Reports and Indices May to Aug

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REPORTS & INDICES [ MAY TO AUG 2024 ]

REPORTS AND INDICES FROM


MAY TO AUG 2024
REPORTS & INDICES [ MAY TO AUG 2024 ]
1. Multidimensional Vulnerability
Index

Why in News?
Recently, the UN General Assembly officially
launched the “Multidimensional Vulnerability
Index” (MVI) aimed at providing small island states
and developing nations with better access to low-
interest financing.
REPORTS & INDICES [ MAY TO AUG 2024 ]
Aspects Description

1) The Multidimensional Vulnerability Index (MVI) is a newly established international quantitative benchmark.
2) It is designed to measure structural vulnerability and the lack of structural resilience across various dimensions of
About
sustainable development at the national level.
The United Nations is actively collaborating with SIDS to develop and implement the MVI.

1) The MVI is designed to complement traditional development metrics like GDP.


Purpose 2) It aims to address the specific needs of small island developing states (SIDS) and other developing nations that face
unique vulnerabilities but do not qualify for low-interest development financing based on GDP per capita alone.

The MVI incorporates a range of indicators reflecting a state’s structural vulnerabilities and lack of resilience, including:
i) Import dependency
ii) Exposure to extreme weather events and pandemics
Key Indicators in the
iii) Impacts of regional violence and refugee crises
MVI
iv) Demographic pressure
v) Availability of water and arable land resources
vi) Child mortality under the age of five

1) Traditional metrics, such as Gross National Income (GNI), often fail to adequately capture the vulnerabilities faced by
Limitations of
SIDS.
Traditional Measures
2) These traditional measures make it difficult for SIDS to access necessary financing for development.

The MVI will play a crucial role in guiding:


Applications of the i) Programmatic support for SIDS
MVI ii) Viable debt service payment strategies
iii) Financing for sustainable development initiatives tailored to the specific challenges of SIDS.
REPORTS & INDICES [ MAY TO AUG 2024 ]
2. SDG India Index Report

Why in the news?


Recently, NITI Aayog released its fourth evaluation report of
India’s progress on the 16 sustainable development goals
(SDGs) adopted in 2015 by all United Nations member
countries.
About SDG India Index Report
1. It is released by NITI aayog.
2. The SDG India Index evaluates progress made across 16
goals on a scale of 1 to 100.
REPORTS & INDICES [ MAY TO AUG 2024 ]
Performance of the states in SDG India Index
1. India’s SDG score improved to 71 points in 2023-24 from 66 points in 2020-21.
2. Key Drivers: Progress in poverty reduction, economic growth, and climate
action contributed to the improvement.
3. Top Performers:
i) Kerala and Uttarakhand: Both states topped the SDG India Index with a score of
79 points each.
ii) Lowest Performers: Bihar was the worst performer with 57 points, followed by
Jharkhand with 62 points.
iii) Highest Gains: Punjab, Manipur, West Bengal, and Assam recorded the highest
increases, each gaining 8 points to scores of 76, 72, 70, and 65 respectively.
REPORTS & INDICES [ MAY TO AUG 2024 ]

4. Achievements:
i) The goal of reducing poverty saw a significant increase in points.
ii) There was notable progress in achieving decent work and fostering
economic growth.
iii) Efforts to protect and manage life on land also showed a substantial
improvement.
iv) The goal of achieving gender equality recorded the smallest increase in
points.
v) Similarly, the goal related to peace, justice, and strong institutions saw
minimal progress.
vi) The goal of reducing inequalities experienced a decline, dropping to 65
points in 2022-23 from 67 points in 2020-21.
REPORTS & INDICES [ MAY TO AUG 2024 ]
vii) Inequality Trends: Despite a marginal drop in the Reduced Inequalities goal, overall
inequality in India has decreased. The gap in consumption between the richest 10% and
the bottom 10% has contracted.
viii) Taxpayer Increase: The number of taxpayers has increased, indicating economic
progress.
ix) Zero Poverty: Increased by 8 points to 72, reflecting reduced extreme poverty and
improved livelihoods across India.
x) Zero Hunger: Increased by 5 points to 52, but further focus is needed on providing
nutritious food to address malnourishment, stunting, and low BMI scores.
5. Areas of Concern:
i) Gender Equality: Received the lowest score of 49 points, with only a 1-point increase
from 2020-21.
ii) Issues: Low sex ratio at birth, women’s ownership of land and assets, and low
participation of women in the labor force.
REPORTS & INDICES [ MAY TO AUG 2024 ]

