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Current Affairs 12 December 2020

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We are here for you to provide the important Recent and Latest Current Affairs 12 December 2020, which have unique updates of Latest Current Affairs 2020 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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Top 20 Current Affairs of 12 December 2020

NATIONAL AFFAIRS

Malayan Giant Squirrel could fall by 90% in India by 2050 ; ZSI’s 1st of its kind Surveynumbers of the Malayan Giant Squirrel could decline by 90 per cent

According to a First-of-its-kind survey conducted by Zoological Survey of India (ZSI) under the Ministry of Environment, Forest and Climate Change (MoEFCC), Malayan Giant Squirrel or Black Giant Squirrel (Ratufa bicolor) could fall by 90% in India by 2050 due to shrinking of its original habitat zone.
i.At Present only 43.38% of the Original habitat in  India is favourable for its living. The favourable zone of its habitat may decline to 2.94% by 2050.
ii.This would mean that, by 2050 the habitat of the squirrels will be restricted only to Southern Sikkim and North Bengal.
iii.The squirrel is considered to be an indicator of forest health, the decline in squirrel’s population reflects declining Forest area.
Main causes of shrinking of Habitat:
Deforestation, fragmentation of forests, crop cultivation and over-harvesting of food, illegal trade in wildlife, hunting for consumption.
Conservation Status:
i.It is listed as Near Threatened (NT) on the International Union for Conservation of Nature’s (IUCN) 2016 list.
ii.It is a protected species under Schedule II of India’s Wildlife Protection Act, 1972.
About Zoological Survey of India (ZSI):
Director  – Dr. Kailash Chandra  (Scientists G)
Headquarters – Kolkata, West Bengal
About Ministry of Environment, Forest and Climate Change (MoEFCC):
Union Minister – Prakash Javadekar
Minister of State – Babul Supriyo
<<Read Full News>>

Lakshadweep becomes India’s First 100% Organic Union TerritoryAfter Sikkim, Lakshadweep is the first Union Territory to become 100 per cent organic

Indian Island region, Lakshadweep becomes India’s first 100% organic Union Territory in the country, and second in the country only after Sikkim. This comes after the UT received proper certifications and declarations under the Centre’s Paramparagat Krishi Vikas Yojana (organic farming improvement programme).
Key Highlights:
i.Synthetic chemical usage has stopped completely since 2005.
ii.Majority of the UT has already got certified under the National Programme for Organic Production (NPOP)since 2011.
iii.Entire 32 kms land is categorised under organic area.
Opportunities for Women– 150 self-help groups will work to increase exports of products like virgin coconut oil, tuna pickles, and jaggery.
About Lakshadweep:
India’s smallest Union Territory with 36 Islands.
Includes- 12 atolls, 3 reefs, 5 submerged banks, 10 inhabited islands.
Capital- Kavaratti
Administrator- Praful Khoda Patel
<<Read Full News>>

NSDC Signs MoU with BYJU’S to Support Skilling of Teachers and TrainersByju's joins hands with NSDC to support skilling

On December 10, 2020 The National Skill Development Corporation (NSDC) signed Memorandum of Understanding (MoU) with BYJU’S to support the skilling of teachers and trainers. The partnership is as part of Skill India Mission.
Aim – To empower teachers and trainers with skills and digital tools so as to make learning very effective, engaging and personalised for children and youth.
Benefits of the Partnership:
i.As part of this partnership, BYJU’S will provide free access to its educational content and tools to help the teachers.
ii.In addition, BYJU’S will share its digital educational content (scholastic and non-scholastic) with the NSDC Ecosystem as free licenses.
iii.This alliance will help to achieve the Digital India vision.
Other Partnership of NSDC
i.Recently, NSDC has entered into partnership with LinkedIn and the women’s wing of FICCI to accelerate the digital skills training for youth and women.This will create a digital workforce in near future.
About BYJU’s:
Founder & CEO – Byju Raveendran
Headquarter – Bengaluru, Karnataka

