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.

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Healthy States, Progressive India: NITI Aayog’s Health Index 2019

NITI Aayog has released the 2nd edition of report titled “Healthy States, Progressive India: Report on Rank of States and UTs”. The report has been prepared in collaboration with Union Ministry of Health and Family Welfare along with technical assistance from World Bank.

The current edition of health index accounts for period 2015-16 (base year) to 2017-18 (reference year).

Key Findings of Report

Categories: The ranking was done under 3 categories so as to ensure comparison among similar entities.

1. Larger states– Kerala has emerged as top ranking state while Andhra Pradesh and Maharashtra emerged as 2nd and 3rd best states in terms of overall health performance respectively. While Haryana, Rajasthan and Jharkhand are top 3 ranking States in terms of annual incremental performance.

UP and Bihar, finished at bottom of List. Bihar occupied 2nd last position in ranking of 21 large states while UP stayed static at bottom of rankings.

2. Smaller states– Mizoram was ranked 1st followed by Manipur on overall performance. While Tripura followed by Manipur were ranked top two states in terms of annual incremental performance. Sikkim and Arunchal Pradesh had biggest decrease in overall Health Index scores.

3. Union territories (UTs)- Chandigarh ranked 1st in overall performance of Health India, while Dadra and Nagar Haveli improved most among UT’s. Sikkim and Arunchal Pradesh had biggest decrease in overall Health Index scores.

Empowered Action Group– contains 5 states namely, Bihar, Uttar Pradesh, Uttarakhand, Madhya Pradesh and Odisha which saw decline in overall Health Index score between base year and reference year due to deterioration of performances of several indicator.

Indicators: The decline is attributed to deterioration of performances of several indicators such as total fertility rate (TFR), low birth weight, sex ratio at birth, TB (tuberculosis) treatment success rate, quality accreditation of public health facilities, time taken for NHM (National Health Mission) fund transfer etc.

Positive Correlation: was found between Health Index scores and economic development levels of States and UTs as measured by per-capita Net State Domestic Product (NSDP).

Wide Gap between Performances: Among large states, overall Health Index score of best-performing state is more than 2.5 times that of overall score of least-performing state. States like Kerala and Tamil Nadu have already reached 2030 Sustainable Development Goal (SDG) target for neonatal mortality rate (NMR), which is 12 neonatal deaths per 1,000 live births.

Suggestions: Centre should spend 2.5% of Gross Domestic Product (GDP) on healt and state governments should increase their spending on health from an average of 4.7% to 8% of their budget (net state domestic product) on health. Currently, India’s health spending is only 1.15-1.5% of GDP.

About NITI Aayog’s Healthy States, Progressive India Report

Background: The 1st edition of Health Index was released in February 2018. It measured annual and incremental performances of states and UTs for period 2014-15 (base year) to 2015-16 (reference year).

Methodology Adopted: Health Index is a weighted composite Index based on indicators in 3 domains – (1) Health Outcomes; (2) Governance and Information; (3) Key Inputs/Processes.

Way Ahead: NITI Aayog is committed towards establishing Health Index as an annual systematic tool so as to propel states towards undertaking multi-pronged interventions to bring better health outcomes.

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National Freight Index: by Rivigo Logistics

Rivigo, a Gurgaon-based tech-enabled logistics start-up has launched National Freight Index (NFI) that will provide live freight rates for different lanes and vehicles across the country. Rivigo is a technology enabled logistics company, that owns a fleet of over 3,000 trucks, which works on ‘Relay Model’.

About National Freight Index

NFI is barometer of road freight market in India and is based on Rivigo rate exchange. It will provide live spot rates on more than 7 million lane and vehicle type combinations in India. This will be a step towards easing logistics sector crisis and also streamlining sector.

NFI offers a combined picture of both live rates and historical trends of spot price movements in India’s road freight industry.

Index is represented in two main forms-

  1. In terms of actual freight rates condensed to Rupees per tonne-km
  2. In terms of relative movement with respect to a base month.

Rates on both index and exchange are based on Rivigo’s economics powered pricing algorithms and machine learning, which uses factors such as millions of data points from historical transactions, current market dynamics, micro market insights etc. for computing thus are continuously improving on accuracy.

This is done with ultimate purpose of giving a fair and precise representation of the state of the spot market in India.

Need: There are high rate of inefficiencies in existing freight market, which in turn leads to a great loss of value. Thus using NFI will ensure unrestricted access by giving a fair and precise representation of state of country’s spot market and will bring transparency in road-freight marketplace.

Benefits:

It will also bring a pricing transparency, in a system where demand traditionally flows from transporters, brokers, fleet owners and then to drivers.

NFI will give historical spot price movements of country’s road freight industry. In India actual freight rates are in Rupee per ton-km and in terms of relative movement with respect to a base month, and this would be updated by NFI in real time.

Way Ahead:

Efficiency of spot freight marketplace will determine how the growth is compounded and National Freight Index will empower all stakeholders to realise its full potential. The NFI can be visited at nationalfreightindex.com.

India’s Logistic Sector

Even though logistics sector account for about 14% of India’s GDP and 70% of its contribution comes from road transportation but still there is no pricing transparency and working conditions of drivers is deplorable in the sector.

Due to such conditions willingness to join sector is decreasing and due to this India could face a 50% shortage of truck drivers by 2023.

Challenges: The Indian road freight market size is estimated to be worth $150-$160 billion out of this $130-$140 billion is full-truck load (FTL) market, but India’s freight market has been facing a growing challenge of shortage of truck drivers.

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