2 days ago
NITI Aayog -Institute for Competitiveness as the knowledge partner released the India Innovation Index (III) 2019. Karnataka is the innovative primary state in India.
Tamil Nadu, Maharashtra, Telangana, Haryana, Kerala, Uttar Pradesh, West Bengal, Gujarat, and Andhra Pradesh are the remaining ten major states respectively. The ten states in southern and western India. Sikkim and Delhi take the top spots among the northeastern & hill states and union territories/city-states/small states, respectively. Delhi, Karnataka, Maharashtra, Tamil Nadu, Telangana, and Uttar Pradesh are the most efficient states in translating inputs into output.
The index released in the presence of Dr. Rajiv Kumar, Vice Chairman, NITI Aayog; Amitabh Kant. The India Innovation Index would create synergies between different stakeholders in the innovation ecosystem, and India would shift to good competitive governance. India has a unique opportunity among its myriad challenges to become the innovation leader in the world.
History of NITI Aayog with Institute for Competitiveness
The role of innovation as a key driver of growth and prosperity for India, NITI Aayog with the Institute for Competitiveness as the knowledge partner, has released the India Innovation Index 2019.
The aim is to create a holistic tool that used by policymakers across the country to identify the challenges to build the economic growth policies for regions.
The index to create an extensive framework of 29 states and seven union territories in India and intends to perform the following three functions-
1) Ranking of states and UTs based on their index scores,
2) Recognizing opportunities and challenges
3) To assist in tailoring governmental policies to foster innovation.
India Innovation Index 2019
The India Innovation Index 2019 is calculated as the average of the scores of its two dimensions - Enablers and Performance. The Enablers are grouped in five pillars: (1) Human Capital, (2) Investment, (3) Knowledge Workers, (4) Business Environment, and (5) Safety and Legal Environment. The Performance dimension captures benefits that a nation derives from the inputs, divided into two pillars: (6) Knowledge Output and (7) Knowledge Diffusion.
The industrial policies at the state level should focus more on innovation. At present, only a few policies exist for innovation, even in the most innovative states and union territories.
2 days ago
World Bank reported that India achieved annual growth, exceeding 7% in the past 15 years. The country has put efforts to pull millions of people out of poverty.
♦ In the past 30 decades, India has halved its poverty rate.
♦ Great improvements in most human development outcomes has been highlighted by the World Bank.
♦ The report also said that growth is expected to continue, and the elimination of extreme poverty in the next decade is within reach.
♦ It also warned that India's development trajectory might face considerable challenges.
♦ There is an immense need to achieve greater resource efficiency as it sustains growth
♦ Water management is necessary to prepare for shifting water allocation to higher-value uses and for policies to improve the value of water use within sectors.
2 days ago
The Asia-Pacific Trade and Investment Report (APTIR) was jointly released by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the United Nations Conference on Trade and Development (UNCTAD). It is a biennial publication.
The report provides insights into the impact of recent and emerging developments in trade and foreign direct investment (FDI) on countries' abilities to meet the challenges of achieving sustainable development.
The theme of 2019 APTIR is Navigating Non-tariff Measures (NTMs) towards Sustainable Development.
♦ The Report provided an overview of NTM trends and developments in Asia and the Pacific region.
♦ It explored the relationships between NTMs and the Sustainable Development Goals (SDG).
♦ The report said that Non-tariff measures (NTMs) have increased in the past two decades and are affecting trade and SDGs in Asian countries
♦ The report evaluates the impacts of NTMs on trade and investment, based on both quantitative analysis and private-sector surveys.
♦ It showed the importance of aligning NTMs with international standards and introducing simplifying procedures related to these regulatory measures.
♦ The report closes by offering sets of national-and regional-level policy recommendations for streamlining NTMs for sustainable benefits.
2 days ago
India ranked third in the 2019 Hurun Global Unicorn List. It accounts for 21 of the world’s 494 unicorns. China topped the list with 206 Unicorns, followed by the US with 203 Unicorns.
The first edition of the Hurun Global Unicorn List 2019 was released by the Hurun Research Institute. The list is a ranking of the world’s billion-dollar tech start-ups that were founded in the 2000s and not yet listed on a public exchange.
Hurun Research found 494 Unicorns across the world based in 25 countries and 118 cities. The unicorns were worth $3.4 billion on average and $1.7 trillion in total.
Indian unicorns are led by One97 Communications of worth $10 billion, followed by Ola Cabs with $ 6 billion, Byju’s with $6 billion, and OYO Rooms $5 billion.
3 days ago
India ranked 82nd in the 2019 World Giving Index (WGI). The survey ranking was released by the Charities Aid Foundation (CAF), an international organization. It aims to promote giving to transform lives and communities across the world.
The survey was conducted by CAF over the past decade, 2009 to 2018. The survey covered 1.3 million people worldwide.
♦ As per the WGI report, India showed that 34% of people helped a stranger, 24% donated money, and 19% volunteered or donated their time.
♦ India's ranking might not be representing the exact ranking as much of the giving is informal, and the survey might have missed many.
♦ India remains unorganized and informal. In India, giving is viewed as a community/ religious obligation.
♦ It needs to be more strategic so that philanthropy will create a strong and healthy economy.
WGI 2019 list:
Top 10 countries:
USA topped the WGI 2019 list. It is followed by Myanmar, New Zealand, Australia, Ireland, Canada, UK, Sri Lanka, and Indonesia.
India's neighboring countries:
Nepal ranked 53, and Pakistan ranked 69.
Bottom 3 countries:
The bottom three countries on the list are Yemen, Greece, and China.
Charities Aid Foundation (CAF):
Founded: UK, 1974
Headquarters: Kent, UK
CAF is a registered UK charity. It promotes general donation to charities.
3 days ago
India ranked 102nd in 2019 on the Global Hunger Index (GHI). It had slipped from 95th rank in 2010. Seventeen countries, including Belarus, Ukraine, Turkey, Cuba, and Kuwait, shared the top rank with GHI scores. The report said Ethiopia and Rwanda had shown notable progress.
The Global Hunger Index (GHI) 2019 was jointly prepared by Concern Worldwide, an Irish aid agency, and Welt Hunger Hilfe, a German organization.
♦ India has shown poor performance with the increase in the prevalence of wasting low weight for height among children under five
♦ In 2000, India ranked 83rd out of 113 countries. Apart from the fall, the improvement in India’s GHI score has also decelerated.
♦ The improvement from 38.9 in 2005 to 32 in 2010 has been reduced to 30.3 between 2010 and 2019.
4 days ago
Tata Consultancy Services (TCS) has been selected as the overall most outstanding company in India's IT services sector in Asiamoney's 2019 outstanding companies poll. Asiamoney's various investor surveys recognized TCS as the most awarded company of the decade in India including awards like the best-managed companies award, the corporate governance poll.
Asiamoney's outstanding companies poll has been designed to acknowledge listed companies in 12 countries in Asia. The companies that have excelled in areas such as financial performance, management team excellence, investor relation activities, and CSR initiatives will be considered. Around 800 bankers, fund managers, buy-side analysts, and research analysts participated in the 2019 poll, casting over 4,000 votes.
