiative extensively to ensure maximum outreach and awareness among farmers and other stakeholders in their operational areas.

Additional Benefits:

• Financial Inclusion: The initiative strengthens financial inclusion by ensuring that farmers, particularly those in remote areas, have access to necessary funds without the barriers of collateral.
• Agricultural Development: Facilitates increased investments in farming, thereby promoting sustainable agricultural growth.

RBI:

• Founded: 1 April 1935, Kolkata
• Headquarters: Mumbai
• Governor: Sanjay Malhotra

BOBCARD Launches TIARA Credit Card

BOBCARD has launched the TIARA Credit Card, a premium, women-focused card designed to empower modern women with a range of benefits. It was introduced during an event at Pinkathon, featuring prominent personalities like Milind Soman and Ankita Konwar. The TIARA card is powered by the RuPay network and aims to boost women’s financial autonomy without compromising their lifestyle.

Key Features of TIARA Credit Card:

• Joining & Annual Fee: Rs 2,499 + GST, with fee waivers on meeting spending targets.
• Rewards: Earn 15 reward points for every Rs 100 spent on travel, dining, and international purchases.
• Health & Safety Perks: Includes free health packages (Pap Smear, Mammography) and personal accident cover up to Rs 10 Lakhs.
• Lifestyle Benefits: Receive complimentary vouchers worth Rs 31,000 from brands like Myntra, Nykaa, and Lakme Salon.
• Entertainment & Dining: Free memberships to OTT platforms, discounts on movie tickets, and Swiggy One free deliveries.
• Additional Perks: Unlimited domestic lounge access, reduced forex mark-up, and UPI payment access.

A Step Toward Financial Empowerment: The TIARA Credit Card represents more than just financial benefits. With the slogan “Your Woman Card is Your Power Move,” BOBCARD encourages women to embrace their financial independence, challenging societal perceptions and promoting financial success and empowerment.

Max Life Rebrands to Axis Max Life Insurance

Max Life Insurance has officially rebranded as Axis Max Life Insurance, marking a significant transformation following corporate and regulatory approvals. This move follows Axis Bank’s acquisition of a larger stake in Max Life, enhancing their partnership and aligning the company’s future growth strategies.

Key Highlights:

Rebranding and New Corporate Identity:

• The rebranding includes a fresh logo combining Axis’s iconic ‘A’ with a burgundy shade, symbolizing trust, responsibility, and modernity.
• This change reflects the strengthened partnership between Axis Bank and Max Life Insurance, focusing on expanding their reach, particularly in non-metro and tier 1 cities.

Stake Acquisition: Axis Bank raised its stake in Max Life from 19.02% to 19.99%, reducing Max Financial Services Ltd’s stake from 87% to 81%, solidifying Axis’s stronger role in the insurance venture.

Corporate and Regulatory Approvals: The Registrar of Companies issued a fresh certificate of incorporation on December 12, 2024, officially confirming the rebranding. This follows the announcement made in October 2024 integrating ‘Axis’ into the corporate name.

New Brand Campaign: The company launched the ‘Double Bharosa’ campaign, featuring cricketer Rohit Sharma and his wife Ritika Sajdeh, aiming to enhance customer trust and confidence in the services. The campaign emphasizes the combined strengths of Max Life and Axis Bank, reinforcing their reliability and commitment to customer satisfaction.

Award news

2024 Champions of the Earth Award: UNEP Recognition

In December 2024, the United Nations Environment Programme (UNEP) announced the recipients of the prestigious “Champions of the Earth Award”, the UN’s highest environmental honor. This award recognizes individuals and organizations making extraordinary contributions toward environmental protection, with this year’s focus on combating land degradation, drought, and desertification.

Key Highlights:

Madhav Gadgil, a veteran Indian ecologist, was honored with the Champions of Earth Award for his exceptional contributions in the field of conservation and environmental protection. He is one of the six awardees recognized for their outstanding efforts to restore degraded land, increase drought resilience, and prevent desertification.

• Other Awardees: Along with Madhav Gadgil, five other laureates were also acknowledged for their transformative environmental work.
• History of the Award: Since its inception, the Champions of the Earth Award has recognized 122 laureates, including 7 world leaders, 70 individuals, and 19 groups/organizations for their exemplary efforts in environmental conservation.

About the United Nations Environment Programme (UNEP):

• Executive Director (ED): Inger Anderson
• Headquarters: Nairobi, Kenya
• Established: 1972

Scheme news

FAME-III: New Milestone for Electric Mobility in India

India is fast-tracking its electric vehicle (EV) ecosystem with the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, reflecting the government’s commitment to electric mobility and reducing fossil fuel dependency. With a substantial outlay of Rs. 10,900 crore over two years (April 2024 to March 2026), the scheme is designed to promote electric mobility as part of India’s vision of becoming a global leader in the sector.

Key Phases of FAME Scheme:

FAME I (2015-2020):

• Outlay: Rs. 900 crore.
• Focused on demand incentives for EV buyers.
• Supported 278,000 EVs, with a total incentive of Rs. 343 crore.

