Daily Current Affairs 9th December 2020 For All Government Examinations

Daily Current Affairs 9th December 2020 For All Government Examinations

Daily Current Affairs 9th December 2020: EducationBro Provide Daily Base Current Affairs. This Most Important Daily Current Affairs Help You to Appear IBPS Banking SBI PO Clerical RRB SBI PO SSC CGL CHSL Railway and Other All Competitive Examinations.

Daily Current Affairs 9th December 2020: Education Bro Provide Every Single Day Most Important  Daily Current Affairs, Current Updates including different areas Current Affairs Updates like New Appointment, Awards, Deaths News, Banking News, Economic Update, National News, International News, State Level News, New launching Update, Summit & Conference Update, Defence News, Science & Technology Update, Sports News Updates.

Daily Current Affairs 9th December  2020: Important Daily Current Affairs Booster Help You to Appear Banking IBPS PO Clerk, SBI PO Assistant (Clerk), RRBs Scale-1 Multipurpose, SSC CHSL CGL Railways and Other Government Examinations.

 

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Invest India wins United Nations Investment Promotion Award for 2020: Quick Highlights   

The United Nations (UNCTAD) has declared Invest India- the National Investment Promotion Agency of India- as a winner of the 2020 United Nations Investment Promotion Award. The award ceremony took place on 7th December 2020 at UNCTAD Headquarters in Geneva. The award recognizes and celebrates the outstanding achievements and best practices of Investment Promotion Agencies (IPAs) across the globe. The evaluation was based on UNCTAD’s assessment of work undertaken by 180 Investment Promotion Agencies.

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Quick Highlights - Invest India wins United Nations Investment Promotion Award for 2020  

The COVID-19 pandemic has led to numerous challenges for Investment Promotion Agencies forcing them to shift focus from routine investment promotion and facilitation towards crisis management, notification of government emergency and economic relief measures, provision of crisis support services, and contribution to national COVID-19 business response efforts. All this was being done while agencies had closed offices, moved functions online and asked staff to work from home. In March 2020, UNCTAD constituted a team to monitor the response of IPAs to the pandemic. UNCTAD reported best practices from Investment Promotion Agencies in the IPA Observer publications in April and July 2020. The response of IPAs to the pandemic became the basis for the evaluation of the 2020 United Nations Investment Promotion Award.......Read More

Also Read: Education Minister Ramesh Pokhriyal Nishank to be conferred with Vatayan Lifetime Achievement Award: Quick Highlights

PM Narendra Modi lay foundation stone of New Parliament Building   

Prime Minister Shri Narendra Modi will lay the foundation stone of the New Parliament Building at Sansad Marg, New Delhi on December 10, 2020. The new building is an intrinsic part of the vision of ‘Aatmanirbhar Bharat’ and will be a landmark opportunity to build peoples’ Parliament for the first time after independence, one which will match the needs and aspirations of ‘New India’ in the 75th anniversary of independence in 2022.

The New Parliament Building will be modern, state-of-the-art and energy efficient, with highly non-obtrusive security facilities to be built as a triangular shaped building, adjacent to the present Parliament. Lok Sabha will be 3 times of the existing size and Rajya Sabha will be substantially bigger. The interiors of the new building will showcase a rich blend of Indian culture and diversity of our regional arts, crafts, textiles and architecture. The design plan includes space for a magnificent Central Constitutional Gallery, which will be accessible to the public.

The construction of New Parliament Building will utilize resource efficient green technology, promote environment friendly practices, generate employment opportunities and contribute towards economic revitalization. It will have high quality acoustics and audio-visual facilities, improved and comfortable seating arrangements, effective and inclusive emergency evacuation provisions. The building will comply with the highest structural safety standards, including adherence to Seismic Zone 5 requirements and is designed for ease of maintenance and operations.

CCI approves acquisition of certain assets of the Prestige Group by affiliates of Blackstone Group Inc.   

CCI approves acquisition of certain assets of the Prestige Group by affiliates of Blackstone Group Inc. The Competition Commission of India (CCI) approves acquisition of certain assets of the Prestige Group by affiliates of Blackstone Group Inc.

The principal activity of the Acquirers viz affiliates of Blackstone Group Inc, is that of investment holding and related activities. However, at present, they do not have any business operations, in India or worldwide. The Acquirers are affiliates of funds advised or managed by the affiliates of The Blackstone Group Inc.

The Target Entities are engaged in the business of real estate development in India. They have a diversified portfolio of real estate development projects in key segments such as residential, commercial and hospitality across several cities in India.

Detailed order of the CCI will follow.

CCI approves acquisition of shares of Odisha Power Generation Corporation Ltd (OPGC) by Odisha Hydro Power Corporation Limited (OHPC)   

The Competition Commission of India (CCI) approves acquisition of shares of Odisha Power Generation Corporation Ltd (OPGC) by Odisha Hydro Power Corporation Limited (OHPC) under Section 31(1) of the Competition Act, 2002.

OHPC is a PSU wholly-owned and controlled by the Government of Odisha. It is engaged in the business of generation of power from renewable sources namely, hydroelectric and solar power.

OPGC is a state-owned joint venture enterprise with Government of Odisha holding 51% shareholding and the remaining 49% shareholding held by AES Corporation, U.S.A through AES OPGC Holding and AES India Private Limited. It is engaged in the business of generation of power from coal based thermal power plants as well as mini hydro power projects.

The proposed combination involves the acquisition by OHPC of 49% equity shares in OPGC from AES OPGC Holding and AES India, pursuant to the Share Sale and Purchase Agreement.

Detailed order of the CCI will follow.

CMD, NHPC lays the foundation stone of head regulator works of Indo-Nepal Link Canal   

Shri A.K. Singh, CMD, NHPC, India’s premier hydropower company and a PSU under Ministry of Power, laid the foundation stone of head regulator works of Indo-Nepal Link Canal at Barrage of 94.2 MW Tanakpur Power Station of NHPC located in Banbasa, Distt. Champawat (Uttarakhand) on 8th December 2020. The 1.2 km long Indo-Nepal canal is being constructed under ‘Mahakali Treaty’ signed between India and Nepal.

PM Narendra Modi addresses India Mobile Congress 2020

Prime Minister Shri Narendra Modi delivered inaugural address at the virtual India Mobile Congress (IMC) 2020 today through video conference. The theme for IMC 2020 is "Inclusive Innovation - Smart, Secure, Sustainable”. It aims to align to the Prime Minister’s vision to promote ‘AatmaNirbhar Bharat’, ‘Digital Inclusivity’, and ‘Sustainable development, entrepreneurship & innovation’. It also aims to drive foreign and local investments, encourage R&D in the telecom and emerging technology sectors.