NATIONAL UPDATES:
1. PM Modi launched ‘Bima Sakhi Yojana’ for women: Prime Minister Narendra Modi has launched ‘Bima Sakhi Yojana’ in Panipat to promote financial literacy and insurance awareness among women.This initiative of Life Insurance Corporation of India (LIC) is designed to empower women aged 18-70 years, who are Class X pass. They will receive specialized training and a stipend for the first three years to promote financial literacy and insurance awareness.After training, they can serve as LIC agents and the graduate Bima Sakhis would have the opportunity to qualify for being considered for Development Officer roles in LIC.Additionally, PM Modi also laid the foundation stone of the Main campus of Maharana Pratap Horticultural University, Karnal. The main campus and six regional research stations, spread over 495 acres, will be established at a cost of over Rs 700 crore.
2. Union Minister Jitin Prasada inaugurated Fourth Edition of India Internet Governance Forum: The India Internet Governance Forum (IIGF) 2024 was held at the Bharat Mandapam Convention Center, Pragati Maidan, New Delhi.Supported by the Ministry of Electronics and Information Technology (MeitY) and the National Internet Exchange of India (NIXI), this initiative by India’s multi-stakeholder community aims to explore critical aspects of Internet governance, foster meaningful dialogue, and highlight India’s leadership in the global digital landscape.The event was inaugurated by the Union Minister of State for Electronics & Information Technology and Commerce and Industry, Jitin Prasada, in the presence of S. Krishnan, Secretary, MeitY.
3. Centre to launch ‘Prashasan Gaon Ki Ore’ campaign for improving service delivery: The Centre will launch “Prashasan Gaon Ki Ore”, a nation-wide campaign to redress public grievances and improve service delivery, during the good governance week from December 19 to 24.In this campaign, over 700 district collectors will be participating and officials will be visiting tehsils and panchayat samiti headquarters.Prashasan Gaon Ki Ore is a decentralised version of special campaign 4.0 conducted in central ministries and departments and public sector undertakings (PSUs) from October 2 to 31, 2024.This is the third time that the government of India will be conducting a national campaign at the tehsil level to address public grievances and improve service delivery, the personnel ministry statement said.The preparatory phase of the good governance week 2024 will start from December 11-18.
4. Dharmendra Pradhan launches PMeVIDYA DTH 24×7 Channel No. 31 for Indian Sign Language: Union Minister for Education Dharmendra Pradhan has launched the PMeVIDYA DTH 24×7 Channel No. 31 for Indian Sign Language (ISL) in New Delhi.This move aligns with the objectives of the National Education Policy (NEP) 2020 and is set to transform the educational experience for hearing-impaired students across the country.The establishment of a dedicated PM e-VIDYA DTH Channel for ISL reflects the government’s commitment to addressing the educational needs of children with hearing impairments.The PM e-VIDYA ISL channel aims to make ISL more widely recognised and accepted, not only as a communication tool but as a subject of study akin to other languages such as Hindi and English.
5. Govt appoints Vaibhav Chaturvedi as RBI representative on IBBI board: The government has appointed Vaibhav Chaturvedi as the ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI).Currently, Chaturvedi is the Chief General Manager of the Reserve Bank of India (RBI).As the Reserve Bank of India’s (RBI’s) representative, Chaturvedi will contribute to the IBBI’s efforts in ensuring a smooth and transparent resolution process under the Code, which aims to resolve stressed assets and enhance credit discipline in the financial sector.IBBI, established in 2016, under the Insolvency and Bankruptcy Code, 2016, is responsible for the implementation of the code. The board plays a critical role in promoting transparency and accountability in the insolvency resolution process.
6. 6 December – Mahaparinirvan Diwas: Mahaparinirvan Diwas is observed annually on December 6, marks the death anniversary of Dr. Bhimrao Ramji Ambedkar, the architect of modern India and a tireless advocate for social justice.Ambedkar, a principal architect of the Indian Constitution and a pioneer in the fight against caste-based discrimination, passed away in 1956. This year, the 69th Mahaparinirvan Diwas commemorated at Prerna Sthal in the Parliament House Complex.Ambedkar’s contributions to Indian society are celebrated for his unwavering commitment to social equality and justice. Born on April 14, 1891, in Mhow, Madhya Pradesh, he emerged as a distinguished scholar, lawyer, economist, and a leader for the oppressed.
INTERNATIONAL UPDATES:
1. Wipro and SIAM.AI tie up to develop AI-powered assistant ‘Sukjai’ for Thailand’s tourism authority: Wipro has collaborated with SIAM.AI, a member of the NVIDIA Cloud Partner program in Thailand.The companies will leverage NVIDIA computing and software to develop an AI-powered digital assistant for the Tourism Authority of Thailand. This collaboration will utilise infrastructure, data, and networks within the country.‘Sukjai’ will also provide 24/7 support and information on transportation guidelines and schedules, destinations and lodging availability, recommended activities based on interest, and crowd flow information at top attractions. It will offer customised recommendations based on individual preferences and include information on emergency services and safety and security alerts.