FAME II (2020-2024):

• Increased Outlay: Rs. 10,000 crore (later revised to Rs. 11,500 crore).
• Supported 1.6 million vehicles, with a rise in EV manufacturers from 124 to 731.
• EV sales grew from less than 7,000 units in FY15 to 1.5 million units in FY24, accounting for 6.8% of total automobile sales.

FAME-III (Upcoming):

• Launch: Expected within the next two months.
• Focus on expanding EV adoption across segments, including heavy-duty trucks.

The Road Ahead:

• Skilled Workforce: Addressing skill gaps for a future-ready EV workforce is crucial for sustaining growth.
• Industry Collaboration: Encouraging collaboration between stakeholders to make India a global leader in EVs.
• Infrastructure Expansion: Strengthening charging infrastructure and promoting innovation in EV-related technologies.
• Policy Support: Ongoing policy interventions will drive innovation and investments in the sector.

Appointment news

François Bayrou: Macron’s New Prime Minister Amid Political Turmoil

François Bayrou has been appointed as the Prime Minister of France by President Emmanuel Macron, marking his third appointment in 2024.

• Political Context: Bayrou, a centrist and long-time Macron ally, takes charge amid a deepening political crisis in France, following a vote of no-confidence that ousted Michel Barnier’s minority government.
• Immediate Challenges: Bayrou faces significant obstacles, including navigating a divided parliament and securing support for critical legislation, particularly the 2025 budget bill.

Manish Jain Appointed as Executive Director of YES Bank

Manish Jain has been appointed as the Executive Director (Whole-Time Director) of YES Bank, with the Reserve Bank of India (RBI) granting approval.

• Tenure: His appointment will be effective from December 11, 2024, and will last for three years, until December 10, 2027.
• Board Resolution: The decision follows a prior resolution by the bank’s board of directors and is subject to the approval of YES Bank’s shareholders.
• Background: Jain, who joined YES Bank in September 2023, brings extensive experience in corporate and wholesale banking.

YES bank:

• Headquarters: Mumbai
• CEO: Prashant Kumar (6 Mar 2020–)
• Founded: 2004

Ranks and report news

Bloomberg’s List of the World’s Richest Families for 2024: Key Insights

The Bloomberg list of the world’s richest families for 2024 highlights the growing wealth disparities among the global elite, showcasing families that have amassed staggering fortunes across generations. Here’s a breakdown of the key findings:

Walton Family (USA) 1^st

• Wealth: $432.4 billion
• Primary Source: Walmart, the retail giant.
• Stake: 46% ownership in Walmart, with over 10,600 stores globally.
• Increase in Wealth: Walmart shares surged by 80% in 2024, adding $172.7 billion to their fortune.
• Daily Wealth Increase: $473.2 million per day or $328,577 per minute.
• Generations: Three generations, with strong control over Walmart’s operations.

Indian Families in the Top 25

Ambani Family (India)

• Wealth: $99.6 billion
• Global Position: Ranked 8th on the list, reflecting Reliance’s growing influence globally.

Mistry Family (India)

• Wealth: $41.4 billion
• Global Position: Ranked 23rd, showcasing significant influence in both the Indian and global construction sectors.

Summit news

PM Modi Chairs the 4th National Conference of Chief Secretaries

The 4th annual National Conference of Chief Secretaries commenced in New Delhi on 13 December 2024. As per the practice, Prime Minister Narendra Modi will chair the last two days of the National Conference of Chief Secretaries, i.e. on 14 and 15th December 2024.

The fourth edition of the National Conference of the Chief Secretaries is in New Delhi from 13-15 December 2024.

Representatives of the Central Government, Chief Secretaries, and other senior officials of all 28 states, as well as eight Union Territories and domain experts, are participating in the conference.

About the National Conference of Secretaries: The National Conference of Chief Secretaries is an initiative of the government of India to strengthen the spirit of cooperative federalism. The Chief Secretary heads the civil services of their respective states and Union Territories. The Cabinet Secretary heads the civil service at the Union Level.

• The conference’s main aim is to encourage participative governance and partnership between the Centre and the State Governments.
• To prepare a common development agenda and cohesive action by state and centre to achieve the goals of the common agenda.
• It provides a platform where the state /Union Territory government can present their best practices in a particular domain.
• The state/Union Territory can learn from one another’s successful practices.
• To achieve this goal, the central government organised the  First National Conference of the Chief Secretaries in June 2022 at Dharamshala, Himachal Pradesh.
• Second Conference was organised in New Delhi in January 2023.
• Third Conference was also hosted by New Delhi in December 2023.

Theme of the 4th National Conference of the Chief Secretaries: The theme of the 4th National Conference of the Chief Secretaries is -‘Promoting Entrepreneurship, Employment & Skilling – Leveraging the Demographic Dividend.

