Current Affairs - December, 2019

First Mega Food Park of Central India inaugurated

Union Minister for Food Processing Harsimrat Kaur Badal inaugurated Steel Silo based Avantee Mega Food Park in Dewas, Madhya Pradesh. This is the first food park of central India. About Avantee Mega Food Park It is spread over 51 acres and has been constructed at a cost of about Rs.150 crore. About 5 thousand local Read More…

Indian Coast Guard can now legally search & seize vessels in EEZ

Union Ministry of Defence has authorized every member of Coast Guard under Coast Guard Act 1978, to visit, board, search and seize any suspicious vessel and arrest people for offences within Exclusive Economic Zone (EEZ) and continental shelf of country. The permission also includes seizing of any artificial island/ any floating or moored object/ any Read More…

Cabinet approves Bharat Bond Exchange Traded Fund

On December 4, 2019, the Cabinet approved the launch of Bharat Bond Exchange Traded Fund (BBETF) in order to allow the investors to buy government debts. The fund will allow easy and low-cost access with the smallest amount of Rs 1000. Highlights The BBETF at its initial stages will hold basket of bonds that are Read More…

Exercise Indra: Joint tri service Exercise between India and Russia

The Joint tri service exercise between India and Russia, INDRA 2019 is to be held between December 10-19, 2019 in Pune. The event is planned for 10 days between army, naval and air force forces of both the countries. Highlights The exercise is to be held in Pune and Goa simultaneously. Fighter aircrafts, company sized Read More…

National Public Procurement Conclave held in New Delhi

Union Minister of Commerce and Industry Piyush Goyal inaugurated the 3rd edition of National Public Procurement Conclave (NPPC) in New Delhi. The two-day conclave was organized by Government e-Marketplace (GeM) in association with Confederation of Indian Industry (CII). NPCC will be held from 5-6 December 2019. Key Highlights NPCC brings together a host of Buyers, Read More…