Daily Current Affairs 3rd Dec, 2024

Daily Current Affairs 3rd Dec, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 3rd Dec, 2024. It includes all Major National, International, Business and Sports related current affairs of 3rd Dec, 2024. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 3rd Dec, 2024 Current affairs test.

International News

India’s Green Commitments Highlighted at UNCCD COP16 in Riyadh

• India participated in the 16th Conference of the Parties (COP) to the United Nations Convention to Combat Desertification (UNCCD) in Riyadh, Saudi Arabia.
• Represented by Union Minister Bhupender Yadav and Haryana Chief Minister Nayab Singh Saini, the delegation showcased India’s ambitious Aravalli Green Wall Project.
• This initiative reflects India’s dedication to combating desertification alongside 197 other nations.

  Uber Introduces ‘Shikara’ Service in Srinagar
  

• Uber has launched Asia’s first water transport service, Uber Shikara, in Dal Lake, Srinagar.
• This initiative blends technology with Kashmir’s cultural heritage, offering tourists a modern yet traditional shikara ride experience.
• By enhancing accessibility, Uber aims to uplift tourism in the region.

Sri Lanka Appoints Second Female Chief Justice

• Justice Murdu Nirupa Bindushini Fernando has made history by becoming Sri Lanka’s second female Chief Justice, sworn in before President Anura Kumara Dissanayake.
• Following in the footsteps of Justice Shirani Bandaranaike, this milestone marks a significant moment in Sri Lanka’s judicial history.

National News

Telangana’s Rythu Bharosa Scheme to Aid Farmers

• The Telangana government, under Chief Minister A. Revanth Reddy, is launching the Rythu Bharosa Scheme post-Sankranti.
• It offers annual subsidies of ₹15,000 per farmer, replacing the Rythu Bandhu program.
• Agriculture Minister T. Nageshwara Rao announced that the scheme’s implementation would follow the Cabinet Sub-Committee’s report. Additionally, the government cleared ₹7,625 crore in crop loan arrears for Kharif 2023 to support farmers further.

India’s First Vertical Lift Rail Bridge: The New Pamban Bridge

• India’s first vertical lift railway sea bridge, known as the New Pamban Bridge, is set to replace the iconic 105-year-old Pamban Bridge.
• This modern infrastructure project will improve connectivity between mainland India and Rameswaram in Tamil Nadu.
• Designed with advanced features to support faster trains and enhanced safety, the bridge represents a major milestone in Indian railway development.

  PRAGATI: Transforming India’s Infrastructure Development
  

• India’s digital governance platform, PRAGATI (Pro-Active Governance and Timely Implementation), has revolutionized infrastructure development.
• Launched under Prime Minister Narendra Modi’s leadership, PRAGATI fosters collaboration among federal and regional authorities and expedites the completion of delayed projects.
• A study conducted by Saïd Business School at the University of Oxford, in partnership with the Gates Foundation, emphasizes PRAGATI’s role in overseeing $205 billion worth of projects, significantly boosting accountability and efficiency.

  Ayush Ministry’s Achievements Over the Decade Unveiled
  

• Shri Shripad Naik recently highlighted the remarkable progress made by the Ministry of Ayush over the past decade.
• Established in 2014 under Prime Minister Narendra Modi’s leadership, the Ministry has positioned India as a global leader in traditional medicine.
• It has made significant strides in public health, education, research, and economic growth.
• The Ministry aligns its initiatives with the UN Sustainable Development Goals (SDGs) and Universal Health Coverage (UHC), integrating traditional Indian medicine into mainstream healthcare systems while expanding its global reach and promoting economic sustainability.

  UNESCO Recognizes West Bengal as a Premier Heritage Tourism Destination
  

• UNESCO has declared West Bengal as a leading heritage tourism destination, underscoring the state’s efforts in promoting religious, heritage, and tea tourism.
• Chief Minister Mamata Banerjee lauded the state’s progress in enhancing iconic religious and heritage sites, which has boosted tourism and created substantial employment opportunities.
• This international recognition solidifies West Bengal’s role in India’s tourism sector.
  

  Summits & Conferences News

  World Maritime Technology Conference 2024 in Chennai

  • Chennai will host the World Maritime Technology Conference (WMTC) from December 4–6, 2024.
  • Organized by the Institute of Marine Engineers (India), this triennial event gathers global maritime experts to discuss advancements in the field.

Economy News

UPI Transactions Hit Record High in October 2024

• India’s Unified Payments Interface (UPI) achieved a record 16.58 billion transactions worth ₹23.5 trillion in October 2024, marking a 10% increase in volume and a 14% rise in value from September.
• This surge, attributed to festive season shopping, signifies a 45% year-on-year growth in transaction volume and 37% in value.

Defence News

India-Malaysia Joint Military Exercise Harimau Shakti 2024

• The 4th edition of the India-Malaysia military drill, HARIMAU SHAKTI, began on December 2, 2024, at Bentong Camp, Malaysia.
• Running until December 15, the exercise focuses on joint counterinsurgency operations in jungle terrain, in alignment with the United Nations Chapter VII Mandate.

Banking News

RBI Lifts Restrictions on Navi Finserv

• The Reserve Bank of India (RBI) removed supervisory restrictions on Navi Finserv on December 2, 2024.
• The NBFC, led by Sachin Bansal, addressed concerns over loan pricing practices and lending norms that led to restrictions in October.

Sports News

Indian Players Shine at Syed Modi 2024

• At the Syed Modi India International Super 300 tournament, PV Sindhu and Lakshya Sen ended title droughts with remarkable wins.
• Treesa Jolly and Gayatri Gopichand made history by becoming the first Indian women’s pair since 2009 to win the women’s doubles title.

Arjun Erigaisi Joins Elite Chess Club

• Grandmaster Arjun Erigaisi became the second Indian, after Viswanathan Anand, to breach the 2800 ELO rating in classical chess.
• Ranked 4th globally, this milestone highlights his exceptional performance in 2024, including individual gold and a team title at the 45th Chess Olympiad.

India Wins Bronze in eFootball at Asian Esports Games

• Pavan Kampelli, also known as ‘Mr. Tomboy,’ secured a bronze medal in eFootball at the 2024 Asian Esports Games in Bangkok.
• This achievement marks India’s first-ever podium finish in the eFootball category.

Important Days 

Rajendra Prasad Jayanti 2024 Celebrated

• India honors its first President, Dr. Rajendra Prasad, on his birth anniversary on December 3. Dr. Prasad, a freedom fighter and scholar, played a pivotal role in shaping India’s democracy.

International Day of Persons with Disabilities Observed on December 3

• December 3 marks the International Day of Persons with Disabilities, an initiative by the United Nations since 1992.
• The day emphasizes understanding disability issues, promoting inclusion, and advocating for the rights and dignity of persons with disabilities.