NATIONAL UPDATES:
1.
Govt laid foundation stone for Maa Umiya Dham Development Project in Gujarat: Union Home Minister
Amit Shah has laid the foundation stone of Umiya Mata Dham temple and temple
premises under Maa Umiya Dham Development Project at Umiya Campus in Sola in
Ahmedabad, Gujarat. They will be developed at a cost of Rs 1,500 crore on
74,000 square yards of land. Prime Minister Narendra Modi has virtually
attended and addressed the foundation stone laying of the project. He stated
the Project as an example of the notion of ‘SabkaPrayas’ (Efforts of everyone).
About the Umiya Mata Temple: Umiya Mata Temple
is the Temple of Goddess Umiya, who is worshipped as the clan-deity or kuldevi
of Kadava Patidars. The temple is located in the centre of Unjha in the Mehsana
district of Gujarat. It celebrated its silver jubilee in November 2009. Apart
from Temple, a trust running the main temple in Unjha will also construct a
13-storey complex adjacent to the temple in order to provide training and a
hostel facility to Patidar youths who are preparing for UPSC and GPSC entrance
tests.
Note: Gujarat Capital: Gandhinagar; Gujarat
Governor: Acharya Devvrat; Gujarat Chief Minister: Bhupendrabhai Patel.
2.
Uttarakhand’s Askot Wildlife Sanctuary declared Eco-Sensitive Zone: Ministry of
Environment, Forest and Climate Change (MoEF&CC), an area of 454.65 square
kilometres around the boundary of Askot Wildlife Sanctuary in the Pithoragarh
district of Uttarakhand has been declared as the Askot Wildlife Sanctuary
Eco-sensitive Zone (ESZ). The notified area extends from 0 to 22 km around the
Askot Wildlife Sanctuary. The Askot Wildlife Sanctuary was established to
protect the endangered flagship species Musk Deer and its habitat. The Askot
Wildlife Sanctuary is also known as Musk Deer Park.
Note: Minister of Environment, Forest and
Climate Change: Bhupender Yadav.
3.
UNESCO recognises Kolkata’s Durga Puja as Intangible Cultural Heritage: UNESCO has added
Durga Puja in Kolkata to its 2021 list of Intangible Cultural Heritage, giving
international recognition to the biggest religious festival of the 331-year-old
city and the state of West Bengal. The UNESCO’s announcement was welcomed by
Bengal’s ruling Trinamool Congress (TMC) as chief minister Mamata Banerjee is
widely recognized as the biggest patron of the festival. With the inclusion of
Durga Puja, the number of elements in the list of Intangible Cultural Heritage
from India has increased to 14. As many as 36,946 community Durga Pujas are
organised in Bengal. Of these, around 2,500 are held in Kolkata. In recent
years, several organisations had urged UNESCO to recognise the festival.
About the Durga Puja: Durga Puja is an
annual festival celebrated in September or October, most notably in Kolkata, in
West Bengal of India, but also in other parts of India and amongst the Bengali
diaspora. Durga Puja is seen as the best instance of the public performance of
religion and art, and as thriving ground for collaborative artists and
designers. The festival is characterized by large-scale installations and
pavilions in urban areas, as well as by traditional Bengali drumming and
veneration of the Goddess. During the event, the divides of class, religion and
ethnicities collapse as crowds of spectators walk around to admire the
installations.
4.
7th edition of India International Science festival begins in Panaji: Union Minister of
State (Independent Charge) Science & Technology, Dr Jitendra Singh
inaugurated the seventh edition of the India International Science Festival at
Panaji, Goa. The theme of the 4-day science festival is ‘Azadi Ka Amrit
Mahotsav’ – “Celebrating Creativity, Science, Technology and Innovation for a
prosperous India”. First India International Science Festival was held in 2015
at IIT Delhi. The main aim of the Science Festival is to bring into use the
innovations by the people and develop technology that is affordable to the
masses.
5.
Ravinder Bhakar assumed charge of NFDC, films division and CFSI: CEO of Central
Board of Film Certification (CBFC), Ravinder Bhakar has assumed charge of
National Film Development Corporation (NFDC), Films Division, and Children
Films Society of India (CFSI). He is a 1999-batch officer of the Indian Railway
Stores Service (IRSS). He has been assigned these charges in addition to his
present duties as CEO of the film certification body.
6.
Good Governance Week 2021: 20th to 25th December: Union Minister Dr.