4 days ago
State Bank of India (SBI) re-entered the elite club of the top-10 most valued domestic firms by market valuation after a gap of two weeks on 14 October. On 1 October, SBI lost its spot to Bajaj Finance in the club of top-10 most valued domestic companies.
The market capitalization (m-cap) SBI was at Rs.2,27,979.20 crore, which is Rs 2,899.12 crore more than that of Bajaj Finance Rs.2,25,080.08 crore valuation on the BSE. Shares of SBI closed flat at Rs.255.45, up 0.37%, while those of Bajaj Finance fell 2.37% to Rs.3,881.65.
Top-10 most valued domestic firms:
♦ Reliance Industries Ltd is the country topped the most valued firm with a valuation of Rs.8,60,631.07 crore.
♦ It was followed by TCS with an m-cap of Rs.7,58,338.19 crore.
♦ Other firms in the top-10 most valued domestic firms list are HDFC Bank, Infosys Kotak Mahindra, and SBI.
♦ Bajaj Finance is currently on the 11th spot in the ranking of the top 100 companies by m-cap.
October 14, 2019
India became the seventh most valuable nation brand in the world. The annual report on the world's most valuable nation brands was compiled by Brand Finance. The report showed India's brand value increased by 19% in the year 2018-2019 to $2,562 billion. The Indian economy recovered quickly after the global financial crisis. The economic growth of India has now reduced by a recent slowdown in both the manufacturing and construction sectors.
The US topped as the most valuable nation brand, with a brand value of $27,715 billion. It is followed by China and Germany ranked third.
The top 20 contries are listed below:
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October 12, 2019
Reliance Industries Ltd (RIL) Chairman Mukesh Ambani bagged the number one spot with $51.4 billion net worth on Forbes list of richest Indians for the year 2019. Gautam Adani came a close second as he jumped 8 spots on the list with a net worth of $15.7 billion.
This is the 12th consecutive year that Ambani has topped the list despite being a challenging year' for the Indian economy According to the American business magazine. Ambani's wealth swelled to $51.4 billion this year.Mukesh Ambani remains the richest Indian for the 12th year in a row. Reliance Industries is became one of India's biggest mobile carriers with 340 million subscribersAdani who rose 8 spots to bag the second place on the list saw his fortune rise on account of venturing into a slew of new businesses from airports to data centres.Ashok Leyland owners Hinduja brothers came third with a net worth of $15.6 billion, Shapoorji Pallonji Group's Pallonji Mistry was on the fourth spot with a $15 billion net worth, Kotak Mahindra Bank's Uday Kotak ranked fifth with $14.8 billion net worth followed by HCL Technologies Shiv Nadar with a net worth of $14.4 billion.
This year also spelled an 8% drop in the total wealth of business tycoons on the Forbes' 2019 list to $452 billion. It had been a challenging year for the nation's wealthiest" owing to the economic slowdown.
October 12, 2019
According to a report by New World Health Mumbai is the 12th richest city in the world with a total wealth of $960 billion,
It is the only Indian city to feature in the top 20 list of wealthiest cities in the world. Delhi is on 22nd position and second Indian city after Mumbai on the wealth intelligence firm's The Wealthiest Cities Worldwide in 2019 list. Bangalore is on 26th spot while Hyderabad came last at 28.
Delhi, Bengaluru and Hyderabad were expected to grow strongly over the next 10 years. The three cities have been named under the 'cities to watch' category in the report.
New York City (NYC) topped the list with a total wealth of $3.0 trillion. The city is home to the highest number of millionaires and billionaires than any other city in the world. NYC has 65 billionaires and 3,80,000 millionaires, the report added. The city is also home to two largest stock exchanges in the world.
Tokyo won a second with a total wealth amounting to $2.5 trillion. The city is home to the 3rd largest stock exchange in the world.
The total wealth as mentioned in the report pertains to the private wealth held by all individuals living in each city. It comprises all their assets namely property, cash, equities, business interests less any liabilities.
New World Health
New World Wealth is a global market research group, based in Johannesburg, South Africa. They provide management consulting and public relations services to our clients. Our research covers 90 countries and 150 cities worldwide. They are the researchers behind the Africa Wealth Report and the Global Wealth Migration Review.
October 9, 2019
Singapore topped the 2019 Global Competitiveness Index (GCI) and pushed the US to the second place. India ranked 68th on the GCI. The list is compiled by the Geneva-based World Economic Forum (WEF).
Top 5 countries of the list:
2) The US
3) Hong Kong SAR
Report highlights about India:
♦ India ranked 58th in the 2018 GCI report. It is among the worst-performing BRICS nations. The reports suggested that India should grow its skills base.
♦ India's product market efficiency has been undermined by a lack of trade openness.
♦ About Indian's labour market, WEF said that it is characterized by a lack of worker rights’ protections, insufficiently developed active labour market policies and critically low participation of women.
♦ In the innovation area, India has proved above its development status with several advanced economies.
♦ Limited information, communications, and technology (ICT) adoption, poor health conditions and low healthy life expectancy are among the major shortcomings of the country.
Global Competitiveness Index (GCI):
GCI was launched in 1979. It analyzes the competitiveness landscape of 141 economies. It measures through 103 indicators including inflation, digital skills, life expectancy and trade tariffs.
October 5, 2019
Forbes released its 2019 edition of the Forbes 400 list that ranks the wealthiest people in America. Alice Walton of the Walmart dynasty topped as the richest woman in the world. She has a net worth of $51.4 billion. She is the only daughter of Walmart founder Sam Walton. The Waltons are the wealthiest family dynasty in the US. To make it into the list, the individuals need a minimum net worth of $2.1 billion.
Top 10 richest woman in the world in the Forbes 400 list:
♦ Alice Walton topped as the richest woman in the world in the Forbes 400 list
♦ Julia Koch stood second with a net worth of $41 billion
♦ MacKenzie Bezos stood 3rd with a net worth of $41 billion
♦ Jacqueline Mars stood 4th with a net worth of $41 billion
♦ Laurene Powell stood 5th with a net worth of $21.3 billion
♦ Abigail Johnson stood 6th with a net worth of $14 billion
♦ Blair Parry-Okeden stood 7th with a net worth of $9.6 billion
♦ Christy Walton stood 8th with a net worth of $8.5 billion
♦ Ann Walton stood 9th with a net worth of $7.5 billion
♦ Marijke Mars, Pamela Mars, Valerie Mars, Victoria Mars stood 10th with a net worth of $7.4 billion
October 3, 2019
Piyush Goyal-led Railway Ministry has released the Station Cleanliness Survey 2019 that ranks the cleanest railway stations in India. Jaipur station of Rajasthan has topped the list of cleanest railway stations in India. The survey was carried out and the list was prepared by the Quality Council of India (QCI).
