Current Affairs - November 21, 2024 Current Affairs

The Asian Development Bank (ADB) has provided a significant boost to Sri Lanka's financial sector with a $200 million policy-based loan. This loan, the second subprogram under ADB's Financial Sector Stability and Reforms Program, aims to stabilize Sri Lanka's economy and address the ongoing financial crisis. As a leading regional financial institution established in 1966, ADB plays a vital role in promoting economic growth and development in Asia. Headquartered in Manila, Philippines, and led by President Masatsugu Asakawa, ADB's support is crucial for Sri Lanka's economic recovery and long-term financial stability.

India has secured the 10th position in the Climate Change Performance Index (CCPI) 2025, published jointly by Germanwatch, New Climate Institute, and Climate Action Network International. This ranking reflects India's efforts to address climate change. Denmark tops the list, followed closely by the Netherlands and the UK. In contrast, major emitters like China and the USA rank 55th and 57th, respectively. The CCPI evaluates countries' climate policies, renewable energy deployment, and greenhouse gas emissions, providing valuable insights into global climate change mitigation strategies.

The Telangana government has taken a significant step towards promoting eco-friendly transportation by offering a 100% exemption on road tax and registration fees for electric vehicles (EVs). This policy aims to reduce pollution, particularly in urban areas like Hyderabad, and encourage sustainable transportation. The exemption applies to various EV categories, including two-wheelers, four-wheelers, three-wheelers, and electric buses. By providing this incentive, Telangana is pushing for a greener future and cleaner air. This initiative is expected to boost the state's adoption of electric vehicles.

Daniel Barenboim, a world-renowned pianist and conductor, and Ali Abu Awwad, a dedicated peace activist, were jointly awarded the Indira Gandhi Prize for Peace, Disarmament and Development 2023. This prestigious honour recognizes their tireless efforts to promote harmony in the Middle East, with Barenboim using music as a tool for peace and Awwad advocating for non-violent resolution through dialogue and people's participation. The award ceremony was held virtually on Indira Gandhi's birth anniversary, with Justice T S Thakur heading the jury. Their work inspires others to strive for peaceful coexistence and conflict resolution.

Justice D. Krishnakumar, a seasoned judge with specialization in Constitutional law, has taken over as the Chief Justice of Manipur High Court. Previously, he served as the seniormost judge at the Madras High Court, following his appointment on April 7, 2016. His appointment comes after Justice Siddharth Mridul's retirement on November 21, 2024, upon turning 62. Justice Krishnakumar's vast experience and integrity earned him the recommendation of the Supreme Court Collegium for this prestigious position.

Adoption Awareness Month is a significant initiative aimed at promoting the importance of legal adoptions across India. It is led by the Central Adoption Resource Authority and organized by the Ministry of Women and Child Development. This annual celebration takes place in November, with a specific theme each year. For instance, the 2024 theme is "Rehabilitation of Older Children through Foster Care and Foster Adoption." By raising awareness, the initiative seeks to encourage and support individuals and families in providing loving homes for children in need.

The Hornbill Festival, Nagaland's premier cultural event, is a spectacular celebration of the state's rich heritage and vibrant traditions. Held annually from December 1-10 in Kisama, Nagaland, the festival showcases the music, dance, and crafts of various ethnic communities. The 25th edition of the festival has garnered international attention with Japan and Wales as partner countries, featuring Japanese cultural performances, handicraft workshops, and bamboo product exhibitions. This cultural extravaganza attracts numerous tourists and fosters cultural exchange, strengthening bilateral ties between India and Japan.

Iraq has embarked on a significant data collection initiative, launching its first national population census since 1987. This comprehensive survey aims to modernize data collection and inform critical decision-making processes. Utilizing advanced technologies, 120,000 workers will canvas households nationwide, gathering vital information to guide resource distribution, budget allocations, and development planning. The census marks a crucial step in Iraq's efforts to enhance its planning and development strategies, ensuring more effective governance and resource management.

Ecuador has declared a national emergency due to the devastating impact of forest fires, water shortages, and drought. The emergency, approved by the Environment Ministry, will last for 60 days. The country is facing its worst drought in six decades, resulting in significant losses, including 40,000 hectares of crops and over 44,000 farm animals. This declaration aims to address the crisis and provide relief to affected areas.

World Fisheries Day is observed annually on November 21 to emphasize the significance of sustainable fisheries, the protection of aquatic ecosystems, and the livelihoods of fishing communities. This global celebration aims to raise awareness about the threats faced by the fisheries sector, such as overfishing, habitat destruction, and illegal fishing practices. In 2024, the theme "India's Blue Transformation: Strengthening Small-Scale and Sustainable Fisheries" highlights India's commitment to inclusive growth and sustainable practices in the sector. By marking this day, the international community reaffirms its commitment to promoting sustainable fishing practices and empowering small-scale fishers worldwide.