3. Holistic Progress Card


Why in the news?
PARAKH, a standard-setting body under NCERT, recently released the Holistic
Progress Card, a report card designed for secondary school students (Classes
9 to 12). Similar HPCs were earlier designed for students from classes 1 to 8.
About Holistic Progress Card
Objective-To transform evaluations by focusing on diverse
skills and competencies, instead of just the performance in periodic pen-
and-paper tests and exams.
Applicability-Classes 9 to 12
REPORTS & INDICES [ MAY TO AUG 2024 ]
Implementation– It will not be used in the ongoing 2024-25 academic session.
Features-
A) Teachers and officials will receive training for its implementation. States have the option to
either implement the HPC released by NCERT or adapt it according to their requirements..
B) The HPC differs from internal marks in Board exam evaluations. It reflects the
child’s academic achievements over the years and is intended to enhance the Board exam
results. It will be integrated with the Board results.
C)The progress card includes various sections like the one where students assess themselves
on skills like ‘time management‘ and ‘plans after school‘.
D) It includes an ‘accomplishments inventory‘ covering academic skills such as
independent work/research and critical and creative thinking, as well as life skills like
understanding the value of money and budgeting etc.
E) It includes the teacher’s assessment of the student in group projects, the student’s
reflections on their own performance, and peer feedback on their understanding and
contributions to the project.
REPORTS & INDICES [ MAY TO AUG 2024 ]

4.Tracking SDG 7: The Energy Progress Report


2024
Why in News?
According to the recently released “Tracking SDG 7: The Energy Progress
Report 2024“, the the world is not on course to achieve the Sustainable
Development Goal (SDG) 7 for energy by 2030.
SDG 7 aims to ensure access
to affordable, reliable, sustainable and modern energy. The SDG 7
goal includes reaching universal access to electricity and clean cooking,
doubling historic levels of efficiency improvements, and substantially
increasing the share of renewables in the global energy mix.
REPORTS & INDICES [ MAY TO AUG 2024 ]
REPORTS & INDICES [ MAY TO AUG 2024 ]
REPORTS & INDICES [ MAY TO AUG 2024 ]

5. Global Gender Gap Report 2024


Why in the News?
The World Economic Forum (WEF) has released the Global Gender Gap Report
2024, highlighting persistent gender inequality across various sectors
worldwide.
About Global Gender Gap Report 2024
1. The Global Gender Gap Report 2024 is published by the World Economic
Forum.
2. It assesses gender parity across four key dimensions: Economic
Participation and Opportunity, Educational Attainment, Health and Survival,
and Political Empowerment.
3. It is the longest-standing index tracking the progress of numerous
countries’ efforts towards closing these gaps over time since its inception in
2006.
REPORTS & INDICES [ MAY TO AUG 2024 ]
Key findings of the report

1. The global gender gap score for all 146 countries included in this edition
stands at 68.5%.
2. Among the 101 countries continuously covered since 2006, the gap has also
improved by +0.1 points to reach 68.6%.
3. Despite progress, no country has achieved full gender parity. However, 97%
of economies included in this edition have closed more than 60% of their
gender gap (compared to 85% in 2006).
5. Top-Ranking Countries:
i) Iceland maintained its position as the most gender-equal country for the
14th consecutive year, with a gender gap score of 91.2%.
ii) Norway, Finland, and Sweden also rank high, consistently placing in the top
five.
REPORTS & INDICES [ MAY TO AUG 2024 ]

About India’s Performance

1. India is ranked 129 in this year’s index. The ranking reflects a


slight regression compared to the previous edition.
2. The decline is primarily due to small decreases in
‘Educational Attainment’ and ‘Political Empowerment.’ Despite
the overall decline, there was a slight improvement in
‘Economic Participation and Opportunity.’
3. India ranks the third-lowest among South Asian economies.
India fares worse than Bangladesh, Nepal, Sri Lanka, and
Bhutan.
REPORTS & INDICES [ MAY TO AUG 2024 ]
6. Travel & Tourism Development Index 2024

Why in News?
India has raised its ranking in the newly released Travel & Tourism Development Index compared to
the previous report.
About Travel & Tourism Development Index 2024
1.This index is second edition and it has evolved from a flagship series produced by the World
Economic Forum since 2007.
2. It is developed in partnership with the University of Surrey and incorporating insights from top
Travel & Tourism (T&T) stakeholders, thought leaders, and data partners.
3. It evaluates the factors and policies that facilitate sustainable and resilient T&T development.
4. India holds the 39th position, making it the highest-ranked nation in South Asia and among other
lower-middle-income economies. This is a notable rise from the 54th position in 2021.
REPORTS & INDICES [ MAY TO AUG 2024 ]
2. Factors Influencing India’s Improved Ranking:

a) Cultural and Natural Attractions: India’s rich cultural heritage and diverse
landscapes contribute significantly to its appeal as a travel destination.
b) Investments in Tourism: Increased investments in tourism infrastructure,
along with efforts to enhance sustainability and safety in travel and tourism,
have positively impacted India’s ranking.
c) Competitive Advantages: India is highly ranked for its price competitiveness
(18th), air transport (26th), and ground and port infrastructure (25th).
It stands out as one of only three countries ranked in the top 10 across all
resource pillars, with Natural Resources at 6th and Cultural and Non-Leisure
Resources at 9th.
REPORTS & INDICES [ MAY TO AUG 2024 ]

7. World Press Freedom Index 2024


Why in the News?
In the World Press Freedom Index 2024,
India is ranked 159 out of the 180 nations.
REPORTS & INDICES [ MAY TO AUG 2024 ]
REPORTS & INDICES [ MAY TO AUG 2024 ]
1. India’s Press Freedom Ranking: India is ranked 159th in the 2024. It was
ranked 161st in the 2023. This ranking places India alongside nations like
the occupied Palestinian territories, UAE, Turkey, and Russia, indicating
poor press freedom.
2. India’s past performance: India has consistently ranked over 100 since
2003, showing a long-term trend of limited press freedom. The country’s
press freedom situation has deteriorated rapidly in recent years.
3. Global Comparisons:
a) Scandinavian countries (Norway, Denmark, Sweden) top the
rankings with the highest press freedom. Eritrea, Syria, and Afghanistan
rank the lowest.
b) Among BRICS nations, Brazil and South Africa rank higher than India,
whereas China and Russia are lower. In South Asia, India ranks lower than
all countries except Bangladesh.
REPORTS & INDICES [ MAY TO AUG 2024 ]

8.India’s Environment Performance


in 2024

India ranks 176th out of 180 countries in


the 2024 Environmental Performance
Index, with ongoing struggles in air
quality, biodiversity, and greenhouse gas
emissions.
REPORTS & INDICES [ MAY TO AUG 2024 ]

Top 10 Countries in the Environmental Performance Index


2024
1.Estonia – Score: 75.3
2.Luxembourg – Score: 75.0
3.Germany – Score: 74.6
4.Finland – Score: 73.7
5.United Kingdom – Score: 72.7
6.Sweden – Score: 70.5
7.Norway – Score: 70.0
8.Austria – Score: 69.0
9.Switzerland – Score: 68.0
10.Denmark – Score: 67.9
REPORTS & INDICES [ MAY TO AUG 2024 ]
8. Global Peace Index 2024: An Overview
The Global Peace Index (GPI) 2024, published by the Institute for Economics & Peace (IEP), provides a comprehensive
measure of global peacefulness, evaluating 163 independent states and territories.

Key Findings
Overall Peacefulness
•Global Peace Deterioration: The average level of global peacefulness deteriorated by 0.56% in 2024. This marks the
fifth consecutive year of declining peacefulness.
•Country Improvements and Deteriorations: In the past year, 65 countries recorded improvements in peacefulness,
while 97 countries saw deteriorations. This is the highest number of countries to experience a decline in a single year
since the index’s inception.
Regional Highlights
•Most Peaceful Countries: Iceland remains the most peaceful country, a position it has held since 2008, followed by
Ireland, Austria, New Zealand, and Singapore.
•Least Peaceful Countries: Yemen is now the least peaceful country, followed by Sudan, South Sudan, Afghanistan, and
Ukraine.
REPORTS & INDICES [ MAY TO AUG 2024 ]
REPORTS & INDICES [ MAY TO AUG 2024 ]

9. QS World University
Rankings 2025 Announced
The much-awaited QS World University Rankings
2025 have been announced, featuring an
impressive 1,500 universities across 105 higher
education systems.
REPORTS & INDICES [ MAY TO AUG 2024 ]
REPORTS & INDICES [ MAY TO AUG 2024 ]
REPORTS & INDICES [ MAY TO AUG 2024 ]

10. Infosys Ranks Among Top 100 Most


Valuable Global Brands
Infosys, a leading information technology
company, has secured its position among
the 100 most valuable brands in the world for
the third consecutive year. This recognition
comes from Kantar, a prominent marketing data
and analytics business, further solidifying
Infosys’ reputation as a global brand
powerhouse.
CODE: Y674
FOR max DISCOUNT
CODE: Y674
FOR max DISCOUNT

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