Current Affairs of 8 December


OPEC will Cut Petroleum Production
OPEC
OPEC will Cut Petroleum Production - The Organisation of the Petroleum Exporting Countries (OPEC) and its allies agreed to cut oil output by 12 lakh barrels a day to boost global oil markets. OPEC, the group of 14 nations, will cut crude oil output by 8 lakh barrels per day, while Russia and its allied producers would slash around 4 lakh barrels. The agreement is set to be implemented from next month. OPEC and its partners together account for around half of global output.

Shahpurkandi Dam
Indus Rivers
Shahpurkandi Dam - The Centre approved implementation of the Shahpurkandi Dam project on the Ravi in Punjab. The move will allow India to use the water which at present goes waste flowing through the Madhopur Headworks downstream to Pakistan. Once completed in June 2022, it will improve irrigation potential of farmers in Jammu & Kashmir and Punjab. Under Indus Water Treaty 1960, India has full rights for utilisation of waters of the three eastern rivers namely Ravi, Beas and Satluj.

Mission Indradhanush
Mission Indradhanush
Mission Indradhanush - India’s flagship immunisation campaign - ‘Mission Indradhanush’ - has been selected as one of the 12 best practices globally and is set to be featured in a special issue of the British Medical Journal. The special issue of the journal is being brought out on the occasion of the fourth Partners Forum conference, to be held by India Government in New Delhi.

India Water Summit
India Water Summit
India Water Summit - The three days India Water Summit concluded in New Delhi. Key issues including afforestation, biodiversity, urban river management, innovation in sewage and sewerage management were discussed during the event. Summit introduced the Ganga Finance Forum, which brought together a number of national and international financial sector experts. 

Gudlaugur Thór Thórdarson
Gudlaugur Thór Thórdarson
Gudlaugur Thór Thórdarson - Foreign Minister of Iceland Gudlaugur Thór Thórdarson met External Affairs Minister Sushma Swaraj in New Delhi and held discussions on bilateral, multilateral and international issues of interest. Mr Thórdarson, who is on 8-day visit to India, arrived in New Delhi.

Annegret Kramp Karrenbauer
Angela Merkel and Annegret Kramp Karrenbauer
Annegret Kramp Karrenbauer - In Germany, Annegret Kramp-Karrenbauer has been elected leader of   Christian Democratic Union (CDU) during party congress in Hamburg succeeding Angela Merkel. 

Half Global Population is Online
Online Population
Half Global Population is Online - For the first time, more than half of the global population is online. The United Nations said around 3.9 billion people are now using the Internet. The UN agency for Information and Communication Technologies, ITU, said that by the end of this year, 51.2 per cent of people around the world will be using the Internet. The report also showed that the number of mobile-cellular telephone subions is now greater than the global population.

Freight Village in Varanasi
Freight Village in Varanasi
Freight Village in Varanasi - The Ministry of Shipping approved the development of Rs 156 crore Freight Village in Varanasi, adjoining the Inland Waterways Terminal on River Ganga. The Varanasi Freight Village will be developed by the Inland Waterways Authority of India. A Freight Village is a designated area where facilities for various modes of transportation, distribution of goods and other logistics are available in a synchronised manner on a large scale.

Central Assistance for Natural Disaster
Natural Disaster
Central Assistance for Natural Disaster - The Centre released disaster relief assistance worth over Rs 3,700 crore to three states, including Kerala which was hit by massive floods in August and will get the lion’s share of Rs 3,048 crore as additional assistance from the National Disaster Response Fund (NDRF). While Andhra Pradesh, affected by cyclone ‘Titli’ earlier this year, has been assigned Rs 539.52 crore, Rs 131.16 crore will be given to Nagaland which had witnessed floods.

Abu Dhabi Investment Authority
Abu Dhabi Investment Authority - One of the largest sovereign funds in the world, the Abu Dhabi Investment Authority will invest $50 billion into India, especially into infrastructure and food processing capacity.

Report of Air Pollution
Air Pollution
Report of Air Pollution - One in every eight deaths in India is attributable to air pollution, which now contributes to more disease burden than smoking. In fact, the average life expectancy in India would have been 1.7 years higher if the air pollution level were less than the minimal level. This report was released by the Indian Council of Medical Research.

Guidelines for Online Travel Aggregators
Online Travel Aggregators
Guidelines for Online Travel Aggregators - The Union Ministry of Tourism has formulated the guidelines for approval and re-approval of Online Travel Aggregators (OTA) to ensure adequate safeguards against deficiency of service, alternate arrangements and punitive deterrence. An Online Travel Aggregator is an intermediary or an agent selling travel products and services such as the airlines, car rental, cruise lines, hotels and accommodation, railways and vacation packages on behalf of suppliers using internet as a medium.