3rd India -UK Financial Market Dialogue held in Gift City, Gujarat

• The 3rd India-UK Financial Market Dialogue was held on 12th December 2024 at GIFT City (Gujarat International Financial Tech City).
• The annual dialogue brought together senior officials from financial regulators of both India and the UK to discuss collaboration in financial regulations and ways to enhance trade and investment between the two countries.

Key Focus Areas:

Collaboration on Financial Regulations:

• The dialogue emphasized the importance of strengthening business-to-business links between the two nations.
• The discussions aimed at creating an environment conducive to unlocking commercial opportunities in both countries’ financial markets.

Participants:

• The dialogue was attended by senior officials from India’s Ministry of Finance and the UK’s His Majesty Treasury.
• Financial regulators from both countries were also present, including the Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority of India (IRDAI), Pension Fund Regulatory and Development Authority (PFRDA), and the International Financial Services Centre Authority (IFSCA) from India.
• From the UK, representatives from the Bank of England and the Financial Conduct Authority participated.

Key Financial Regulators of India

Reserve Bank of India (RBI):

• Established in 1935 under the Reserve Bank of India Act, 1934.
• Regulates banks, NBFCs, financial institutions, and the money market.
• Headquarters: Mumbai
• Governor: Sanjay Malhotra

Securities and Exchange Board of India (SEBI):

• Established as a non-statutory body in 1988 and became statutory in 1992.
• Regulates the capital and commodities markets.
• Headquarters: Mumbai
• Chairperson: Madhabi Puri Buch

Insurance Regulatory and Development Authority of India (IRDAI):

• Established in 2000 under the IRDAI Act, 1999.
• Regulates India’s insurance sector.
• Headquarters: Hyderabad
• Chairman: Debasish Panda

Pension Fund Regulatory and Development Authority (PFRDA):

• Established in 2003; made statutory under the PFRDA Act, 2013.
• Regulates India’s pension market.
• Headquarters: New Delhi
• Chairperson: Dr. Deepak Mohanty

International Financial Services Centre Authority (IFSCA):

• Established in 2020 under the IFSCA Act, 2019.
• Regulates the International Financial Services Centre (IFSC) located in GIFT City, Gujarat.
• Headquarters: GIFT City, Gujarat
• Chairperson: K Rajaraman

About GIFT City

• GIFT City (Gujarat International Financial Tech City) is a multi-service special economic zone located between Ahmedabad and Gandhinagar in Gujarat, developed by the Gujarat Government.
• It hosts India’s first and only International Financial Services Centre (IFSC).
• GIFT City is designed to be a Smart City and aims to become a global financial hub akin to Singapore.
• It is home to India’s first international stock exchange, India International Exchange (India INX).
• Chairman of GIFT City: Hasmukh Adhia

India Maritime Heritage Conclave 2024

• The 1st India Maritime Heritage Conclave (IMHC 2024) took place on December 11-12, 2024, organized by the Ministry of Ports, Shipping and Waterways (MoPSW).
• The event celebrated India’s rich maritime legacy and aimed to position India as a global leader in maritime affairs.
• It brought together key ministers, maritime experts, and international dignitaries to discuss the future of India’s maritime sector, focusing on sustainability, innovation, and employment opportunities.

Historic Significance of India’s Maritime Heritage

Ancient Maritime Roots:

• India’s maritime history dates back to ancient times, with references found in the Rig Veda and the Indus Valley Civilization.
• Trade, shipbuilding, and navigation were integral to India’s early maritime activities, which connected the country to global trade routes.

Modern Maritime Leadership:

Today, India’s extensive coastline and strategic ports continue to play a pivotal role in global trade, handling 95% of the country’s trade volume and 70% of its trade value through maritime channels.

Key Highlights of IMHC 2024

Inauguration and Support:

• The conclave was inaugurated by Union Minister Sarbananda Sonowal.
• Vice-President Jagdeep Dhankhar and Prime Minister Narendra Modi sent messages of support, reinforcing India’s commitment to maritime growth.

Discussions and Focus Areas:

• The event included keynote sessions and panel discussions on topics such as:
• Making India a global maritime hub.
• Creating employment opportunities in the maritime sector.
• Preserving India’s maritime heritage.
• The conclave also highlighted the role of sustainable practices in the maritime industry.

International Participation: Over 20 international exhibitors participated, with representatives from countries like Greece, Italy, and the UK, showcasing global collaboration in the maritime sector.

National Maritime Heritage Complex (NMHC) at Lothal

• A key feature of the conclave was the presentation of the upcoming National Maritime Heritage Complex (NMHC) in Lothal, Gujarat.
• Lothal, a city with historical significance dating back to 2600 BCE, was once an important center of maritime trade.
• The NMHC will showcase India’s ancient shipbuilding methods, trade techniques, and contributions to global maritime practices, serving as a hub for preserving India’s maritime history.

Important days

Nation celebrates Vijay Diwas to commemorate India’s 1971 victory over Pakistan

Vijay Diwas is celebrated on 16th December each year to commemorate India’s victory over Pakistan in the 1971 war, marking a pivotal moment in Indian history.