Jitendra Singh has inaugurated the Good Governance Week campaign themed
“Prashasan Gaon Ki Aur” aimed at showcasing and replicating the best governance
practices to the grassroots level. Good Governance Week is being celebrated on
20-25 December as part of the Azadi Ka Amrit Mahotsav celebration. During the week-long
event, over 700 Districts Collectors will visit Tehsil and Panchayat Samiti
Headquarters in order to provide timely grievance redressal and improve service
delivery. It is being celebrated by the Department of Administrative Reforms
and Public Grievances (DARPG), Ministry of Personnel, Public Grievances and
Pensions in collaboration with various other ministries and departments.
During the campaign, the following
events will be held:
(1) December 21st: Deliberation on “Good
Governance Initiatives by Ministry of External Affairs”.
(2) December 22nd: Deliberations on
“National Workshop on Next Phase of Reforms to reduce compliance burden and
Integrated & effective Governance practices by DPIIT”.
(3) December 23rd: A workshop by the
Department of Personnel & Training on the theme – “Mission Karmayogi-The
Path Ahead”
(4) December 24th: Workshop by Department
of Administrative Reforms & Public Grievances on the theme- “Initiative for
Increasing efficiency in Decision Making in Central Secretariat”.
(5) December 25th: “Good Governance Day”
would be celebrated.
INTERNATIONAL UPDATES:
1.
NASA’s Parker Solar Probe enters the Sun’s upper atmosphere: NASA’s Parker Solar
Probe has entered the Sun’s upper atmosphere for, first time in history. In
2018, launched the Parker Solar Probe aims to unravel the mysteries of the Sun
by travelling closer to it. After three years of launching, Parker has finally arrived
in the solar atmosphere. Parker Solar Probe has flown through the Sun’s upper
atmosphere for the first time in history – the corona. The probe sampled
particles and magnetic fields there.
The new milestone marks one major step for
Parker Solar Probe and one giant leap for solar science. Just as landing on the
Moon allowed scientists to understand how it was formed, touching the very
stuff the Sun is made of will help scientists uncover critical information
about our closest star and its influence on the solar system.
Note: NASA administrator: Bill Nelson;
Headquarters of NASA: Washington D.C., United States; NASA Founded: 1 October
1958.
2. US
Fashion Brand “Patagonia” selects Khadi Denim for its Apparels: US-based world’s
leading fashion brand, Patagonia, is now using handcrafted Khadi Denim fabric
for making Denim apparels. Patagonia, through textile major Arvind Mills, has
purchased nearly 30,000 meters of Khadi Denim Fabric worth Rs 1.08 crore from
Gujarat. The purchase of Khadi Denim by Patagonia has created additional 1.80
lakh man-hours, i.e. 27,720 man-days of work for Khadi artisans. In July 2017,
Khadi and Village Industries Commission (KVIC) signed an agreement with Arvind
mills Limited, Ahmadabad, to trade Khadi Denim products around the world. Since
then, Arvind Mills has been purchasing a large quantity of Khadi Denim fabric
every year from KVIC-certified Khadi institutions of Gujarat.
OTHER UPDATES:
SPORTS
1.
Olympics India inducts 148 athletes in list of TOPS athletes for 2024: A total of 148
athletes, including 20 new inductees, in seven Olympic disciplines and six
Paralympic disciplines, have been identified for support under the Target
Olympic Podium Scheme at a meeting of the Mission Olympic Cell of the Ministry
of Youth Affairs and Sports. The TOP scheme which is an attempt to provide
assistance to India’s top athletes. This scheme was started in 2014. The
Mission Olympic Cell approved lists in Cycling, Sailing, Shooting, Swimming,
Table Tennis, Weightlifting and Wrestling as well as Para Sports (Archery,
Athletics, Badminton, Shooting, Swimming, Table Tennis). Archery, Athletics,
Badminton, Boxing, Equestrian, Fencing, Golf, Gymnastics, Judo, Rowing and
Tennis will be taken up in the next meeting later this month.
BANKING AND FINANCE
1.
RBI comes up with PCA framework for large NBFCs: The Reserve Bank of
India (RBI) has introduced a prompt corrective action (PCA) framework for large
non-banking financial companies (NBFCs) with effect from October 2022, putting
restrictions on para-banks whenever vital financial metrics dip below the
prescribed threshold. This brings them almost on a par with banks in terms of
supervision and regulatory reach. The PCA framework for NBFCs comes into effect
on October 1 next year on the basis of their financial position on or after
March 31.
About the PCA framework:
(1) The PCA framework will be applicable to
All Deposit-Taking NBFCs (NBFCs-D) and All Non-Deposit Taking NBFCs (NBFCs-ND)
in the Middle, Upper, and Top Layers. It will put restrictions on para-banks
whenever vital financial metrics dip below the prescribed threshold.
