Daily Current Affairs 1st December, 2023

Daily Current Affairs 1 December for Banking/Insurance/SSC and other related exams.

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NATIONAL NEWS

PM Inaugurates 10,000th Jan Aushadhi Kendra at AIIMS Deoghar
Prime Minister Narendra Modi marked a significant milestone in the healthcare sector by inaugurating the 10,000th Jan Aushadhi Kendras at AIIMS, Deoghar. This event also witnessed the launch of an ambitious program aimed at increasing the number of Jan Aushadhi Kendras in the country from 10,000 to 25,000.

  • Additionally, the Prime Minister unveiled the Pradhan Mantri Mahila Kisan Drone Kendra, reflecting a holistic approach to healthcare and agricultural prosperity.

India Bolsters Naval Strength with $5 Billion Aircraft Carrier to Counter China
India is set to reinforce its naval capabilities with the addition of a $5 billion aircraft carrier, signaling its strategic response to China’s expanding naval influence in the Indian Ocean region. The Defense Acquisition Council, headed by Defense Minister Rajnath Singh, is poised to approve the acquisition of India’s second indigenous aircraft carrier.

  • The Defense Acquisition Council is expected to greenlight the acquisition of a second indigenous aircraft carrier, costing nearly 400 billion rupees ($4.8 billion).The move is aimed at enhancing India’s naval prowess and countering China’s growing naval presence in the Indian Ocean.
  • The new carrier, which can hold at least 28 fighter jets and helicopters and displaces 45,000 tons of water — a measure of size for ships, will be flying the French Rafale jets.

Three anti-submarine warfare ships for Indian Navy launched at Cochin Shipyard
The first of the three ships in a series of eight Anti-Submarine Warfare (ASW) shallow water crafts being built by the Cochin Shipyard for the Indian Navy were launched concurrently at the shipyard premises. The ships that would be named INS Mahe, INS Malvan and INS Mangrol.

  • The Mahe class of ships will be equipped with indigenously developed, state-of-the-art underwater sensors, and are envisaged to undertake anti-submarine operations in coastal waters as well as Low Intensity Maritime Operations (LIMO) and Mine Laying Operations. The ASW SWC ships are 78 m long and displacement is approx 900 tons, with a maximum speed of 25 knots.


BUSINESS & ECONOMY

India’s Fiscal Deficit Reaches 45% of FY24 Target in 7 Months
India’s fiscal deficit between April and October in the current financial year (FY24) touched 45 per cent of the Centre’s 2023-24 target of Rs 17.87 trillion, data released said. In the corresponding period last year, the deficit was 45.6 per cent of the budget estimates for 2022-23.

  • Between April and October this year, the fiscal deficit was recorded at Rs 8.04 trillion as compared to Rs 7.57 trillion in the same period last year. In the first six months of FY24, the fiscal deficit had touched 39.3 per cent of the full-year target.
  • According to the latest estimates, the revenue gap was Rs 2.8 trillion, as compared to Rs 3.85 trillion in the same period last year. The government spending jumped to Rs 23.94 trillion, higher as compared to Rs 21.44 trillion earlier.

Blod.in Launches Blod+: India’s First On-Demand Blood Logistics Platform for Hospitals and Blood Banks
Blod.in introduces Blod+, a transformative healthcare software and logistics platform. This innovation is set to revolutionize blood management and delivery in India, addressing significant blood wastage in healthcare facilities.

  • Healthcare giants like CloudNine, Bewell, Sooriya Hospital, and IMAX Hospital, and 35+ more hospitals have adopted Blod+, highlighting its integration ease and user-friendliness. Blod+ surpasses industry norms, reducing the average sourcing time for blood from 6 hours to an average of 2 hours and 7 minutes.

Bharat Coking Coal Ltd Starts 5.0 MTPA Madhuband Washery Operations
Bharat Coking Coal Limited (BCCL), a key player under the Ministry of Coal, has achieved a significant milestone with the initiation of commercial operations at its state-of-the-art 5.0 MTPA Madhuband Washery. The washery was formally inaugurated by Union Minister of Coal, Mines, and Parliamentary Affairs, Shri Pralhad Joshi, marking a momentous occasion for the coal and steel sectors in India.

  • The facility, formally opened in March 2022 stands out for its technological advancements and logistical efficiency, solidifying its position as one of the largest Coking Coal Washeries in India.
  • The facility has undergone rigorous Load Tests, Trial Run, and Performance Guarantee Tests (PGT) to ensure its operational efficacy, showcasing BCCL’s commitment to delivering cutting-edge solutions to the coal industry.


AWARDS

Angkor Wat becomes the 8th wonder of the world
Angkor Wat temple, located in northern province of Siem Reap in Cambodia, has defeated Pompeii in Italy to become the eighth Wonder of the World. Its grandeur, architectural intricacy, and historical significance have earned it this prestigious recognition.

  • The construction of Angkor Wat involved a remarkable feat of engineering, requiring the coordinated efforts of thousands of skilled labourers. The temple’s sheer scale and intricate details are a testament to the ingenuity and craftsmanship of the Khmer people.

French government honours translator and writer Arshia Sattar
Arshia Sattar, eminent scholar of Indian literature and mythology, acclaimed translator, author, and co-founder and director of the literary residency, Sangam House, was conferred the insignia of Chevalier dans l’Ordre des Arts et des Lettres (Knight of the Order of Arts and Letters) by Thierry Mathou, Ambassador of France to India, at a special ceremony at the Consulate General of France in Bengaluru.

  • This distinction comes in recognition of her outstanding achievements in the field of literature as a translator and a writer as well as her deep commitment to the promotion of literature as the director of Sangam House.

Top French civilian honour for ISRO scientist VR Lalithambika
V R Lalithambika, former Director, Directorate of the Human Spaceflight Programme, ISRO, was conferred the top French civilian honour of Légion d’Honneur for her engagement in space cooperation between France and India.

  • The award was given to her by Ambassador of France to India, Thierry Mathou, on behalf of the French government.

Suganthy Sundararaj Honored With PRSI National Award for Healthcare Contributions
Suganthy Sundararaj, Regional Head, Public Relations, has been honoured with the PRSI National Award for Outstanding Contributions to the Public Relations Society of India and the public relations industry.

  • The Award recognizes her dedication to the communications and public relations industry and her stellar role in shaping the strategic management of the public relations function in the healthcare domain.


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