Victory in the 1971 War:

On this day in 1971, General AA Khan Niazi, the chief of the Pakistani forces, and 93,000 Pakistani troops surrendered unconditionally to the allied forces consisting of the Indian Army and Mukti Bahini (the Bengali freedom fighters).

• Martyrs’ Tribute: The nation pays rich tributes to the martyrs who sacrificed their lives during the war, acknowledging their bravery and dedication to the country.
• Formation of Bangladesh: The victory led to the secession of East Pakistan (present-day Bangladesh), which became an independent nation after the war, fundamentally altering the political landscape of South Asia.

Significance: Vijay Diwas honors the courage and valor of the Indian military and Mukti Bahini fighters in achieving a decisive victory.

It marks the culmination of India’s support for Bangladeshi independence and a crucial moment in the liberation of Bangladesh.

Cultural and National Impact:

• The day is remembered as a symbol of India’s military strength and its commitment to supporting democratic movements in neighboring countries.
• It also marks the legacy of Indo-Bangladesh relations, which continue to be strengthened by shared historical ties.

Obituary news

Legendary tabla maestro Zakir Hussain passes away at 73

Ustaad Zakir Hussain, the legendary tabla maestro, passed away on 15th December 2024 at the age of 73 in the United States. He had been battling blood-pressure-related issues and had been previously hospitalized due to heart problems.

Early Life and Background: Born on March 9, 1951, in Mumbai, Zakir Hussain was the eldest son of the renowned tabla player Allah Rakha. Growing up in a musical family, he was naturally drawn to music from an early age.

Career Highlights:

• Musical Achievements: With a career spanning over six decades, Zakir Hussain became one of the most influential tabla players in the world.
• He won five Grammy Awards, including three at the 66th Grammy Awards in 2024, underscoring his global recognition.
• Collaborations: Hussain collaborated with numerous renowned artists, blending Indian classical music with other genres. His 1973 project with John McLaughlin, L. Shankar, and T.H. Vikku Vinayakram was groundbreaking, creating a fusion of Indian classical music with jazz that was revolutionary at the time.

Cinematic Contributions: Apart from his musical career, Hussain acted in films like ‘Saaz’, ‘Heat and Dust’, and his most recent project, ‘Monkey Man’ (2024).

• Awards and Recognition: Padma Shri (1988), Padma Bhushan (2002), and Padma Vibhushan (2023) are some of the prestigious honors Zakir Hussain received in recognition of his contribution to music and culture.
• Legacy: Zakir Hussain’s legacy as a global ambassador of Indian classical music will continue to inspire musicians and music lovers around the world. His innovative work in blending traditional Indian music with modern genres and his iconic performances left an indelible mark on both Indian and international music scenes.

Raj Manchanda, Indian Squash Legend and Arjuna Awardee passed away

In December 2024, Raj Manchanda, the renowned Indian squash player, passed away at the age of 79 in New Delhi, Delhi. Born on 5th August 1945 in Abohar, Punjab, Raj Manchanda was widely respected for his remarkable contributions to Indian squash.

Key Achievements:

• Arjuna Awardee (1983): Raj Manchanda was honored with India’s second-highest sports honor, the Arjuna Award, in recognition of his outstanding achievements in squash.
• National Squash Champion: He won six consecutive National Squash Championships from 1977 to 1982 and claimed 11 titles for the Services.
• International Success: He led the Indian Squash Team to a silver medal at the 1981 Asian Team Championships in Karachi and a bronze medal at the 1984 Asian Team Championships in Jordan.
• Legacy: Manchanda’s impact on the sport is also commemorated with the naming of two squash courts at the National Defence Academy (NDA) in Pune, Maharashtra, and the Indian Military Academy (IMA) in Dehradun, Uttarakhand, in his honor.

Post-Squash Career:

• After his squash career, Raj Manchanda transitioned to work as a consultant at Exhibition Industries in Delhi.
• Raj Manchanda’s legacy as a player and his contributions to Indian squash remain a significant part of the country’s sporting history.

Edusprint Youtube Channel : Edusprint Academy

We at Edusprint Academy are committed to bringing you the most relevant and updated 13th December current affairs 2024, curated from trusted and official sources. These updates are designed to keep you ahead in your exam preparation journey.

Our comprehensive Current Affairs December 2024 coverage aims to enhance your knowledge and boost your scores in Banking, Insurance, SSC, Railways, UPSC, and all State Government Exams. Explore our Current Affairs tailored to simplify your exam preparation.

National news

CM Dhami inaugurates 10th World Ayurveda Congress 2024 at Dehradun

The 10th World Ayurveda Congress and Arogya Expo 2024 was inaugurated by Uttarakhand Chief Minister Pushkar Singh Dhami in Dehradun on 12th December 2024. This biennial event, organized by the Union Ministry of Ayush and the World Ayurveda Foundation, runs from 12th to 15th December 2024.

