Current Affairs State

 The 4 prominent diplomats have been honoured with ‘The Diwali – Power of One’ award 2019 in recognition and celebration of their work, especially at the United Nations, for a secure and peaceful world.
The diplomats who were honoured are:
  • Former foreign minister and Permanent Representative of Kazakhstan to UN: Kairat Abdrakhmanov.
  • Former Permanent Representative of Cyprus to UN: Nicholas Emiliou.
  • Former Chef de Cabinet to President of 72nd Session of the UN General Assembly (UNGA) and Permanent Representative of Slovakia to UN: Frantisek Ruzicka.
  • Permanent Representative of Ukraine to the UN: Volodymyr Yelchenko.
The awards which have now come to be known as ‘Oscars of Diplomacy’ were established by Diwali Foundation USA, Inc in 2017. The awards seek to promote a peaceful and consensus-based process to achieve societal good, as befitting high hopes and ideals of humanity enshrined in the UN Charter.
Source: The Business Standard

  A memorandum of understanding (MoU) has been signed between National Small Industries Corporation (NSIC) and Suadi Aramco (Asia) for the development of Micro, Small and Medium Enterprises (MSME) Ecosystem in India in Oil & Gas Sector. The MoU will pave a way for accredited Indian MSMEs to carve out space as vendors in Global space.
Source: The Press Information Bureau

  India’s Exim Bank (Export-Import Bank of India) has provided $500 million (Rs 3561 crore) Line of Credit(LoC) to Bangladesh for defence-related procurement in the neighbouring country. The Exim bank entered into an agreement with Bangladesh’s Armed Forces Division (AFD) in this regard on April 11, 2019. The agreement became effective from November 7, 2019, and the utilisation period of the loan is 10 years from the date of signing the agreement. Under the loan agreement, financing of export of eligible goods and services from India would be allowed subject to the Foreign Trade Policy(FTP). Out of total credit, 75% of the contract price will be applied by the seller and the remaining 25% will be procured by the seller for the purpose of the eligible contract from outside India, including Bangladesh. The contract price may be reduced from 75% to 65% based on the nature of procurement.
Source: The Economic Times

  Human Rights Day is observed every year on 10 December. This Day came into existence on December 10, 1948, when the Universal Declaration of Human Rights was adopted by the United Nations. This day is observed every year across the world, as it empowers us all. The day also acknowledges the advocates and defenders of human rights around the world. This year it will be the 71st anniversary of Universal Declaration of Human Rights. With the theme “Youth Standing Up for Human Rights”, the aim is to celebrate the potential of youth as constructive agents of change, amplify their voices and engage a broad range of global audiences in the promotion and protection of rights.
Source: The United Nations

  Jammu and Kashmir Lt Governor Girish Chandra Murmu inaugurated the 72-metre long Multi Cell Box Type Load Class 70 bridge to the Nation in Rajouri. The bridge spans over Draj nallah and connects Draj Area to Tehsil Kotranka area under District Rajouri. The bridge has been built by Border Roads Organisation (BRO). The Draj bridge is an important bridge for military as well as for socio-economic development of the Rajouri District as a whole. This bridge will facilitate all weather and speedy movement of Army troops as well as locals.
Source: The Press Information Bureau

 Khadi and Village Industries Commission (KVIC) distributed 500 Bee Boxes, 500 Electric Pottery Wheels and 200 Leather Tool Kits in an event organised by KVIC in Boondi District, Rajasthan. Event was organised to support the weaker section of the society as well as to commemorate 150th Birth Anniversary of Mahatma Gandhi. KVIC has been running a mass campaign for the revival of bee keeping, pottery and leather industry under the Honey Mission, Kumhar Sashaktikaran Mission and Leather Mission respectively.
Source: The Press Information Bureau

  Destination at the 26th edition of the World Travel Awards (WTA) being held in Muscat, Oman. This is the 7th time in a row that Abu Dhabi has been selected for this coveted award. The award is the latest in several prestigious accolades gained by Abu Dhabi this year, including being selected as the West Asia’s Leading Business Tourism Destination at the West Asia edition of WTA and Best City Break at the UK’s Selling Travel Agents’ Choice Awards. Abu Dhabi shined as a premium destination once again for sports tourism in 2019 after hosting so Abu Dhabi me of the world’s top sporting events, such as the FIFA Club World Cup 2017 and 2018, the first edition of the UAE Tour, the AFC Asian Cup 2019, the Special Olympics World Games 2019, the UFC 242 showdown and the Brazil vs South Korea international friendly match. Sports tourism has been labelled by the United Nations World Travel Organisation, UNWTO, as one of the fastest-growing sectors of tourism worldwide. World Travel Awards was established in 1993 to acknowledge, reward and celebrate excellence across all key sectors of the travel, tourism and hospitality industries.
Source: The News on AIR

  The UNESCO-recognized Nilgiri Mountain Railway (NMR) conducted a special service for foreign tourists. 71 tourists from several countries, including the USA, the UK and France travelled by a special steam engine service from Coonoor to Ooty. They were presented with special mementoes and gift hampers as well as served with the replica of the original Edmonton type cardboard ticket. The NMR is one of the few railways in the world that uses the unique rack and pinion system, with its special third rail to negotiate gradients en route from Mettupalayam in the foothills of the Western Ghats in Tamil Nadu to Ooty, the Queen of Western Ghats.
Source: The News on AIR

  A memorandum of understanding (MoU) has been signed between National Small Industries Corporation (NSIC) and Suadi Aramco (Asia) for the development of Micro, Small and Medium Enterprises (MSME) Ecosystem in India in Oil & Gas Sector. The MoU will pave a way for accredited Indian MSMEs to carve out a space as vendors in Global space.
  • National Small Industries Corporation (NSIC)
It is the flagship Mini Ratna public sector undertaking (PSU) under Union Ministry of MSME in the business of facilitating MSMEs in India. It was established in 1955 as a Government of India agency and was later made into a fully owned government corporation.
  • Suadi Aramco (or Saudi Arabian Oil Company)
It is a Saudi Arabian national petroleum and natural gas company based in Dhahran, Saudi Arabia. It is world’s largest Oil & Gas Company and is one of the largest companies in world by revenue.

  The United Nations Development Programme released the Human Development Index for 189 countries on December 9, 2019. The rankings were listed by the report titled “Beyond Income, Beyond Averages, Beyond Today: Inequalities in Human Development in 21st century”. India ranked 129 among them, which is one rank ahead of its previous positions. In 2018, India ranked 130. The rankings were listed based on the assessment of poverty, education, life expectancy and access to health care.
  • Highlights: World
Among all the regions, South Asia was the fastest growing region. It witnessed 46% growth between the years 1990 and 2018. Despite its growth, the region accounts to 31% of partner violence. Next to South Asia, East Asia and the Pacific reported good growth. The growth rate of these regions was assessed by the report as 43%. Singapore reported the least partner violence faced by women.
  • Highlights: India
The report says that around 27.1 crore people in India were lifted out of poverty between the time period 2005-06 and 2015-16. However, India is the largest country constituting to 41% of world’s poor according to the report! India ranked 122 in the Gender Development Index


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