Daily Current Affairs - 21.12.2016

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December 22: National Mathematics Day

India surpasses Britain to become world's

sixth-largest economy: Forbes magazine

Japan approves biggest defence budget

China launches TanSat satellite to monitor

global carbon emissions

6The National Mathematics Day is observed every year

on 22nd December to celebrate birth anniversary of

great Indian autodidact Mathematician Srinivasa

Ramanujan.

6This year, it is 129th birth anniversary of Srinivasa

Ramanujan.

6The National Mathematics Day was instituted in 2011 by

the Union Government to celebrate Ramanujan's 125th

birth anniversary.

6According to report published in Forbes magazine, India

has surpassed its colonial masters United Kingdom to

become world's sixth-largest economy in GDP terms for

first time after nearly 150 years.

6Following the change in the rankings, India's economy

now stands behind the United States, China, Japan,

Germany and France.

6India has managed to overtake UK owing to Britain's

recent Brexit-related problems and its rapid economic

growth followed by downslide in the value of the pound.

6UK's economy is expected to grow by 1.8% in 2016 and

slow down to 1.1% in 2017.

6Its economy and currency are struggling since it voted to

leave lucrative common market of European Union.

6Whereas, India's economy maintained its growth around

7% primarily due to price slump in global commodities,

good rainfall, lower-than-expected inflation, reforms

undertaken by Government to spur growth.

6Prime Minister Shinzo Abe's cabinet approved approved

5.13 trillion yen ($43.6 billion) in defence spending for

the fiscal year starting in April 2017.

6It is Japan's highest annual defence budget announced

so far. It is up by 1.4% from the initial budget for the

current fiscal year.

6Now it will be sent to Parliament (Diet) for debate and

approval.

6China successfully launched TanSat, a global carbon

dioxide (CO2) monitoring satellite to understand the

effects of climate change.

6It was launched on board of Long March-2D rocket from

Jiuquan Satellite Launch Centre in northwest China's

Gobi Desert. It was the 243rd mission of the Long March

series rockets.

6With this, China became third country after Japan and

United States to have its own satellite to monitor

greenhouse gases (GHGs).

6TanSat will thoroughly examine global CO2 levels every

16 days, accurate to at least 4 ppm (parts per million).

6It weighs 620-kg and will be located in sun synchronous

orbit about 700 kms above the earth. It has three-year

mission life.

6According to report submitted by Parliamentary

Standing Committee on Science and Technology, there

is alarming rise in forest fires across India.

6It says that the number of forest fires have touched

24,817 in 2016 from 15,937 fires in 2015. It shows

alarming rise 55% in the past year.

6The report primarily focuses on the prevention and

containing of fires in the Himalayan forests spread

across Himachal Pradesh, Uttarakhand and Jammu and

Kashmir.

6Replacing pine reserve forests areas with “broad-leaf”

plants. Procurement of sweeping machines to clear

roadsides of Chir pine needles.

Parliamentary committee report highlights

alarming rise in forest fires

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India ranks 4th in 2016 Global Wind Power

Installed Capacity Index

India and Kyrgyzstan sign 6 agreements in

various fields

Signed Agreements are

Renowned Tamil poet Thiruvalluvar's statue

unveiled in Haridwar

6India ranked 4th in the Global Wind Power Installed

Capacity index with cumulative installed wind power

generation capacity of 25,088 MW in 2015.

6The index was released was released as part Global

Wind Report: Annual Market, flagship publication of the

Global Wind Energy Council (GWEC).

6The index was topped by China, followed by US and

Germany with cumulative installed wind power

generation capacity of 145362 MW, 74471 MW and

44947 MW respectively.

6India and Kyrgyzstan have signed six Memoranda of

Understanding (MoU)/ Agreements including in the fields

of tourism, agriculture and food industry etc.

6These agreements were signed after delegation level

talks between Prime Minister Narendra Modi and visiting

President of Kyrgyzstan Almazbek Sharshenovich

Atambayev in New Delhi.

6MoU on cooperation in the field of Tourism

6MoU in the field of cooperation in youth exchange.

6MoU on cooperation in the field of Youth development

6MoU on exchange of information on training programmes

of diplomats.

6Agreement on cooperation in the field of Agriculture and

Food Industry.

6MoU on cooperation in the field of Broadcasting and

exchange of audiovisual programmes.

6The 12-foot-tall stone statue of renowned Tamil poet and

philosopher-saint Thiruvalluvar was inaugurated at Mela

Bhawan in Haridwar, Uttarakhand by Chief minister

Harish Rawat.

6The process introducing Thiruvalluvar statue in

Uttarakhand was initiated by former Bharatiya Janata

Party (BJP) MP from Uttarakhand Tarun Vijay.

6Initially the statue was planned for installation on the

banks of Ganga River at Har ki Pauri in Haridwar in June

2016 but it was delayed after it faced opposition from

priests and saints.

Hong Kong revokes visa-free entry to Indians

6Hong Kong, a China-administered special territory has

decided to withdraw visa-free facility for Indians from

January 23, 2017.

6This decision was taken on the ground to prevent illegal

immigration as number of Indian asylum seekers was

on the rise. Over half a million Indians visit Hong Kong

for business, trade and holidays.

6Under the new rules, Indian travellers will have to

complete a pre-arrival registration.

6Such pre-registration would not be necessary for those

transiting through the Hong Kong airport without leaving

the airport transit area.

Union Cabinet approves creation of Indian

Enterprise Development Services

6The Union Cabinet gave its approval to the Cadre

review and formation of a new service in the name of

Indian Enterprise Development Services (IEDS).

6The IEDS will be created in the Office of Development

Commissioner (MSME), Ministry of Micro, Small and

Medium Enterprises (MSME).

6Its creation will help to strengthen the organization and

to achieve the vision of Startup India, Stand-up India

and Make in India.