February 28, 2024

Indexes and Reports


TomTom Traffic Index 2023

The Tomtom Traffic Index 2023 was released by company called TomTom, which specialises in location technology. The report looked at 387 cities in 55 countries, measuring how traffic affected travel time, fuel costs, and carbon emissions using data from over 600 million car navigation systems. It showed that London had the slowest traffic in 2023. Two cities in India, Bengaluru and Pune, were among the ten worst for traffic in 2023, according to the TomTom report. Bengaluru was in 6th place, taking an average of 28 minutes and 10 seconds for a 10-kilometre journey, and Pune was in 7th place,....Read More

Electricity 2024 report

THE Electricity 2024 report was recently released by International Energy Agency. Major India Specific findings India’s electricity demand will outpace China’s and have the world’s fastest growth rate by 2026. India’s annual average electricity demand growth is pegged at 5% over 2024-2026. Coal will meet 68% of India’s electricity needs in 2026. With China and India leading new nuclear reactor construction, Asia’s nuclear generation will exceed North America’s by 2026. The contribution of renewable energy (RE) generation remained relatively steady, constituting 21% of electricity generation in 2023.  Read More

Annual Survey of Industries (ASI) for the financial years 2020-21 and 2021-22 was recently released. MAJOR FINDINGS At the aggregate level, gross value added grew by 8.8 per cent in 2020-21. Gujarat led in GVA in 2020-21 and ranked second in 2021-22, while Maharashtra topped in 2021-22, followed by Tamil Nadu, Karnataka, and Uttar Pradesh. The industries that drove growth during 2021-22 were manufacture of basic metal, coke and refined petroleum products, pharmaceuticals, motor vehicles, and chemicals. Total employment in the sector rebounded in 2021-22, growing by 7.0% year-on-year and exceeding pre-pandemic levels. The share of workers that were self-employed....Read More

Electricity 2024 report

THE Electricity 2024 report was recently released by International Energy Agency. Major India Specific findings India’s electricity demand will outpace China’s and have the world’s fastest growth rate by 2026. India’s annual average electricity demand growth is pegged at 5% over 2024-2026. Coal will meet 68% of India’s electricity needs in 2026. With China and India leading new nuclear reactor construction, Asia’s nuclear generation will exceed North America’s by 2026. The contribution of renewable energy (RE) generation remained relatively steady, constituting 21% of electricity generation in 2023.Read More

Annual Survey of Industries (ASI) for the financial years 2020-21 and 2021-22 was recently released. MAJOR FINDINGS At the aggregate level, gross value added grew by 8.8 per cent in 2020-21. Gujarat led in GVA in 2020-21 and ranked second in 2021-22, while Maharashtra topped in 2021-22, followed by Tamil Nadu, Karnataka, and Uttar Pradesh. The industries that drove growth during 2021-22 were manufacture of basic metal, coke and refined petroleum products, pharmaceuticals, motor vehicles, and chemicals. Total employment in the sector rebounded in 2021-22, growing by 7.0% year-on-year and exceeding pre-pandemic levels. The share of workers that were self-employed....Read More

Transparency International unveiled the 2023 Corruption Perceptions Index (CPI), disclosing a list of the world's most corrupt countries. The report highlighted minimal progress in addressing public sector corruption, as the global average for CPI remained stagnant at 43 for the twelfth consecutive year. Over two-thirds of the 180 ranked countries scored below 50 on the scale, indicating a prevalence of corruption. The CPI evaluates nations based on their perceived levels of public sector corruption, ranging from zero (highly corrupt) to 100 (very clean). Rankings Denmark secures the top position on the index with a score of 90 due to its....Read More

Future of Growth Report

The Future of Growth Report was released by the World Economic Forum at Annual Meeting 2024. The report took a holistic look at GDP alongside the quality of growth across 107 economies in four dimensions- Innovativeness, Inclusiveness, Sustainability, Resilience. High-income economies score high on innovation and inclusion, while lower-income economies on sustainability. Among the lower middle-income economies, India and Kenya scored high on sustainability, Jordan on innovativeness; Vietnam on inclusiveness; and the Philippines on resilience. Common challenges preventing a stronger balanced growth performance of this group included technology absorption, lack of social safety nets, insufficient investment in renewable energy, and....Read More

Global Firepower's Military Strength Rankings for 2024 was released recently. It assesses 145 countries, taking into account more than 60 factors such as the number of troops, military equipment, financial stability, geographic location, and available resources. These factors together determine a PowerIndex score, where lower scores indicate stronger military capabilities. The United States has the most powerful military globally, followed by Russia and China in second and third place, respectively. India holds the fourth position. Pakistan is at number 9 while Bhutan has the least powerful military in the world. The report includes 145 countries and also examines how each....Read More

The Annual Status of Education Report 2023 was released recently. ASER, initiated in 2005, is a citizen-led survey offering insights into rural India's children's education. The ASER 2023 report, released by the NGO Pratham Foundation, focuses on the youth of the age group 14-18 years. The report titled “ Beyond Basics" carried out an intensive survey in 28 districts across 26 states, eventually interacting with 34,745 youngsters of the aimed age group. Unlike the usual country-wide ASER surveys, ASER 2023 is not large in scale; only one or two rural districts in each state have been surveyed.   Major findings....Read More

The Henley Passport Index, which ranks the world’s most travel-friendly passports, has released its list for 2024. Rankings European nations of France, Germany, Italy and Spain, and Asia’s Japan and Singapore share the number one spot. Finland, Sweden and South Korea shared the second rank, while Austria, Denmark, Ireland and Netherlands occupied the third spot. India, meanwhile, has improved its ranking and moved up to the 80th position from the previous year’s ranking of 84. Those holding an Indian passport have visa-free access to 62 destinations. Ranking lowest on the index are Pakistan (101), Iraq (102), Syria (103) and Afghanistan....Read More

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