Reports & Indices Current Affairs - 2019

This category comprises Current Affairs 2019-2020 related to various reports and indexes / indices by National and International Bodies and organizations such as World, Bank, World Economic Forum, NITI Aayog and various other educational and research organizations. We also place report highlights of various committees and commissions in this category.

Category Wise PDF Compilations available at This Link

Brown to Green Report, 2019: Performance of G20 countries on Climate Change

The Brown to Green Report is the most comprehensive review of climate actions of G20 nations. The report covers 80 indicators and is developed by experts from 14 research organizations.

Highlights of the report

  • G20 countries are responsible for 80% of global Green House Gas emissions.
  • Every year between 1998 and 2017, the G20 countries lost 142 billion USD on an average due to extreme weather events.
  • According to the report, India is the only country that is close to 1.5-degree Celsius temperature rise. It is the scenario set by the global scenario in the Paris Agreement that will lead to disastrous consequences. India has set ambitious NDCs and is investing more in long term goals.
  • Russia, France, Italy, Germany and India were the highest ranked countries that faced economic losses from extreme weather events. Around 181 countries were taken for the ranking
  • Brazil and Germany were the only two countries with long term goals.
  • The other countries like Russia, Indonesia, China, Saudi Arabia, EU and Turkey are lagging ambitious NDC targets as required by Paris Agreement
  • Australia was the worst performing country in terms of climate response according to the report.

G20 Groupings

There are around 20 members in the G20 grouping including India. The Grouping was established with the aim of discussing policies pertaining to promotion of international financial stability. Collectively, the grouping account to 90% of the world GDP with two-third world population and 80% of world trade.

NCAER Survey: Business Confidence fell by 15%

According to National Council of Applied Economic Research, the Business Confidence of India dipped to lowest in six years. It fell by 15% between the period July and October 2019

Highlights

  • The Business Confidence Index dipped to 103.1 from 100.4 in October 2013. This is the lowest in the period of 6 years
  • The survey reported that positive growth was witnessed in Managing Inflation, Managing Exchange Rate, Overall Economic Growth, pushing economic reforms, managing conducive political climate, managing government finance, external trade negotiations and managing unemployment
  • The Business Confidence Index witnesses an upswing in the firms with annual turn over less than 1 crore rupees and other micro firms.
  • The Political Confidence Index fell by 35.6% between July and October 2019.
  • The Economic Growth rate declined by 5% in October 2019 as compared to July 2019.

NCAER

The National Council of Applied Economic Research is a Delhi based think tank that was established in 1956. The aim of the body is to give support to both government and private sector economic researches. The TATA Foundation and other premier organizations came together to form the think tank with the support of GoI. It was founded in PM Nehru’s period. Since 1991, the council is tracking the business confidence in the country on a quarterly basis.