GUJARAT

Japan’s Soft Bank Group to invest Rs 30,000 crore in Gujarat

Japan’s leading SB Energy Soft Bank Group will invest 4 billion USD (approximately Rs 30,000 crore) in the power generation sector in Gujarat.
The group will invest this money for generating energy through non-conventional sources.

A state government statement said that the group’s announcement is a reflection of the robust policies of the Gujarat government to promote energy generation through non-conventional sources like solar and wind power.
The Japanese group has made a total investment of 11 billion USD in India.
In the coming years, Gujarat aims to enhance its power generation capacity substantially using solar and wind resources that would not just meet the requirements of Gujarat, but also of other states of the country.
Gujarat’s existing power generation capacity using renewable energy is 8,885MW.
The government has chalked out a plan to enhance Gujarat’s renewable energy generation capacity to 30,000MW by 2022. Of these 30,000MW, 20,000MW will be utilised in Gujarat, while remaining 10,000MW will be given to other states.

INTERNATIONAL

International Tea Day 2019

The United Nations (UN) has declared May 21 as International Tea Day on the recommendations of India, however, this day is celebrated on December 15 Every Year.

The proposal was made by India at the International Food and Agriculture Organization’s (FAO) Intergovernmental Group meeting held in Milan 4 years ago.

The United Nations General Assembly has also recognized the tea’s medicinal properties as well as cultural importance.

The season of quality tea production starts in May only in most of the tea producing countries.

Bangladesh celebrated 49th Victory Day on 16 December

Bangladesh celebrated its 49th Victory Day on 16 December 2019. The event marks the day when Bangladesh attained liberation from Pakistan and became an independent nation in 1971. It became a nation under the leadership of Bangabandhu Sheikh Mujibur Rahman.

On this day, President of Bangladesh Abdul Hamid and Prime Minister Sheikh Hasina paid tributes to the martyrs of the Liberation War and placed wreaths at the National Mausoleum in Savar.

A Victory Day Parade by the armed forces of Bangladesh was held.

The second 2 plus 2 dialogue between India and the US to be held on 18 December

The second 2+2 dialogue between India and the US has been scheduled to be held on 18 December 2019 in Washington, the US. Both countries are expected to take stock of the entire range of strategic ties between the two countries. The information was announced by the Ministry of External Affairs. The Indian side will be represented by Minister of external affairs S Jaishankar and defence minister Rajnath Singh.

The first round of the meeting on the 2+2 Ministerial Dialogue was held in New Delhi in September 2018. The dialogue focused on the need to uphold the peaceful resolution of territorial maritime disputes. It also aimed to promote market-based economics, fundamental rights, supporting good governance, and liberties and to prevent external economic coercion.

NATIONAL

Greta Thunberg was named as the 2019 Person of the Year by TIME magazine

The news magazine Time has named the teenage climate activist Greta Thunberg in 2019 Person of the Year. She was named as she inspired millions of people in 150 countries to protest climate change. She has also delivered blunt and powerful speeches to leaders urging them to address the issue.

The 16-year-old is a Swedish environmental activist on climate change. In 2018, she became kn0own for her activism as she spent her school days outside the Swedish parliament to call for stronger action on global warming.

Vijay Diwas is celebrated on 16 December

Vijay Diwas is celebrated on 16 December every year. The day aims to commemorate the victory of India over Pakistan in 1971. The day also a remembrance of the brave soldiers of India and Mukti Joddhas who sacrificed their lives for a noble cause.

o mark the day, a wreath-laying ceremony was held at Vijay Smarak at Fort William the Head Quarters of Eastern Command in Kolkata, West Bengal.

India organizes an International Seminar on Climate Smart Farming Systems

The International Seminar on Climate Smart Farming Systems for BIMSTEC countries began on 11 December 2019. It will be held from 11-13 December in New Delhi. The seminar was inaugurated by Dr. Trilochan Mohapatra, Secretary DARE.

It is organized by the Department of Agricultural Research & Education, Ministry of Agriculture & Farmer’s Welfare and Indian Council of Agricultural Research (ICAR).

Cabinet approved the 2019 Aircraft Amendment Bill

The Cabinet chaired by Prime Minister Narendra Modi approved the introduction of the Aircraft (Amendment) Bill, 2019. The Bill amend the Aircraft Act, 1934 (XXII of 1934).

The bill will enhance the maximum limit of fine from the existing Rs.10 lakh to Rs.1 crore.

It will include the regulation of all areas of air navigation to the Aircraft Act, 1934.

It will fulfill the requirements of the International Civil Aviation Organisation (ICAO) by enabling the three regulatory bodies in the Civil Aviation sector in India to become more effective.

Rajya Sabha passed the 2019 International Financial Services Authority Bill

Rajya Sabha passed the International Financial Services Authority Bill, 2019. The Lok Sabha passed the Bill on 11 December. It is expected that IFSCs will provide Indian companies easier access to global financial markets and also enable the development of financial markets in India.

The bill aims to set up world-class unified regulator for international financial services combining powers and functions of Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority (IRDAI) And Pension Fund Regulatory and Development Authority (PFRDA).

The authority comprises a chairperson and one member each nominated by the RBI, SEBI, IRDAI, and PFRDA.

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