Economy Current Affairs - 2020

World Wide Education for the Future Index: India jumps to rank 35

The Economic Intelligence Unit recently published the Worldwide Education for the Future Index for the year 2019. India has jumped by five ranks and currently holds rank 35. Highlights The ranking is provided based on the ability of a country to equip their students in skill-based education. India ranked 35th with an overall score of Read More…

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Department of Biotechnology held International Summit on Women in STEM

On January 25, 2020, the Department of Biotechnology held an International Summit on Women in STEM (Science, Technology, Engineering and Mathematics) on the following theme Theme: Visualizing the Future: New Skylines The summit aimed to increase the participation of women in STEM field. Highlights The summit show cased the success of several women in the Read More…

World Bank Study: Effect of Automation on FDI flows

On January 6, 2020, the World Bank released its study on how FDI flows are affected in the world due to automation. The study concluded that automation will certainly disrupt the flow of capital from rich countries to poor countries. On the other hand, the poor countries can gain from automation if adopted at the Read More…

PM Modi attends centenary celebrations of ASSOCHAM

On December 20, 2019, PM Modi addressed the Associated Chambers of Commerce and Industry in New Delhi. The event was organized to commemorate 100 years of ASSOCHAM. The event was organized under the theme Theme: New India Aspiring for 5 trillion USD ASSOCHAM The Associated Chambers of Commerce and Industry of India (ASSOCHAM) is the Read More…

Poland out of EU’s Climate Neutrality 2050 plan

On December 13, 2019, Poland left 2050 Climate Neutrality Agreement of European Union as the Union demanded for more funds to support nuclear power and for economic transition. Highlights Poland, whose 80% of energy needs are relied on coal opted out of Climate Neutrality 2050 plan. The country requested to extend the plan execution deadline Read More…