Current Affairs

19 December, 2019

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National

Police launches “MP e-cop” an application to ensure women’s safety in Madhya Pradesh

The Madhya Pradesh (MP) police have launched an application named ‘MP e-cop’ to ensure the safety of women. The MP e-cop app includes SOS (an international code signal for extreme distress) facility which will send an alert SMS (Short Message Service) to 100 and any five phone numbers fed in the app as soon as the button is pressed.
About Madhya Pradesh (MP):
Capital- Bhopal
Chief Minister- Kamal Nath
Governor- Lalji Tandon

Chennai Corporation launches country’s first waste exchange platform

The Greater Chennai Corporation, Chennai, Tamil Nadu (TN) launched country’s first waste exchange platform(www.madraswasteexchange.com) to buy and sell reusable and recycled products online. It will run on a pilot basis for the first three months. Based on the response from public and waste recyclers, more features will be added to the website.

All the products are low-priced and available in 210 Resource Recovery Points (RRP) across Chennai. Residents can visit the website and sign up free of cost. The website is a part of the Smart City Mission and currently the process being executed on wet and dry waste only.
About Tamil Nadu (TN):
Capital- Chennai
Governor- Banwarilal Purohit
Chief Minister (CM)- Edappadi K. Palaniswami

Central Government has decided to deploy drones to destroy hidden Marijuana plants

The central Government has decided to deploy drones to destroy marijuana plantations before it reaches the hands of the drug cartels. The decision has been taken by the Ministry of Home Affairs (MHA) and the Narcotics Control Bureau (NCB).

The Centre has planned to use satellites to detect marijuana crops and then the crops will be destroyed by the drones by spraying chemicals.
About Narcotics Control Bureau (NCB):
Founded- 17 March 1986
Headquarters- New Delhi
Minister responsible- Amit Shah, Minister of Home Affairs (MHA)

Union Minister Amit Shah lays foundation for Bharat Vandana Park in Dwarka, New Delhi

Amit Shah, Union Minister of Home Affairs (MHA) presided over in the ceremony to lay foundation stone for the Bharat Vandana Park, Dwarka, New Delhi in the presence of Union minister Hardeep Singh Puri, Lieutenant Governor (LG) Anil Baijal, Member of parliament (MP) Parvesh Verma and Delhi BJP chief Manoj Tiwari at New Delhi.

The park will be a major tourist attraction covering an area of 200 acres at a cost of Rs.550 crores, the park is located near the Indira Gandhi International Airport and metro station. The park is to be developed by Delhi Development Authority (DDA) and will be completed by March 2022.

President approved The Recycling of Ships Bill, 2019

The President of India Shri Ram Nath Kovind approved the Recycling of Ships Bill, 2019. After his assent the bill became an Act with effect from December 13, 2019. The act provides recycling of ships by setting certain international standards and laying down the statutory mechanism for enforcement of such standards. India also acceded to Hong Kong International Convention for Safeand Environmentally Sound Recycling of Ships, 2009 with effect from 28th November, 2019.

Ships to be recycled in India will need to obtain a ‘Ready for Recycling Certificate’ in accordance with the Hong Kong Convention.
Existing ships will be given 5-year compliance to remove the hazardous material.
India has a share of over 30% of the global market in the ship recycling industry.

IT minister Ravi Shankar Prasad launched National Broadband Mission in New Delhi

The Minister for Communications, Law & Justice and Electronics and Information Technology(IT), Shri Ravi Shankar Prasad launched National Broadband Mission (NBM) in New Delhi. The mission’s aim is to enable all the people to engage in digital communication infrastructure. The minister also launched logo of NBM and a booklet on the occasion.
Mission objectives: The Mission has adopted certain objectives based on 3 principles such as universality, affordability and quality. The objectives are as follows:

Broadband access to all villages by 2022. Nationwide access to broadband services, especially in rural and remote areas.
Route for OFC: Laying of incremental 30 lakhs route kilometers of Optical Fiber Cable(OFC) and increasing the tower density from 0.42 to 1.0 tower per thousand of population by 2024.
Investment: $100 billion (Rs 7 Lakh Crore) investment from stakeholders including Rs 70,000 crore from Universal Service Obligation Fund (USOF).