• The theme for this edition is “Digital Health – an Ayurveda Perspective,” focusing on integrating modern technology with traditional Ayurvedic practices. The conference explores advancements in digital health, including telemedicine, mobile health apps, and wearable technology, to enhance healthcare delivery.
• The World Ayurveda Congress was first held in Kochi, Kerala in 2002, and aims to promote Ayurveda as a global healthcare system. The Arogya Expo showcases leading Ayurvedic products and research from institutions across India and the world.

Uttarakhand:

• Capitals: Dehradun (Winter), Bhararisen (Summer)
• Founded: 9 November 2000
• Chief minister: Pushkar Singh Dhami
• Governor: Gurmit Singh

Ist India Maritime Heritage Conclave 2024 Concludes in New Delhi

The first India Maritime Heritage Conclave 2024 concluded on 12th December 2024 in New Delhi, showcasing India’s rich maritime legacy dating back to the Harappan period. The Conclave brought together key ministers, maritime experts, and industry leaders from India and abroad to discuss the future of India’s maritime sector.

Organized by: The Union Ministry of Ports, Shipping and Waterways, with collaboration from the Ministries of Labour, Youth Affairs, Education, Tourism, and Culture.

Inaugural Address: The event was inaugurated by Union Minister Sarbananda Sonowal on 11th December 2024. The Vice President Jagdeep Dhankhar and Prime Minister Narendra Modi also addressed the Conclave, with Gajendra Singh Shekhawat (Union Minister for Culture and Tourism), Dr. Mansukh Mandaviya (Union Minister for Labour and Youth Affairs), and Gujarat CM Bhupendra Patel participating.

Objectives of the Conclave:

• Highlighting India’s maritime heritage.
• Charting a roadmap for India to become a global maritime hub.
• Creating awareness about employment opportunities in the maritime sector.
• Integrating maritime heritage into India’s education system.
• Promoting Indian maritime heritage as a tourist destination and ensuring its preservation.

Additionally, the Government of India is developing the National Maritime Heritage Complex at Lothal, Gujarat to preserve and promote this rich history. The Conclave was also attended by representatives from four state governments: Gujarat, Goa, Bihar, and Arunachal Pradesh.

Intensified 100-Day TB Elimination Campaign Launched

On December 2024, Union Minister Jagat Prakash Nadda, Ministry of Health and Family Welfare (MoH&FW), launched the intensified 100-day Tuberculosis (TB) elimination campaign to accelerate the fight against TB in Panchkula, Haryana. The campaign will culminate on March 24, 2025.

During the launch, Union Minister Jagat Prakash Nadda also introduced national guidelines for the new drug-resistant TB regimen called BPALM. These guidelines aim to streamline and standardize treatment.

Campaign Overview:

• Duration: 100 days (ends on 24 March 2025, World TB Day)
• Aim: Accelerate efforts to achieve “TB-Mukt Bharat” (TB-free India) by 2025.
• Coverage: 347 districts across 33 States and Union Territories.
• Objective: Strengthen the National TB Elimination Programme (NTEP).

New Drug-Resistant TB Guidelines:

• Guidelines Introduced: BPALM Regimen
• Streamlines and standardizes treatment for drug-resistant TB.

About the Ministry of Health and Family Welfare (MoH&FW):

• Union Minister: Jagat Prakash Nadda (Rajya Sabha, Gujarat)

Ministers of State (MoS):

• Jadhav Prataprao Ganpatrao (Buldhana, Maharashtra)
• Anupriya Patel (Mirzapur, Uttar Pradesh)

Banking news

$500 million ADB loan to develop sustainable infrastructure in India

The Asian Development Bank (ADB) approved a $500 million financial intermediation loan on 12 December 2024 to support environmentally sustainable infrastructure development in India. Here are the key details:

Loan Details

• Recipient: India Infrastructure Finance Company Limited (IIFCL), owned by the Government of India.
• Guarantee: Sovereign Guarantee The Government of India will repay the loan if IIFCL defaults.

Utilization of Loan

Infrastructure Financing: The funds will finance greenfield (new) and brownfield (existing) projects.

Sectors Covered

• Connectivity and Energy Transition: Sustainable transport and renewable energy projects.
• Urban Development: Includes sustainable urban infrastructure.
• Education and Healthcare: Projects aimed at improving social infrastructure.
• Capacity Building: Strengthen IIFCL’s ability to integrate green technologies and implement best practices in infrastructure development.

India’s Climate Financing Gap

• India faces significant climate-related challenges such as floods, droughts, and cyclones.
• To combat these, India needs to invest heavily in sustainable infrastructure but faces a $1 trillion climate financing gap.

About India Infrastructure Finance Company Limited (IIFCL)

• Establishment: 2006.
• Ownership: Wholly owned by the Government of India.
• Registration: Non-Banking Finance Company – Non-Deposit taking Infrastructure Financing Company (NBFC-ND-IFC) under RBI.
• Purpose: Provides long-term loans for viable infrastructure projects in sectors like:
• Transportation, Energy, Water, Sanitation, Communication, and Social Infrastructure.
• Headquarters: New Delhi.
• Managing Director: Padmanabhan Raja Jaishankar.