IESA, UNIDO tie up to Boost Energy Storage Innovations in IndiaIESA, UNIDO tie up to boost energy storage innovations in India

i.On December 10, 2020, the India Energy Storage Alliance (IESA) and United Nations Industrial Development Organization (UNIDO) collaborated to promote innovations in energy storage in India.
ii.The collaboration was done on the lines of the launch of the 4th round of innovation challenge by UNIDO’s Facility of Low Carbon Technology Deployment (FLCTD) to support and encourage new innovations in Indian energy storage and e-mobility space.
iii.The IESA will act as a supporting partner for this innovation challenge.
iv.There will be grant of up to USD 50,000 for winning technologies, and recognition from the Bureau of Energy Efficiency, UNIDO and IESA.
About India Energy Storage Alliance (IESA):
It is India’s leading alliance on energy storage and e-mobility.
Executive Director– Debi Prasad Dash
Headquarter– Pune, Maharashtra
About United Nations Industrial Development Organization (UNIDO):
Members – 170 (As of April 2019)
Director General– LI Yong
Headquarter– Vienna, Austria
<<Read Full News>>

Government launches Viability Gap Funding (VGF) Scheme to boost India’s InfrastructureGovt notifies VGF scheme to support infra projects

On 11th December, 2020 Finance Ministry notified the Viability Gap Funding (VGF) scheme to provide financial support to Public Private Partnerships (PPPs) in selected Infrastructure projects. The selection of Private companies will be done through transparent, open and competitive bidding process.
i.Aim- To assist infrastructure projects under Public Private Partnership (PPPs) in India through financial support.
ii.Fund Sanction
Upto Rs 200 crore- Sanctioned by the Empowered Committee (EC) headed by Economic affairs secretary(Present Economic Affairs Secretary is Shri Tarun Bajaj).
Over Rs 200 crore- Approved by Empowered Committee with Finance Minister’s approval
About Finance Ministry:
Minister of Finance- Nirmala Sitharaman
Finance Secretary- Ajay Bhushan Pandey
Union Budget of India will get released annually on 1st February.
<<Read Full News>>

PM Narendra Modi Inaugurated 4th Indian Mobile Congress 2020 held Virtually; Co-organised by the DoT and COAIShri Sanjay Dhotre announces the fourth edition of India Mobile Congress 2020

i.The 4th edition of the largest digital technology forum in South Asia i.e. India Mobile Congress (IMC) 2020 held virtually on December 8-10, 2020 amid COVID-19 and was inaugurated by Prime Minister Narendra Modi. It was organised by the Department of Telecommunications (DoT) and Cellular Operator Association of India (COAI) on the theme “Inclusive Innovation – Smart I Secure I Sustainable”.
ii.The prime sponsors of the conference included Dell Technologies, Ribbon Communications and Red Hat.

  • BSNL in partnership with Skylo introduced worlds’ 1st satellite-based narrowband-IoT network in India
  • Vodafone Idea CSR arm, Nokia team up for SmartAgri solution
  • Nokia kicks off production of 5G equipment in India
  • JIO to launch 5G service in 2nd half of 2021
  • Manufacturing, retail, auto hold highest potential of 5G adoption: Report
  • Day 3 of IMC culminates into Future of Digital Communication

About Cellular Operator Association of India (COAI):
Establishment – 1995
Headquarter– New Delhi
Chairman– Ajai Puri
<<Read Full News>>

IndUS Entrepreneurs (TiE) Global Summit-2020 held Virtually from HyderabadVice President inaugurates the IndUS Entrepreneurs Global Summit-2020

World’s largest virtual entrepreneurial summit, The IndUS Entrepreneurs (TiE) Global Summit-2020 (TGS 2020) was held virtually from December 8-10, 2020. It was hosted by TiE Hyderabad. Vice-President Venkaiah Naidu virtually inaugurated the TGS 2020.
i.Theme of TGS 2020 – ‘Entrepreneurship 360’.
ii.The summit focused on issues faced by Entrepreneurs, Funding Platform, pitching tactics to help start-ups.
iii.Union Minister Nitin Gadkari stated that India is set to increase MSMEs contribution to the Gross Domestic Product (GDP) of India by 50 % from the current 30%.
iv.During the summit, Delhi Chief Minister Arvind Kejriwal stated that the Government of Delhi is in an advanced stage of launching its Startup Policy.
v.TiE Lifetime Achievement Awards were awarded to 3 personalities – Bill Gates, FC Kohli & Bill Marriott.
About The IndUS Entrepreneurs (TiE):
Chairman – Mahavir Pratap Sharma
TiE has 60 chapters (offices) in 17 countries.
<<Read Full News>>