Economy

Moody’s revised India’s FY20 growth projection to 4.9% from 5.8%

American business, financial company & rating agency Moody’s has downgraded India’s FY20 (Fiscal Year 2019-20) GDP (Gross Domestic Product) growth projection to 4.9% from its earlier estimate of 5.8%. The revision in the growth projection was due to weak household consumption.

The factors responsible for the weakened economic growth were rural financial stress, low job creation and liquidity constraints. credit crunch among non-bank financial institutions (NBFIs) was a major drawback for economic growth.
About Moody’s:
Founded- 1909.
Founder- John Moody.
Headquarters- New York,United States(US).
Chief Executive Officer(CEO)- Raymond Whitehead McDaniel, Jr.

CPPIB to invest $225 million in India resurgence fund

CPPIB (Canada Pension Plan Investment Board )Credit Investments, a wholly owned subsidiary of CPPIB, has agreed to invest $225 million in the India Resurgence Fund platform (IndiaRF), a distressed assets buyout platform set up by Piramal Enterprises Ltd and Bain Capital Credit.

IndiaRF, launched in 2016, seeks to make investments in distress assets through the purchase of current debt & equity securities via bankruptcy courts or directly from lenders, or through newly issued securities. Through recapitalization and operational improvements, the fund then took control over the turnaround of such assets.

Axis Bank & IOCL launched co-branded credit card for cashless payments

Axis Bank and Indian Oil Corporation Ltd (IOCL) has entered into a partnership to launch co-branded credit cards. The card will be useful for customers preferring cashless and hassle-free payments. The partnership also aims to offer rewards and benefits for its customers.
About Axis bank:
Founded- 1993.
Headquarters- Mumbai, Maharashtra.
Tagline- Badhti ka naam zindagi.
Chief Executive Officer(CEO)- Amitabh Chaudhry.
About Indian Oil Corporation Ltd (IOCL):
Founded- 30 June 1959.
Headquarters- New Delhi.
Chairman- Sanjiv Singh.

BRICS’ NDB commits $100  million to India’s NIIF

New Development Bank (NDB), formerly referred to as the BRICS Development Bank, has agreed to provide $100 million to India’s National Investment and Infrastructure Fund’s (NIIF) Fund of Funds(FoF), that aims to raise about $1 billion to invest in up to 10 private equity funds managed by fund managers in India.
About NIIF:
Type– Sovereign Wealth Fund
Industry– Institutional Investor, Fund Management
Headquarters– Mumbai,
CEO– Sujoy Bose
Its investments are diversified across its 3 funds- Master Fund, Fund Of Funds and Strategic Fund.
About NDB:
Founded– 2014
Headquarters– Shanghai, China
President– K.V. Kamath
Founded by Brazil, Russia, India, China and South Africa (collectively the BRICS countries), it was launched for development purposes, especially infrastructure projects.

ADB grants $250 mn loan for EESL to improve energy efficiencies

In a bid to support agricultural, residential and institutional consumers, Asian Development Bank (ADB),an international development finance institution & and the Government of India (GoI) have inked a $250 million (about Rs 1,775 crore) loan to Energy Efficiency Services Limited (EESL) to expand energy efficiency investments in India by way of identifying new business opportunities, a gender action plan, mobilising private sector participation in energy efficiency services,etc.
About ADB:
Motto– Fighting Poverty in Asia and the Pacific
Formation– 19 December 1966
Headquarters- Manila, Philippines
Membership– 68 countries
President– Masatsugu Asakawa (with effect from 17th January 2020)
About EESL:
Formation– 10 December 2009
Ministry– Ministry of Power
Chairman– Rajeev Sharma

Sports

Antarctic Ice Marathon 2019: Roy Jorgen, (84), oldest person to complete; US’ William Hafferty won

Roy Jorgen Svenningsen became the oldest person to complete the Antarctic Ice marathon 2019. Roy Jorgen is from Edmonton,Canada. He completed the marathon in 11 hours and 41minutes. Roy has been running since 1964 and has spent a year training for the 42km Antarctic marathon.

The Antarctic ice marathon was established by Richard Donovan to enable marathon runners to complete a marathon on all seven continents and the North Pole. The entry fee of the marathon is 24,800 Canadian dollars.

Miscellaneous

World Arabic Language Day observed on December 18, 2019

The World Arabic Language Day is observed annually on December 18, 2019 by the United Nations Educational, Scientific and Cultural Organization (UNESCO) in 2012. The day was chosen to celebrate multilingualism and cultural diversity of arabic language. The date (december 18) coincides with the day in 1973 when the UN General Assembly (UNGA) adopted Arabic as the 6th official language of the organisation.