(2) The move will bring NBFCs almost on a
par with banks in terms of supervision and regulatory reach. This follows
scale-based regulations and revision in non-performing asset norms brought in
by the regulator for the sector.
Note: RBI 25th Governor: Shaktikanta Das;
Headquarters: Mumbai; Founded: 1 April 1935, Kolkata.
BUSINESS AND ECONOMY
1.
ADB projected growth forecast for 2021-2022 for India at 9.7%: Asian Development
Bank has trimmed its 2021 growth forecast for India to 9.7 per cent from 10 per
cent but left the 2022 growth forecast unchanged at 7.5 per cent. The inflation
forecast of developing Asia was revised to 2.1 per cent for 2021 and unchanged
at 7 per cent for 2022.
Asian Development Outlook Supplement
Report 2021-22:
(1) In its Asian Development Outlook
Supplement Report of December 2021, the Asian Development Bank (ADB) has
trimmed the growth forecasts for developing Asia for 2021-2022 to reflect the
economic impact and uncertainty caused by the new Omicron COVID -19 variant.
(2) ADB marks the 2021 Gross Domestic
Product (GDP) growth projection of developing Asia to 7 per cent, down from its
earlier projection of 7.1 per cent (September 2021), and 2022 growth to 5.3 per
cent, down from 5.4 per cent.
2.
Wholesale inflation surges to 14.23% in November: Producers’
inflation based on the Wholesale Price Index (WPI) has reached an all-time high
in the current series at 14.23 per cent in November. This is the eighth
successive month of double digits WPI (mainly due to the hardening of prices of
mineral oils, basic metals, crude petroleum and natural gas). Wholesale
Price-based Index (WPI) inflation base year is 2011-12. Also, the spike is
highest since April 2005.
AWARDS AND HONOURS
1.
Bhutan confers PM Modi with its highest civilian award: Bhutan has honoured
PM Modi with its highest civilian award, Ngadag Pel gi Khorlo. Bhutan’s Prime
Minister Lotay Tshering has announced PM Modi’s name for Bhutan’s highest
honour. The honour comes as an appreciation for India’s friendly approach to
Bhutan under PM Modi’s governance. During the pandemic, India had extended
support to the neighbouring country in the form of vaccines, medicines and
other emergency services.
According to PMO Bhutan, ‘Prime Minister of
India, Narendra Modi has played an unconditional friendship over the years and
has helped immensely during the Coronavirus Pandemic. Before this, the current Prime Minister of
India had been accorded the respective top honours of Afghanistan, Saudi
Arabia, the UAE, Russia, the Maldives, Palestine and Bahrain.
Note: Bhutan Capital: Thimphu; Bhutan Prime
minister: Lotay Tshering; Bhutan Currency: Bhutanese ngultrum.
2.
Sunil Gavaskar honoured with SJFI Medal 2021: The Sports
Journalists’ Federation of India (SJFI) has decided to honour former Indian
Cricketer and cricket commentator Sunil Manohar Gavaskar with its prestigious
‘SJFI Medal 2021’ at SJFI Annual General Meeting (AGM) in Guwahati, Assam. SJFI
Medal is the highest honour of SJFI. SJFI was founded on 27th February 1976 at
the Eden Gardens, Calcutta (now Kolkata), West Bengal.
Other SJFI Awards:
Award |
Winner |
SJFI Sportsman of the
year 2021 |
Neeraj Chopra
(Javelin) |
SJFI Sportswoman of
the year 2021 |
Mirabai Chanu
(Weightlifting) |
SJFI Team of the Year
2021 |
Indian Men’s Hockey
team |
SJFI Parathletes of
the year 2021(Men) |
Pramod Bhagat
(Badminton) and Sumit Antil (Javelin) |
SJFI Parathletes of
the year 2021(Women) |
Avani Lekhara (rifle
shooter) |
SJFI Special
Recognition Award |
Olympic Gold Quest
(OGQ) |
DEFENCE
1. Army Chief Naravane takes charge as Chairman of Chiefs of Staff Committee: Army Chief General M.M. Naravane has assumed the charge as the chairman of the Chiefs of Staff Committee that comprises the three service chiefs. The post fell vacant following the death of Chief of Defence Staff General Bipin Rawat in the Indian Air Force helicopter crash on December 8. General Naravane has been given the charge, as he is the senior-most among the three service chiefs. IAF Air Chief Marshal V.R. Chaudhari and Navy Chief Admiral R. Hari Kumar had taken over their respective positions on September 30 and November 30. Before the creation of the post of the Chief of Defence Staff, the senior-most among the three service chiefs used to be the chairman of the Chiefs of Staff Committee.