Current Affairs – November, 2018

Latest Current Affairs November, 2018 with Current Affairs, news summary on current events of National and International importance of November, 2018 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

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IIM Calcutta Innovation Park, ICC sign MoU for energising startup ecosystem in East and Northeast India

IIM Calcutta Innovation Park and Indian Chamber of Commerce (ICC) signed Memorandum of Understanding (MoU) for energising start-up ecosystem in East and Northeast India. The MoU will bring incubator and industry toghether in more formal way. IIM Innovation Park is currently incubating 40 start-ups with almost half from West Bengal.

Key Facts

ICC has wide industry connect which will IIM Calcutta Innovation Park to promote start-ups whom it is incubating. It will offer platform for market linkage for start-ups and promote their products and services especially from eastern and northeastern region which need greater attention in startup growth story of the country. ICC is currently working on new program that aims to offer all key services under single roof at very low cost for start-ups beginning from initial advisory, market linkage, fundraising and legal service.

Indian Chamber of Commerce (ICC)

It is premier body of business and industry in Eastern and North-Eastern India. Its membership comprises several of largest corporate groups in the country, with business operations all over country and abroad. It was established in 1925 by group of pioneering industrialists led by Mr G D Birla. It is only National Chamber of Commerce operating from Kolkata. It is also only chamber from India to win first prize in World Chambers Competition in Quebec, Canada.

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Joyce Msuya appointed as acting Executive Director of UNEP

Tanzanian national Joyce Msuya was appointed as acting Executive Director of United Nations Environment Programme (UNEP) following resignation of the executive director Erik Solheim. Solheim had quit in wake of internal audit report accused of rule-breaking UNEP. The report has accused him of gobbling up $500,000 in unnecessary and budgeted travel expenses in just 22 months.

United Nations Environment Programme (UNEP)

UNEP is voice for environment within the United Nations system. It was founded as result of United Nations Conference on Human Environment in June 1972. It is headquartered in Nairobi, Kenya. UNEP also has six regional offices and various country offices.

It is the leading global environmental authority that sets global environmental agenda, promotes coherent implementation of environmental dimension of sustainable development within United Nations system, and serves as an authoritative advocate for the global environment.

It acts as catalyst, advocate, educator and facilitator to promote wise use and sustainable development of global environment. It works with wide range of partners, including UN entities, international organizations, national governments, non-governmental organizations, private sector and civil society.

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