Women, Business and Law (WBL) Index 2020
Why in news?
India scores highest among South Asian nations in Women, Business and Law Index.
Women, Business and the Law:
- A woman, Business and the Law (WBL) is a World Bank Group project collecting unique data on the laws and regulations that restrict women's economic opportunities.
Women, Business and Law (WBL) Index:
- Women, Business and the Law (WBL) measures gender inequality in the law.
- Released by: World Bank
- The study examined laws and regulations affecting women’s economic opportunities across 190
- There were eight parameters –
- Only eight economies among the 190 score the perfect 100 on the WBL Index.
- These are Belgium, Denmark, France, Iceland, Latvia, Luxembourg, Sweden and Canada.
- India is placed 117th among 190 countries.
- The country gained 4 per cent year-on-year with a score of 74.4 out of 100.
- Among the BRICS countries, India’s score is only second to the last.
- South Africa tops the WBL index, followed by Brazil.
Note - Women, on average, have just three-fourths of the legal rights afforded to men globally, as per the WBL study.
CDP India Annual Report 2019
Why in news?
India 5th among countries with corporate commitments to science-based targets: Report
CDP India Annual Report 2019:
- Released by CDP (Carbon Disclosure Project).
About CDP (Carbon Disclosure Project):
- CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts.
- It collects and collates self-reported environmental data in the world.
From the Report:
- The report examines carbon reduction activities of companies.
- United States of America secured the top spot followed by Japan, United Kingdom and France.
- India has ranked 5th among the countries surveyed for corporate commitments to science-based targets (SBT).
- As per the report, 58 Indian companies shared details about the environment-related activities undertaken by them in 2019.
- More than 98 % of leading Indian companies have formed some committee / group within its organization to meet & address climate-related issues.
Global Investment Trends Monitor’ Report
Why in news?
India among top 10 FDI recipients, attracts $49 billion inflows in 2019: UN report
Global Investment Trends Monitor’ Report:
- It is released by UN Conference on Trade and Development (UNCTAD).
- The report states that the global foreign direct investment remained flat in 2019 at $1.39 trillion, a one per cent decline from a revised $1.41 trillion in 2018.
- India was among the top 10 recipients of Foreign Direct Investment (FDI) in 2019, attracting an estimated 49 billion dollars of FDI in 2019, a 16 per cent increase from the previous year.
- South Asia recorded a 10 per cent increase in FDI to $60 billion and “this growth was driven by India.
- The United States is the largest recipient of FDI, followed by China and Singapore.
Note - According to the report, flows of FDI to developing economies remained unchanged.
World Employment and Social Outlook: Trends 2020 (WESO) Report
Why in news?
Global unemployment projected to rise by around 2.5 million in 2020: UN labour report.
More about the news
- The International Labour Organization (ILO) forecasts that unemployment will rise by about 2.5 million this year.
- Report states that, moderate or extreme working poverty is expected to edge up in 2020-21 in developing countries, increasing the obstacles to achieving Sustainable Development Goal 1 on eradicating poverty everywhere by 2030.
- The annual WESO Trends report by International Labour Organization (ILO) analyses key labour market issues, including unemployment, labour underutilization, working poverty, income inequality, labour income share and factors that exclude people from decent work.
Key findings of the report
- The number of people unemployed around the world stands at some 188 million.
- Currently working poverty affects more than 630 million workers, or one in five of the global working population.
- Working poverty is defined as earning less than USD 3.20 per day in purchasing power parity terms.
- Inequalities related to gender, age and geographical location continue to plague the job market, with the report showing that these factors limit both individual opportunity and economic growth.
- 165 million people do not have enough paid work, and 120 million have either given up actively searching for work or otherwise lack access to the labour market.
- Almost half a billion people are working fewer paid hours than they would like or lack adequate access to paid work.
- The rise in trade restrictions and protectionism, which could have a significant impact on employment, is seen as a potentially worrying trend.
Why in news?
India has successfully achieved the complete phase out of Hydro chloro fluoro carbon (HCFC)-141 b, which is a chemical used by foam manufacturing enterprises and one of the most potent ozone depleting chemical after Chlorofluorocarbons (CFCs) .
- India has consciously chosen a path for environment friendly and energy efficient technologies while phasing out Ozone Depleting Substances (ODSs).
