NATIONAL UPDATES:
1. FASTags mandatory for all
four-wheelers from January 1, 2021: The
Ministry of Road Transport and Highways (MoRTH) has issued a notification that
FASTags will become mandatory for all four-wheelers, including old vehicles,
from January 1, 2021. For this government has made an amendment in FORM 51
(certificate of Insurance), wherein the details of FASTag ID shall be captured.
This shall be applicable w.e.f. April 1, 2021. Government has amended the
Central Motor Vehicles Rules, 1989 to make FASTag mandatory for registration of
new four-wheeled vehicles, including for those sold before December 1, 2017.
About
FASTags: FASTag would be supplied by the vehicle manufacturers or their dealers
during registration. Apart from this, a valid FASTag will also be mandatory
while getting new third party insurance. The initiative aims to promote
electronic toll collection and ensure that payment of fees is done at toll
plazas through the electronic means only so that the vehicles pass seamlessly
through the toll plazas.
Note:
Minister of Road Transport and Highways:
Nitin Jairam Gadkari.
2. Pakke Tiger Reserve provides
Covid-19 Insurance to Green Soldiers: Pakke
Tiger Reserve (PTR) in Arunachal Pradesh has become the first in the
eight-State northeast to provide insurance cover against Covid-19 for “green
soldiers”. Eight-State northeast includes Arunachal Pradesh, Assam, Manipur,
Meghalaya, Mizoram, Nagaland, Sikkim and Tripura. 57 frontline staff (referred
to as green soldiers) of the Park have been insured for nine months against
health issues due to the infection by the Covid-19. The forest guards are
rightly the green soldiers in the frontline of India’s wildlife, and the onus
of wildlife conservation pretty much falls on them.
About
the Insurance: The Wildlife Trust of India (WTI), an NGO, paid the insurance
amount with support from Foundation Serge. The NGO has been supporting India’s
frontline forest staff with accident cover for the last 20 years. The insurance
coverage is of Rs. 1 lakh each but a few who would be retiring soon has been
insured for Rs. 50,000.
About
Pakke Tiger Reserve: Pakke Tiger Reserve (declared in 1999-2000) lies in the
foothills of the eastern Himalaya in the East Kameng district of Arunachal
Pradesh and is also known as Pakhui Tiger Reserve. It falls within the Eastern
Himalaya Biodiversity Hotspot. It is home to over 2000 species of plants, 300
species of birds, 40 species of mammals, etc. Many species of the flora and
fauna are globally threatened, and PTR is one of the last remaining strongholds
left for these species. It is known for its amazing sightings of four resident
hornbill species.
Note:
Chief Minister of Arunachal Pradesh: Pema Khandu; Governor: B.D. Mishra.
3. Kerala launches “Parivarthanam”
scheme for better livelihood of fisherfolk: The
government of Kerala has launched a pioneering eco-sustainable programme called
‘Parivarthanam’, to improve the livelihood of the fishing community. The scheme
aims at improving the livelihood skills of youngsters along the coastline and
also enable socio-economic uplift of the fishermen community.
About
“Parivarthanam” scheme: Parivarthanam, which means change, will be headed by
Kerala State Coastal Area Development Corporation (KSCADC). The scheme will
promote the processing and marketing of clean fish and its fresh products.
Parivarthanam will also guarantee a fixed price to fish-catchers as fair
compensation. It would also provide jobs to college dropouts and migrant
workforce returning home due to Covid-19. Apart from this, the Central
Institute of Fisheries Technology (CIFT) of Union governments will monitor the
procurement and processing of fish besides ensuring its quality.
Note:
Chief Minister of Kerala: Pinarayi Vijayan; Governor: Arif Mohammad Khan.
4. Ex-SPG officer pens novel
“Rasaathi” on transgenders: Ex-SPG
officer, Sasindran Kallinkeel’s has penned a novel named “Rasaathi: The Other
Side of a Transgender”. The main character in the novel, published by
BookMitra, is a transgender named Rasaathi born in a well-to-do family in South
India. Rasaathi, meaning princess, is in the late 40s who wants people to treat
transgenders like human beings by showering love, affection, sympathy and
recognise their pathetic and horrible life.
