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Nitin Gadkari, Union Minister for Road Transport and Highways, has inaugurated one of India’s first Surety Bond Insurance products from Bajaj Allianz.

Current Affairs in Short
- Nitin Gadkari, Union Minister for Road Transport and Highways, has inaugurated one of India’s first Surety Bond Insurance products from Bajaj Allianz.
- In response to the product introduction, Gadkari stated that India is well on its way to becoming a $5 trillion economy.
- According to Gadkari, insurance will play a significant part in this rise. The Minister expressed confidence that increasing our road network will lead to improved wealth, job opportunities, and social connectedness.
- Major General Mohit Seth assumed command of Counter-Insurgency Force Kilo as the General Officer Commanding (GOC).
- Major General Sanjiv Singh Slaria on surrendering the command transferred to Headquarters Northern Command, Udhampur.
- During the reign of Major General Sanjiv Singh Slaria, the Kilo Force took notable advances toward peace and security in North Kashmir.
- The fifth submarine, INS Vagir of Project 75, Kalvari Class submarines, Yard 11879, was handed to the Indian Navy on December 20, 2022.
- Project 75 envisions the indigenous manufacture of six Scorpene-style submarines.
- Vagir, which was launched on November 12, 2020, began sea testing on February 1, 2022, and it is a source of great pleasure because she has completed all key trials, including weapon and sensor trials, in the lowest amount of time in comparison to previous submarines.
- Sashastra Seema Bal celebrates its ’59th Raising Day’ on December 20 with a dedication to a safe, secure, and prosperous India.
- Sashastra Seema Bal, or SSB, is an Indian border security organization that patrols the country’s borders with Nepal and Bhutan.
- It is one of the five Central Armed Police Forces and is overseen by the Ministry of Home Affairs.
- In the aftermath of the 1962 India-China conflict, it was thought that the frontiers of India should need an extra force along with the Tri-Forces (Indian Army, Indian Navy, and Indian Air Force).
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