- Importantly, India is one among the few countries globally and a pioneer in some cases in the use of technologies, which are non-Ozone Depleting and have a low Global Warming Potential (GWP).
- (HCFC)-141 b is used mainly as a blowing agent in the production of rigid polyurethane (PU) foams.
- The polyurethane foam sector has links with important economic sectors related to buildings, cold chain infrastructure, automobiles, domestic appliances such as refrigerators, water geysers etc.
- India had proactively and successfully taken the challenge of complete phase out of Hydro chlorofluorocarbon (HCFC)-141 b, which is a chemical used by foam manufacturing enterprises by 1.2020.
- HCFC-141b was not produced in the country and all the domestic requirements are met through imports.
- Nearly, 50 % of the consumption of ozone depleting chemicals in the country was attributable to HCFC-141 b in the foam sector.
- The Ministry adopted a HCFC Phase out Management Plan (HPMP) for providing technical and financial assistance in order to transition to non-ODS and low GWP technologies.
- The complete phase out of HCFC 141 b from the country in foam sector is among the first at this scale in Article 5 parties (developing countries) under the Montreal Protocol.
- The phase out of HCFC-141b from the country has twin environmental benefits viz.
- Assisting the healing of the stratospheric ozone layer
- Towards the climate change mitigation due to transitioning of foam manufacturing enterprises at this scale under HPMP to low global warming potential alternative technologies.
Why in news?
The Department of Justice, Government of India celebrated 150000 registrations for advice on Tele-Law, which is an initiative to provide pre-litigation advice to the needy people.
- The Tele-Law initiative was launched on April 20, 2017 with an aim to provide legal advices in the villages through Common Service Centers (CSC) by the Ministry of Law and Justice in collaboration with the Ministry of Electronics and Information Technology (MeitY).
- It is a program by the government where people can seek legal advice from lawyers through video conferencing available at the Common Service Centers, on the ‘Tele Law’ portal.
- The Paralegal Volunteer would be the initial point of contact. He/she would be involved in helping people from the rural areas understand legal matters, elaborately explaining the lawyer’s advice and also in providing assistance in further actions as per the lawyer’s advice.
- A panel of lawyers will be provided by the National Legal Services Authority (NALSA) in every state capital to advise the applicants through video conferencing.
- This scheme has been expanded to 115 Aspirational Districts in 100 days programme of the Government of India.
- A dedicated website on Tele-Law is maintained by the Department of Justice which has been designed with support from CSC e-Governance and has translated in to 22 languages.
- A Tele-Law mobile application is available for the PLVs to pre-register Tele-Law cases.
- A Tele-Law Dashboard is also developed with decentralized features for login and registration of cases and view the status of cases added for Panel Lawyers, Para Legal Volunteers etc.
Why in news?
Australia firefighters save world’s only rare dinosaur trees.
More about the news
- Specialist firefighters have saved the world’s last remaining wild stand of a prehistoric tree from wildfires that razed forests west of Sydney.
- The Wollemi's survival is one of the few positive stories to emerge from the unprecedented wildlife crisis in southeast Australia.
- The Wollemi Pines are thought to have existed even during the Jurassic period.
- The Wollemi Pine had only been seen in its fossilized form and was thought long extinct before the stand was found in 1994 and their location was kept secret to prevent contamination.
- It is classified as critically endangered (CR) on the IUCN's Red List, and is legally protected in Australia.
- Wollemi National Park is the only place in the world where these trees are found in the wild. Approximately, less than 200 trees are left.
Current Affairs Capsules
Global Inequality Crisis
- Released by Oxfam International.
- The report focuses on the alleviation of global poverty.
- India’s richest 1% holds more than four-times the wealth held by the bottom 70% of the country’s population.
Andhra Pradesh Decentralisation and Inclusive Development of All Regions Bill 2020
- Bill provides for the creation of three capital cities to usher in decentralisation of development.
- The Bill proposes to have a legislative capital at Amaravati, executive capital and Raj Bhavan at Visakhapatnam and judicial capital at Kurnool to fulfil the aspirations of all regions.
Previous year question
- “The World Future Energy Summit” seen recently in news,held in which of the following city ?
- Abu Dhabi
- “Katchchativu island” is administered by ?
- Sri Lanka