Shri R.K Singh inaugurates the 5th Assembly of the International Solar Alliance

The Fifth Assembly of the International Solar Alliance was inaugurated today by Shri Raj Kumar Singh, Minister of Power and New & Renewable Energy, India in his capacity as the President, the International Solar Alliance. The Republic of India holds the office of the President of the ISA Assembly, with the Government of France as Co-President. Ministers from 20 countries and delegates from across 110 Member and Signatory countries and 18 prospective countries joined the inaugural ceremony of the 5th ISA Assembly.

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Ms Bharati Das took charge as the new Controller General of Accounts (CGA)

Ms Bharati Das took charge as the new Controller General of Accounts (CGA). Ms Das is the 27th Controller General of Accounts (CGA), Ministry of Finance, Government of India. Ms Bharati Das, a 1988-batch Indian Civil Accounts Service (ICAS) officer, is appointed by the Government of India as the Controller General of Accounts (CGA), Department of Expenditure, Ministry of Finance, with effect from October 18, 2021. Prior to that, Ms Das has served as Principal Chief Controller of Accounts (Pr. CCA) Central Board of Direct Taxes, Pr. CCA Ministry of External Affairs, Pr. CCA Ministry of Home Affairs and CCA, Ministry of Health and Family welfare, Director, Ministry of Civil Aviation and Deputy Secretary, Ministry of Road Transport and Highways and Ministry of Port, Shipping & Waterways. The Controller General of Accounts (CGA) is ‘the Principal Advisor’ on Accounting matters to the Union Government. CGA is responsible for establishing and managing a technically sound Management Accounting System and preparation & submission of the accounts of the Union Government. CGA is also responsible for exchequer control and internal audits for the central Government. 

Global Hunger Report 2022

A consistent effort is yet again visible to taint India’s image as a Nation that does not fulfill the food security and nutritional requirements of its population. Misinformation seems to be the hallmark of the annually released Global Hunger Index. The Global Hunger Report 2022 released by Concern Worldwide and Welt Hunger Hilfe, Non-Government Organisations from Ireland and Germany respectively, has ranked India at 107 among 121 countries. The index is an erroneous measure of hunger and suffers from serious methodological issues. Three out of the four indicators used for the calculation of the index are related to the health of Children and cannot be representative of the entire population. The fourth and most important indicator estimate of the Proportion of the Undernourished (PoU) population is based on an opinion poll conducted on a very small sample size of 3000.

90th INTERPOL General Assembly

90th INTERPOL General Assembly held in New Delhi. Prime Minister Narendra Modi inaugurated this assembly in presence of Home Minister Shri Amit Shah, Interpol President Shri Ahmed Naser Al-Raisi, Interpol Secretary General Shri Jurgen Stock, Director of CBI Shri S.K. Jaiswal, Distinguished Delegates, and Participants.

PM launches 5G Services

Ushering in a new technological era, the Prime Minister, Shri Narendra Modi launched 5G services in Pragati Maidan, New Delhi today. The Prime Minister also inaugurated the sixth edition of the India Mobile Congress and also witnessed the IMC Exhibition that was put on the occasion.

India climbs to the 40th rank in the Global Innovation Index of WIPO

The Global Innovation Index 2022 captures the innovation ecosystem performance of 132 economies and tracks the most recent global innovation trends. Switzerland – for the 12th year in a row – ranks first in the GII 2022. The United States climbs to 2nd position. Then comes Sweden, which is followed, in turn, by the United Kingdom, the Netherlands, and the Republic of Korea. China moves up to 11th place, overtaking France; for now, it firmly remains the only middle-income economy within the GII top 30. No change to China’s exceptional position among middle-income economies is currently in sight unless Türkiye further progresses fast. Canada is back among the top 15 global innovators, climbing to 15th place. South East Asia, East Asia, and Oceania (SEAO) is the only region closing the gap between Northern America and Europe. Two SEAO economies are among the top 10 global innovators: the Republic of Korea (6th) and Singapore (rising to rank 7th place). Türkiye (37th) and India (40th) enter the top 40 for the first time.

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Nobel Prize for Economic Sciences 2022

The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2022 to Ben S. Bernanke (The Brookings Institution, Washington DC, USA), Douglas W. Diamond (University of Chicago, IL, USA), and Philip H. Dybvig (Washington University in St. Louis, MO, USA) "for research on banks and financial crises".

Modern banking research clarifies why we have banks, how to make them less vulnerable in crises and how bank collapses exacerbate financial crises. The foundations of this research were laid by Ben Bernanke, Douglas Diamond and Philip Dybvig in the early 1980s. Their analyses have been of great practical importance in regulating financial markets and dealing with financial crises.

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