SATHEE: Reports and Indices 2020

Reports and Indices 2020

World Bank Group has released a Biennial report titled ‘Poverty and Shared Prosperity 2020: Reversal of Fortune.

As per the report, around 150 million people will be pushed into extreme poverty by the end of 2021 because of COVID-19 pandemic.
Around 88 million to 115 million will be pushed to extreme poverty due to this COVID-19 pandemic in 2020.
This report states that this time it is the first to rise in extreme poverty percentage in the past 20 years.
The aspects which lead to an increase in global poverty are: COVID-19, Armed Conflicts and Climate Change.
Around $82 %$ of people from middle-income countries will be dragged into extreme poverty.

The Commitment to Reducing Inequality (CRI) Index 2020 is released by Oxfam International and Development Finance International. Key Points:

India has been ranked at 129 th position among 158 countries. The CRI ranking index is topped by Norway. The second and third position is marked by Denmark and Germany respectively. South Sudan has the lowest ranking at 158th position in CRI Index 2020.
The third edition of the CRI index focuses on fighting inequality during the time of COVID-19 pandemic. The index measures what governments are doing to reduce the gap between rich and poor.
The report analyses measures adopted by the nation and its government’s policies or actions in major three areas which are related to tackle and reduce inequality. The three major areas of analysis are: Social Spending, Progressive Taxation Policies and Labour Rights.

Global Hunger Index 2020 The Global Hunger Index of 2020 has been released.

India has marked the rank position of 94th among 107 countries in this index.
As per the report, India comes under ‘serious category’ with a score of 27.2.
A score of India in each assessment category: For child stunting, rate is $37.4 %$. Wasting rate is $17.3 %$, undernourishment rate is $14 %$ and under 5 mortality rate is $3.7 %$.
Other neighbouring countries of India which are under serious category are Bangladesh (75th), Myanmar (78th) and Pakistan (88th).
Nepal (73rd) and Sri Lanka (64th) are in the moderate category in Global Hunger index 2020. 44th OECD International Migration Outlook 2020 Report The report on the 44th edition of OECD International Migration Outlook 2020 has been released.

As per this report, India has marked the 2nd rank position in terms of migrants going to OECD countries and acquiring citizenship of those countries.
China has marked the first rank in this ranking.
The third position is marked by Romania.
From India, 3.3 lakh migrants moved to OECD which is an increase of $10 %$ compared to last edition report analysis.

State of Global Air 2020 was released by the Health Effects Institute (HEI).

The Report highlights that air pollution is the largest risk factor for death among all health risks.
India, Bangladesh, Pakistan and Nepal are among the top ten countries with the highest PM2.5 (particulate matter) exposures in 2019.
All these countries also experienced increases in outdoor PM2.5 levels between 2010 and 2019.
India is also among the top ten countries with highest Ozone $\left(\mathrm{O}_{3}\right)$ exposure in 2019.
Among the 20 most populous countries, India recorded the highest increase ( $17 %$ ) in $\mathrm{O}_{3}$ concentrations in the past ten years.

Recently, the Public Affairs Centre has released the Public Affairs Index (PAI)-2020.

It is a unique statistical tool to evaluate the performance of governance in the States.
Kerala was adjudged the best-governed state in the country while Uttar Pradesh ended at the bottom in the large states category.
The four southern states, namely, Kerala, Tamil Nadu, Andhra Pradesh, and Karnataka stood in the first four ranks in the large state category in terms of governance.
Uttar Pradesh, Odisha and Bihar were at the bottom of the ranking, scoring negative points in the category i.e. $-1.461,-1.201$ and -1.158 points respectively. In the small state category, Goa ranked first, followed by Meghalaya and Himachal Pradesh. LIC - 3rd Strongest & 10th Most Valuable Insurance Brand Globally

The Life Insurance Corporation (LIC) has emerged as the 3rd strongest and the 10th most valuable insurance brand globally.

This was announced by the Brand Finance Insurance 100 report for 2021.
The report was released by Brand Finance, which is the London-based brand valuation consultancy firm.
As per the report, the most Valuable Global Insurance Brand with 1st rank is Ping An Insurance, China.
And the Strongest Global Insurance Brand with 1st rank is Poste Italiane, Italy.
As per the report, LIC’s brand value raised by almost $7 %$ i.e. to $$ 8.65$ billion in 2021. Increased Foreign Direct Investment (FDI) There has been an increase in Foreign Direct Investment (FDI) inflows into India recently. Measures taken by the Government regarding FDI policy reforms, investment facilitation and ease of doing business have contributed to the increase. Key Points:
The trends in India’s FDI are:
Highest ever total FDI inflow of US $$ 81.72$ billion during the year 2020-21.
It is $10 %$ higher as compared to last year (US $$ 74.39$ billion).
Top investor countries: Singapore (29%), U.S.A ( $23 %$ ) and Mauritius ( $9 %$ )
Maximum FDI received sector-wise: Computer Software & Hardware ( $44 %$ ), Construction (Infrastructure) Activities ( $13 %$ ) and Services Sector (8%)
Maximum FDI received state-wise: Gujarat (37%), Maharashtra (27%) and Karnataka $(13 %)$. WB approved $$ 500 \mathrm{mn}$ Program to Enhance MSME Sector of India

The World Bank (WB) approved the $$ 500$ million program to uplift the MSME sector of India.

The $$ 500$ million programs will help GOI to raise liquidity access support to the MSMEs, small businesses which are impacted severely by COVID-19.
The funds will be utilised to revitalize the MSME sector as it has set the target to improve the performance of 555,000 MSMEs.
The program is expected to mobilize financing of $$ 15.5$ billion, as part of the government’s $$ 3.4$ billion MSME Competitiveness, ‘A Post-COVID Resilience and Recovery Programme (MCRRP)’.
The $$ 500$ million support is the part of the Raising and Accelerating Micro, Small and Medium Enterprise (MSME) Performance (RAMP) Program, which is the second support from World Bank for India’s MSME sector upliftment