INTERNATIONAL AFFAIRS

Sports Minister Kiren Rijiju addressed the 10th Global Sports Summit, TRUF 2020 organized by FICCIUnion Sports Minister Kiren Rijiju

On 9th December, 2020 Union Sports Minister Kiren Rijiju virtually addressed the 10th Global Sports Summit, TRUF 2020, organised by Federation of Indian Chambers of Commerce & Industry (FICCI). On that Occasion Minister made the announcement on the establishment of 1000 Khelo India Small Centres in the country.
Key Highlights:
i.India’s 1st virtual Global Sports and Fitness Exhibition, bringing together domestic and international buyers, sellers and service providers.
ii.Developing 1000 Khelo India Small Centres across the country that will help retired sports persons get employment or some role in shaping the sports culture of the country.
About Federation of Indian Chambers of Commerce and Industry (FICCI): 
Created on the advice of Mahatma Gandhi jointly by G. D. Birla and Purshottamdas Thakurdas 
Established- 1927
Headquarter-New Delhi
President Elect – Uday Shankar
About Ministry of Youth Affairs and Sports:
Minister of State (MoS) (Independent Charge) – Kiren Rijiju
Headquarters – New Delhi

India drops to 2nd Position in BNEF’s 2020 Climatescope survey; Chile grabs the top spotIndia Drops to 2nd, Chile Takes No1 on Climatescope Emerging Markets Ranking

According to Climatescope Survey ‘Emerging Markets Outlook 2020 : Energy Transition in the World’s Fastest Growing economies’ released by Bloomberg New Energy Finance Limited (BNEF) India with a score of 2.61 dropped to the 2nd position in the 2020 survey due to decline in Clean Energy Investment. India’s investment declined from 32% in 2017 to 12% in 2018-2019. Chile topped the survey rankings with a score of 2.85, Brazil came third with a score of 2.44.
i.China (Mainland) & India remain the biggest markets for clean energy  investment
ii.BNEF has surveyed more 108 emerging markets and for the first time 29 Developed nations for the Climatescope survey project.
iii.This is the 9th year of the Climatescope project.
iv.India topped the BNEF’s Climatescope Emerging Markets Ranking in 2019.
Rankings according to Survey:

Rank Country Score
2 India 2.61
1 Chile 2.85
3 Brazil 2.44


About Bloomberg New Energy Finance Limited (BNEF):
Director  – William Young
Location – London, United Kingdom
<<Read Full News>>

17th International Inter-Ministerial Conference on South-South Cooperation in Population and Development held Virtually; Harsh Vardhan Participated

Dr Harsh Vardhan digitally addresses the Inter Ministerial Conference by Partnersi.On December 8, 2020, the 17th International Inter-Ministerial Conference on South-South Cooperation in Population and Development titled “Nairobi Commitments and the 2030 Agenda: Taking stock and looking ahead to post COVID-19 Crisis” was held virtually.
ii.The ministerial session for the same was held on “Promoting South-South Cooperation for Attaining Nairobi Commitments and the Agenda 2030” which was chaired by Dr. Faisal Sultan, The Federal Minister of the National Health Services, Regulations and Coordination of the Government of Pakistan.
iii.The conference was co-sponsored by Partners in Population and Development (PPD), the United Nation Population Fund (UNFPA), and National Health Commission of China (as Chair of PPD).
iv.During the session, Keynote Address was delivered by internationally acclaimed and outstanding leaders in health, population and development. The Indian side was represented by Union Minister Dr. Harsh Vardhan, Ministry of Health and Family Welfare (MoHFW). It should be noted that he is the Vice-Chair of the PPD Board.
About Partners in Population and Development (PPD):
Chair, PPD Board– H.E. Dr. Li Bin
Headquarter– Dhaka, Bangladesh
About United Nation Population Fund (UNPF):
Executive Director– Dr. Natalia Kanem
Headquarters– New York, United States (US)
<<Read Full News>>

26th Edition of DST-CII Technology Summit 2020 between India, Portugal held virtually from December 7-9, 2020DST-CII India-Portugal Tech Summit

