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Showing posts from September, 2015

India slips in internet ranking, is worst performer among competing BRICS nations

  Even when Prime Minister Narendra Modi was meeting Facebook founder Mark Zuckerberg as part of his effort to gather international support for his high-profile Digital India campaign, a new report, sponsored jointly by UNESCO and International Telecommunication Union (ITU), and released by UN secretary-general Ban Ki-moon, has found that India has slipped in global ranking for the use of internet, both broadband and internet in general.

India's annual export losses may reach $50 bln 'if economy not opened up'

  A senior policy expert attached with US government has sharply criticized the Government of India for not doing enough in opening up its economy to the world. Pointing out that “India’s international competitiveness is lagging badly”, the expert says, “The shares of both manufactured and services exports in the economy have stagnated for over three years”, and “the responsiveness of Indian imports to global growth has declined sharply.”

India slips in economic freedom index to 114th position, below China and Nepal

  The latest Economic Freedom Index report, prepared by three of the west's well-known neo-liberal institute, has ranked India at 114th position in the world, below China, which has been ranked No 111th. Titled “Economic Freedom of the World: 2015 Annual Report”, the top report, ironically, has found that India ranked pretty high in economic freedom before liberalization was introduced in 1991, but following some improvement, it again began slipping.

India slips in Global Innovation Index to 81st position from 76th in a year

A new  report , prepared by the Cornell University, US, has rated India at 81st position in Global Innovation Index (GII) 2015, suggesting, despite a regime change in the country, things have failed to improve. The report says, “Over the last four years India has witnessed a reduction in its overall GII ranking, which dropped from 62nd place in 2011 to 76th in 2014.”

Gujarat No 1 in ease of doing business. Really?

Gujarat is, again, No 1— assessed for “ease” of doing business. At least this is what a new report, titled “Assessment of State Implementation of Business Reforms”, is said to have made out by a World Bank report. The moment news broke out, I was amused, and decided to go to the source. I visited the World Bank site, and found a small summary, prompting one to visit the Government of India’s Department of Industrial Policy and Policy (DIPP) site to download it . Initial remarks on the World Bank site were revealing: “This report captures the findings of an assessment of reform implementation by states, led by the DIPP, Ministry of Commerce & Industry, Government of India, with support of the World Bank Group and KPMG as the knowledge partner, and facilitated by the Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (FICCI).” A clear effort of the government of India to “highlight” Gujarat model, this time with the help of an “auth...

Gujarat No 1 in ease of doing business? Thank 'environmental compliance'

  A Government of India report, supported by World Bank, consultants KPMG, and two top industry bodies, Confederation of Indian Industries (CII) and Federation of Indian Chamber of Commerce and Industry (FICCI), has placed Gujarat No 1 for “ease of doing business”, but point out, this has been possible because of cent per cent compliance to environmental laws, an area in which it is most suspected by environmentalists.

PM's 15 point programme: Gujarat govt 'refuses to implement minority schemes'

  Latest information, gathered by Gujarat-based non-government organization (NGO) Janvikas, indicates that even a decade after the Gujarat government declared it favoured implementing the controversial 15 point programmes of the Prime Minister for “ameliorating” the plight of minorities, things remain struck where they were in 2006. Official sources say, the matter has been under “active consideration” ever since, and there is no indication when it will be implemented.

India in Pakistan's company, fails to achieve target to reduce under-5 mortality

A World Bank source says, the report “captures the findings of an assessment of reform implementation by states led by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, Government of India”. It comes close on the heels of World Bank ranking Gujarat 142 among 189 countries in its assessment of ease of doing business. The ranking has gone down by two in a year; it was 140 in 2014. Onno Ruhl, World Bank country director, who released the report, says, “The stark reality is that India remains a difficult place to do business. A disproportionately high regulatory burden is borne by businesses in India today.” Despite ranking No 1, the report does not believe that Gujarat is a leader. It says, “States with an overall implementation status of 75 per cent and above” would be leaders, but at 71.14 per cent Gujarat is still a little away. A World Bank source says, the report “captures the findings of an assessment of reform implementation by states led ...

Climate change?: Coal India ranks No 1, Adani No 3 in carbon emission worldwide

  In an astonishing revelation, several top Indian companies -- Government of India-owned Coal India, Gujarat's powerful Adani Group, Tata Steel, National Thermal Power Corporation (NTPC), Tata Power, and Steel Authority of India Ltd (SAIL) -- have found their way into top 100 CO2 emitting coal companies worldwide.

Floods, human pandemic biggest risks to Ahmedabad, Surat: Lloyd's city risk study

  A high-profile study by top international consultants, Lloyd’s, has found that Ahmedabad’s 11.82 per cent of the annual gross domestic product (GDP), or 14.01 billion dollars out of the city GDP of 118.50 billion dollars, would be at risk because of manmade or natural threats. The study, titled “Lloyd's City Risk Index 2015-2025: Analysing the economic exposure from 18 threats”, has been carried out on 301 top world cities.