ISRO launched GSAT-11 satellite and put it successfully in earth orbit. It is advanced communications satellite weighing 5,854 kg is the heaviest satellite built by ISRO. It will play a vital role in providing broadband services across the country.
GSAT-11 have expected lifespan of 15 years.
The country’s largest public broadcasters All India Radio (AIR) and Doordarshan (DD) are set to improve their infrastructure, expand their coverage and strengthen their content by investing Rs 850 crore for the purpose by GoI.
Rajyavardhan Rathore is Minister for Information & Broadcasting.
India and the United Arab Emirates have signed a Currency Swap agreement. The pact allows trading in own currency and payments to import and export trade at pre-determined exchange rate without bringing in a third benchmark currency like the US dollars.
the Dirham is the currency of UAE.
According to the UN’s World Intellectual Property Organisation (WIPO), the number of patents granted by India shot up by 50 percent in 2017, keeping up a trend of steep increases. The patents granted by India increased to 12,387 from 8,248 in 2016.
China is the world leader in patent applications.
International conference on bears organized at Agra, Uttar Pradesh. The four-day conference is aimed at sharing knowledge on principles of the welfare of bears and other wild animals in zoos, sanctuaries and rescue centers. It is Hosted by Wildlife SOS.
Yogi Adityanath is Chief Minister of Uttar Pradesh.
The government has procured pulses and oilseeds worth Rs 44,142 crore at minimum support prices from farmers in the four years to 2018-19. India reported production of 25.23 million tonnes (MT) of pulses during FY 2017-18. India is net importer of oilseed.
Radha Mohan Singh is Union Agriculture Minister.
Prime Minister Narendra Modi led Appointments Committee of the Cabinet appointed A.N. Jha as finance secretary. Incumbent Hasmukh Adhia retired on 30 November. He was serving as Secretary, Expenditure Ministry of Finance, Government of India.
Appointments Committee consists of PM and Home minister only.
As per SBI research report - credit to micro and small enterprises (MSEs) has increased five times to Rs 1.23 lakh crore in the post-GST period compared to Rs 25,700 crore. The jump in credit to MSE sector bodes well regarding the formalization of India.
SBI is the largest bank in India.
India now has the second highest fintech adoption rate of 52%, only behind China’s 69%. In India, fintech industry is being encouraged by the various government initiatives such as Jan Dhan Yojana, Aadhaar and the UPI which provide a good foundation.
Arun Jaitley is Finance Minister of India.
The official history book of the Indian Navy for the decade 2001-2010, titled, 'Blue Waters Ahoy! The Indian Navy 2001- 2010' was launched by the Chief of the Naval Staff in presence of the Hon'ble President of India at Navy House.
Book is authored by Vice Admiral Anup Singh.