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DAILY DOSE 14th DEC – 2024 CURRENT AFFAIRS
1) Six new schemes have been launched by the Himachal Pradesh government.
- Chief Minister Sukhvinder Singh Sukhu launched distributed financial assistance to beneficiaries to mark two years of his government in Himachal Pradesh.
- These initiatives aim to promote natural farming, support small farmers, enhance rural incomes, and improve healthcare access.
- The government also launched the Rajiv Gandhi Natural Farming Start-up scheme. It will integrate 36,000 new farmers under the Rs 680 crore initiative.
2) India witnessed a significant rise in women’s participation in the labour force.
- The study titled ‘Female Labour Force Participation Rate: An Observational Analysis of the Periodic Labour Force Survey’ has been released.
- It showed trends in women’s involvement in the economy from 2017-18 to 2022-23.
- Rural female LFPR has increased nearly 70 per cent, from 24.6 per cent in 2017-18 to 41.5 per cent in 2022-23.
- States like Jharkhand and Bihar saw huge growth, with rural LFPR rising by 233 per cent in Jharkhand and six times in Bihar.
3) Switzerland will suspend the most favored nation (MFN) clause in DTAA with India.
- It will suspend the MFN clause in its double taxation avoidance agreement (DTAA) with India from 1 January, 2025.
- As a result of this step, the withholding tax rate on dividends paid to Indian tax residents will double from 5% to 10%.
- The decision has come after a Supreme Court ruling of 2023.
- The Supreme Court ruling clarified that the MFN clause is not automatically applicable in case a country joins the Organisation for Economic Co-operation and Development (OECD), especially if a prior tax treaty is in place.
4) Elon Musk’s net worth surpasses $400 billion, making him the first person to do so.
- The first individual to ever surpass that threshold is Musk. The stock of Tesla soared to an all-time high of $420.
- Following Musk’s appointment as co-leader of the Department of Government Efficiency, or DOGE, the company’s share price has risen 70% so far this year.
- Musk is the owner of X and the founder of SpaceX.
- A self-driving taxi was unveiled by Musk during Tesla’s “We, Robot” event.
5) PM Modi chaired the 4th National Conference of Chief Secretaries in New Delhi.
- The goal of the conference is to deepen the relationship between the central government and state governments.
- The conference’s main goals are to improve coordination and cooperative federalism in order to accelerate growth and development.
- The Conference is being attended by domain experts, chief secretaries, and senior officials from all States and Union Territories.
- “Promoting Entrepreneurship, Employment and Skilling – Leveraging the Demographic Dividend” is the theme of the fourth National Conference.
6) Francois Bayrou has been named as new Prime Minister of France.
- French President Emmanuel Macron appointed him as new Prime Minister of France after a no-confidence vote against the previous government.
- Francois Bayrou is the fourth Prime Minister named in 2024.
- The previous Prime Minister, Michel Barnier, served only three months.
- Michel Barnier became the shortest serving PM in French history.
7) World Hindu Economic Forum begins in Mumbai.
- Maharashtra Chief Minister Devendra Fadnavis inaugurated the World Hindu Economic Forum in Mumbai for three days.
- Delegates from various fields across the globe are attending this summit.
- This is one of the biggest assemblies of industrialists, businessmen, startups, and entrepreneurs from the Hindu community under one roof.
- The theme of this year’s forum is ‘Think in future, for the future’.
8) National Energy Conservation Day 2024: 14 December
- Every year on December 14, National Energy Conservation Day is celebrated.
- The day is dedicated to raising public awareness about global warming and climate change, as well as encouraging people to save energy.
- National Energy Conservation Day is being celebrated on December 14 since 1991.
- In 2001, the Bureau of Energy Efficiency (BEE) implemented the Energy Conservation Act.
9) Government will launch Udaan Yatri Cafe at airports.
- The government will launch the Udaan Yatri Cafe for passengers travelling through the UDAN scheme at the airports.
- The cafe will help in resolving the issue of overpriced food and beverages at the airports.
- These café will provide affordable food to the travellers.
- The first pilot project of the cafe will be run at the Kolkata Airport.
10) 22nd Divya Kala Mela is scheduled to be organized from 12th – 22nd December.
- The Department of Empowerment of Persons with Disabilities (Divyangjan) is organizing the 22nd Divya Kala Mela from 12th – 22nd December 2024 at India Gate.
- Around 100 Divyang entrepreneurs/artisans from 20 states/UTs are participating in this event.
- The Divya Kala Mela is a platform for Divyangjan to showcase their talent and sell their uniquely crafted products.
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