Current affairs 03 December 2024

Ayush Sector Achieves $43 Billion Market in 2023.

• The Ayush sector has registered tremendous growth in the last 10 years, and its market will surpass 43 billion dollars in 2023.
• The Ayush market has grown exponentially, from USD 2.85 billion in 2014 to USD 43.4 billion in 2023, with exports doubling from USD 1.09 billion to USD 2.16 billion.
• Registered Ayush Practitioners: More than 755,780.
• Healthcare: 3,844 Ayush hospitals.

India's FDI Surges by 45% to $29.79 Billion in April-Sept.

• India recorded a 45% increase in FDI inflows, reaching $29.79B during April-September 2024, compared to the same period last year.
• Key sectors benefitting include services, IT, telecom, automotive, pharmaceuticals, and chemicals.
• Q2 (July-Sept) FDI inflows rose 43%, contributing to enhanced investments, job creation, and technological advancements.

PRAGATI Recognized by Oxford University for Governance Excellence.

• PRAGATI : Pro-Active Governance and Timely Implementation) in the study.
• A study by Oxford’s Said Business School, released at IIM Bangalore, highlights PRAGATI’s acceleration of 340 projects worth $205 billion since 2015.
• Achievements include 50,000 km of National Highways and significant airport expansion, yielding a 2.5-3.5x GDP boost for every rupee spent.

US Announces $725 Million Military Aid for Ukraine.

• The US unveiled a $725M aid package for Ukraine, including landmines, anti-air, and anti-armour weapons.
• The Biden administration aims to expedite support before the potential policy shift under President-elect Trump.
• Secretary Antony Blinken emphasized the package's role in bolstering Ukraine's defense against Russian aggression.

Historic Bronze Medal for India in eFootball at Asian Esports Games.

• Pavan Kampelli won the bronze medal in eFootball at the 2024 Asian Esports Games in Bangkok, marking India’s first podium finish in the event.
• Kampelli, known as Mr Tomboy, defeated 2022 eFootball World Finals Winner (Mobile), Asgard Azizi of Indonesia, 2-1.
• Despite a challenging start against TXRO of Thailand, Kampelli showcased exceptional skills to secure the bronze.