♦ Jaipur ranked first with an overall cleanliness score of 931.75. Jodhpur ranked second with a score of 927.19
♦ Durgapura is third with a score of 922.50
♦ Suburban group of stations category, Maharashtra’s Andheri station has topped the list
♦ North Western Railway Zone won the cleanest railway zone 2019 award. This zone has maintained its rank as the cleanest railway zone in India from 2018
♦ The list included 4 categories namely:
1) Cleanest railway stations
2) Cleanest railway zones
3) Cleanest suburban railway stations
4) Cleanest non-suburban railway stations
Top 10 in the list under the 4 categories are:
October 1, 2019
Kerala has emerged on top among 20 large states in terms of quality of school education in the School Education Quality Index (SEQI). SEQI was jointly released by NITI Aayog, Ministry of Human Resource Development and the World Bank, alongside sectoral experts. The report is based on indexing of states and Union Territories (UTs) on the learning outcomes for school-going children.
SEQI index aims to help the government to identify the strength and weakness in school education. It also takes required correction measures like policy interventions to rectify them.
The report aimed to evaluate the performance of states and Union Territories (UTs) in the school education sector. SEQI report has considered 2015-2016 as the base year and 2016-2017 as the reference year.
The index was prepared on the basis of 30 indicators. It was divided into two broad categories:
♦ outcomes that consisted of learning, access, infrastructure and facilities, and equity outcomes
♦ governance processes aiding outcomes
♦ In the SEQI report, Rajasthan stood second followed by Karnataka. Uttar Pradesh ranked at the bottom of the report. The overall performance score for the large states ranged from 76.6% for Kerala to 36.4% for Uttar Pradesh.
♦ Among eight smaller states, Manipur topped the report. Tripura ranked second and Goa secured third position. It was followed by Mizoram, Nagaland, Sikkim, Meghalaya and Arunachal Pradesh.
♦ Among the seven UTs, Chandigarh topped the SEQI report. It was followed by Dadra and Nagar Haveli, Delhi, Puducherry, Daman & Diu, Andaman & Nicobar Islands and Lakshadweep.
♦ The highest incremental performance was recorded in Kerala. In 2015-2016, it scored 77.6% and in 2016-2017 it secured 82.2%.
♦ Other States like Tamil Nadu, Haryana, Gujarat and Himachal Pradesh have improved their performances in school education sector.
September 27, 2019
Cochin International Airport Limited (CIAL) has been selected as the best airport in the Asia-Pacific region in terms of services it offered to passengers. The airport was recognized by Airport Council International (ACI).
The award was presented to the authorities of Cochin International Airport at the second Annual ACI Customer Experience Global Summit held at Bali, Indonesia.
Airport Council International (ACI) conducted an annual survey in the 5-15 million passenger category in Airport Service Quality's (ASQ) and CIAL topped among them. One airport from Indonesia has also won recognition in the same category.
ACI ASQ survey:
ACI ASQ survey is a world-renowned airport service quality benchmarking programme. The programme measures passengers' satisfaction and is designed for airports to understand the importance of monitoring and improving passenger service.
September 27, 2019
According to a global report, India has ranked 44th in World digital competitiveness rankings in 2019. India stood 48th rank in the year 2019. India has made various improvement in terms of knowledge and future readiness to adopt and explore digital technologies.
Also, according to the IMD World Digital Competitiveness Ranking 2019 (WDCR), with great advancement in the technology sub-factor level, India holds the first position in telecommunications investment.
The ranking list is produced by the IMD World Competitiveness Center. The rankings are based on various measures including the capacity and preparedness to adopt and explore digital technologies as a key driver for economic transformation in business, government and wider society.
WDCR examines three factors for the evaluation of an economy. The factors namely:
♦ knowledge, the capacity to understand and learn the new technologies and
♦ technology, the competence to develop new digital innovations
♦ future-readiness, the preparedness for the coming developments.
Top 10 ranks:
The top 10 rank holders in the list are:
♦ The US ranked first as the world's most digitally competitive economy.
♦ Singapore secured the second position
♦ Sweden secured the third position
♦ Denmark secured the fourth position
♦ Switzerland secured the fifth position
♦ The Netherlands secured the sixth position
♦ Finland secured the seventh position
♦ Hong Kong SAR secured the eighth position
♦ Norway secured the ninth position
♦ The Republic of Korea secured the tenth position
September 27, 2019
Automotive giant Tata Motors has ranked among the top five ranked global automobile manufacturers in Forbes’ World’s Best Regarded Companies 2019 list. In the overall ranking, Tata Motors ranked 31 out of 2000 companies on the list. In the previous year, Tata Motors ranked 70th in the list. Tata Consulting Services (TCS) and Tata Steel also ranked among the list.
Forbes’ World’s Best Regarded Companies:
Over 15,000 survey participants from more than 50 countries were evaluated for the Best Regarded Companies. Forbes assesses global enterprises on various parameters such as trustworthiness, social conduct, company as an employer and performance of the product or service.
Tata Motors Limited:
Founded on: 1945
Headquarters: Mumbai, Maharashtra
Chairman: Natarajan Chandrasekaran
CEO: Guenter Butschek
Products: Passenger cars, trucks, vans, coaches, buses, sports cars, construction equipment, and military vehicles, etc.
Auto manufacturing and assembly plants: Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune
September 26, 2019
The eighth IIFL Wealth Hurun India Rich List 2019 was released on 25 September 2019. Reliance Industries' Chairman Mukesh Ambani has topped the IIFL Wealth Hurun India Rich List. He has topped for the eighth consecutive year, with a net worth of Rs 3,80,700 crore.
The list reported that 953 individuals crossed the Rs.1,000 crore threshold to make the list. According to IIFL, the combined wealth of top 25 in the list equates to 10% of India's GDP and that of 953 accounts for 27%.
Top 10 in the list:
The top 10 in the list are:
♦ Reliance Industries' Chairman Mukesh Ambani has topped the list with a net worth of Rs 3,80,700 crore
♦ London-based SP Hinduja & family, with assets worth Rs.1,86,500 crore, retained the second rank in the list
♦ Wipro founder Azim Premji stood at the third place with a wealth of Rs.1,17,100 crore.
♦ L N Mittal, chairman and CEO of ArcelorMittal ranked as the 4th richest with a wealth of Rs.1,07,300 crore
♦ Gautam Adani was placed on the 5th position with a net worth of Rs.94,500 crore.
♦ Uday Kotak stood at the 6th place with a wealth of Rs.94,100 crore
♦ Cyrus S Poonawalla ranked 7th with Rs.88,800 crore assets
♦ Cyrus Pallonji Mistry stood at 8th spot with a wealth of Rs.76,800 crore
♦ Shapoor Pallonji stood at the 9th position with a net worth of Rs.76,800 crore
♦ Dilip Shanghvi ranked 10thin the slot with Rs.71,500 crore wealth.
September 21, 2019
Three Indian Institute of Technologies (IITs) and Delhi University have ranked among the top 200 in QS World Graduate Employability Rankings. The 2020 QS World University Rankings: Graduate Employability included revaluation of 758 institutions that comprises a 15% increase in the number of institutions on previous year's edition.
Indian Institute of Technology (IIT) Bombay is ranked in the 111-120 range. It is among the top 24% institutes in the 2020 QS Graduate Employability Rankings with the score 54-55.1/100.
