Cabinet approves ‘One Nation, One Election’ bill; Trump TIME’s ‘Person of the Year’; 2034 Football World Cup in Saudi Arabia | Current Affairs 12 December: ‘One Nation, One Election’ bill approved by Cabinet; Trump becomes TIME’s ‘Person of the Year’

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Elon Musk becomes the first person to have a net worth of $400 billion. ‘Khelo India Winter Games 2025’ will start in Ladakh and Jammu and Kashmir. At the same time, ‘Reporters Without Borders (RSF)’ said in its annual report that in the year 2024, 54 journalists were killed all over the world.

Information about some major current affairs, which are important for students preparing for government jobs…

NATIONAL

1. Cabinet approves ‘One Nation, One Election’ bill: The Union Cabinet has approved the One Country, One Election Bill on December 12. This bill can be presented in Parliament during this winter session next week.

The government wants to build a consensus on this bill, hence the bill will be sent from Parliament to the Joint Parliamentary Committee (JPC) for discussion.

The government wants to build a consensus on this bill, hence the bill will be sent from Parliament to the Joint Parliamentary Committee (JPC) for discussion.

  • A panel was formed on September 2, 2023 under the chairmanship of former President Ramnath Kovind to consider ‘One Nation, One Election’.
  • This panel, after discussion with all parties and experts and 191 days of research, submitted its report to President Draupadi Murmu on March 14.
  • In September, the Central Government had approved the recommendations of the High Level Committee formed for ‘One Nation, One Election’, in which it was proposed to hold Lok Sabha, State Assembly and local body elections simultaneously in a phased manner.
  • According to the recommendations, the first bill will amend Article 82A of the Constitution, allowing simultaneous expiry of the tenure of the Lok Sabha and the Assemblies.
  • Consent from the states will not be required to implement this bill, but to conduct the local body elections along with the Lok Sabha and Assembly elections, it will need to be approved by at least 50% of the state assemblies.
  • According to the committee report, the tenure of many state assemblies will be reduced to implement ‘One Nation, One Election’.
  • In states where assembly elections are held by the end of 2023, their tenure can be extended.
  • If all parties agree to the Law Commission’s proposal, it will be implemented from 2029 only. For this, assembly elections will have to be held in 25 states by December 2026.

BUSINESS

2. Musk becomes the first person with a net worth of $400 billion: According to the Bloomberg Billionaires Index released on December 11, SpaceX founder and Tesla CEO Elon Musk has reached a net worth of $400 billion. He is the first person in history to do so.

Musk's net worth has increased due to the recent internal sale of shares in SpaceX and the rise in Tesla shares.

Musk’s net worth has increased due to the recent internal sale of shares in SpaceX and the rise in Tesla shares.

  • Shares worth $1.25 billion have been purchased from employees and insiders in the share sale.
  • This transaction has increased his net worth by approximately $50 billion.
  • At the same time, the total valuation of SpaceX has reached around 350 billion dollars. With this valuation, SpaceX remains the most valuable private company in the world.
  • Musk’s wealth is not limited to SpaceX and Tesla. His artificial intelligence company, xAI, has also seen its valuation rise. The company’s valuation has doubled to $50 billion since its last funding round in May.
  • Apart from electric car company Tesla and space company SpaceX, Elon Musk also owns many companies. Musk also has stakes in Neuralink, Boring Company and Starlink.
  • Musk’s Human Computer Interface company – Neuralink has been working for a long time on such a plan, with the help of which a neural chip can be implanted in the brain of people.
  • With this chip, a person will be able to control any machine just by thinking without moving. Through this, Musk wants to solve problems like paralysis, hearing, blindness.
  • Musk created The Boring Company on December 17, 2016. This company works to build tunnels to deal with road traffic jams, rains and storms. The Boring Company is building a high-speed hyperloop for urban transportation in the coming years. With the help of Hyperloop, traveling from one city to another can be done at high speed without any hassle.
  • At the same time, Musk’s another company Starlink Satellite Communication i.e. Satcom provides high speed internet. This internet service reaches your home directly through satellite.

