Daily Current Affairs 5 December, 2024 International Affairs 1. South Korean President faces impeachment Context: South Korea’s parliament has passed a motion to impeach President Yoon Suk Yeol, an action that could potentially end his presidency. Key Highlights: About Impeachment in India: Impeachment is the removal of the President from office if he has violated the Constitution. There is a proper procedure given under the Constitution of India, in which Parliament possesses the right to perform this activity. So far, not even a single President of India has been impeached. What is Impeachment? Read more.. 2. Nepal, China sign Belt and Road Initiative framework Context: Nepal and China sign the Cooperation Framework of the Belt and Road Initiative. Key Highlights: China’s Belt and Road Initiative (BRI) National Affairs 1. Kochi to host global conference on sustainable growth in rubber industry  Context: Rubbercon 2024 is being organized by IRI and IRCO from December 5 to 7 at Le Meridien. Key Highlights: Agni-IV missile project 2. CAG prepares two more audit reports, asks Delhi govt to table all docs Context: The and comptroller auditor have produced two more audit reports concerning the actions taken by the government and its departments. Things to know: Who is the CAG? Read more… 3. NAVY DAY CELEBRATION AT PURI on December 4, 2024 Context:The President of India, Smt Droupadi Murmu attended the Navy Day celebration and witnessed the Operational Demonstration conducted by the Indian Navy at Puri Beach, Odisha today (December 4, 2024). 4. NASA-ISRO Synthetic Aperture RADAR (NISAR) Mission Mission Overview: Launch Update: Read more… 5. The Boilers Bill, 2024 Source: PIB Context: The Boilers Bill, 2024, has been recently proposed by the Indian Government and has been placed in Rajya Sabha for consideration and enactment. About: The Bill deals with life and property safety; so, Indian Boilers (Amendment) Act, 2007 was revisited and amended in 2007 including inspection and certification by independent third party inspecting authorities. The Act has been reviewed to provisions to frame substantive enabling provisions for the rules and regulations. Salient Features of the Boilers Bill, 2024 Read more… 6. Maha Kumbh Mela 2025 Context: Maha Kumbh Mela: World’s Biggest Spiritual Meetis going to be held from January 13 to February 26, in Prayagraj. Key Highlights: Read more… 7. Mission Mausam Dr. Jitendra Singh’s Inauguration of 14th Asia-Oceania Meteorological Satellite Users’ Conference Context: Union Minister of State for Science and Technology, Earth Sciences and Minister of State for PMO, Department of Atomic Energy, Department of Space, Personnel, Public Grievances and Pensions, Dr. Jitendra Singh inaugurated the 14th Asia-Oceania Meteorological Satellite Users’ Conference. Key Findings from the conference: Banking/Finance 1. India Employee Pension Scheme Context: India Employee Pension Scheme Increase number of pensioners eligible to receive the minimum assured pension at ₹ 1,000 have been up 3 per cent at 3.66 million for FY24 in Employee Pension Scheme. Key Highlights:A central government fund amount of ₹ 957 crore for the same in FY24. Agri Business 1. The INROAD project Context: Project INROAD completes 1.25 lakh hectare of NR plantations in North-East  Key Highlights: INROAD Project Completes North-Eastern Natural Rubber Plantation 2. India attempts to revive farm reforms, unveils draft policy Context: The Centre unveils the draft “National Policy Framework on Agricultural Marketing“ so that farmers can find their market of choice and secure the highest price for their produce. Key Highlights: The policy envisages introducing reforms in agriculture against the backdrop of farmers’ protests demanding the legalization of Minimum Support Prices (MSP). Source: Business Line 3.Campaign on Paddies Procurement and New Crop Varieties for Punjab Context: IIT Kharagpur has been given responsibility by the Centre to study claims that the new hybrid paddy varieties in Punjab yield less rice during harvesting. Key Findings: Source: Business Line 4. CGIAR Launches Global Strategy for Resilient Drylands (GSRD) 2030 Context: CGIAR Launches Global Strategy for Resilient Drylands (GSRD) 2030 and GSRD will be the first participatory strategy put together by the CGIAR centres, co-led with ICARDA and ICRISAT. Key Highlights: