Current Affairs – October, 2013

Latest Current Affairs October, 2013 with Current Affairs, news summary on current events of National and International importance of October, 2013 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

PDF Compilation of these updates can be downloaded from This Link

India ranked 134th in ‘Ease of Doing Business’ list: World Bank

As per the latest ‘Ease of Doing Business’ rankings of 189 economies released by the World Bank, India has fallen three spot to 134th rank. In terms of ‘starting a business’ India has been positioned lower at 179th. This is when the government is making efforts to improve the business environment in the country. The list is topped by Singapore.

As per the list the top performing nations are:

  1. Singapore
  2. Hong Kong
  3. New Zealand
  4. United States
  5. Denmark
  6. Malaysia
  7. Korea
  8. Georgia
  9. Norway
  10. United Kingdom
What are the various parameters taken into account to prepare these rankings?

The ranking of countries are based on various parameters including starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. 

What does a high ranking mean?

A high ranking on the ease-of-doing-business list indicates that the government has created a regulatory environment conducive to operating a business. However, these rankings do not measure all aspects of the business environment that matter to firms and investors or that affect the competitiveness of the economy.

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Sushmita Sen conferred with Mother Teresa Memorial International Award for Social Justice 2013

NGO the Harmony Foundation honored former Miss Universe Sushmita Sen with the Mother Teresa Memorial International Award 2013 for her efforts towards achieving social justice in Mumbai. Along with Sushmita Sen, seven individuals and an association, India Rescue Mission, were also awarded the Mother Teresa Memorial International Award for Social Justice 2013 for their contributions in the field of human rights and community development.

List of Awardees of Mother Teresa Memorial International Award for Social Justice 2013 :
  • Sushmita Sen: Social Activist and Bollywood actress
  • Dr Sudarshan Hanumappa: Tribal rights’ activist
  • Diep Saeeda: Lahore-based human rights activist
  • Cedric Prakash: Social Activist
  • Sindhutai Sapkal: Mother of Orphans
  • Arunachalam Muruganantham: Social Activist
  • India Rescue Mission: An association for human rights
  • Maulana Mehmood Madani: Social activist
  • Sam Childers: Rescuer of young boys and girls from Sudan

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