The 26th Edition of DST-CII (Department of Science & Technology-Confederation of Indian Industry) Technology Summit was held virtually from December 7-9, 2020. Portugal was the partner for 2020’s edition of Technology Summit. The meeting was organized by DST, CII. Manuel Heitor, Minister of Science, Technology and Higher Education, Portugal was the Guest of Honour at the Summit. Dr Harsh Vardhan, Union Minister for Science & Technology, India inaugurated the event.
i.From the Portugal side, Foundation for Science & Technology (FCT), Ministry of Education, Government of Portugal was responsible for organizing the event.
ii.The sectors which were discussed during the Summit were Watertech, Agritech, Healthtech, Energy, Climate change,  Cleantech, Information Technology (IT), Information & Communication Technology (ICT) & Advanced Technologies, space-ocean interactions, innovation and start-ups.
About Confederation of Indian Industry (CII):
President – Uday Kotak
Headquarters – New Delhi
About Portugal:
Prime Minister – Antonio Costa
Capital – Lisbon
Currency – Euro
<<Read Full News>>

BANKING & FINANCE

RBI Released Draft Guidelines for NBFCs’ Dividend Payouts: December 2020RBI lists eligibility criteria to declare dividend

i.The Reserve Bank of India (RBI) in its recent 4th Bi-Monthly Monetary Policy Committee (MPC) 2020-21 announced to issue guidelines for Non-Banking Financial Companies (NBFCs) with regard to distribution of dividend.
ii.Therefore on December 9, 2020, the apex bank released the “Draft Circular on Declaration of Dividend by NBFCs” to ensure greater transparency and uniformity in practice. It is open for comments by December 24, 2020.
iii.The guidelines will be applicable for dividend to be declared for the financial year beginning April 01, 2020 (FY 2020-21) onwards.
iv.NBFCs should comply with the provisions of Section 45 IC of the RBI Act, 1934.
About Reserve Bank of India (RBI):
Formation– 1 April 1935
Governor– Shaktikanta Das
Headquarters– Mumbai, Maharashtra
Deputy Governors– 4 (Bibhu Prasad Kanungo, Mahesh Kumar Jain, Michael Debabrata Patra, and M Rajeswar Rao)
<<Read Full News>>

Equitas Small Finance Bank Ltd Launches 3 in 1 Account(savings +trading+ demat)Equitas SFB launches 3-in-1 account offering various investment options

On December 10, 2020 Equitas Small Finance Bank Ltd(ESFBL)launched a 3-in-1 account(tripartite account), which comprises savings, trading and demat accounts for its customers. The account enables customers to hold all their bank and financial investments under one umbrella. This account was launched to widen the bank’s product offerings.
Highlights of the Account
Single Platform
Customers can invest in a wide variety of financial products using a single platform, as the bank provides brokerage and demat services through referral arrangements with brokerage firms for trading and depository services.
Financial products 
The financial product offered through the account include the following:

  • Direct equity and Futures and Options(F&O) trading, Mutual Fund(MF) investment across all Asset Management Companies(AMCs), Exchange Traded Funds(ETFs), corporate Fixed Deposits(FDs)
  • Corporate bonds, govt bonds, insurance products, National Pension Scheme (NPS) and Initial Public Offerings (IPOs).

Seamlessly Transfer Money
The account holder can transfer money seamlessly between their bank account
Points to be Noted
i.Equitas SFB Ltd is the largest SFB in India in terms of number of banking outlets and it is the 2nd largest SFB in India in terms of assets under management and total deposits in Fiscal 2019.
ii.It is the 1st Private Sector Bank from Tamil Nadu to commence operations post Indian Independence.
About Equitas Small Finance Bank Limited(ESFBL):
MD and CEO– Vasudevan Pathangi Narasimhan (P N)
Headquarters– Chennai, Tamil Nadu
Commenced the business of SFB– September 5, 2016
Tagline– It’s Fun Banking

IRDAI Standardised Health Policies For Robotic And Bariatric Surgeries

The Insurance Regulatory and Development Authority of India (IRDAI) has standardised all health policies for robotic and bariatric surgeries. The robotic surgeries minimises the trauma caused to the patient. India is the most preferred country to get high-quality treatment across the world. Bariatric surgery is also called as Weight loss surgery, or metabolic surgery.

