NATIONAL UPDATES:
1. India signs the Final Act of the Riyadh Design Law Treaty: India has signed the final act of the Riyadh Design Law Treaty (DLT), reaffirming its commitment to fostering inclusive growth and ensuring equitable access to intellectual property protection.The DLT seeks to harmonise the procedural frameworks for industrial design protection, improving the efficiency and accessibility of registration processes across multiple jurisdictions.After nearly two decades of negotiations, the member states of the World Intellectual Property Organisation (WIPO) adopted the landmark Design Law Treaty during a diplomatic conference in Riyadh.According to the WIPO, the current draft text with the working title Design Law Treaty would make it significantly easier for designers, especially smaller-scale designers and micro, small, and medium-sized enterprises (SMEs), to register their work.
2. Centre approves ₹1,115 crore to states for disaster mitigation, capacity-building projects: A high-level committee, headed by Union Home Minister Amit Shah, has approved ₹1,000 crore for various disaster mitigation and capacity-building projects in 15 states.The committee also approved another project for training and capacity building of civil defence volunteers in all States and Union territories at a total outlay of ₹115.67 crore.A sum of ₹139 crore each was approved for Uttarakhand and Himachal Pradesh, ₹100 crore for Maharashtra, ₹72 crore each for Karnataka and Kerala, ₹50 crore each for Tamil Nadu and West Bengal, and ₹378 crore for the eight Northeastern states — Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura.The committee, comprising Union ministers for finance and agriculture and the vice chairman of the NITI Aayog as members, considered the proposal to mitigate landslide risk in 15 states for funding from the National Disaster Mitigation Fund (NDMF).
3. Cabinet approves continuation of the Atal Innovation Mission: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the continuation of its flagship initiative, the Atal Innovation Mission (AIM), under the aegis of NITI Aayog, with an enhanced scope of work and an allocated budget of Rs.2,750 crore for the period till March 31, 2028.AIM 2.0 is a step towards Viksit Bharat that aims to expand, strengthen, and deepen India’s already vibrant innovation and entrepreneurship ecosystem.The approval underscores the government’s commitment to fostering a robust innovation and entrepreneurship ecosystem in India. With India at rank 39 on the Global Innovation Index and home to the world’s third-largest start-up ecosystem, the next phase of Atal Innovation Mission (AIM 2.0) is expected to further enhance India’s global competitiveness.
4. Cabinet approves One Nation One Subscription (ONOS): The Union Cabinet has approved the ‘One Nation One Subscription’ (ONOS) initiative for centralised access to research articles and journal publications for government higher education institutions and research and development (R&D) laboratories of the central government.The central government has allocated ₹6,000 crore for ONOS until 2027. All higher education institutions under central or State governments and R&D institutions of central government can avail the benefits of the initiative through a national subscription.
5. NABL under QCI signs MoU with CREDAI to enhance quality assurance for temporary site testing laboratories: The National Accreditation Board for Testing and Calibration Laboratories (NABL), a constituent board of the Quality Council of India (QCI), signed a Memorandum of Understanding (MoU) with the Confederation of Real Estate Developers’ Associations of India (CREDAI) during CREDAI’s Silver Jubilee celebration on November 25, 2024, in New Delhi.The aim of this MoU is to enhance the quality and reliability of temporary site testing laboratories in civil engineering projects.By implementing NABL’s recognition scheme, this collaboration seeks to ensure that materials used in construction are tested accurately on-site, fostering trust in their quality. This initiative will contribute to the overall improvement of construction standards, ensuring safer and more durable structures across Indiaz
6. Indian Constitution in Sanskrit and Maithili language launched: President Droupadi Murmu unveiled the Indian constitution’s translation in Sanskrit and Maithili language in New Delhi on 26 November 2024 on the occasion of the Samvidhan Diwas.Maithili is mainly spoken in Bihar, Jharkhand, and Nepal.The government of India has undertaken a project to translate the Indian constitution into all 22 scheduled languages mentioned in the 8th Schedule of the Constitution.
This year marks 75 years of the enactment of the Indian constitution. The Constituent Assembly of India adopted the Indian constitution on 26 November 1949, which was promulgated on 26 January 1950.
7. 26 November – Samvidhan Diwas: Constitution Day, also known as Samvidhan Divas, is celebrated every year on November 26. This day marks the adoption of the Indian Constitution in 1949 by the Constituent Assembly of India.The Constitution finally took effect on January 26, 1950, when India became a republic.The Government of India’s Ministry of Social Justice and Empowerment declared November 26 Constitution Day in 2015, the year that marked the 125th birth anniversary of Dr BR Ambedkar, the chairman of the Drafting Committee of the Constitution. Previously, the day was celebrated as Law Day.The Constitution established India as a sovereign, socialist, secular, and democratic republic, guaranteeing its citizens justice, liberty, equality, and fraternity. Thus, the day underscores the importance of national unity, fostering unity in justice, liberty, equality, and fraternity.