2. India and Norway forge deeper economic partnerships, tackling business collaboration challenges: The India-Norway Business Forum was held in Mumbai organized by the Confederation of Indian Industry (CII) in collaboration with the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India.The forum brought together policymakers, industry leaders, and stakeholders to discuss avenues for deepening India-Norway trade and investment ties across priority sectors.The forum featured a presentation of the Business Climate Survey by Innovation Norway, which outlined the growing confidence of Norwegian companies in India.Many companies expressed satisfaction with India’s improving business environment and reaffirmed their commitment to expanding operations in the country.The forum also provided a platform for constructive dialogue between Indian and Norwegian industries, offering opportunities to explore synergies and shared challenges across sectors such as, energy, maritime, and sustainability.
3. Burkina Faso Junta Chief appoints new PM after Dissolving Government: Captain Ibrahim Traore, the junta leader in Burkina Faso has appointed Rimtalba Jean Emmanuel Ouedraogo as the country’s new prime minister, a day after dissolving the government.Ouedraogo, a journalist and former communications minister, replaces Apollinaire Joachim Kyelem de Tambela, who had led three military-appointed governments since Traore’s rise to power in September 2022.Ouedraogo, a close ally of Traore, has served as editor-in-chief and director of state television and was the government’s spokesperson after Traore’s coup.
4. UNGA declares December 21 as World Meditation Day: India co-sponsored a UN General Assembly draft resolution that was unanimously adopted to proclaim December 21 as World Meditation Day.India, including Liechtenstein, Sri Lanka, Nepal, Mexico and Andorra, was a member of the core group of countries that guided the unanimous adoption of the resolution titled ‘World Meditation Day’ in the 193-member UN General Assembly.The resolution, introduced by Liechtenstein, was also cosponsored by Bangladesh, Bulgaria, Burundi, the Dominican Republic, Iceland, Luxembourg, Mauritius, Monaco, Mongolia, Morocco, Portugal and Slovenia.
5. 9 December – International Anti-Corruption Day: International Anti-Corruption Day is observed annually on 9 December to raise awareness about corruption and promote measures to combat it.Theme 2024 – Uniting with Youth Against Corruption: Shaping Tomorrow’s Integrity
Established by the United Nations, the day highlights the role of governments, organizations, and individuals in eradicating corruption to foster accountability, transparency, and sustainable development worldwide.
OTHER UPDATES:
DEFENCE
1. Western Air Command Commanders’ Conference 2024: Enhancing Readiness and Operational Excellence: The Western Air Command’s (WAC) two-day Commanders’ Conference, held in New Delhi, featured Air Chief Marshal AP Singh, Chief of the Air Staff (CAS), as the chief guest, who was received with a ceremonial Guard of Honour.The CAS emphasized the need for focused training to ensure readiness for multi-domain warfare, aligning with the theme “Bharatiya Vayu Sena – Sashakt, Saksham, Atmanirbhar” and urged collective efforts to advance the Indian Air Force (IAF).Discussions included enhancing operational capability through better training and planning, early operationalization of new equipment, ensuring safety and security, and empowering leadership to build a future-ready force.The CAS commended WAC for their prompt humanitarian assistance and disaster relief (HADR) responses domestically and internationally, maintaining high operational excellence, and upholding IAF’s core values of “Mission, Integrity, and Excellence.”
2. 7 December – Armed Forces Flag Day or Flag Day: Armed Forces Flag Day or Flag Day is celebrated every year on 7 December.The day is commemorated to honour the soldiers and the bravehearts, who lost their lives in the line of duty. Since December 7, 1949, this day has been observed to pay respect to the military forces. The Armed Forces Flag Day is also dedicated to raising funds from Indian citizens for the welfare of Indian Armed Forces troops.The Defence Minister’s committee created the Armed Forces Flag Day Fund in 1949. In 1993, the Indian Defense Ministry merged all related welfare funds, including those for war victims, the Kendriya Sainik Board Fund, the ex-servicemen’s welfare fund, and other units, into a unified Armed Forces Flag Day fund.
SPORTS
1. Former Assam Cricketer Devajit Saikia appointed as BCCI’s acting Secretary after Jay Shah: Former Assam cricketer Devajit Saikia has been named as the acting secretary of the Board of Control for Cricket in India (BCCI).He will replace BCCI president Jay Shah who recently took over the reigns as ICC chairman.Board president Roger Binny used his constitutional powers for the appointment. Saikia worked as a joint secretary at BCCI earlier.
BANKING AND FINANCE
1. Insolvency and Bankruptcy Board of India in association with INSOL India organizes International Conclave 2024: The Insolvency and Bankruptcy Board of India (IBBI) in association with INSOL India organized an International Conclave focusing on “Insolvency Resolution: Evolution & Global Perspective”.The event brought together distinguished experts and practitioners from across jurisdictions to share insights and experiences in insolvency resolution.
The Conclave included three panel discussions. The first Panel Discussion was on the theme “Issues, Recent Developments & New Trends in Restructuring & Insolvency Across Jurisdictions”. The session was chaired by Mr. Sumant Batra, President of the Insolvency Law Academy.The second Panel Discussion was on the theme “Judgment Enforcement, Asset Recovery and Personal Guarantees”.
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