 Since 1949, 07 December is observed as Armed Forces Flag Day throughout India to honour the martyrs as well as men and women in uniform, who valiantly fight on our borders to safeguard the country’s honour. 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. The fund collection throughout the country is managed by local arms of the Kendriya Sainik Board, which is part of the Ministry of Defence. |
| Source: Press Information Bureau |
 The Union cabinet approved an export policy for agriculture, lifting all restrictions on organic and processed food, to help the government’s efforts to double farmers’ income by 2022. The ‘Agriculture Export Policy, 2018’ seeks to double farm exports to $60 billion by 2022 from $30 billion currently and will invest 1,400 crore to set up specialised clusters in different states for different produce to push exports. Policy for sensitive farm goods such as onions will be reviewed from time to time. |
| Source: The Economic Times |
 Kolkata-Patna is India’s new Inland Water Transport (IWT) origin-destination pair for containerised cargo movement on the National Waterway-1. After the success of container cargo being shipped from Kolkata to Varanasi earlier this year, Bihar’s capital Patna will be witness to a new landmark in India’s IWT sector. The Ministry of Shipping is developing NW-1 (River Ganga) under Jal Marg Vikas Project (JMVP) from Haldia to Varanasi (1390 Km) with the technical and financial assistance of the World Bank at an estimated cost of Rs 5369 crore. |
| Source: Press Information Bureau |
 On the 62nd death anniversary of B R Ambedkar, Social Justice and Empowerment minister Thaawarchand Gehlot launched the website of a first-of-its-kind media school, Dr. Bhim Rao Ramji Ambedkar School Of Media Empowerment (ASME), to train Dalit and tribal youth in journalism. The media school, ASME supported by the Indian Institute of Mass Communication (IIMC), will have its branches in Pune, Assam, Uttarakhand, and other regions. The Punebranch will begin shortly. |
| Source: The Business-Standard |
 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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