 The government has launched the 4th round of Regional Connectivity Scheme – UDAN (Ude Desh Ka Aam Nagrik) to further enhance the connectivity to remote and regional areas of the country. The focus in this round will be North East Region, Hilly States, Jammu and Kashmir, Ladakh and Islands. The scheme was launched in October 2016, which seeks to provide connectivity to un-served and under-served regions through the revival of existing airstrips and airports. |
| Source: The News on AIR |
 Barcelona forward Lionel Messi has won the Ballon d’Or award for the world’s best player for a record 6th time. It is the 32-year-old Argentine’s first Ballon d’Or since 2015 and comes after he scored 54 times for club and country in 2018-19, in which Barca won La Liga. Virgil van Dijk was second-one of four Liverpool players in the top seven, including Sadio Mane in fourth. Juventus and Portugal forward Cristiano Ronaldo, who has won the award five times, was third in the voting. |
| Source: The DD News |
 Walmart India, in partnership with HDFC Bank, launched a co-branded credit card exclusively for members of its Best Price Modern Wholesale “B2B Cash & Carry” stores, offering “free credit up to 50 days. The card is being supported by Diners Club International which has acceptance of its own membership card in 185 countries. |
| Source: The Livemint |
 The Asian Development Bank (ADB) has agreed to advance a loan of US $206 million to develop water supply and sewerage infrastructure in Tiruchi and other cities in Tamil Nadu. It will also strengthen the capacities of Urban Local Bodies (ULBs) for improved service delivery. The project initiatives are also expected to help the state develop the requisite ecosystem for economic growth. The project will target cities namely Ambur, Tiruchirappalli, Tiruppur, and Vellore for developing sewage collection and treatment and drainage systems. Improvement to water supply systems would be targeted in the cities of Madurai and Tiruppur. |
| Source: The News on AIR |
 The International Finance Corporation (IFC), a unit of the World Bank Group, has anchored an investment round of $200million in Mahindra & Mahindra Financial Services Limited (MMFSL). Mahindra & Mahindra Financial Services Limited (MMFSL) is a Rural NBFC (Non-Banking Financial Company) with the objective to create a ‘pool’ specifically for financing micro, small and medium enterprises (MSMEs) in low-income states. IFC is investing $75 million from its own account and mobilizing another $125 million as parallel loans. At the same time, Mahindra Finance has committed to invest $225 million in this fund. At least $ 100 million of this would be for women-owned MSMEs & it will be supported by blended finance from the IFC-Goldman Sachs’ Women Entrepreneurs Opportunity Facility. |
| Source: The Livemint |
 India successfully test-fired its indigenously developed surface-to-surface nuclear-capable Prithvi-II missile off Odisha coast. The Strategic Forces Command of the Indian Army conducted the user trial of the 350 km range missile from a mobile launcher from launch complex-3 of the Integrated Test Range at Chandipur. The missile weighs about 4,600 kg, is capable of carrying 500 to 1000 kilograms of warheads and is thrust by liquid propulsion twin engines. The 9 meters tall, single-stage liquid-fueled Prithvi-II is the first missile to have been developed by the DRDO under the Integrated Guided Missile Development Programme. This missile is developed under the joint collaboration of Defence Research and Development Organization and Bharat Dynamics Limited, the missile was first test-fired on 27 January 1996. |
| Source: The News on AIR |
 Baskar Menon, Veteran Journalist in the Press Trust of India (PTI) passes away. He was the Regional Manager in the south division of the PTI. He has also handled many crucial news like the assassination of former Prime Minister (PM) of India, Rajiv Gandhi in the year 1991. |
| Source: The Times of India |
 The 35th anniversary of Bhopal Gas Tragedy is being observed across the country. It is one of the world’s worst industrial disaster that claimed thousands of lives on the night of December 2, 1984. The disaster took place in a pesticide production plant, named the Union Carbide India Limited (UCIL). The leak of 40 tonnes of deadly methyl isocyanate gas on the intervening night of December 2 and 3, 1984. The gas cloud killed 3,787 people in and around Bhopal, according to Madhya Pradesh government’s estimates. However, other reports suggest the actual death tally to be anywhere between 16,000 and 30,000, and the injury count close to 500,000. |
| Source: The Indian Express |
 Star wrestlers Vinesh Phogat and Sakshi Malik registered convincing wins in the finals to claim gold medals at the Senior Wrestling National Championships in Jalandhar, Punjab. While Phogat beat 20-year-old Haryana’s Anju 7-3 in the 55kg category, Olympic bronze medallist Malik defeated Radhika of Haryana 4-2 in the 62kg category. |
| Source: The News on AIR |
 The inauguration ceremony of the 13th South Asian Games (SAG), a multi-sport event, has started at the newly constructed Dasharath Stadium in Kathmandu, Nepal. A cultural presentation showcasing the rich traditional heritage of Nepal. During 10 days biggest sporting event of South Asia, 2715 athletes compete for 1119 medals including 319 Gold in 26 game categories. India is represented by 487 athletes. The closing ceremony will be held on 10th December. |
| Source: The News on AIR |
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