Current Affairs Daily Digest: December 12, 2016
The Current Affairs Daily Digest for December 12, 2016 with important tid-bits on current affairs.
National Current Affairs
PM inaugurates India’s largest cheese plant in Banaskantha district
- Prime Minister Narendra Modi inaugurated a cheese plant of Banaskantha Cooperative Milk Producers Union (Banas Dairy) at Deesa in Gujarat. The event marked the launch of the celebration of the Golden Jubilee year of Banas Dairy (part of AMUL brand).
Government to give 90% subsidy for starting community radio stations in northeast
- The Union government is planning to provide 90% subsidy for starting community radio stations in the northeastern states and 75% in other states. As per the present rules, Government gives a subsidy of 50% up to a limit of Rs 7.5 lakh for starting community radio stations. Besides, Government is also planning to start new dedicated Doordarshan channel for the northeastern states from January 2017.
MP organises India’s biggest and first ever crop insurance claim distribution programme
- Madhya Pradesh had organised country’s biggest and first ever crop insurance claim distribution programme under Prime Minister Crop Insurance Scheme in Ujjain district. In this programme, insurance claims worth Rs 4,416 crore were distributed to 20.4 lakh farmers of the state. Farmers who had lost kharif crop in 2015 due to natural calamities are benefited under PM Crop Insurance Scheme.
India, Indonesia sign three agreements to enhance strategic partnership
- India and Indonesia have signed three agreements in various areas including fishing, standardization and youth affairs and sports to enhance strategic partnership. These agreements were signed after delegation level talks between Prime Minister Narendra Modi and visiting President of Indonesia Joko Widodo in New Delhi.
EU, Mali sign agreement to return migrants
- The European Union signed agreement with the Mali to return of migrants who have reached Europe’s shores, and whose asylum requests have been refused. It seeks to address root causes of illegal migration and to enable the return from Europe of Malian migrants. The agreement came after EU agreed to set up a 1.8-billion-euro fund to help address the root causes of migration.
Pakistan appoints Naveed Mukhtar as new ISI chief
- Lt Gen. Naveed Mukhtar was appointed as new chief of Pakistan’s powerful spy agency Inter-Services Intelligence (ISI). He will replace Lt Gen. Rizwan Akhtar. Lt Gen. Naveed Mukhtar possesses a vast experience in the field of intelligence and has headed the counter-terrorism wing of ISI.
China provides Rs 15.80 billion to Nepal for reconstruction
- China has provided 15.80 billion Rupees to Nepal for post-quake reconstruction activities. The Nepali Cabinet has decided to accept the grants provided by China.
Persons in News
Paolo Gentiloni named as Italy’s new Prime Minister
- Paolo Gentiloni has been named as Italy’s new Prime Minister. His appointment comes after reformist leader and former PM Matteo Renzi resigned in wake of the referendum defeat. Earlier, Gentiloni had served as the Foreign Minister under Renzi. His new government will guide Italy to elections due by February 2018.
Bill English sworn in as New Zealand Prime Minister
- Governing National Party’s Bill English sworn in as new Prime Minister of New Zeland. He succeeded John Key who had resigned citing personal reasons. Prior to this, he is Finance Minister and Deputy Prime Minister. Besides, Social housing Minister Paula Bennett sworn in as Deputy Prime Minister.
Akshaykumar Kale elected President of 90th Akhil Bharatiya Marathi Sahitya Sammelan
- Writer and scholar Akshaykumar M Kale was been elected as the President of the 90th Akhil Bharatiya Marathi Sahitya Sammelan. He is a critic of modern Marathi poetry. He was professor and head of Marathi Department at RTM Nagpur University.
Viola Desmond becomes first Canadian woman to appear on banknote
- Civil rights activist Viola Desmond created history by becoming the first Canadian woman to appear on the face of a banknote. She will replace Canada’s first Prime Minister, Sir John A Macdonald from the $10 bill which will go into circulation in 2018. Desmond is a well-known black civil rights leader and successful businesswoman. She had fought against racism in Canada in the 1940s. She died in 1965.
Business and Economy
DGAD recommends anti-dumping duty on steel pipes from China
- The Directorate General of Anti-Dumping and Allied Duties (DGAD) has recommended imposition of definitive anti-dumping duty on imports of steel tubes and pipes from China in an attempt to safeguard the domestic industry from cheap imports. These pipers are used in oil and gas exploration.
Pulkit Trivedi Facebook India’s new Industry Director
- Pulkit Trivedi was appointed as industry director of Facebook’s-commerce, retail, travel and financial services verticals. Previously, he was working for Google India as Head of Industry, eCommerce since April 2012. He has rich experience of 18 years and has worked with Microsoft, IBM and HCL in past.
Cyrus Mistry removed as Tata Industries director
- Cyrus Mistry was removed as director of Tata Industries following shareholders’ vote. Tata Industries is a subsidiary of Tata Sons. Mistry had joined the Board of Tata Sons, India’s largest conglomerate in 2006 and was appointed Chairman of its Board in December 2012. In October 2016, he was sacked as Chairman of Tata Group and was replaced by his predecessor Ratan Tata in the interim.
Oil prices soar as non-OPEC producers agree on caps
- Oil prices in international market shot up by 4% to their highest level since 2015. The international benchmark for oil prices Brent crude futures soared to US$57.89 per, highest level since July 2015. The price rise was seen after OPEC and other producers reached their first deal to jointly reduce output to rein in oversupply and prop up the market.
Science and Technology
ISRO signs deal for first privately built satellite
- The Indian Space Research Organisation (ISRO) has signed a contract with consortium of six private companies to deliver India’s first industry-built satellite by late 2017. This is the first time that ISRO has outsourced an entire satellite to industry. The contract signed includes assembly, integration and testing (AIT) of two spare navigation satellites consecutively in around 18 months.
China launches Fengyun-4 satellite
- China has successfully launched Fengyun-4 satellite, first of its new generation advance weather forecasting satellites into geostationary orbit. It was launched onboard of Long March-3B carrier rocket from the Xichang Satellite Launch Center in Sichuan Province.
Motera’s Sardar Patel Cricket Stadium set to become largest in the world
- The Sardar Patel Cricket Stadium (popularly known as Motera Stadium) in Ahmedabad is set to become the world’s largest seating capacity cricket stadium. For increasing capacity the Gujarat Cricket Association (GCA) has handed the stadium’s renovation project to Larsen and Turbo (L&T). The renovated stadium will have seating capacity of about 1,10,000 people from current 54,000 people. It will surpass the Melbourne Cricket Ground, which has a capacity of 1,00,024 people.
Iqbal Sayed becomes first Indian to win medal at Mr. Olympia Amateur Event
- Mumbai-based Civil Engineer Iqbal Sayed became first Indian to win a medal at the Mr Olympia Asia 2016’s Classic Bodybuilding category. He has won a silver medal in the event held in Hong Kongbeating participants from 20 countries.
Dipa Karmakar’s autobiography to be co-authored by her coach Bishweshwar Nandi
- Gymnast Dipa Karmakar’s coach Bishweshwar is going to co-author her memoir titled: “Dipa Karmakar: The Small Wonder”. Dipa Karmakar had made India proud at the Rio Olympics with her performance in the field of gymnastics. Her autobiography will have many untold stories of struggle and triumph. It will also have archival photos from her private album as well as competition photos from the Olympics and Commonwealth Games.
Categories: Daily Current Affairs