India jumps 6 places on World Bank’s Logistic Performance Index, ranks 38

India has made a significant leap on the World Bank’s Logistics Performance Index, moving up six places to 38th out of 139 countries in the 2023 ranking. This improvement is the result of the country’s substantial investments in both hard and soft infrastructure, as well as technology. In 2018, India was ranked 44th on the index, and its current position marks a considerable improvement from its 54th rank in 2014.

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India climbs 6 places on World Bank's Logistic Performance Index - India Shipping News

India and World Bank’s Logistic Performance Index:

  • India has climbed five places in infrastructure score, moving from 52nd in 2018 to 47th in 2023.
  • The country has also improved its rank in international shipments, moving up from 44th in 2018 to 22nd in 2023.
  • India’s logistics competence and equality has also improved, with a climb of four places to the 48th spot in 2023.
  • In timelines, India has made significant progress, moving up 17 places in rankings.
  • The country has also improved its tracking and tracing capabilities, moving up three places to 38th in 2023.
  • The report attributes India’s progress to modernisation and digitalisation, which have enabled emerging economies like India to leapfrog advanced countries in the logistics sector.

Key Highlights of the World Bank’s Logistic Performance Index(LPI) 2023:

india: India jumps 6 places on World Bank's Logistic Performance Index - The Economic Times

  • The LPI 2023 provides comparisons of logistics performance across 139 countries.
  • This year’s index, for the first time, includes indicators based on big datasets that track shipments to measure trade speed.
  • According to the LPI 2023, Singapore and Finland are the most efficient and highest-ranked countries in terms of logistics performance.
  • India has made a significant improvement in its logistics performance, ranking 38th out of 139 countries and climbing six places from the previous index.

International Day of Multilateralism and Diplomacy for Peace 2023 observed on 24 April

India jumps 6 places on World Bank's Logistic Performance Index, ranks 38 - Part 1581_9.1

International Day of Multilateralism and Diplomacy for Peace 2023

The International Day of Multilateralism and Diplomacy for Peace is celebrated annually on 24 April. The Day acknowledges the use of multilateral decision making and diplomacy in achieving peaceful resolutions to conflicts among nations. This day aims to promote the principles of multilateralism and diplomacy in resolving global challenges and conflicts. The observance also serves as a reminder of the importance of the United Nations and other multilateral organizations in facilitating cooperation and collective action among nations.

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What is multilateralism?

Multilateralism is a philosophy or approach to international relations that emphasizes the need for cooperation and coordination among multiple countries and international organizations to address global issues and achieve common goals. It involves the idea that no single country can solve complex global problems such as climate change, international trade, or terrorism on its own, and that collective action and shared responsibility are necessary. Multilateralism is based on the principles of equality, mutual respect, and diplomacy, and it seeks to foster a more inclusive and transparent global governance system that allows for broad-based participation and consensus-building. Multilateralism is often embodied through international agreements, treaties, and organizations such as the United Nations, World Trade Organization, or the International Monetary Fund, among others.

International Day of Multilateralism and Diplomacy for Peace 2023: History

The International Day of Multilateralism and Diplomacy for Peace is a relatively new observance. It was first proposed by the delegation of the Republic of Azerbaijan to the United Nations in 2018 as a way to promote and reinforce the principles of multilateralism and diplomacy in international affairs. The proposal received support from a group of countries from different regions of the world, and on December 12, 2018, the United Nations General Assembly adopted a resolution (A/RES/73/127) declaring April 24th as the International Day of Multilateralism and Diplomacy for Peace.

The establishment of this observance was seen as a response to the growing challenges to the international rules-based order and the principles of multilateralism and diplomacy, as well as to promote peaceful conflict resolution and cooperation among nations. The day aims to raise awareness of the importance of multilateralism and diplomacy in addressing global challenges and promoting sustainable development, human rights, and peace. It also recognizes the role of the United Nations and other multilateral institutions in advancing these objectives. The first International Day of Multilateralism and Diplomacy for Peace was celebrated on April 24, 2019.

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Kenya’s Kiptum Wins London Marathon in 2nd Fastest Time

Kelvin Kiptum, a 23-year-old Kenyan athlete, collapsed to the ground after achieving victory in the London Marathon and posting the second-best time in history for the distance. Kiptum broke the course record with an impressive time of 2 hours, 1 minute, and 25 seconds, falling short of Eliud Kipchoge’s world record by only 16 seconds.

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Md Farah finished in ninth place:

Where did Mo Farah finish and what was his time at London Marathon 2023?

Amos Kipruto, Tamirat Tola, and Mo Farah, the legendary long-distance runner, were among the elite men’s field that Kelvin Kiptum left behind in what was Farah’s final marathon. Farah, at the age of 40, finished in ninth place with a time of 2 hours, 10 minutes, and 28 seconds.

Ethiopian-born Dutch athlete Sifan Hassan emerged victorious in Women’s Race:

In the women’s elite race, Sifan Hassan emerged victorious in a thrilling race featuring possibly the strongest field ever. Despite falling off the pace and experiencing hip discomfort around the 15-mile mark, the 30-year-old Olympic champion in the 5,000 and 10,000-meter events caught up to the leaders with three miles to go.

About The London Marathon:

TCS London Marathon on Twitter: "Tell us something you learnt from your TCS London Marathon journey ? #LondonMarathon #WeRunTogether https://t.co/7ElLD8E4cP" / Twitter

The London Marathon is an annual long-distance running event that takes place in London, United Kingdom. It was first held in 1981 and has since become one of the world’s most famous marathons, attracting elite athletes and amateur runners from all over the world.
In addition to the elite men’s and women’s races, there are also wheelchair races and a mass participation event for amateur runners. The London Marathon has raised millions of pounds for charity since its inception and is one of the biggest fundraising events in the world.