AWARDS & RECOGNITIONS        

Raj Kamal Jha for his Novel ‘The City and the Sea’ Wins 3rd Edition of Rabindranath Tagore Literary Prize 2020Raj Kamal Jha wins Rabindranath Tagore Literary Prize 2020 for The City and the Sea

i.Raj Kamal Jha, Indian Author and the Chief Editor of The Indian Express wins 3rd Edition of Rabindranath Tagore Literary Prize 2020 for his literary fiction novel ‘The City and the Sea’ which was published by Penguin Random House India Private Limited. This is Raj Kamal Jha’s 5th novel.
ii.His Majesty Sultan Qaboos bin Said Al Said, late Sultan of Oman and The People of Oman and Sandip Soparrkar a renowned dancer choreographer from India named as the winner of TagorePrize for Social Achievement 2020.
About Rabindranath Tagore Literary Prize & Social Achievement Prize:
Instituted in – 2018
Chair of the Awarding Committee and Founder of Rabindranath Tagore Literary Prize– Peter Bundalo
<<Read Full News>>

APPOINTMENTS & RESIGNATIONS          

Judo Practitioners Sabrina Filzmoser of Austria and Flavio Canto of Brazil Appointed as ‘IJF Climate Ambassadors’Filzmoser and Canto appointed IJF climate ambassadors

On December 4, 2020 Marius Vizer, President of International Judo Federation(IJF) appointed Judo Practitioners(Judoka) Sabrina Filzmoser of Austria and Flavio Canto of Brazil as IJF Climate Ambassadors.They will help IJF to spread the message to save the planet.
Important Info
Recently, IJF has joined the UNFCCC’s (United Nations Framework Convention on Climate Change) Sports for Climate Action initiative as a signatory to the Sports for Climate Action Framework.
About Sabrina Filzmoser:
i.She won gold in European Judo Championship in 2008 held in Lisbon, Portugal and 2011 held in Istanbul,Turkey
ii.She has won silver in European Judo Championship in 2010 held in Vienna, Austria and 2013 held in  Budapest,Hungary.
iii.She also competed at the 2008 Summer Olympics held in Beijing, China and 2012  Summer Olympics held in London, UK.
About  Flavio Canto
i.He won a bronze medal at the 2004 Summer Olympics that held in Athens and gold in 2002 South American Games held in Rio de Janeiro.
ii.He is the founder and president of the Instituto Reação.
iii.He is also the presenter of the TV shows Corujão do Esporte on TV Globo and Sensei on SportTV.
About International Judo Federation(IJF):
President– Marius Vizer(Austria)
Headquarters– Budapest, Hungary

SCIENCE & TECHNOLOGY

DRDO designed submachine gun ‘5.56X30 mm JVPC’ undergoes successful TrialsDRDOdesigned sub-machine gun successfully undergoes defence ministry

On 7th December, 2020, 5.56 X 30 mm Joint Venture Protective Carbine (JVPC) designed by Armament Research and Development Establishment (ARDE), a lab of Defence Research and Development Organisation (DRDO) successfully finished the final phase of user trials.  The Gun will now be inducted into the Indian Army.
i.Weapon is set to be manufactured at Small Arms Factory, Kanpur, and the Ammunition will be manufactured at Ammunition Factory, Kirkee Pune.
ii.The gun met all the parameters of Indian Army’s GSQR (General Staff Qualitative Requirements) during the trials.
Features of the Gun:
i.JVPC is a Gas Operated Semi Bull-pup automatic weapon and is capable of firing around 700 rpm (rounds per minute).
ii.It has a range of 100 metres and weighs 3 Kilograms.
iii.It is equipped with features like low recoil, retractable Butt, better ergonomic design, single hand firing capability, and multiple Picatinny rails.
iv.The gun is suited for Counter Insurgency/Counter Terrorism operations.
v.The Gun has passed the trials of the Ministry of Home Affairs (MHA), the procurement of the guns has been initiated by CAPFs (Central Armed Police Forces) & many state police organisations.
About Armament Research & Development Establishment (ARDE):
Director – Dr. V Venkateswara Rao
Headquarter – Pune, Maharashtra

