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Subjective indices mar World Bank’s Governance Indicators: EAC-PM Paper -Rajeev Jayaswal

-Hindustan Times The World Bank should ensure “greater transparency and accountability” while factoring in subjective opinion-based indices as inputs for its World Governance Indicators (WGI) that has significant weightage in sovereign ratings, the Economic Advisory Council to the Prime Minister (EAC-PM) said in a series of tweets citing an internal working paper, and called for independent Indian think tanks to bring out similar perception-based indices for the world in order to...

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5.6 crore Indians plunged into poverty in 2020, says World Bank

-Scroll.in Data from a survey conducted by think tank CMIE had to be used as India has not published official figures since 2011, the financial body said. A total of 5.6 crore Indians slipped into poverty in the pandemic year of 2020, the World Bank said in a report on Wednesday, citing data from a household survey conducted by think tank Centre for Monitoring Indian Economy. The findings of the Consumer Pyramids Household...

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How PM’s EAC brings the focus back on the ECCE

-Hindustan Times The study has been authored by Ashish Jhalani, co-author of the State of Foundational Literacy and Numeracy (FLN) in India’ report released by the PM's Economic Advisory Council. Let us first recognise that there is a fundamental challenge in early education years, that has been severely underestimated in the education planning strategy of India. Perhaps that is why the Prime Minister’s Economic Advisory Council released a report titled The State of...

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Spending on R&D will determine India’s future progress, key message of the latest UNESCO Science Report

Scientific knowledge has immensely helped in combating the dreadful coronavirus and its spread. Within a record short period of time, scientists (including virologists, epidemiologists, biostatisticians, etc.) and their research outputs helped the commoners to learn more about the SARS-CoV-2 and how it spreads from one individual to the next one. Common people have now come to know how simple techniques and behavioural change like the wearing of N95 masks, maintaining...

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India’s investment in research unsatisfactory: UNESCO report -Tiki Rajwi

-The Hindu Gross domestic expenditure on research has stayed at 0.7% of the GDP for years While India has made ‘solid progress’ towards the Sustainable Development Goal (SDG) targets concerning industry, infrastructure and innovation, the country’s investment in research remains unsatisfactory, the UNESCO Science Report has observed. The gross domestic expenditure on research (GERD) has been stagnant at 0.7% of the GDP for years, although, in absolute terms, research expenditure has increased, the...

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