Other Indian Institutes:
Other Indian institutes that were ranked among top 200 includes IIT Delhi, IIT Madras, and Delhi University.
Apart from this, IIT Kharagpur, BITS Pilani, University of Mumbai, IISc Bangalore, IIT Kanpur and the University of Calcutta have also been ranked among 201-500 range in the 2020 QS World Graduate Employability Rankings.
The ranking is compiled based on factors with five indicators namely:
♦ employer reputation
♦ alumni outcomes
♦ partnerships with employers
♦ employer/student connections
♦ graduate employment rate
Top 10 institutes on the QS World Graduate Employability Rankings 2020:
1) Massachusetts Institute of Technology (MIT), United States
2) Stanford University, United States
3) University of California, Los Angeles (UCLA), United States
4) The University of Sydney, Australia
5) Harvard University, United States
6) Tsinghua University, China
7) The University of Melbourne, Australia
8) University of Cambridge, United Kingdom
9) The University of Hong Kong, Hong Kong
10) University of Oxford, United Kingdom
September 11, 2019
Jammu & Kashmir topped the highest consumption of iodized salt and Tamil Nadu ranked last as the lowest consumption of iodized salt in the country. The study has shown 76.3% of Indian households use iodized salt with fifteen components of per million of iodine.
Salt producers in India:
Gujarat produces 71% of salt in the country
It is followed by Rajasthan at 17%
Tamil Nadu, being the third-largest producer of Salt in India, produces 11%
The rest of the country produces 1% of the salt produced
The survey was conducted by Nutrition International unitedly with the All India Institute of Medical Sciences (AIIMS) and also the Indian Coalition for the management of Iodine Deficiency Disorders (ICCIDD). The survey tested the iodine content in samples of preparation salt from households to estimate the coverage of iodized salt.
The survey said that 13 out of 36 States have already achieved Universal Salt Iodisation or have 90% of households with access to adequately iodized salt. The study was to make sure that the iodine coverage does not fall below current levels.
Iodine is a vital micro-nutrient. It is very important for the optimum mental and physical development of people. Deficiency of iodine leads to disabilities and disorders like thyromegaly, gland disease, cretinism, abortion, stillbirths, stupidity, and cognitive content defects. Hence it is necessary that salt is iodized.
September 6, 2019
The World Gold Council (WGC) released the 2019 list of gold reserves. The country who topped the list was the United States(US). They have gold reserves of 8,133.5 tonnes, followed by Germany (3,366.8 tonnes) at second place. India entered the top 10 list this year ranking at 10th spot surpassing the Netherlands (612.5 tonnes) it ranked 9th position in terms of individual countries with 618.2 tonnes, as the International Monetary Fund(IMF) ranks third (2,451.8 tonnes) in the gold reserve list.
Last Year India Report
India’s gold reserve grown from 357.8 tonnes in the first quarter of 2000 to 618.2 tonnes at present. India’s neighbouring country Pakistan 45th position (64.6 tonnes) in 2019 list.
Top 5 Rank Country
1- United States
3- International Monetary Fund
September 6, 2019
According to the Travel and Tourism Competitiveness Index (TTCI) for the year 2019 released by the World Economic Forum(WEF). India ranked at the 34th spot from 6 places from the 2017 report (40th rank). The index topped by Spain It is followed by France and Germany in the second and third places.
Around 140 countries were ranked based on four sub-indexes. They are ranked mainly on the basis of
Travel and Tourism policy enabling conditions
Natural and cultural sources and
India needs to improve in the enabling environment, tourist service infrastructure and environmental sustainability as it ranks 98th, 109th and 128th respectively.
1 - Spain
3 - Germany
5- United States
6- United Kingdom
September 3, 2019
Ministry of Commerce & Industry released the summary of the Index of Eight Core Industries with the base 2011-12. Among the total Index of Industrial Production (IIP), the 8 core industries comprise of 40.27% of the weight of items. In June 2019, the combined Index of Eight Core Industries stood at 131.4. This amount is 0.2% higher than that of the index of June 2018. Its cumulative growth of the core industries was 3.5% during April to June 2019-20.
The Eight Core Industries are crude oil, coal, cement, natural gas, electricity, steel, refinery products, and fertilizers. The Index of 8 Core Industries is a monthly production index. The monthly industrial performance is calculated by using these 8 core sectors as a lead indicator.
Index of 8 core industries:
♦ Coal - Coal production increased by 3.2% in June 2019 over June 2018. Its cumulative index increased by 2.7% to the previous year.
♦ Crude Oil - Crude Oil production declined by 6.8% in June 2019 over June 2018. Its cumulative index declined by 6.8% to the previous year.
♦ Natural Gas - Natural Gas production has reduced by 2.1% in June 2019 over June 2018. Its cumulative index declined by 0.9% to the previous year.
♦ Refinery Products - Petroleum Refinery production declined by 9.3% in June 2019 over June 2018. Its cumulative index declined by 2.4% to the previous year.
♦ Fertilizers - Fertilizers production increased by 1.5% in June 2019 over June 2018. Its cumulative index declined by 1.1% to the previous year.
♦ Steel -Steel production increased by 6.9% in June 2019 over June 2018. Its cumulative index increased by 13.7% to the previous year.
♦ Cement - Cement production declined by 1.5% in June 2019 over June 2018. Its cumulative index increased by 1.2% to the previous year.
♦ Electricity - Electricity generation has increased by 7.3% in June 2019 over June 2018. Its cumulative index increased by 6.9% to the previous year.
August 31, 2019
Mumbai ranked as the 45th safest city on the Safe Cities Index (SCI). Delhi got at the 52nd position. The report was released by the Economist Intelligence Unit
The cities in the Asia-Pacific (Apac) region made up six of the top-10 safest cities with Tokyo taking the top spot.Tokyo, Apac cities dominated the SCI 2019. Singapore and Osaka got second and third while Sydney and Melbourne made it to the top-10 cities list.Hong Kong dropped out of this group since 2017.Seoul joined the top-10 cities' league taking eighth place with Copenhagen.
Safe Cities Index (SCI)
The Safe Cities Index (SCI) 2019 ranks 60 countries worldwide across five continents and measures the multi-faceted nature of urban safety with indicators categorised as digital, infrastructure, health and personal security.
The Tokyo, Singapore and Osaka to rank within the top-three cities in the Index. The region hosts some of the lowest-scoring cities in the world, with Yangon, Karachi, and Dhaka close to the bottom of the list.
The cities perform well across the categories of health security, infrastructure security and personal security their North American counterparts generally fare better in digital security, accounting for seven of the top-10 cities in this category.
August 28, 2019
World Vision India and IFMR LEAD released a report on the India child well-being index 2019 on 27 August. In the Index states like Kerala, Tamil Nadu, Himachal Pradesh, and Puducherry topped the charts. States like Meghalaya, Jharkhand and Madhya Pradesh ranked bottom in the index. The centre is fully committed to secure the rights and well-being of children.