About Asian Development Bank (ADB)

• Establishment: 1966.
• Headquarters: Mandaluyong City, Metro Manila, Philippines.
• Members: 69 countries from the Asia-Pacific region.
• Objective: Promote economic development and cooperation in the Asia-Pacific region.

Bank of Baroda Launches New Loan Schemes for MSMEs

On December, 2024, Bank of Baroda (BOB), a leading Public Sector Bank, launched two new loan schemes for the MSME sector:

• Baroda Mahila Swavalamban – Aimed at empowering women entrepreneurs.
• Baroda Smart OverDraft (OD) – A digital OD facility for GST-registered MSMEs.

Key Features

Baroda Mahila Swavalamban:

• Competitive interest rates starting at 9.15%, linked to Baroda Repo Linked Lending Rate (BRLLR).
• Loan range: ₹20 lakh to ₹7.5 crore.
• Relaxed margin requirements for capital expenditure.

Baroda Smart OverDraft: Technology-driven credit assessments based on GST returns, banking activity, and online transactions.

Objective: Both schemes aim to simplify and improve access to financing for the MSME sector, fostering growth and sustainability.

About Bank of Baroda (BOB)

• Managing Director & CEO: Debadatta Chand
• Headquarters: Vadodara, Gujarat
• Tagline: India’s International Bank
• Established: 1908

IDFC FIRST Bank Introduces AI-Powered Holographic Digital Avatar of Amitabh Bachchan

On December , 2024, IDFC FIRST Bank unveiled India’s first AI-powered holographic digital avatar featuring its brand ambassador, Amitabh Bachchan. The innovative technology uses Holographic Extended Reality (HXR) to provide an immersive and personalized banking experience.

Deployment

• The first device was launched at the bank’s Juhu branch in Mumbai.
• Plans are in place to expand deployment across high footfall branches and strategic locations nationwide.

Key Features of the Avatar Offers insights into banking services, including:

• Zero Fee Banking
• Mobile Banking
• Monthly Interest Credits
• BRAVO Current Account

Objective: This initiative underscores IDFC FIRST Bank’s commitment to its digital-first strategy, enhancing customer engagement and setting new benchmarks in the banking sector.

About IDFC FIRST Bank

• Headquarters: Mumbai, Maharashtra
• Focus: Combining innovation and customer-centricity in the financial services domain.

State news

Himachal Government launches Him Bhog Atta and five Welfare scheme

On the completion of two years of his government, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu launched six welfare schemes aimed at improving various sectors of the state’s development. The schemes were launched in a ceremony held in Bilaspur, where the Chief Minister also distributed financial assistance to the beneficiaries. Here is an overview of the welfare schemes:

Him Bhog Atta

• Objective: Promote natural farming by using maize grown through natural farming methods.
• Details: The maize is procured from 1,506 farmers across 10 districts. The government aims to encourage natural farming and plans to enroll 36,000 farmers in the Rajiv Gandhi Natural Farming Start-up Scheme.

Indira Gandhi Sukh Shiksha Yojana

• Objective: Prevent child exploitation and support children from vulnerable families.
• Details: Monthly financial assistance of Rs 1,000 for children below 18 years of age, benefiting 23,000 children from widows, destitute women, divorced women, and disabled parents.
• Annual Budget: Rs 53.21 crore.

Himachal Pradesh Subtropical Horticulture, Irrigation and Value Addition Project (HP Shiva)

• Objective: Promote horticulture development in nine districts.
• Details: The scheme will cover 6,000 hectares and promote fruit cultivation (oranges, guavas, litchi, plums). It is expected to benefit 15,000 farming families, producing 1.3 lakh metric tonnes of fruit annually by 2032, with a market value of Rs 400 crore.
• Total Budget: Rs 1,292 crore.

E-Taxi under Rajiv Gandhi Start-up Swarojgar Yojna

• Objective: Provide electric taxis to promote self-employment.
• Details: 16 electric taxi owners were handed the keys, with a 50% subsidy on vehicle purchases. The electric vehicles will be leased to the state government for five years.

Cow Dung Purchase Scheme

• Objective: Boost farmers’ income by purchasing organic and vermicompost from farmers.
• Details: The government will buy cow dung at Rs 300 per quintal, with payments directly transferred to the farmer’s account.

Mobile Ayush Healthcare Units

• Objective: Provide healthcare to remote regions.
• Details: Five mobile units were launched to offer Ayurveda, Unani, or Homeopathy treatments in tribal areas like Kinnaur, Lahaul & Spiti, Chamba, and Sirmaur district.

Mukhyamantri Sukh-Ashray Yojana

• Objective: Support orphaned children with education, care, and support.
• Details: Financial assistance of Rs 1.90 crore was released for eligible beneficiaries. The scheme offers support until the children reach 27 years of age.
• These initiatives reflect the government’s commitment to addressing welfare, agriculture, education, and healthcare needs for the people of Himachal Pradesh.

