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Daily Current Affairs 29th December 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 29th December2023. It includes all Major National, International, Business and Sports related current affairs of 29th December2023. 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 29th December2023 Current affairs test.



National News

1. Women’s Significant Contribution to Ayushman Bharat Scheme

  • Women constitute nearly half of all Ayushman cardholders, playing a crucial role in the success of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY).
  • They also account for about 48% of all authorized hospital admissions under the scheme, showcasing their active involvement.
  • The AB PM-JAY, the world’s largest public health assurance program, offers up to ₹5 lakhs per family annually for secondary and tertiary care, covering over 55 crore individuals from 12 crore families.

2. Ambati Rayudu’s Political Inning with YSR Congress Party

  • Ambati Rayudu, a former Indian cricketer, has joined the YSR Congress Party, led by Andhra Pradesh Chief Minister YS Jagan Mohan Reddy.
  • Rayudu, renowned for his contributions to Indian cricket and the Chennai Super Kings in the IPL, retired following CSK’s victory in 2023.

State News

3. Jammu and Kashmir Panchayati Raj Act Amended for OBC Reservation

  • The Jammu and Kashmir Panchayati Raj Act of 1989 has been revised to include OBC reservations, as approved by the Administrative Council under Lieutenant Governor Manoj Sinha.
  • This amendment aims to improve OBC representation in local governance.

4. Uttar Pradesh Launches Green Hydrogen Policy-2023

  • Yogi Adityanath, the Chief Minister of Uttar Pradesh, has initiated the Green Hydrogen Policy-2023 to foster sustainable energy solutions and combat climate change.

5. Inauguration of Uttar Pradesh’s First Intra-District Helicopter Service

  • Yogi Adityanath, Chief Minister of Uttar Pradesh, inaugurated the state’s first intra-district helicopter service in Bateshwar, enhancing tourism and infrastructure.
  • This service, starting 65 km from Agra, connects Bateshwar with Goverdhan in Mathura.

6. Telangana’s Praja Palana Programme for Citizen Needs

  • The Telangana government launched the Praja Palana program, aimed at collecting detailed information about citizens’ needs to create a comprehensive grassroots database.
  • The program was inaugurated in Ibrahimpatnam by Deputy Chief Minister Bhatti Vikramarka Mallu.

Economy News

7. India’s Historic Rupee Payment for UAE Oil

  • Marking a strategic shift, India made its first-ever rupee payment for crude oil purchased from the UAE.
  • This aligns with the Reserve Bank of India’s 2022 policy, promoting the Indian rupee as a trade settlement currency.
  • The Indian Oil Corporation made this landmark payment for a million barrels from Abu Dhabi National Oil Company.

Banking News

8. RBI’s Identification of Systemically Important Banks

  • The Reserve Bank of India has identified SBI, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs).
  • An additional D-SIB buffer for SBI and HDFC Bank will be effective from April 1, 2025.

Business News

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9. Tata Power’s Victory in Transmission Project Bid

  • Tata Power secured the Bikaner-III Neemrana-II Transmission project, established by PFC Consulting.
  • The project, estimated at ₹1,544 crore, is set for completion within 24 months.

10. AIIB Leads Funding for Mahindra Group’s Green InvIT

  • The Asian Infrastructure Investment Bank (AIIB) is spearheading a Rs 2,500 crore funding round for the Mahindra Group’s Sustainable Energy Infrastructure Investment Trust (InvIT).
  • This emphasizes AIIB’s commitment to supporting sustainable energy projects.

11. Government of India’s ‘Bharat’ Brand for Rice Marketing

  • To combat rising rice prices, the Government of India plans to market rice under the ‘Bharat’ brand.
  • This strategy includes increasing domestic availability through the Open Market Sale Scheme (OMSS).

12. RBI Approval for ICICI Pru Mutual Fund’s Bank Stakes Acquisition

  • The RBI has granted approval to ICICI Prudential Asset Management Company Ltd for acquiring up to 9.95% stakes in Federal Bank, RBL Bank, and Equitas Small Finance Bank.

Agreements News

13. GCC and South Korea’s Free Trade Agreement

  • The Gulf Cooperation Council (GCC) signed a free trade agreement with South Korea, lifting tariffs on nearly 90% of goods, including essential energy resources like LNG and petroleum products.

Appointments News

14. Nina Singh: First Woman Director General of CISF

  • Nina Singh has been appointed as the first woman Director General of the Central Industrial Security Force (CISF), highlighting the government’s focus on gender diversity in significant security roles.

Awards News

15. ‘Man of the Year-2023’ Award to L.P. Hemanth K. Srinivasulu

  • Mr. L.P. Hemanth K. Srinivasulu received the ‘Man of the Year-2023’ award from Home Minister Shri Amit Shah for his contributions to trade diplomacy and international economic relations.

Science & Technology News

16. ISRO’s XPoSat Launch Scheduled for 2024

  • ISRO is set to launch India’s first X-ray Polarimeter Satellite, XPoSat, on January 1, 2024, enhancing India’s capabilities in space research and exploration.

Obituaries News

17. Passing of Wolfgang Schaeuble, German Political Veteran

  • Wolfgang Schaeuble, who had a distinguished political career spanning over 50 years in Germany, passed away at the age of 81.

18. Jacques Delors, Architect of EU’s Single Currency, Dies Aged 98

  • Jacques Delors, instrumental in the formation of the European Union’s single currency project, passed away at 98.
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