About
Sasindran Kallinkeel: Sasindran Kallinkeel was with the Central Reserve Police
for 23 years and had a seven-year stint with the Special Protection Group
(Prime Minister’s Security) as a senior security officer when Atal Bihari
Vajpayee and Manmohan Singh were in office.
5. NGT bans sale and use of
firecrackers in Delhi-NCR: The National
Green Tribunal (NGT) has imposed a total ban on the sale and use of
firecrackers in the Delhi-NCR region from 9 November to 30 November. The ban
will be applicable in cities and towns where the air quality is in the “poor”
category. NGT further added that in cities or towns where the air quality is
“moderate” or below, only green firecrackers will be sold and the time duration
of bursting them will be restricted to two hours during festivals such as
Diwali, Chhath, New Year/Christmas Eve as may be specified by the state.
Currently, the state governments have their own set of guidelines with regard
to permitting/banning the sale and use of firecrackers during the festive
season.
Note:
Chairman of NGT: Adarsh Kumar Goel; NGT Headquarters: New Delhi.
INTERNATIONAL UPDATES:
1. AIM and Sirius jointly launch
‘AIM-Sirius Innovation Programme 3.0’: The
Atal Innovation Mission (AIM), a flagship initiative by the NITI Aayog, and
Russia’s Sirius (Scientific International Research In Unique Terrestrial
Station) have jointly launched ‘AIM–Sirius Innovation Programme 3.0’.
AIM–Sirius Innovation Programme 3.0 is a 14-day virtual programme for Indian and
Russian schoolchildren.
About
‘AIM-Sirius Innovation Programme 3.0’: It is the first Indo-Russian bilateral
youth innovation initiative, which seeks to develop technological solutions,
both web-based and mobile-based, for the two countries. During the event,
around 48 students and 16 educators and mentors will create 8 virtual products
and mobile applications to address global challenges across a wide range of
areas, in the wake of the covid-19 pandemic. These areas include culture,
distance education, applied cognitive science, health and well-being, sports,
fitness, and games training, chemistry, artificial intelligence, and digital
financial assets.
2. 30 Indian cities likely to face
acute water risks by 2050: WWF:
About 30 Indian cities will face increasing “water risks” in the next few
decades according to a new report released by World Wide Fund for Nature (WWF).
According to the scenarios in the WWF Water Risk Filter report, nearly 30
Indian cities, including Jaipur, Indore, Amritsar, Pune, Srinagar, Kolkata,
Bengaluru, Mumbai, Kozhikode and Visakhapatnam will face acute “water risks.”
Globally, the report estimates that “hundreds of millions of people in cities
across the globe could face dramatically increased water risks.” 100 cities
will witness a massive rise in water risks by 2050. The list also includes
cities such as Beijing, Jakarta, Johannesburg, Istanbul, Hong Kong, Mecca and
Rio de Janeiro.
OTHER UPDATES:
SPORTS
1. Russian Daniil Medvedev wins
Paris Master 2020: Russian, Daniil Medvedev has won
Paris Master 2020 title in tennis when he beat Alexander Zverev 5-7, 6-4, 6-1
in Paris. He became the fourth Russian to capture the Rolex Paris Masters
title. The World No. 5 earned his first service break at 4-4 in the second set
and charged to the title from that point by winning eight of the final nine
games. Medvedev joins countrymen Marat Safin, Nikolay Davydenko and Karen
Khachanov on the Paris honour roll.
2. West Indies Great Michael Holding
Appointed MCC Foundation Patron: Former
West Indies fast bowler, Michael Holding has been appointed as a new patron of
Marylebone Cricket Club (MCC) Foundation. The 66-year-old Holding is a
passionate advocate for equality in cricket and the wider community. The MCC
Foundation is the charitable arm of the Marylebone Cricket Club, custodian of
the game’s laws, and was created with the aim of enhancing lives through
cricket. Last month, actor, mental health advocate and cricket-lover Stephen
Fry had joined the Foundation as a patron. The pair joins the list which
includes Claire Taylor, Mike Brearley, Mike Atherton, Mike Gatting.
Note:
Director of the MCC Foundation: Sarah Fane; MCC FoundationFounded in 1993.
