Gross National Income Current Affairs - 2020

Global Innovation Index: India ranks 48

On September 2, 2020, the World Intellectual Property Organization (WIPO) released the Global Innovation Index. For the first time, India has ranked among top 50 countries. It has moved up to 48th rank from 52nd position in 2019. India was at the top position among central and southern Asian countries. The index was released based Read More…

Nepal becomes Lower-Middle Income Economy while Sri Lanka slips to Lower-Middle Income Economy

As per the 2020-21 World Bank’s Country Classification based on Income level, Nepal’s economy has moved to a higher category to become a Lower-middle Income economy while Sri Lanka’s economy has moved to a lower category to become a Lower-middle Income economy. Every year, the World Bank classifies countries into four income groups- (i) Low Read More…

India to host WTO Ministerial Meeting of Developing Countries

India will be hosting a World Trade Organisation (WTO) Ministerial meeting of developing countries in New Delhi on 13-14 May 2019. The aim is to discuss various challenges being faced by multilateral rules-based-trading system. Key Highlights of Meeting Participants: includes Six Least Developed Countries (LDC), namely Benin, Bangladesh, Central African Republic (CAR), Chad, Uganda, Malawi. Read More…