India Current Affairs - 2019
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The coast guards of India and Japan undertook disaster control, search and rescue exercises off the coast of Yokohama in Japan. India had hosted the Japanese ships for the exercise last year and this time Japan is hosting the exercise. ICGS Shaunak is the main Indian ship taking part in the drills.
ICGS Shaunak is an Offshore Patrol Vessel of Indian coast guards. This 105-meter vessel is capable of carrying a twin-engine light helicopter and five high-speed boats including two quick reaction inflatable boats for swift boarding operations, search and rescue, law enforcement and maritime patrol.
ICGS Shaunak is fitted with navigation and communication equipment, sensors and machinery including 30 mm CRN 91 naval gun, integrated bridge system, integrated machinery control system, power management system (PMS) and high power external fire fighting system.
This exercise aims to share their expertise in disaster management as both the nations have huge experience in disaster management as Japan regularly faces earthquakes and sea storms while the Indian Coast Guard round the year manages the over 7,000-kilometre coastline of the country.
The Bloomberg Innovation Index analyses each country in a range of areas including education, research and development, and manufacturing before coming up with a list of the 60 most innovative countries.
The countries are ranked on the basis of their overall ability to innovate considering seven-equal weighted metrics such as research & development intensity, manufacturing value-added, productivity, high-tech density, tertiary efficiency, researcher concentration, patent activity.
How the Countries are ranked?
The ranking of the various countries under the index are:
- The index is topped by South Korea for the sixth time in a row with a total score of 87.38.
- South Korea is closely followed by Germany, Finland, Switzerland, Israel, Singapore, Sweden, U.S., Japan and France in the top 10.
- The United States has surged back into top 10 this year after it was left behind from the top 10 in 2018 Bloomberg Innovation index.
- China has jumped three places to 16th rank largely due to the surge in patent activity.
- India stands at 54th spot in the Bloomberg Innovation Index with a score of 47.93 out of 100.
India’s ranking under different matrices
India stood at 47th place in research & development intensity, 54th place in manufacturing value-added, 58th place in productivity, 29th place in high-tech density, 51st in tertiary efficiency, 59th in researcher concentration and 36th in patent activity.
Bloomberg Innovation Index published top 60 economies out of 95 economies analysed for the ranking process for the year 2019 based on a score from 0-100 on the basis of seven equal-weighted metrics.
Tags: Bloomberg Innovation Index • Bloomberg Innovation Index 2019 • China • Finland • France • Germany • India • Israel • Japan • Patent • research & development • Singapore • South Korea • Sweden • Switzerland • U.S.