NATIONAL
UPDATES:
1.Krishnamurthy Subramanian Appointed Chief
Economic Adviser : The
Union government has appointed Dr Krishnamurthy Subramanian as the Chief Economic Adviser for three years.He is
currently working as an Associate Professor at the Indian School of Business, Hyderabad.Mr Subramanian
has a PhD from Chicago-Booth and
IIT-IIM alumnus, is one of the world’s leading experts in banking, corporate
governance and economic policy. In June 2018, Arvind
Subramanian (Chief Economic Advisor of India) had resigned from the post.
2.Ministry of Shipping approves the development
of freight village in Varanasi : Ministry of Shipping has approved the development of a
freight village in Varanasi adjoining the
Inland Waterways Terminal on River Ganga.It will be developed at a cost 156
crore rupees, serve as a cargo hub and a
centre for aggregation.It will also provide support to stimulate the
development of aprofessional logistics industry in
Varanasi.
3. Kolkata-Patna becomes India’s 2nd container cargo sector on inland
waterways : India’s new Inland
Water Transport (IWT) Kolkata-Patna, an origin-destination
pair for containerised cargo movement on the National Waterway-1.Patna will be
witness to a new landmark in India’s IWT sector.The Ministry of Shipping is developing
NW-1 (River Ganga) under Jal Marg Vikas Project (JMVP) from Haldia to Varanasi
(1390 Km) with the technical and financial assistance of the World Bank at an
estimated cost of Rs 5369 crore.
INTERNATIONAL
UPDATES:
1.FAO Council approves
2023 as International Year of Millets : According to Agriculture Minister Radha Mohan Singh, Food and Agriculture Organisation (FAO)
Council have approved India’s proposal to observe an International Year of
Millets in 2023.The 160th session of the FAO Council, currently underway in
Rome approved the proposal.This will enhance global awareness to bring back
these nutri-cereals to the plate.Millets consist of Jowar, Bajra, Ragi and
minor millets together termed as nutri-cereals.
2. Japan govt enacts a new law to accept
foreign workers : Japanese government passed a new law to bring more
blue-collar foreign workers into the country to address chronic labour
shortages (from April 2019).The government plans to start the new scheme from
April next year.Under the law, Japan plans to bring in 3 lakh 45 thousand
foreign workers in construction, food services, nursing and other sectors for
five years.
3. China launches the 1st mission to land
on the far side of the moon : A Long March 3B rocket launches China’s first-ever spacecraft
Chang'e 4 lunar probe from the Xichang Satellite Launch Center.The probe is
expected to make the first-ever soft landing on the far side of the moon in
early January 2019.The Chang’e-4 mission will see a static lander and rover
touch down in Von Kármán crater, located on the side of the Moon which never
faces Earth.
OTHER
UPDATES:
SCIENCE AND TECHNOLOGY:
1. NASA's InSight lander 'hears' Martian winds : NASA's InSight lander has provided the first-ever ‘sounds’ of Martian wind on the Red Planet.According
to NASA, InSight sensors captured a haunting low rumble caused by vibrations
from the wind, estimated to be blowing between 10 to 15 miles per hour on 1st December.Two
very sensitive sensors on the spacecraft detected these wind
vibrations. The seismometer recorded lander vibrations caused by the wind
moving over the spacecraft's solar panels.
SPORTS :
1. Italy wins Admiral’s cup Sailing
Regatta 2018 : Italy won the Admiral’s Cup Sailing Regatta 2018 (ninth
edition) at Indian Naval Academy (INA), Ezhimala. Team Singapore was the
Runners-Up and Team USA came third. The host country team (Indian Naval
Academy) finished fourth in the overall position of Admiral’s Cup 2018.
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