The report by the non-government organization and the research institute aimed to look at the India fairs on child well-being using a composite child well-being index. The dimensions of the index include various factors like healthy individual development, positive relationships, and protective contexts.
Niti Aayog report:
NITI Aayog said that the India child well-being index is very crucial that the Government and civil organizations should take note and the needed measures. This will achieve the goal of child well-being and the report will; be used effectively. The report provides nutrition for the children, education, insights on health, sanitation and child protection.
August 26, 2019
Gujarat topped the second Round of Composite Water Management Index (CWMI 2.0). It was released by NITI Aayog in New Delhi. It measures the performance of states on a set of water indicators. The move comes at a time when various states across the country are facing a shortage in groundwater. The index assesses the performance of States on a comprehensive set of water indicators and reports relative performance in 2017-18 as well as trends from previous years (2015-16 & 2016-17).
Composite Water Management Index was released for the first time in 2018 to instill a sense of cooperative and competitive federalism among the states. It was the first attempt to create a pan-India set of metrics that measured different dimensions of water management and use across the lifecycle of water.
♦ CWMI comprises of nine themes that include attention to groundwater and restoration of water bodies.
♦ It said that 80% of states that were assessed on the Index over the last three years have improved their water management scores.
♦ States that topped the CWMI are Gujarat, Andhra Pradesh, Madhya Pradesh, Himachal Pradesh.
♦ These states have further increased the scores over the last three years.
♦ States including Jharkhand, Uttar Pradesh, Odisha, and Bihar continue to be in the low-performing category.
♦ The report said that Puducherry has been declared as the top-ranked among the UTs. This is the first time the Union Territories (UTs) have submitted their data.
♦ Under the theme incremental change in the index, Haryana holds the number one position among general states and Uttarakhand amongst northeastern and Himalayan states.
August 26, 2019
Henley Passport Index for the year 2019 released. The report ranks India at 86th position of 189 countries in 2019. It secured a score of 58. It slipped 79th place in its previous index. The report stated that Japan and Singapore as the “world’s most powerful passport” in 2019.Japan topped the list for the second consecutive time in a row 189 countries.
Around 8 nations added to India’s list of visa-free access between 2010 and 2019 It is ranked lowest among BRICS nations. It shares the spot with Mauritania, and Sao Tome and Principe.
Mobility score mainly states that the no. of countries a person can visit without visa restrictions. India denotes that a person can access 58 countries to which holders are eligible to travel without a visa in prior.
The rankings are as follows:
1 - Japan and Singapore.
2 - South Korea, Germany & Finland.
3 - Denmark and Italy.
4 - France and Sweden.
5 - Austria, Netherlands, Portugal & Switzerland
6 - Belgium,Canada,Greece,Ireland,Norway, United Kingdom(UK) and the United States(US).
7 - Malta
8 - Czech Republic.
9 - Australia, Iceland, New Zealand and Lithuania.
10 - Latvia, Slovenia & Slovakia
Henley Passport index:
It is a global ranking of countries to travel freedom for their citizens.
It started in 2005 as Henley & Partners Visa Restrictions Index (HVRI). Later it was modified and renamed in January 2018.
August 22, 2019
Shri RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) and Skill Development & Entrepreneurship, launched the State Rooftop Solar Attractiveness Index–SARAL. The State of Karnataka placed at the first rank in the Index. The Indian states based on their attractiveness for rooftop development. Telangana, Gujarat and Andhra Pradesh have got 2nd, 3rd, and 4th rank respectively.
Shri RK Singh would incentivise rooftop solar by creating healthy competition among the States.
The states to channelize investments eventually help the sector grow.
The Ministry of New and Renewable Energy (MNRE) set a target of 175 GW of renewable energy capacity by 2022, of which 100 GW solar power is to be operational by March 2022. It has 40 GW is expected to come from grid connected solar rooftops. The Indian Grid Connected Rooftop PV (GRPV) segment is slowly gaining momentum with substantial interest from entrepreneurs, developers, financial institutions, development banks, end users and government entities.
The MNRE has developed the State Rooftop Solar Attractiveness Index–SARAL that evaluates Indian states based on their attractiveness for rooftop development.
SARAL is the first of its kind index to provide a comprehensive overview of state-level measures adopted to facilitate rooftop solar deployment.
Review, Planning & Monitoring Meeting held
Power Minister Shri RK Singh chaired the Review Planning and Monitoring (RPM) Meeting with States and State Power Utilities. The State emphasised the need to make Power Sector sustainable and viable so as to ensure 24/7 power supply to all consumers.
SARAL designed collaboratively by the Ministry of New and Renewable Energy (MNRE), Shakti Sustainable Energy Foundation (SSEF), Associated Chambers of Commerce and Industry of India (ASSOCHAM) and Ernst & Young (EY). It is launched during the Review Planning and Monitoring (RPM) Meeting with States and State Power Utilities.
SARAL currently captures five key aspects
robustness of policy framework
The Meeting discussed various schemes and issues pertaining to the sector such as Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY), Integrated Power Distribution Scheme (IPDS), UDAY, 24/7 power supply.
August 20, 2019
India is the largest emitter of anthropogenic sulphur dioxide in the world as per the data released by environmental NGO Greenpeace 2019. Anthropogenic sulphur dioxide chemical is produced from the burning of coal and it is known to largely contribute to air pollution. The analysis of NASA data released by Greenpeace . India has over 15 per cent of all anthropogenic sulphur dioxide (SO2) hotspots in the world.
The SO2 hotspots were detected by OMI (Ozone Monitoring Instrument) satellite.
Impact of SO2 Emission
The air gets polluted due to the SO2 emission and air pollution occurs. The largest source of SO2 in the atmosphere is the burning of fossil fuels and other industrial facilities.
Air pollution became a huge public health concern. Around 91 percent of the world's population living in areas where air pollution exceeds the limit set by the World Health Organization (WHO). Around 4.2 million people are dying prematurely every year.
Famous SO2 Spots in India
The majority of the plants in India lack flue-gas desulfurization technology which leads to reduce air pollution.
The main SO2 hotspots in India includes Singrauli in Madhya Pradesh, Korba in Chhattisgarh, Talcher and Jharsuguda in Odisha, Neyveli and Chennai in Tamil Nadu, Kutch in Gujarat, Ramagundam in Telangana and Chandrapur and Koradi in Maharashtra.
How to control the SO2 emission?
India should against coal power plants and should not give them a free hand to continue polluting the atmosphere and cause a public health emergency.
Environment Ministry introduced SO2 emission limits for coal power plants in December 2015. They set the initial deadline to control SO2 emissions from power generation by December 2017.
The deadline later extended till December 2019.Ministry of Power and power plant operators in Delhi-NCR. The power plants across the country through a Supreme Court order.
August 16, 2019
Jal Shakti Minister Shri Gajendra Singh Shekhawat launched the Swachh Survekshan Gramin 2019 (SSG 2019) The scheme instituted from August 14 to September 30.
