1.Maharashtra’s Chief Minister Devendra Fadnavis has launched a unique initiative called ‘State of Maharashtra’s Agribusiness and Rural Transformation’ (SMART) on 5 December 2018.The aim of the ‘SMART’ initiative is to revamp agricultural value chains, with a special focus on marginal farmers across 1,000 villages.The initiative is assisted by the World Bank.
2.The ‘Global Economic Outlook’ was released by Fitch Ratings on 6 December 2018.The report estimated India’s GDP growth to be 7% and 7.1% in financial years 2019-20 and 2020-21 respectively.It estimated GDP growth for current fiscal to be 7.2%.Indian economy grew 6.7% in 2017-18 fiscal.In September 2018, the rating agency had forecast 2019-20 and 2020-21 GDP growth at 7.3%
3.Asian Development Bank (ADB) has entered into Alternative Procurement Arrangement (APA) with the World Bank on 6 December 2018.The new arrangement allows co-financed projects to be implemented more efficiently by applying a single framework for the whole project.It will reduce transaction costs for ADB’s clients.
4.The Union Cabinet approved the Agriculture Export Policy on 6 December 2018.The new policy aims to double India’s farm exports to $60 billion by 2022It is aimed at boosting exports of agriculture commodities such as tea, coffee and rice and increase the country’s share in global agri-trade.The policy is also expected to provide an institutional mechanism to tackle market barriers,
5.International Civil Aviation Day is observed every year on 7 December.The purpose of the day is to raise awareness of the importance of international civil aviation to the social and economic development of States.For 2018, the theme of the day is ‘Working Together to Ensure No Country is Left Behind’.
ARM FORCE FLAG DAY : 7TH Dec.The aim of the day is to honour the martyrs as well as men and women in uniform, who valiantly fight on borders to safeguard India.The ‘Armed forces Flag Day Fund’ (AFFDF) has been constituted by the Government of India for the welfare and rehabilitation of the Ex-Servicemen (ESM) community.
6.The Union Cabinet has approved the implementation of ‘Shahpurkandi Dam Project’ in Punjab on Ravi river.Implementation of this project would help in minimising the wastage of water of the Ravi river.On completion of the project, an additional Irrigation Potential of 5000 hectares in Punjab and 32173 hectares in J&K would be created.The project would be completed by June 2022.
7.The Indian Coast Guard (ICG) conducted the Regional Level Marine Oil Pollution Response Exercise titled ‘Clean Sea 2018’ at Port Blair on 6 December 2018.Coast Guard ships Viswasth, Vijith, Rajveer, Rajshri, and Chetak helicopters participated in the exercise.The ICG is the designated authority for oil spill response in Indian waters.ICG comes under the Ministry of Defence.
8.A National Challenge for Youths named ‘Ideate for India – Creative Solutions using Technology’ was launched on 6 December 2018.The aim of this challenge is to give school students across the country a platform and opportunity to become solution creators for the problems.The Challenge has been designed and launched by the National e-Governance Division, Ministry of Electronics & IT.
9.UN Secretary-General Antonio Guterres has launched a new framework to combat international terrorism.The name of the framework is ‘UN Global Counter-Terrorism Coordination Compact’.It will replace the ‘Counter-Terrorism Implementation Task Force’.It is an agreement between the UN Chief, 36 organisational entities, INTERPOL and the World Customs Organisation.
10.Preeti Saran has been elected to an ‘Asia Pacific’ seat on the UN’s Committee on Economic, Social and Cultural Rights (CESCR) on 6 December 2018.She was elected to the 18-member committee of experts that monitors the implementation of the International Covenant on Economic, Social and Cultural Rights (ICESR).She was the former 1982 batch Indian Foreign Service officer.
0 Comment to "ONE LINER OF THE DAY 7th DECEMBER 2018"
Post a Comment