REPORT

3. 54 journalists killed across the world in the year 2024: In 2024, 54 journalists were killed worldwide in the course of their work or because of their profession. The Israeli army is responsible for killing one-third of these journalists. Reporters Without Borders (RSF), an organization that monitors press freedom, gave this information in its annual report published on December 12.

The annual report by Reporters Without Borders (RSF) covers data as of 1 December.

The annual report by Reporters Without Borders (RSF) covers data as of 1 December.

  • According to Reporters Without Borders, Israeli armed forces were responsible for the deaths of 18 journalists in 2024. Of these, 16 journalists died in Gaza and two in Lebanon.
  • RSF states in its annual report, ‘Palestine is the most dangerous country for journalists. There have been more deaths of journalists here in the last 5 years than any other country.
  • The organization has filed 4 complaints with the International Criminal Court (ICC) for “war crimes committed against journalists by the Israeli military”.
  • A total of ‘more than 145’ journalists have been killed by Israeli forces in Gaza since the war began in October 2023, 35 of whom were practicing journalism at the time of their deaths.
  • Reporters Without Borders (RSF) is a non-governmental NGO headquartered in Paris.
  • RSF works to defend freedom of the press.
  • This organization considers freedom of information as a fundamental human right and democratic right.
  • RSF provides comprehensive coverage of the challenges journalists face.
  • RSF releases the World Press Freedom Index every year. This index ranks 180 countries based on freedom of journalism, reporting, and functioning of the media.
  • India is at 159th position in the World Press Freedom Index for the year 2024.

International

4. Donald Trump was chosen as ‘Person of the Year’ by TIME: America’s newly elected President Donald Trump has once again been chosen as ‘Person of the Year’ by the prestigious Time magazine. Earlier, he had also become ‘Person of the Year’ in 2016 during his presidential tenure.

Trump will be seen on the cover page of the magazine this year too.

Trump will be seen on the cover page of the magazine this year too.

  • Trump will come to Wall Street and open the stock market by ringing the opening bell of the New York Stock Exchange (NYSE). During this time he will be formally declared ‘Person of the Year’.
  • Trump has been a renowned businessman of America and has been doing business for decades. Although living in New York, he has not had the privilege of ringing the opening bell of the NYSE.
  • The ringing of the NYSE opening bell is considered a powerful symbol of American capitalism. In 1985, Ronald Reagan was the first US President to ring the opening bell of the NYSE.
  • During Trump’s first term, his wife Melania rang the opening bell under the B-Best initiative.
  • When Trump became Time Magazine’s ‘Person of the Year’ in 2016, he did not ring the opening bell.
  • This time, Trump was in Time’s list along with Vice President Kamala Harris, Elon Musk, Israeli Prime Minister Benjamin Netanyahu and Princess Kate of Wales, from which he was selected.
  • Taylor Swift was declared ‘Person of the Year’ in 2023.
  • Time Magazine is America’s weekly news magazine. It was started in 1923 and is published from New York City.

Sport

5. The 2034 Football World Cup will be held in Saudi Arabia: The 2034 Football World Cup will be played in Saudi Arabia. At the same time, the 2030 World Cup will be hosted jointly by Spain, Portugal and Morocco.

FIFA, the leading football governing body in the world, announced this on December 11.

FIFA, the leading football governing body in the world, announced this on December 11.

  • Only Saudi Arabia had proposed to organize the 2034 World Cup.
  • In such a situation, after the special meeting of the world body in Zurich, President Gianni Infantino declared Saudi Arabia as the official host.
  • The next football World Cup will be held in 2026. It is being hosted by the United States of America, Canada and Mexico.
  • The last season of the Football World Cup was held in Qatar in 2022. It was won by the Argentinian team. The team defeated France 4-2 in the penalty shootout in the final match. Due to this the match was tied 3-3. Lionel Messi scored 2 goals in the match, while France’s Kylian Mbappe scored 3 goals.
  • The Fédération Internationale de Football Association (FIFA) is the world’s largest football governing body.
  • FIFA was established in Paris in the year 1904.