Swachh Survekshan Gramin 2019
SSG 2019 will cover 17,450 villages in 698 districts across India. It includes 87,250 public places namely schools, Anganwadi centers, public health centers, haat/bazaars/religious places. Around 2,50,000 citizens will be interviewed for the survey. Citizens will also be mobilized to provide feedback on sanitation relation related issues online using an application developed for the purpose.The independent survey agency will conduct the survey in all districts.
The results will be announced based on quantitative and qualitative sanitation parameters. Around 5.8 lakh villages, 639 districts and 32 States/UTs declared Open Defecation Free (ODF) in rural India. The country is well poised for an Open Defecation Free India by October 2, 2019. Shri Shekhawat emphasized on the huge success of the Swachh Bharat Mission. The mission is being taken to the next level. The main aim is to focus on solid-liquid waste management and plastic waste management. The enthusiasm showed by all stakeholders towards last year survey and encouraged the gathering to garner even higher momentum at the grassroots level this year. The main aim is to highlight that this year the focus is on plastic waste disposal amongst other wastes. The detailed protocol developed to guide the ranking of Districts basis their performance on key quality and quantitative parameters.
August 9, 2019
United Nations report said that the Papua New Guinea has the highest number of living indigenous languages in the world with 840. India stands fourth with 453.
UN observes the year 2019 as its International Year of Indigenous Languages. UN's Permanent Forum on Indigenous Issues reported that nearly 40% of the estimated 6,700 languages spoken around the world were in danger of disappearing and endangered.
Totally 7,111 living languages worldwide has been listed so far. The most widely spoken languages worldwide are Chinese, Spanish, English, Hindi and Arabic. These 5 languages covers around 40% of the total worldwide languages.
Papua New Guinea:
Monarch: Elizabeth II
Governor-General: Bob Dadae
Prime Minister: James Marape
Capital: Port Moresby
Currency: Papua New Guinean kina (PGK)
Papua New Guinea is linguistically the world's most diverse country with more than 700 native tongues. Around 80% of the country's people are not exposed to modern life. The people live within a non-monetarised economy dependent on subsistence agriculture.
August 4, 2019
According to World Bank data survey, India slipped to the 7th position in the global GDP rankings in 2018. It stands marginally behind UK and France. Economists suggested that the reason for the fall in GDP is due to currency fluctuations and a slowdown in economic growth.
Gross domestic product (GDP) is the monetary measure on market value of goods and services in a specific time period annually.
Previous year report:
In 2017, India stood on the 6th position with a GDP rate of $2.597 trillion. India was just ahead of France which has $2.582 trillion. As per earlier data, India was on the 6th position in 2017, ahead of just France.
UK’ has an economic growth of 6.81% against a contraction of 0.75% in this period. The French economy expanded by 7.33% against 4.85%.
The Survey also said that the Indian economy will overtake Japan by 2025 and will become third largest in 2025 as India planned to increase its economic size to $5 trillion by 2024-25. Japan’s economic size was $4.97 trillion in 2018 which is higher than India’s by $2.24 trillion.
The list of top 10 countries are given below:
August 4, 2019
Bloomberg report said that MacKenzie Bezos is now the world’s third-richest woman. MacKenzie is now the ex-wife of Amazon CEO Jeff Bezos.
Also, Forbes billionaire list said that after the divorce, she has become the second-largest individual shareholder of Amazon and the third wealthiest woman in the world. Jeff Bezos transferred around 19.7 million Amazon shares to MacKenzie Bezos during the divorce. This has brought Jeff Bezos' ownership stake in the company from 16% down to 12%.
Jeff Bezos still remains the richest person on the planet. According to Forbes Real-Time Rankings, Jeff Bezos is worth $117.8 billion. Bill Gates, Microsoft co-founder and philanthropist Bill Gates, found wealthier than the second-richest person.
August 1, 2019
London named the world’s best city for students. According to the rankings, India’s best student city is Bengaluru at 81st. It is followed by Mumbai (85th) and Delhi at 113 and Chennai at 115. There are a total of 120 cities in the list. This report is released for the second consecutive year. London beat Tokyo and Melbourne and came second and third respectively on new worldwide rankings.
The QS Best Student Cities ranking was done by global education consultancy QSQuacquarelli Symonds. It mainly highlights each city’s performance across different categories. The number of Indians moving to London for higher studies rose by 20% in 2017-18. They marked an increase from 4,545 in 2016-17 to 5,455 in the fiscal year 2017-18. The numbers are below the mark than could be achieved considering India’s vast student base. The Top 10 in QS Best Student Cities Ranking 2019 are listed below.
July 31, 2019
According to the latest “Women Entrepreneur Cities Index 2019”, sponsored by Dell and conducted by London-based global information provider, IHS Markit, The Singapore tops in Asian city ranked at 21st position.
Indian cities Bangalore(Karnataka) and Delhi ranked 43rd (7th in Asia) and 50th (10th in Asia).The ranking measures a city’s ability to attract and support high potential women entrepreneurs. And it is constructed using five “pillars” They include market, talent, capital (all 3 under operating Environment), culture and technology(under Enabling Environment).San Francisco Bay Area topped the list.They secured 63.7 points It is followed by New York(62.9 points) and London(3rd ).
Delhi achieved the 26th rank globally and is improved in terms of the increasing availability of funding to women entrepreneurs.
In terms of representation of women on corporate boards, Paris performed better with 44% of the representation.As per the World Bank, women were not benefited equally from India’s rapid economic growth even though they make up 48% of the Indian population.
Around 65% of women are literate as compared to 80% of men
India is the lowest female labor force participation rates in the world(Less than a third of women (15 years /older) are working or actively looking for a job.
To help rural women set up, scale up their enterprises.
The World Bank together with UN Women (a United Nations entity dedicated to gender equality and empowerment of women), and Small Industries Development Bank of India (SIDBI) launched a five-year tenor ‘women’s livelihood bond(WLB)’ to raise Rs.300 crore.
Currency: Singapore dollar
President: Halimah Yacob
Prime Minister: Lee Hsien Loong
About IHS Markit:
Headquarters: London, United Kingdom
CEO: Lance Uggla
July 26, 2019
Reliance Industries (RIL) has topped the Indian company to feature in the latest Fortune Global 500 list. RIL has moved 42 positions from its previous and has secured 106th ranking. The Indian company that stands next to RIL is the state-run Indian Oil Corporation (IOC). It has secured 117th rank.
The profit of RIL has been increased from $62.3 billion to $82.3 billion in 2019. IOC has recorded a 17.7% growth in revenue from $65.9 billion to $77.6.
Other Indian Companies in the list:
The other companies that are included in the Fortune Global 500 list are ONGC that ranked 160, State Bank of India that ranked 236, Tata Motors that ranked 265, Bharat Petroleum which ranked 275 and Rajesh Exports that ranked 495.
The World’s 500 largest companies has generated $2.15 trillion in profits. The companies are represented by 34 countries and have employees of 69.3 million people worldwide.
July 13, 2019
The UN Development Programme (UNDP) has released its Global Multidimensional Poverty Index (MPI) 2019. The report said that in the 101 countries assessed there are 31 low income, 68 middle income and 2 high income and about 1.3 billion people are multi- dimensionally poor.