INTERNATIONAL UPDATES:
1. 3rd India-Tanzania Joint Defence Cooperation Committee meeting held in Goa: The third edition of the Joint Defence Cooperation Committee (JDCC) meeting between India and Tanzania took place in Goa.During the meeting, the two sides discussed a wide range of areas of cooperation, including growing training partnerships and service-to-service, maritime & defence industry collaboration.The Indian delegation, led by Joint Secretary Shri Amitabh Prasad, included senior officials from the Ministry of Defence and the Armed Forces. The High Commissioner of India to Tanzania Shri Bishwadip Dey also attended the meeting. The Tanzanian delegation was led by Land Forces Commander Maj Gen Fadhil Omary Nondo.The Tanzanian delegation will visit Goa Shipyard Ltd to get first-hand experience of India’s capabilities in port development and shipbuilding. The delegation is also scheduled to visit INS Hansa and the National Institute of Hydrography in Goa.
2. DPIIT signs MoU for two years with WinZO to support over 2,000 interactive entertainment startups: The Department for Promotion of Industry and Internal Trade (DPIIT) signed an MoU with WinZO, India’s largest social gaming and interactive entertainment platform.This first-of-its-kind collaboration will focus on building a robust ecosystem of over 2,000 startups, innovators, and students, providing them with mentorship, industry insights, and access to global opportunities.The MoU spanning over two years also aims to accelerate the growth of India’s interactive entertainment sector by fostering innovation, creating skilled talent, and scaling startups to compete on a global stage.The MoU will expand WinZO’s flagship Tech Triumph Program (Bharat Edition), a platform for identifying and mentoring India’s top game developers. This program has already showcased India’s gaming talent at global forums such as the Game Developers Conference (GDC) and Gamescom LATAM, and will now scale its impact through DPIIT’s support.
3. Yamandu Orsi elected the new President of Uruguay: A teacher of history, folk dancer and former mayor, the 57-year-old Yamandu Orsi has been elected as the new President ofYamandu Orsi secured 49.8 per cent of the votes, compared to Alvaro Delgado of the centre-right National Party, who secured 45.9 per cent votes.Yamandu Orsi will succeed the current President, Luis Lacalle Pou, in March 2025.The Uruguayan President is elected for a term of five years and is not eligible for immediate reelection. It was due to this reason the incumbent, President Luis Lacalle Pou, did not contest the election.
4. 26 November – World Sustainable Transport Day: World Sustainable Transport Day is observed annually on November 26th, recognises the important role of safe, affordable, accessible and sustainable transport systems for all in supporting sustainable economic growth, improving the social welfare of people and enhancing international cooperation and trade among countries, the General Assembly decided, in its resolution A/RES/77/286 of May 2023 to declare 26 November as World Sustainable Transport Day.Sustainable transport — with its objectives of universal access, enhanced safety, reduced environmental and climate impact, improved resilience, and greater efficiency — is central to sustainable development.
OTHER UPDATES:
SPORTS
1. Bihar’s Suryavanshi becomes youngest IPL player at just 13: Bihar youngster Vaibhav Suryavanshi, a left-hand top-order batter, has become the youngest player to earn an IPL deal, worth INR 1.10 crore (US$0.13 million approx.), from Rajasthan Royals (RR).Suryavanshi, all of 13 years and 243 days on the day he got his maiden IPL contract, has already played for India Under-19 and scored a century opening the batting against Australia Under-19 in a four-day game in Chennai less than two months ago.Bids for Suryavanshi started at his base price of INR 30 lakh and RR and Delhi Capitals (DC) were soon involved in the bidding battle, which eventually went RR’s way.Suryavanshi also has a triple-century to his name – an unbeaten 332 – in an U-19 tournament in Bihar, the Randhir Verma Tournament. He idolises Brian Lara and consults former India opener Wasim Jaffer about his game from time to time – they had first met during an U-19 white-ball tournament in Bangladesh in November 2023.
BANKING AND FINANCE
1. Liberty General Insurance Join Hands with Profectus Capital to Empower MSMEs: Liberty General Insurance, a prominent player in India’s insurance sector, has joined hands with Profectus Capital to provide tailored insurance solutions to Micro, Small, and Medium Enterprises (MSMEs).This collaboration aims to provide financial security to MSMEs, enabling them to focus on growth and sustainability without the looming threat of unforeseen risks.The collaboration aims to embed insurance awareness within the financial ecosystem, enabling businesses to protect their operations, employees, and families. By catering to risk management requirements, Liberty General Insurance and Profectus Capital strive to build resilience and ensure continuity for MSMEs, empowering them to face challenges with confidence.
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