ENVIRONMENT

Ischaemum janarthanamii: A New Species of Indian Muraingrasses Discovered in Goa by ARI ResearchersNovel species of Muraingrasses spotted in Western Ghats of Goa

A team of researchers of Agharkar Research Institute (ARI) led by Dr. Mandar Datar and Dr.Ritesh Kumar Choudhary have discovered a tough novel new species of Indian Muraingrasses(Genus Ischaemum) named Ischaemum janarthanamii in Goa in the Western Ghats.
Important Info:

  • The new species Ischaemum janarthanamii, is named after M. K. Janarthanam, Professor of Botany, Goa University to honour his contribution to the Indian grass taxonomy and documentation of the floristic diversity of Goa state.
  • The research paper about this species was published in Annales Botanici Fennici, a Finland based journal.

Note– In 2017, monsoon the 1st collection of this new species was made.
About Ischaemum janarthanamii:
i.It grows on a low altitude lateritic plateaus in the suburbs of Bhagwan Mahavir National Park, Goa.
ii.It has adapted to survive the harsh conditions, low nutrient availability, and blossoms every monsoon.
Key Info
i.Indian Muraingrasses are known for their ecological and economic importance.
ii.Western Ghats is one of the 4 global biodiversity hotspots of India.
iii.Globally, 85 species have been discovered from Ischaemum, of which 61 species are exclusively found in India
iv.Western Ghats has 40 species with the highest number of this genus.

IMPORTANT DAYS

International Mountain Day 2020 – December 11International Mountain Day

i.The United Nations(UN)’s International Mountain Day is annually observed across the globe on 11th December to encourage the sustainable developments in mountains and to create awareness about the importance of mountains to life.
ii.The day highlights the difficulties and the opportunities in the development of mountains and to establish an alliance and enable positive change to the people living in the mountain and the environments across the globe.
iii.The theme of International Mountain Day 2020 is “Mountain Biodiversity”, which aims to celebrate the diverse biodiversity of the mountain and address the difficulties they face.
iv.The conservation of mountains is a vital factor for sustainable development and it is also a part of the Goal 15 of the Sustainable Development Goals(SDGs): Life on land – Sustainably manage forests, combat desertification, halt and reverse land degradation, halt biodiversity loss.
About Food and Agriculture Organization(FAO):
Director General– QU Dongyu
Headquarters– Rome, Italy
<<Read Full News>>

UNICEF Day 2020 – December 11

i.The UNICEF(United Nations Children’s Fund) day is annually celebrated on 11th December to mark the creation of UNICEF by the United Nations General Assembly(UNGA) on 11th December 1946. UNICEF was originally known as “United Nations International Children’s Emergency Fund”. 
ii.The year 2020 marks the 74th anniversary of the foundation of UNICEF.
iii.The United Nations established UNICEF as “United Nations International Children’s Emergency Fund” to fulfill the emergency needs of the children in post war Europe and China.
iv.UNICEF called out the governments to adopt the “Six Point Plan to Protect our Children” to reverse the effects of COVID-19 pandemic on children and to build a better future for all.
About United Nations Children’s Fund (UNICEF):
Executive Director– Henrietta Holsman Fore
Headquarter- New York, United States of America
<<Read Full News>>

STATE NEWS

AP CM Jagan Mohan Reddy launches ‘Jagananna Jeeva Kranthi’ scheme – distribution of sheep, goats to womenAP CM YS Jagan Mohan Reddy launched Jagananna Jeeva Kranthi

On December 10, 2020, Andhra Pradesh (AP) Chief Minister (CM) Jagan Mohan Reddy virtually launched the ‘Jagananna Jeeva Kranthi’ scheme worth INR 1, 869 Crores for distribution of  2, 49, 151 sheeps, goats for improving the living standards of women.
Objective:
To develop self-reliance among women.
Beneficiaries:
Women belonging to Backward Classes (BC), Scheduled Castes (SC), Scheduled Tribe (ST) in the age group of 45-60 years.
Gist of the Scheme:
i.Each Unit will consist of  15 Sheeps or Goats.
ii.They will be distributed in 3 phases.
iii.AP Government has signed into an Memorandum of Understanding  (MoU) with Allana Group for the procurement of sheeps and goats and as a platform for marketing the meat products
iv.AP Government also launched the distribution of 4.69 lakh units of cows and buffaloes worth INR 3, 500 crores.
About Andhra Pradesh:
Ports – Visakhapatnam Port, Krishnapatnam Port
Stadium – Dr. Y. S. Rajasekhara Reddy ACA–VDCA Cricket Stadium, Visakhapatnam
<<Read Full News>>

