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 The number of patents granted by India shot up by 50% in 2017, keeping up a trend of steep increases, according to the UN’s World Intellectual Property Organisation (WIPO). The patents granted by India increased from 8,248 in 2016 to 12,387 in 2017, the WIPO’s World Intellectual Property Indicators 2018 report released in Genevashowed. Globally, 1.4 million patents were granted in 2017, the report estimated.
Source: The Economic Times

 China launched the first-ever spacecraft, Chang’e 4, that will attempt landing on the far side of the Moon, which always shows the same face to Earth as it’s close enough to be locked by the planet’s gravitational field. The Chang’e-4 mission will see a static lander and rover touch down in Von Kármán crater, located on the side of the Moon which never faces Earth. The payload blasted off atop a Long March 3B rocket from Xichang Satellite Launch Center.
Source: BBC

 The state government launched an ambitious project State of Maharashtra Agribusiness and Rural Transformation (SMART) in 10,000 villages with an objective to achieve sustainable farming within the next three years. The project SMART will be assisted by the World Bank. Chief Minister of Maharashtra Devendra Fadnavis launched the project, which was followed by the signing of 50 memorandum of understandings (MoUs) between big corporates and farmers producer groups. The project will cover almost one-fourth of Maharashtra.
Source: The Indian Express

 Food and Agriculture organisation, FAO Council has approved India’s proposal to observe an International Year of Millets in 2023. Agriculture Minister Radha Mohan Singh stated that the 160th session of the FAO Council, in Rome approved the proposal. The FAO Council has also approved India’s membership to the Executive Board of the United Nations World Food Program for 2020 and 2021.
Source: News on AIR

 Team Italy won the Admiral’s Cup 2018. The ninth edition of ‘Admirals Cup’ Sailing Regatta (2018) concluded with a glittering closing ceremony at Ettikulam Beach at Indian Naval Academy (INA), Ezhimala. Team Singapore was the Runners-Up and Team USA came third. The host country team (Indian Naval Academy) finished fourthin the overall position of Admiral’s Cup 2018.
Source: Press Information Bureau

  NITI Aayog organised ‘AI 4 All Global Hackathon’ to source sustainable, innovative and technologically-enabled solutions to address various challenges in the development space, with the vision of ‘Artificial Intelligence, AI for All’.  Taking the initiative forward, NITI Aayog is now partnering with Perlin – a Singapore-based AI start up – to launch the ‘AI 4 All Global Hackathon’, and is inviting developers, students, start-ups and companies to develop AI applications to make significant positive social and economic impact for India.
Source: Press Information Bureau

 Export-Import Bank of India (Exim Bank) has extended a credit facility of USD 500 million to Tanzania for water supply projects in the country. Exim Bank signed an agreement in May 2018, with the Tanzania government for making available aGovernment of India-supported line of credit of USD 500 million for the purpose of financing water supply schemes. Under this agreement, of the total credit by Exim Bank, goods and services of the value of at least 75% of the contract price shall be supplied by the seller from India.
Source: News on AIR

 Luxembourg is set to become the first country in the world to make all public transport free, implementing the move in 2020. The move is aimed at addressing environmental issues and the problem of traffic congestion. Earlier, Luxembourg introduced free transport for all people under the age of 20.
Source: The Guardian

  A former senior Indian diplomat, Preeti Saran, has been elected unopposed to an Asia Pacific seat on the UN’s Committee on Economic, Social and Cultural Rights (CESCR). Saran was elected to the CESCR for a four-year term beginning on the 1st of January 2019. All States are obliged to submit regular reports to the committee on how the rights are being implemented. The committee examines each report and addresses its concerns and recommendations to the State party in the form of concluding observations. The panel meets in Geneva and holds two sessions per year.
Source: Air World Service

 The government appointed Dr. Krishnamurthy Subramanian as the new Chief Economic Advisor. Dr. Subramanian will have a tenure of three years. The Appointments Committee of the Cabinet has cleared his name. He is currently working as an Associate Professor at the Indian School of Business, Hyderabad. A Ph.D. from the University of Chicago Booth School of Business and a top-ranking IIT-IIM alumnus, Subramanian is one of the world’s leading experts in banking, corporate governance and economic policy.
Source: News on AIR



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