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Important Current Affairs 26th November 2020

National

Centre, States can't have indefinite right over citizens' acquired properties: Supreme Court

• The Supreme Court on November 24, 2020 ruled that the central and state governments cannot be have an indefinite or overriding right over the acquired properties of citizens.

• The court ruled that though the right to properties is not a fundamental right, the governments cannot occupy citizens' properties.

• The ruling was made by a bench comprising Justices Indira Banerjee and S Ravindra Bhat.

Tenth edition of National Science Film Festival kicks off virtually

• The tenth edition of prestigious National science film festival kicked off on 24th November 2020 in a virtual mode.

• The four-day long film festival has been jointly organized by Vigyan Prasar, an autonomous agency under the Department of Science and Technology, Govt. of India and the Tripura State Council of Science and Technology, Govt. of Tripura from 24 to 27 November 2020.

• A total of 372 films in different languages were received for participation, of which 115 films have been shortlisted by the ten-member jury to be screened during the festival.

Himachal Pradesh govt launches ‘Him Suraksha Abhiyan’

• Himachal Pradesh government has launched ‘Him Suraksha Abhiyan’ to sensitize the people regarding C-19 pandemic and also to collect information regarding symptoms of diseases like TB, Leprosy, sugar and blood pressure by the door to door campaign throughout the State.

• Under this Abhiyan about 8000 teams comprising of Health, Ayurveda, Women and Child Development, Panchayati Raj Departments, District Administration and NGOs would be involved in this campaign. It would ensure door to door data collection of health parameters of the people.

Narendra Singh Tomar virtually inaugurates Phagwara mega food park

• Union Food Processing Industries Minister Narendra Singh Tomar has virtually inaugurated the Rs 107.83 crore mega food park at Phagwara in Kapurthala district of Punjab.

• So far, 37 mega food parks have been sanctioned across the country, of which 20 have started functioning.

• The mega food park, spread over 55 acres of land and that will benefit 25,000 farmers, is equipped with warehouses in 3,944 square meters, silos with 20,000-tonne capacity, cold storage with 3,000-tonne capacity as well as individually quick-frozen and deep freezer units and other facilities.

Banking and Economy

Merger of Lakshmi Vilas Bank & DBS Bank approved by Union Cabinet

• The Union Cabinet on November 25, 2020 approved the merger of Lakshmi Vilas Bank Limited (LVB) with Singapore-based DBS Bank India Limited. With this development, there will be no restrictions on the depositors for withdrawing money from their deposits from Lakshmi Vilas Bank.

• Under the ‘Scheme of Amalgamation of Lakshmi Vilas Bank with DBS Bank India Limited’, DBS would invest Rs 2,500 crore in the equity of the bank, to improve the capital position of the merged entity.

• DBIL is a wholly-owned subsidiary of Singapore based DBS Bank Ltd.The merger will increase the branches of DBIL to around 600 from the current 27 branches.

India Post Payments Bank launches PM Jeevan Jyoti Bima Yojana

• India Post Payments Bank (IPPB) has launched a low-cost insurance scheme ‘Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)’ for its customers to bring large sections of the underserved and unserved population into the financial mainstream.

• IPPB has collaborated with PNB MetLife India Insurance Company for this product.

Awards

Malayalam film Jallikattu is India’s official Oscar entry

• Malayalam film Jallikattu has been selected as India's official entry for Oscars in the foreign-language film category. The film was unanimously chosen among 27 entries across Hindi, Marathi and other languages.

• Directed by Lijo Jose Pellissery, Jallikattu revolves around a bull that escapes from a slaughterhouse in a hilly remote village on the eve of its scheduled slaughter and an entire tribe of men coming together to stop the bull.

Obituary

Football legend Diego Maradona passed away

• Football legend from Argentina, Diego Maradona passed away on November 25, 2020, after suffering a heart attack. He was 60-years old.

• The Footballer suffered cardiac arrest and paramedics failed to revive him.

• The star footballer had begun his professional career at the age of 16 with Argentinos Juniors and later he went on to become of the greatest players ever to play football.

• Maradona represented Boca Juniors, Napoli, Barcelona, Newell’s Old Boys as a player. He was also considered the main player in taking Argentina to the country’s second World Cup title in 1986.

Appointments and Resignations

Greg Barclay of New Zealand elected as ICC Chairman

• Greg Barclay of New Zealand was appointed as the Chairman of the International Cricket Council (ICC). Barclay, an Auckland-based commercial lawyer, will succeed Shashank Manohar, who resigned from the post earlier in 2020.

• Barclay is currently the representative of New Zealand Cricket (NZC) on the board of the ICC.

Days

Indian Constitution Day

• Constitution Day (National Law Day), also known as Samvidhan Divas, is celebrated in India on 26 November every year to commemorate the adoption of Constitution of India. Previously this day was celebrated as Law Day

• The Government of India under Prime Minister of India Narendra Modi declared 26 November as Constitution Day on 19 November 2015.

• On 26 November 1949, the Constituent Assembly of India adopted the Constitution of India, and it came into effect on 26 January 1950.

National Milk Day

• In India, November 26 is celebrated as National Milk Day, since 2014, to commemorate the birthday of the father of India’s White Revolution, Dr. Verghese Kurien (also nicknamed as Milkman of India).

• The day was fixed by all the dairy majors of the country including the National Dairy Development Board (NDDB), the Indian Dairy Association (IDA), along with 22 state level milk federations.

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