The 2019 global Multidimensional Poverty Index (MPI) provides the detailed information to the policy makers who needs effectively target their policies. The MPI sheds light on disparities in how people experience poverty, revealing vast inequalities among countries and among the poor themselves.
The MPI parameter of the Index explored the ways in which people experience poverty in their health, education, and standard of living beyond income as the sole indicator for poverty.
This year’s MPI results show that more than two-thirds of the multidimensionally poor 886 million people live in middle-income countries. A further 440 million live in low-income countries. In both groups, data show, simple national averages can hide enormous inequality in patterns of poverty within countries.
In India there were 271 million fewer people in poverty in 2016 than in 2006, while in Bangladesh the number dropped by 19 million between 2004 and 2014.
June 26, 2019
Kerala has topped ranking state in terms of overall health performance as per the report submitted by NITI Aayog on health index. This is the second edition of its type. It measured the annual and incremental performances of states and UTs.
Next to Kerala, Andhra Pradesh and Maharashtra have emerged as the second and third best performers, respectively, on health parameters. Uttar Pradesh and Bihar were ranked the two worst performers, respectively.
Kerala secured an overall score of 74.01, while Uttar Pradesh was the least performing state with an overall score of 28.61. The report highlighted the outbreak of encephalitis in Bihar that killed over 150 children till 24 June.
In terms of incremental performances, Haryana, Rajasthan, and Jharkhand made the maximum improvement in terms of health among larger states.
Among the smaller states, Mizoram ranked first in overall performance, while Tripura and Manipur were top two states in terms of incremental performance.
Among the Union Territories, Chandigarh ranked first in overall performance, while Dadra and Nagar Haveli made the most improvement.
Report prepared by:
The report was prepared NITI Aayog in collaboration with the Ministry of Health and Family Welfare with technical assistance from the World Bank.
Healthy States Progressive India:
NITI Aayog's report, titled 'Healthy States Progressive India', ranked states and Union Territories (UTs) based on the Health Index. The evaluation was based on 23 indicators that covers the key aspects of health sector performance.
The first edition of the report of this kind was released in 2018. It measured the annual and incremental performances of states and UTs for period 2014-15 (as base year) to 2015-16 (as reference year).
In the 2018 report, Kerala, Punjab, and Tamil Nadu had ranked on top in terms of overall performance among bigger states. Jharkhand, Jammu and Kashmir, and Uttar Pradesh topped in terms of annual incremental performance.
Formed on: 1 January 2015
Chairman: Narendra Modi
Vice Chairman: Rajiv Kumar
CEO: Amitabh Kant
It replaced the Planning Commission.
The government think tank aims to achieve Sustainable Development Goals (SDG). It also plans to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process.
June 22, 2019
MIT (Massachusetts Institute of Technology) has made a history by topping the 2020 QS World University Rankings for the eighth consecutive year.
Stanford University, Harvard University and California Institute of Technology (Caltech) -- all retain their positions at second, third and fourth in the world, respectively.
Only three Indian institutes -- IIT-Bombay, IIT-Delhi and IISc-Bangalore making it to top 200 in 2020 QS World University Rankings.
The Indian Institute of Technology, Bombay (IIT-Bombay), has emerged as India's best institution in the Quacquarelli Symonds (QS) World University Ranking 2020. IIT Bombay which was at 162nd rank last year has moved up to 152nd rank.
IIT-Delhi has bagged 182th position and IISc Bangalore has secured 184th rank.
About QS World University Rankings:
Publisher: Quacquarelli Symonds Limited
First issue: 2004
QS ranking is one of the three most-widely read university rankings in the world, along with Academic Ranking of World Universities and Times Higher Education World University Rankings.
June 16, 2019
According to the United Nations Conference on Trade and Development (UNCTAD) World Investment Report 2019, India received foreign direct investments (FDI) worth USD 42 billion in 2018.
India attracted over 77% of the total foreign direct investments that came to the South Asian region.
The global FDI slipped by 13% in 2018, to US$1.3 trillion from $1.5 trillion in 2017, the third consecutive annual decline.
India’s rank as a source country for FDI dropped one place to the 10th position as it was overtaken by Spain.
Investment in India rose by 6% to USD 42 billion.
Among others in the South Asian region, FDI flows to Bangladesh and Sri Lanka rose to a record level, to USD 3.6 billion and USD 1.6 billion, respectively, while Pakistan witnessed a 27% decline in investment to USD 2.4 billion.
Established by: United Nations General Assembly in 1964.
Headquarters: Geneva, Switzerland.
It is part of the UN Secretariat.
Purpose: It supports developing countries to access the benefits of a globalized economy more fairly and effectively.
June 15, 2019
Iceland topped the Global Peace Index 2019 rankings which was released by Institute for Economics & Peace. Since 2008, Iceland holds the most peaceful country in the world. India ranked 141 among 163 countries. In 2018, India ranked at 136th among 163 countries.
Afghanistan ranked as the least peaceful country in the world. Th has replaced Syria, which is now the second least peaceful
The Australian think tank ranked countries according to their level of peacefulness.
The analysis were based on three major domains:
1) the level of societal safety and security
2) the extent of ongoing domestic and international conflict
3) the degree of militarization
Top/Bottom 5 countries:
The top five countries in the list are Iceland, New Zealand, Austria, Portugal, and Denmark.
The least 5 peaceful countries in the list are Iraq, Yemen, South Sudan, Syria and Afghanistan (ranked the least) remains the world's least peaceful counties.
Findings of the report:
The report highlighted that India, Philippines, Japan, Bangladesh, Myanmar, China, Indonesia, Vietnam and Pakistan are the nine countries with the highest risk of multiple climate hazards.
In the overall natural hazard score, India stands 7th highest.
The top 5 countries with the largest total military expenditure are India, the US, China, Saudi Arabia, and Russia.
Bhutan topped the index with 15th rank, followed by Sri Lanka 72nd rank, Nepal 76th rank and Bangladesh stood101 among the South Asian countries. Pakistan has been ranked 153rd on the index.
June 13, 2019
According to the 3rd End of Childhood Index Global Childhood Report 2019, India ranked 113 in 176 countries with 769 scores out of 1000.
The Index released on May 28, 2019, by 'Save the Children', a United Kingdom (13K) based non-profit organization which works for child rights.
The countries are decided on 8 parameters namely child mortality, malnutrition, lack of education, child labor, early marriage, adolescent birth, displacement by conflict and child homicide. Scores were out of 1000.The country topped Singapore with a score of 989 . 8 European countries figured among the top 10.South Korea at 10th position. The last rank is given to the Central African Republic 394
India ranked fourth and Bhutan (98), Sri Lanka (56) and China (36)
The rate of child marriage reduced to 25%
The biggest score witnessed in Latvia and Estonia (both up 40 points from 927 to 967) and Lithuania (up 39 points from 934 to 973)
The top 10 countries at this End of Childhood Index are:
5 - Slovenia
6 - Germany
7 - Ireland
8 - Italy
9 - South Korea
10 - Belgium
About Save the Children:
Headquarters: London, I-JK
Founded: April 15, 1919
June 11, 2019
Swiss-based International Institute for Management Development (IMD) World Competitiveness Ranking 2019 said Singapore has dethroned the US to become the most competitive economy in the world. Hong Kong stands second spot in the list. USA stands third followed by Switzerland and UAE and fourth and fifth respectively.