Himachal Pradesh:

• Capitals: Shimla (Summer), Dharamshala (Winter)
• Chief minister: Sukhvinder Singh Sukhu
• Governor: Shiv Pratap Shukla

‘Urjaveer’ Scheme: A Step Towards 100% Green Energy in Andhra Pradesh

On December  2024, Union Minister Manohar Lal Khattar, Ministry of Power (MOP) along with Chief Minister (CM) of Andhra Pradesh (AP), Nara Chandrababu Naidu, inaugurated the ‘Urjaveer’ scheme at Poranki in Krishna district of Andhra Pradesh (AP).

The Urjaveer Scheme, implemented by Energy Efficiency Services Limited (EESL), is designed to promote the use of energy-efficient appliances while offering economic benefits to individuals.

This initiative aims to transform AP into a 100% green energy state, focusing on sustainable development and energy conservation.

About the Scheme:

Objective: Promote the use of energy-efficient appliances to make Andhra Pradesh a 100% green energy state.

• Implementing Agency: Energy Efficiency Services Limited (EESL)
• A Joint Venture (JV) of Public Sector Undertakings (PSUs) under the Ministry of Power.

Andhra Pradesh:

• Capital: Amaravati
• Chief minister: N. Chandrababu Naidu
• Governor: S. Abdul Nazeer

Appointment news

Vaibhav Chaturvedi Appointed as Ex-Officio Member of IBBI

Vaibhav Chaturvedi was appointed as the ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI) under the provisions of Section 189(1)(c) of the Insolvency and Bankruptcy Code, 2016.

Current Role: Vaibhav Chaturvedi serves as the Chief General Manager (CGM), Credit Risk Regulation at the Reserve Bank of India (RBI).

About Insolvency and Bankruptcy Board of India (IBBI)

• Chairperson: Ravi Mital
• Headquarters: New Delhi, India
• Established: October 1, 2016

Functions and Objectives

• Implementation of the Insolvency and Bankruptcy Code (IBC), 2016:
• Promotes transparency, accountability, and efficiency in insolvency and bankruptcy processes.
• Oversees resolution of stressed assets.

Credit Discipline: Facilitates timely and transparent insolvency resolutions to restore confidence in the financial sector.

About IBC, 2016

• Aims to restructure and resolve insolvencies efficiently.
• Strengthens the financial ecosystem by ensuring timely interventions and resolutions

Rajeev Mehta Elected Secretary General of Fencing Confederation of Asia (FCA)

Rajeev Mehta, former Secretary General of the Indian Olympic Association (IOA), was elected as the Secretary General of the Fencing Confederation of Asia (FCA) for a term of four years during the 37th FCA General Assembly held in Tashkent, Uzbekistan.

• First Indian: He is the first Indian administrator to hold this prestigious position, succeeding Rusni Abu Hassan (Malaysia).
• Previous Role: Rajeev Mehta previously served as the Secretary General of the Fencing Association of India (FCI).

About Fencing Confederation of Asia (FCA)

Establishment:

Constitution amended on September 7, 2015.

The name “Fencing Confederation of Asia” was adopted during the General Assembly in Nantong, China, in August 2007.

• President: H.H. Engr. Sheikh Salem Sultan AlQasimi.
• Headquarters: Dubai, United Arab Emirates (UAE).
• Members: 46 countries.

Award news

2024 Nobel Prize winners Honoured in Stockholm and Oslo

The 2024 Nobel Prizes were awarded on 10th December 2024 in ceremonies held in Stockholm and Oslo. The Nobel Prizes were established by Alfred Nobel, a Swedish inventor and businessman, who left his fortune to create these prestigious awards to honor those who have conferred the greatest benefit to humanity.

Nobel Prize Winners of 2024:

Physics

• John Hopfield (American)
• Geoffrey Hinton (British-Canadian)
• For their work in physics related to artificial intelligence and neural networks.

Chemistry

• David Baker (American)
• Demis Hassabis (British)
• John Jumper (American)
• For their contributions to the understanding of protein folding and its applications.

Physiology or Medicine

• Victor Ambros (American)
• Gary Ruvkun (American)
• For their pioneering work in the discovery of microRNA and its significance in gene regulation.

Literature

• Han Kang (South Korea)
• For her exceptional literary contributions, especially in examining complex human emotions.

Economics

• Daron Acemoglu (Turkish-American)
• Simon Johnson (British-American)
• James Robinson (American)
• For their work on the economics of democracy and the role of institutions in economic development.

Peace

• Nihon Hidankyo (Organization of Japan)
• For their tireless efforts in advocating for nuclear disarmament and peace.