Theme: The theme for the year 2019 is “Arabic Language and Artificial Intelligence (AI)”. The theme was chosen to promote and preserve the Arabic language with the help of AI and also deal with the issues related to the computerization of Arabic language.
About United Nations Educational, Scientific and Cultural Organization (UNESCO):
Founded- 16 November 1945.
Headquarter- Paris, France.
Director General(DG)- Audrey Azoulay.

Minorities Right Day in India observed on 18 December 2019

On 18th December of every year the Minorities Right Day is observed in India since 2013. The day aims to enlighten people about the problems related to minorities and their safety. Minorities Right Day in India is observed by the National Commission of Minorities (NCM) in India.

The day focuses on promoting religious harmony, respect and a better understanding of the Minorities group in India.

International migrants day observed on December 18,2019

The International Migrants Day (IMD) observed across the world with the aim to raise awareness about the challenges and difficulties that are faced by international migrants.The theme for the year 2019 “We Together.”

On December 4,2000,the United Nations General Assembly (UNGA) adopted the Resolution 55/93 & proclaimed 18th December as International Migrants Day. On that day in 1990, the Assembly adopted the International Convention on the Protection of the Rights of All Migrant Workers and Members of Their Families.

About UNGA:
Formation– 1945
Headquarters– New York, US
President- Prof. Tijjani Muhammad Bande (74th)

China launches 2nd ‘Shandong’ aircraft carrier, will be stationed in South china sea

In order to further strengthen the military ambitions,China has launched its 2nd aircraft carrier, named after the Shandong province, from Sanya, an important establishment in the South China Sea. It is China’s 1st  indigenously built aircraft carrier.

"Shandong’ is much larger than the china’s current aircraft carrier ‘Liaoning’, which can carry 36 combat aircraft. The ‘Liaoning’ vessel,has a capacity of 24 fighter jets, used for training & to test the fighter jet J-15, which has been specifically developed to operate from the decks of the aircraft carriers.
About China:
Capital– Beijing
Currency– Renminbi
President– Xi Jinping

R.N Ravi, Governor of Nagaland to hold additional charge of Meghalaya

Ravindra Narayana Ravi, Governor of Nagaland was given additional charge as Governor of Meghalaya by the President of India. Ravi will act as the governor in the absence of leave of Tathagata Roy who was the previous Governor of Meghalaya.

Ravi was the former intelligence official, specialized in the Northeast. He was responsible for the framework of agreement signed between the Government of India and the National Socialist Council of Nagaland (Isaak-Muivah) in 2014 thereby appointed as the Governor of Nagaland in 2019.
About Nagaland:
Capital- Kohima
Chief Minister (CM)- Neiphiu Rio
Deputy Chief Minister- Yanthungo Patton

Deepak Punia named 2019 UWW’s ‘Junior Freestyle Wrestler of the Year’

The World Championships silver medallist Deepak Punia was named as the 2019 ‘Junior Freestyle Wrestler of the Year‘ by United World Wrestling (UWW). Punia is the first Indian wrestler in 18 years to win a junior world title at the Junior World Championships held in Talinn, Estonia in August 2019.
Deepak won the junior world title at the Junior World Championships in 86Kg freestyle category.

He is also the first Indian wrestler and the 2nd from the country to get honour from an international federation. Prior to him Late Yashvir Singh, who was adjudged ‘Coach of the Year’ in 2010 by the apex body (then FILA), was the first Indian to be recognised by the international federation.
FILA: It stands for Fédération internationale de lutte amateur (English: International Amateur Wrestling Federation).

CBI officer BP Raju wins ‘India Cyber Cop of the Year’ 2019 award given by NASSCOM-DSCI

B.P Raju, CBI (Central Bureau of Investigation) officer won ‘India Cyber Cop of the Year 2019’ award given by NASSCOM (National Association of Software and Services Companies)-DSCI (Data Security Council of India) in the Annual Information Security Summit held at Gurugram. He received the award for cracking a fraud case in an online entrance exam conducted by an engineering college in Rajasthan.
About Central Bureau of Investigation (CBI):
Formed- 1941
Headquarters- New Delhi
Crime branch executive- Rishi Kumar Shukla

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