Qatar entered the top 10. India ranked 43, one position higher compared to 2018.
The ranking process considers a wide range of hard statistics such as Gross Domestic Product (GDP), unemployment and government spending on health and education. IMD also used the soft data from an Executive Opinion Survey which covers other parameters such as social cohesion, globalization and corruption.
June 7, 2019
India ranked 95th out of 129 countries in the Sustainable Development Goals Gender Index. India scored 56.2 on a scale of 0–100. The index found that no country has fully achieved gender equality and that the global average score of 65.7 out of 100 which falls in the poor category.
SDG Gender Index a new index that measures global gender equality considering various parameters such as education, literacy, political representation, poverty, health, and equality at the workplace. The SDG gender index included 51 indicators across 14 of the 17 official Sustainable Development Goals. The list covered 129 countries across all regions of the world.
Index developed by:
The SDG Gender Index was developed by UK-based Equal Measures 2030 along with regional and global organisations including Asian-Pacific Resource and Research Centre for Women, African Women's Development and Communication Network, Bill and Melinda Gates Foundation, and International Women's Health Coalition.
India in the list:
India's highest goal scores in the Index are on SDG 3 of health where it secured 79.9, SDG 2 of hunger and nutrition with 76.2 and SDG 7 of energy with 71.8.
India's lowest goal scores in the SDG index are on SDG 17 of partnerships, the country scored 18.3, SDG 9 of industry, infrastructure and innovation with 38.1 and SDG 13 of climate with 43.4.
Top/Bottom 10 Countries in the Index:
The countries that secured the top 10 ranks are Denmark, Finland, Sweden, Norway, Netherlands, Slovenia, Germany, Canada, Ireland, and Australia.
The countries that secured the last 10 ranks are Sierra Leone, Liberia, Nigeria, Mali, Mauritania, Niger, Yemen, Congo, DR Congo, and Chad.
May 23, 2019
The annual global index named Kids Right Index has ranked countries on the basis of how much they are involved and equipped to improve child rights. India ranked 117th out of 181 countries.
Iceland topped the ranking followed by Portugal
About Kids Right Index
Kids Rights Index is an initiative started by Kids Right Foundation with Erasmus University, Rotterdam.
The index is prepared on the basis of five indicators
Right to Life
Right to Education
Right to Health
Right to Protection
India scored 0.64 out of 1 in the overall category
Iceland has scored 0.967 and Portugal has scored 94.8.
Currency: Iceland Krona
President: Guoni Th. Johannesson
Prime Minister. Antonio Costa
May 18, 2019
India has found problems with the current method under which the Organisation for Economic Cooperation and Development (OECD) ranks countries based on their services trade policies, indicating the outcomes are biased and counter-intuitive.
Services Trade Restrictiveness Index (STRI):
STRI was launched in 2014.
STRI is computed by the OECD.
It ranks countries based on their service trade policies.
The ranking for 2018 for a total of 45 economies, among them 36 are OECD and the rest non-OECD, and 22 sectors are available.
A study commissioned by the Commerce Ministry found that the OECD index has a large number of problems associated with it, including some significant design issues that render it impractical for use.
For example, the index seems to show the Indian services sector as one of the most restrictive, particularly in policy areas like foreign entry (FDI). This factor, for instance, is not true as since 1991, the one area that has seen maximum liberalization in India is FDI.
India has approached various developing countries including China, Brazil, Indonesia, Turkey, South Africa, and Malaysia during the recently-concluded World Trade Organization talks in New Delhi to try to build consensus around adopting a new method of measuring trade restrictiveness in the services sector.
In order to rectify this, a team of econometricians from Indian Institute of Foreign Trade has designed a new way of measuring restrictiveness in the services trade that would be more robust and would not have a bias either for developed or developing countries.
Organization for Economic Co-operation and Development (OECD):
Established in: 1961
Headquarters: Paris, France
Membership: 36 countries
Secretary-General: Angel Gurria
OECD aims to promote policies that will improve the economic and social well-being of people around the world. It provides a forum in which governments can work together to share experiences and seek solutions to common problems. It sets international standards on a wide range of things, from agriculture and tax to the safety of chemicals.
May 1, 2019
Stockholm International Peace Research Institute's (SIPRI) report said that India is the world’s fourth biggest military spender in 2018. The United States topped the list and it is followed by China and Saudi Arabia.
India was the fifth largest military spender in 2017. France also figures on the list of top five spenders that together accounted for 60% of the global military spending in 2018.
India accounts for 3.7% of the global defence spending. In contrast, India’s military spending went up by 3.1% to $66.5 billion. Beijing increased its military expenditure by 5% to $250 billion in 2018. It accounted for 14% of global military spending.
The SIPRI report comes at a time when India is investing heavily in building its military capability with new fighter jets, warships, helicopters, artillery guns and infantry weapons.
Name: Stockholm International Peace Research Institute
Formed on: 6 May 1966
Headquarters: Solna, Sweden
Purpose: Provides data, analysis, and recommendations, based on open sources, to policymakers, researchers, media and the interested public
SIPRI is dedicated to research into conflict, armaments, arms control and disarmament.
SIPRI was ranked among the top three non-US world-wide think tanks in 2014.
April 30, 2019
Three Indians Menaka Guruswamy, Arundhati Katju and Mukesh Ambani have featured into TIME 100 Most Influential People list of 2019.
Global prominent names that have featured in this list included US President Donald Trump, China President Xi Jinping, Pakistan Prime Minister Imran Khan Pope Francis, golfer Tiger Woods and Facebook founder Mark Zuckerberg. Mukesh Ambani: He is Chairman and largest shareholder of Reliance Industries It is most valuable Indian company in terms of its market value.
April 25, 2019
StartupBlink has ranked 100 countries for startup environment of countries globally. The rankings were based on the data from over 61,000 startups, more than 500 accelerators, and over 1,400 coworking spaces registered on its platform along with data gathered from its global partners including Crunchbase, SimilarWeb, etc. The rankings were based on the impact startups have been able to make in the country, how many startups and support organizations are there such as accelerators, coworking spaces, startup events along with technology infrastructure, red tape, bureaucracy, etc.
India was ranked 17th in the rankings. India has climbed 20 spots, rank 37, from the previous ranking. The challenge before India is to improve the overall quality of startups and increase the number of unicorns than currently exist. The US ranked first. It is followed by the UK, Canada, Israel, and Australia. China was ranked 27th. Estonia ranked 13th, Ireland ranked 14th, and Germany ranked 9th and are ahead of India for their startup ecosystems.
In the ranking of cities, Bengaluru stood at 11, New Delhi at 18 and Mumbai at 29. San Francisco Bay, New York, London, Los Angeles, and Boston topped the ranking among the cities.