BANKING AND FINANCE
1. SEBI increases Overseas
Investment limits for Mutual Funds: Securities
and Exchange Board of India (SEBI) has enhanced the investment limits for
Mutual Fund companies for overseas investments. Mutual Funds can make overseas
investments subject to a maximum of US $ 600 million per Mutual Fund, within
the overall industry limit of US $ 7 billion. Earlier it was USD 300 million.
Mutual Funds can make investments in overseas Exchange Traded Fund (ETF)
subject to a maximum of US $ 200 million per Mutual Fund, within the overall
industry limit of US $ 1 billion. Earlier it was Rs 50 million.
Note:
Securities and Exchange Board of India Founded: 12 April 1992;Securities and
Exchange Board of India Headquarters: Mumbai; Securities and Exchange Board of
India Agency executive: Ajay Tyagi.
2. RBI to evaluate impact of ‘RBI Kehta
Hai’ campaign: The Reserve Bank of India will
evaluate the impact of multi-media public awareness campaign ‘RBI Kehta Hai’,
which was launched in 14 languages to educate the public about safe banking and
financial practices. As part of the campaign, messages have been launched on
basic savings bank deposit accounts, customer liability in unauthorised
electronic banking transactions, safe digital banking practices, banking
facilities for senior citizens, banking ombudsman scheme, and cybersecurity, among
others.
About
‘RBI Kehta Hai’ campaign: ‘RBI Kehta Hai’ was the first even 360-degree
campaign initiated by the central bank using all mass media, including media
such as television, radio, newspapers, hoardings, web banners, gifs, social
media and SMS. In order to evaluate the impact of the public awareness
campaign, the RBI has invited Expression of Interest (EoI) from eligible
companies and other entities which have successfully completed at least five
similar projects. The RBI had launched the multi-media campaign with a view to
creating awareness among common man about good practices, regulations and
initiatives in banking and financial sector.
Note:
Governor of RBI: Shaktikanta Das; Deputy Governors of RBI: BP Kanungo, MK Jain,
MD Patra and Rajeshwar Rao; Headquarters: Mumbai, Maharashtra.
BUSINESS AND ECONOMY
1. Amazon India launches first
all-women virtual customer service in Bengaluru: Building on its diversity, equity and inclusivity efforts,
Amazon India announced the launch of its first all-women Virtual Customer
Service (VCS) site in Bengaluru with 60 women. Through this all-women VCS site,
the company has extended flexible career opportunities for women across the
city, empowering them to pursue their careers from their homes. This site will
enable Amazon India to reach out to a broader talent pool of women who prefer
to work from home, as it seeks to bring greater diversity across its teams.
2. Vodafone Idea appoints Jagbir
Singh as CTO: Vodafone Idea Ltd (VIL), the
telecom operator providing services under the brand ‘Vi’, has appointed Jagbir
Singh as Chief Technology Officer (CTO). He will be replacing Vishant Vora, who
quit in October citing personal reasons. Previously, Jagbir was Group CTO at
Smartfren Telecom, Indonesia, and is responsible for network, IT and digital
platforms and enterprise business.
AWARDS AND HONOURS
1. Vidya Balan’s short film
‘Natkhat’ eligible for Oscar nomination:
The Indian film ‘Natkhat’, starring and co-produced by Vidya Balan, has won the
top prize at the third edition of Best of India Short Film Festival 2020. By
winning the festival, the film has become eligible for 2021 Oscar
qualification. The film has been directed by Shaan Vyas and co-produced by
Ronnie Screwvala and Vidya Balan. The film also won cash prize money of $2,500
(approximately Rs 1,85,497) and an opportunity for a television broadcast deal
on ShortsTV. The Best of India Festival has been established by ShortsTV since
2018 to honour and recognize the exceptional work of the Indian (India)
filmmaker.
2. Malayalam author S Hareesh wins the JCB Prize for Literature: Malayalam author, S Hareesh has won the JCB Prize for Literature 2020 for his novel Moustache. It has been translated into English by Jayasree Kalathil & published by HarperCollins India. The JCB Prize for Literature is regarded as the richest literary prize in India. As per the norm, the Malayalam author will receive a Rs 25 lakh cash prize and the translator will receive an additional Rs 10 lakh.
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