VISION

 What is the issue?

• Over the past 20 years, China and India have been competing with each other to build hydroelectric dams in the Himalayas.
• Planning hydropower projects in the ecologically fragile and seismically vulnerable area is placing the region at great risk.

What is China’s recent proposal?

 Vision IAS November 2020 Monthly Current Affairs PDF

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1)  National Energy Conservation Day: 14 December

•The National Energy Conservation Day is celebrated every year on 14 December by Bureau of Energy Efficiency (BEE), under Ministry of Power. The day is celebrated to raise awareness among the general public about the importance of energy conversation and energy efficiency, as well as holistic development for overall effort towards climate change mitigation.

2)  PM Modi delivers inaugural address at FICCI’s 93rd Annual General Meeting

•Prime Minister Narendra Modi has delivered the inaugural address at FICCI’s 93rd Annual General Meeting (AGM) and Annual Convention via video conferencing. Federation of Indian Chambers of Commerce and Industry (FICCI) has organised the convention from December 11 to 14, 2020. The theme for the FICCI 93rd AGM is ‘Inspired India’. The Prime Minister also inaugurated the virtual FICCI Annual Expo 2020. It was started from 11 December 2020 and will continue for a period of a whole year.

3)  5th India – Myanmar bilateral meeting on Drug Control Cooperation

•The Narcotics Control Bureau (NCB), India and the Central Committee on Drug Abuse Control, Myanmar conducted the 5th edition of the India- Myanmar Bilateral Meeting on Drug Control Cooperation. The Indian delegation was led by the Director-General Narcotics Control Bureau, Shri Rakesh Asthana. The Myanmar delegation was led by Pol. Brig. Gen. Win Naing. the Commander of the Drug Enforcement Division (DED) cum Joint Secretary of the Central Committee for Drug Abuse Control.

4)  India and Uzbekistan inks 9 Agreements to strengthen strategic partnership

•Indian Prime Minister Narendra Modi and Uzbekistan President Shavkat Mirziyoyev co-chaired the virtual Summit held between the two countries, to strengthen strategic partnership among them. The Government of India also approved a US $448 million Line of Credit for four developmental projects in Uzbekistan in the fields of road construction, sewerage treatment and information technology.

India and Uzbekistan signed nine Agreements and Memorandum of Understandings (MoUs) in various areas including in the field of:

1.Solar Energy

2.Digital Technologies

3.High Impact Community Development Projects

4.Trade, Economic and Investment Cooperation

5.Defence and Security

6.Civil Nuclear Energy

7.Connectivity

8.Culture, Education and People-to-People Contacts

9.Terrorism

5)  India and Austria inks MoU on Technology Cooperation

•The Ministry of Road Transport and Highways (MoRTH) signed a Memorandum of Understanding (MoU) with the Federal Ministry of Climate Action, Environment, Energy, Mobility, Innovation and Technology of the Republic of Austria on Technology Cooperation in the Road Infrastructure Sector. The MoU will further strengthen ties, promote long-standing bilateral relations and enhance trade and regional integration between the two countries.

6)  ISRO to launch communication satellite CMS-01

•Indian Space Research Organisation (ISRO) will launch a communication satellite CMS-01, formerly named GSAT-12R, on December 17, using its Polar Satellite Launch Vehicle (PSLV) rocket’s XL variant numbered as PSLV-C50. The CMS-01 will be a replacement for GSAT-12 that weighed 1,410 kg and was launched on July 11, 2011, with a mission life of eight years.

7)  UNESCO launches Bangabandhu award on creative economy

•UNESCO has launched an international award named after Bangabandhu Sheikh Mujibur Rahman following Bangladesh’s proposal. The UN agency’s executive board unanimously adopted the proposal on UNESCO-Bangladesh Bangabandhu Sheikh Mujibur Rahman International Prize for the “Creative Economy” in its 210th session. This is the first time a UN agency launched an award named after Bangabandhu.

8)  RBI to set up Automated Banknote Processing Centre in Jaipur

•The Reserve Bank of India (RBI) has decided to set up an Automated Banknote Processing Centre (ABPC) in Jaipur for the receipt, storage and dispatch of currency notes. The functions of the ABPC will also include processing of banknotes received from currency chests (CCs) and bank branches and destruction of soiled banknotes in an automated manner. The volume of banknotes in circulation has increased three-fold from March 2001 to March 2019 and is expected to rise further in the years to come.

9)  BSE launches e-agricultural spot market platform ‘BEAM’

•Bombay Stock Exchange (BSE) Ltd. has launched an electronic spot platform, “BSE E-Agricultural Markets Ltd (BEAM)”, for agricultural commodities through its subsidiary BSE Investments Ltd. The platform aims to boost the competitiveness of the Indian agricultural market by enhancing the strength of the BSE in financial markets, market technology and its vibrant ecosystem.

10)  Max Verstappen wins 2020 Abu Dhabi Grand Prix

•Max Verstappen (Red Bull – Netherlands) won the season-ending Abu Dhabi Grand Prix 2020, held in Abu Dhabi, United Arab Emirates. This was his second victory of the season and 10th victory of his career. The race was the 17th and final round of the 2020 Formula One World Championship. Valtteri Bottas (Mercedes-Finland) stood second, followed by world champion Lewis Hamilton (Mercedes-Great Britain) at third place.

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