Previous Year’s Winners (2023):

• Physics: Pierre Agostini (France), Ferenc Krausz (Hungary), Anne L’Huillier (France)
• Chemistry: Moungi Bawendi (American), Louis Brus (American), Aleksey Yekimov (Russian)
• Physiology or Medicine: Katalin Karikó (American), Drew Weissman (American)
• Literature: Jon Fosse (Norway)
• Economics: Claudia Goldin (American)
• Peace: Narges Mohammadi (Iran)

About the Nobel Prize:

• Foundation: The Nobel Prize was established by Alfred Nobel, who passed away on 10th December 1896. His fortune was used to create the Nobel Foundation, which began awarding prizes in 1901.
• Categories: The prizes are awarded in Physics, Chemistry, Physiology or Medicine, Literature, Peace, and Economics (since 1969).
• Prize Money: Winners receive a cash award of 11 million Swedish kroner. If multiple recipients share a prize, the money is divided among them.

BBC’s 100 Most Inspiring and Influential Women List 2024

On December 2024, London (the United Kingdom (UK))-based British Broadcasting Corporation (BBC) released the 12th edition of BBC’s 100 Most Inspiring and Influential Women List 2024. This latest edition of the list has featured 3 Indian women: former civil servant and renowned social activist Aruna Roy; three-time Olympian-turned-politician Vinesh Phogat, and performer of funerary rites, Pooja Sharma, for their exceptional contributions to social activism, sports and breaking societal barriers.

Theme: Resilience

The 12th edition of the BBC’s 100 Most Inspiring and Influential Women List highlights women from around the globe for their exceptional contributions across various fields.

Indian Women Featured

• Aruna Roy: Former civil servant and renowned social activist.
• Vinesh Phogat: Three-time Olympian-turned-politician, celebrated for her achievements in sports and leadership.
• Performer of funerary rites, recognized for breaking societal barriers.

Indian-Origin Women Featured

Sunita Williams: NASA Astronaut and a symbol of inspiration in space exploration.

Sneha Revanur: A 20-year-old Artificial Intelligence (AI) expert and innovator.

About BBC

• Chairman: Samir Shah
• Headquarters: London, United Kingdom (UK)
• Established: 1922

Indira Gandhi Prize for Peace, Disarmament, and Development 2024

On December, 2024, the Indira Gandhi Memorial Trust announced that Former President of Chile, Veronica Michelle Bachelet Jeria will be conferred the Indira Gandhi Prize for Peace, Disarmament and Development for 2024 in recognition of her exemplary contributions to human rights, peace, and equality.

Reason for Recognition: For her exemplary contributions to human rights, peace, and equality.

Award Details

• Monetary Award: Rs 25 lakh
• Additional: Citation

About Chile

• President: Gabriel Boric
• Capital: Santiago
• Currency: Chilean Peso (CLP)

Science and tech news

Iran Successfully Launches Saman-1 Space Tug and Other Payloads into Low Earth Orbit

On December , 2024, Iran successfully launched its Saman-1 Orbital Transfer Unit (OTU), Fakhr-1 nanosatellite, and an additional research payload into Low Earth Orbit (LEO).

• Launch Vehicle: The payloads were carried by Iran’s domestically developed Simorgh Satellite Launch Vehicle (SLV), marking its 8th successful launch.
• Launch Site: The mission took place from the Imam Khomeini Space Launch Terminal in Semnan province, Tehran.
• Payload Capacity: The launch set a new national record, lifting a combined payload weight of 300 kg, showcasing Simorgh’s capability to handle complex, multi-payload missions.

About Iran

• President: Masoud Pezeshkian
• Capital: Tehran
• Currency: Iranian Rial (IRR)

Sports news

Dommaraju Gukesh: Youngest Chess World Champion at 18

Dommaraju Gukesh’s rise to becoming the youngest chess world champion is a story of relentless ambition, focus, and resilience. At the age of 18, Gukesh defeated reigning champion Ding Liren in a grueling three-week-long contest in Singapore, surpassing Garry Kasparov’s record as the youngest chess world champion in history. His journey from a young boy declaring his ambition to this historic feat showcases extraordinary dedication and talent.

Key Highlights of the FIDE World Chess Championship 2024

• Champion: D Gukesh of India, crowned the youngest chess world champion at the age of 18.
• Defending Champion: Ding Liren of China, the 2023 champion.
• Venue: Singapore
• Format: 14-round “classical” chess event, with a prize fund of $2.5 million.
• Final Score: Gukesh – 7.5, Ding – 6.5.
• Decisive Game: Gukesh secured the title by winning the 14th game, after Ding’s critical blunder while playing black.

Early Ambition and Rise to Fame

• At the age of 11, Gukesh declared his ambition to become the youngest chess world champion, a now-viral moment.
• Gukesh missed the world’s youngest grandmaster title by just 17 days but went on to become India’s youngest grandmaster.
• He replaced Viswanathan Anand as the top-ranked Indian player after 36 years.

Historical Significance

• Gukesh joins an illustrious list of 18 world champions since 1886, including legends like Bobby Fischer, Garry Kasparov, and Viswanathan Anand.
• He is the first teenager to become a chess world champion.