Maharashtra Govt Signs 1st of its kind MoU with Cornell University to Set up World-Class Incubation Centre in Maharashtra to Train EntrepreneursWorld-Class Incubation Centre in Maharashtra to Train Entrepreneurs

i.On December 10, 2020 Maharashtra Govt signed a 1st of its kind Memorandum of Understanding(MoU) with Cornell University, to set up a world-class incubation centre in Navi Mumbai, Maharashtra.Maharashtra becomes the 1st state in India to set up an incubation centre.

  • This is also the first time for Cornell University to set up an incubation centre outside the US.

ii.Maharashtra Govt signed Memorandum of Understanding (MoU) with XED Institute of Management(Asia Partner for Cornell) to Launch ‘Cornell Maha 60’, an accelerator programme for entrepreneurs. It is a 1st of its kind program in India.
About Cornell University:
Headquarters– Ithaca, New York
President– Martha E. Pollack (14th president)
<<Read Full News>>

UP government launches scheme for Tharu tribe

Uttar Pradesh (UP) Government has launched a scheme whereby Tourists can live in the traditional habitats of Tharu Tribe. The scheme is aimed to create jobs, increase the economic independence of the tribal population and to put Tharu villages on Global Tourism maps. As part of scheme UP Government will connect Tharu villages in the districts of Balrampur, Bahraich, Lakhimpur and Pilibhit bordering Nepal along with the home stay scheme of the UP Forest Department.

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Current Affairs Today (AffairsCloud Today)

S.no Current Affairs 12 December 2020
1 Malayan Giant Squirrel could fall by 90% in India by 2050 ; ZSI’s 1st of its kind Survey
2 Lakshadweep becomes India’s First 100% Organic Union Territory
3 NSDC Signs MoU with BYJU’S to Support Skilling of Teachers and Trainers
4 IESA, UNIDO tie up to Boost Energy Storage Innovations in India
5 Government launches Viability Gap Funding (VGF) Scheme to boost India’s Infrastructure
6 4th Indian Mobile Congress 2020 held Virtually; Co-organised by the Department of Telecommunication (DoT) and COAI
7 IndUS Entrepreneurs (TiE) Global Summit-2020 held Virtually from December 8-10, 2020
8 Sports Minister Kiren Rijiju announces establishment of 1000 Khelo India Small Centres
9 India drops to 2nd Position in BNEF’s 2020 Climatescope survey; Chile grabs the top spot
10 17th International Inter-Ministerial Conference on South-South Cooperation in Population and Development held Virtually; Harsh Vardhan Participated
11 26th Edition of DST-CII Technology Summit between India, Portugal held virtually from December 7-9, 2020
12 RBI Released Draft Guidelines for NBFCs’ Dividend Payouts: December 2020
13 Equitas Small Finance Bank Ltd Launches 3 in 1 Account(savings +trading+ demat)
14 IRDAI Standardised Health Policies For Robotic And Bariatric Surgeries
15 Raj Kamal Jha for his Novel ‘The City and the Sea’ Wins 3rd Edition of Rabindranath Tagore Literary Prize 2020
16 Judo Practitioners Sabrina Filzmoser of Austria and Flavio Canto of Brazil Appointed as ‘IJF Climate Ambassadors’
17 DRDO designed submachine gun ‘5.56X30 mm JVPC’ undergoes successful Trials
18 Ischaemum janarthanamii: A New Species of Indian Muraingrasses Discovered in Goa by ARI Researchers
19 International Mountain Day 2020 – December 11
20 UNICEF Day 2020 – December 11
21 AP CM Jagan Mohan Reddy launches ‘Jagananna Jeeva Kranthi’ scheme – distribution of sheep, goats to women
22 Maharashtra Govt Signs 1st of its kind MoU with Cornell University to Set up World-Class Incubation Centre in Maharashtra to Train Entrepreneurs
23 UP government launches scheme for Tharu tribe