6. Khelo India Winter Games 2025 will be held in Ladakh and Jammu and Kashmir: Khelo India Winter Games-2025 will be held in two different phases in Ladakh and Jammu and Kashmir. Ice event will be organized in Ladakh from 23 to 27 January. Whereas, snow events will be played in Jammu and Kashmir between 22 to 25 February.

The Sports Ministry announced this on 11 December.

The Sports Ministry announced this on 11 December.

  • Ice competitions like ice hockey and ice skating will be held in the Union Territory of Ladakh from January 23 to 27.
  • At the same time, snow competitions like alpine skiing, Nordic skiing, ski mountaineering (skimo) and snow-boarding will be organized in Jammu and Kashmir from 22 to 25 January.
  • This will be the second consecutive year that Ladakh will host a portion of the Khelo India Winter Games.
  • Before 2024, Jammu and Kashmir hosted all the events.
  • In Feb-2024, Leh had successfully hosted events like ice skating and ice hockey, while Gulmarg had organized events like skiing and snowboarding.
  • The Khelo India season will begin with the Youth and Para-Games to be held in Bihar in April next year.
  • After this, Khelo India Youth and Para Games will be held in Bihar in April. Besides, Khelo India University Games will also be organised.
  • Khelo India Winter Games started in 2020. In the first year, about 1000 players (306 women) participated in it.
  • Subsequently, this number increased to 1,350 in 2021 and more than 1,500 players participated in 2022.

TODAY’S HISTORY

History of 12 December: On this day in 1911, the capital of India was shifted from Calcutta (now Kolkata) to Delhi. This was announced by Britain’s King George V in front of a crowd of more than 80 thousand. King George-V was the first king of Britain who visited India. Queen Mary also came with him. On this day all the houses all over Delhi were decorated grandly.

The court was decorated at the Red Fort in honor of King George-V and Queen Mary.

The court was decorated at the Red Fort in honor of King George-V and Queen Mary.

  • In 1800, Washington DC was made the capital of America.
  • In 1882, Bankim Chandra Chattopadhyay’s Bengali novel ‘Anand Math’ was published.
  • The first cricket test match was played between Australia and England in 1884.
  • Rajinikanth, popular actor of South Indian cinema, was born in 1950. Rajinikanth is his film name, his real name is Shivaji Rao Gaekwad.
  • Kenya became a republic in 1964, a year after independence from Britain.
  • With the victory of Democratic leader Anne Parker in 2009, Houston became the largest US city at that time to elect a homosexual as its mayor.
  • The historic agreement on climate change was reached during the UN conference in Paris in 2015, in which 195 countries agreed to reduce greenhouse gas emissions. This agreement replaced the Kyoto Agreement.

Also read previous current affairs…

1. Current Affairs 11 December: ‘Champion of the Earth’ award to Madhav Gadgil; Guinness record of Geeta recitation made in MP; Railway Amendment Bill passed

Union Minister Dharmendra Pradhan inaugurated the Smart India Hackathon. Disaster Management (Amendment) Bill, 2024 passed by Lok Sabha. At the same time, India won 55 medals in the 10th Asia-Pacific Deaf Games. Read the full news…

2. Current Affairs 10 December: Sanjay Malhotra will be the 26th RBI Governor; ‘INS Tushil’ inducted into Indian Navy; Former Union Minister SM Krishna passes away

ICC bans America’s National Cricket League. Former Chief Minister of Puducherry M.D.R. Ramachandran passed away. At the age of 9, Arit Kapil became the first Indian to defeat a 66-year-old grandmaster. Read the full news…

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