NATIONAL
UPDATES:
1.Odisha govt announces Rs 10,000 crore scheme
for development of farmers : Odisha state cabinet chaired by the Chief Minister Naveen Patnaik,
has approved the Krushak Assistance for Livelihood and Income Augmentation (KALIA)
scheme, worth over Rs 10,000 crore, for the development of farmers in the
state. An amount of Rs 10,000 per family at the rate of Rs 5,000 each for
Kharif and Rabi seasons shall be provided as financial assistance for taking up
cultivation The KALIA will further accelerate agricultural prosperity in the
state and reduce poverty.
2.Defence Minister Nirmala Sitharaman launches
IFC-IOR at IMAC in Gurugram :The Union Defence Minister Nirmala Sitharaman has launched the
Information Fusion Centre - Indian Ocean Region (IFC-IOR) at the
Information Management and Analysis Centre (IMAC) in Gurugram. The objective of
having an IFC-IOR is more for partners equals to work towards keeping the
global commons safe and democratically available for all. The IFC-IOR will help
interface and integrate, wherein, the country will benefit from each other’s
best practices and expertise.IFC - IOR shall be a collaborative construct that
will work with partners, countries as well as international agencies to enhance
maritime security and safety.
3.Mamata Banerjee is the Skoch Chief Minister
of the Year : West
Bengal Chief Minister Mamata Banerjee has been awarded the Skoch Chief Minister
of the Year Award 2017 for her contribution in the overall development of the
state and emerging as the best chief minister in the country. West Bengal has
won 31 Skoch Awards this year for its performance in different fields and for
executing unique projects. The state's Kanyashree scheme for the girl child has
earned Banerjee much acclaim and the highest public service honour from the
United Nations
4. National Consumer
Day-24 December : National
Consumer Day is observed in India every year on 24 December.The theme for 2018
National Consumer Day is ‘Timely Disposal of Consumer Complaints’.On this day the
Consumer Protection Act, 1986 had received the assent of the President.The
Consumer Protection Act aims to provide consumers with effective safeguards
against different types of exploitation.
INTERNATIONAL
UPDATES:
1.Gitega named as the new capital of Burundi : Burundi government has declared Gitega as
the country’s new political capital. Previous capital Bujumbura will serve as
the economic capital of the country. Gitega’s population is around 30 000 as
compared to Bujumbura’s 1.2 million. The political system of Burundi is that of
a presidential representative democratic republic. Recently Burundi (156th) was
ranked as the world’s least happy nation in the World Happiness Report 2018.
2.Tsunami kills over 280 in Indonesia : In Indonesia, the death toll from a
volcano-triggered tsunami has risen to 222 and around 800 people injured. The
possible cause of the tsunami was undersea landslides following the eruption of
the Krakatoa volcano.The Prime Minister Narendra Modi expressed sadness to Indonesian
President Joko Widodo at the loss of lives and destruction and offered
condolences to the bereaved families.
OTHER
UPDATES:
BANKING/FINANCE:
1. RBI shortlists Wipro,
TCS, 4 others for PCR : The
Reserve Bank of India (RBI) shortlisted six major IT companies to set up a
digital Public Credit Registry (PCR) The IT companies are TCS, Wipro, IBM
India, Capgemini Technology Services India, Dun & Bradstreet Information
Services India, and Mindtree Ltd.PCR will be capturing details of all
borrowers and wilful defaulters. It will strengthen the credit culture in the
economy.
SPORTS :
1.India's Vedangi Kulkarni becomes fastest Asian to
cycle the globe : Indian
woman Vedangi Kulkarni (20-year) has become the fastest Asian to
cycle the globe. Vedangi cycled into Kolkata in the wee hours, completing the
29,000 kilometres' distance required to qualify as bicycling across the globe. She
spent 159 days peddling up to 300 kilometres a day in 14 countries. Now, She
will be flying back to the Australian city to complete the record by cycling a
15-kilometre distance to reach the same place from where she started.
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