World Book and Copyright Day 2023: 23 April

India jumps 6 places on World Bank's Logistic Performance Index, ranks 38 - Part 1581_17.1

World Book and Copyright Day 2023

World Book and Copyright Day is observed on April 23 every year to promote reading books, particularly among the younger generation. The United Nations Educational, Scientific and Cultural Organization (UNESCO) initiated this event with the aim of combating the reduced importance given to reading due to the excessive availability of information from various sources. The purpose of this day is to encourage people worldwide to cultivate a habit of reading books. The focus is on promoting reading as the primary source of information and entertainment.

World Book and Copyright Day 2023: Theme

The theme for World Book Day 2023 is ‘Indigenous Languages.’ It focuses on promoting the diversity in native languages of a country.

World Book and Copyright Day 2023: Significance

World Book and Copyright Day holds significant importance as it aims to promote reading and literacy, encourage the publishing and protection of books, and honor the contributions of authors and their works. By celebrating this day, UNESCO intends to promote reading as a fundamental human right, a source of education, and a tool for personal development and cultural understanding. Additionally, this day raises awareness of the importance of copyright laws in protecting the intellectual property rights of authors and publishers. Overall, World Book and Copyright Day serves as a reminder of the vital role that books, authors, and copyright laws play in enriching our lives and shaping society.

World Book and Copyright Day: History

The history of World Book and Copyright Day dates back to 1922 when Vicente Clavel, the director of the Cervantes publishing firm, proposed the idea of dedicating a day to Miguel de Cervantes. The first World Book Day was celebrated in Barcelona on October 7, 1926, which marked Cervantes’ birthday. However, in 1930, the date was changed to April 23, the day Cervantes passed away. This date was chosen because it also coincides with the birthdays and deaths of several prominent authors, including William Shakespeare and Inca Garcilaso de la Vega. UNESCO officially recognized and adopted April 23 as World Book and Copyright Day in 1995.

Important takeaways for all competitive exams: 

  • UNESCO Headquarters: Paris, France;
  • UNESCO Founded: 16 November 1945, London, United Kingdom;
  • UNESCO Director-General, Audrey Azoulay.
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Shantanu Roy to become new CMD of BEML Limited

Shantanu Roy recommended as the next CMD of BEML Limited

Shantanu Roy has been recommended as the next Chairman and Managing Director (CMD) of BEML Limited, a Miniratna PSU under the Ministry of Defence. The Public Enterprises Selection Board (PESB) panel selected him for the position from a list of three candidates, all of whom were from BEML Limited. Roy is presently serving as Director (Mining & Construction Business) in the same organization and has over 30 years of extensive experience in capital goods sectors for defense, mining & construction, transportation, transmission, renewable, and large power projects.

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Roy’s experience and qualifications

Roy holds a graduate degree in electrical engineering from NIT-Raipur and an MBA in Financial Management. He has served as Executive Director of BEML Limited, responsible for the international business division, strategy & new initiatives, coordination, and northern region operations, before assuming his current position in February 2023. As a six sigma black belt certified professional, he is well-versed in various models of project financing, mechanisms and processes for financial closure of large projects, international laws, arbitration rules, international legal & arbitration cases, and statutory & legal compliances.

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British Deputy Prime Minister Dominic Raab Resigns Following Bullying Investigation

Tolley’s Conclusions on Raab’s Behavior

Dominic Raab, the British Deputy Prime Minister, has resigned after an independent investigation found that he acted in an intimidating manner toward colleagues. The 48-page report by lawyer Adam Tolley investigated more than a dozen complaints about Raab’s behavior, with Tolley concluding that Raab did act in an intimidating way with colleagues in two of the three sets of complaints against him.

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Raab’s Resignation Letter: Apology and Criticism

Raab has apologized for any unintended stress or offence caused and defended his conduct, stating that he had never shouted or sworn at officials. However, he has also criticised the inquiry’s “dangerously low threshold for bullying”, stating that it would encourage spurious complaints against ministers and have a chilling effect on those driving change on behalf of the government. Prime Minister Rishi Sunak accepted Raab’s resignation with sadness, but also acknowledged shortcomings in the way initial reports of concerns about Raab were handled.

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India jumps 6 places on World Bank's Logistic Performance Index, ranks 38 - Part 1581_24.1

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NHAI to Develop 10,000 km of Optic Fibre Cables Across India by FY 2025

NHAI’s special purpose vehicle to develop 10,000 km of Optic Fibre Cables in India

The National Highways Authority of India (NHAI) has announced plans to develop an integrated network of around 10,000 kilometers of optic fiber cables (OFC) infrastructure across India by the fiscal year 2025. The project will be implemented by NHAI’s special purpose vehicle, National Highways Logistics Management Limited (NHLML), which will create utility corridors along the national highways to develop the OFC infrastructure. The OFC network will provide internet connectivity to remote regions in India and facilitate the country’s transition to modern telecommunication technologies such as 5G and 6G. Pilot tracks for the development of digital highways have already been identified by NHAI, with the Delhi-Mumbai Expressway and Hyderabad-Bangalore corridor included in the plan.

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NHAI targets to complete OFC infrastructure project in a year

The OFC infrastructure development project is already underway, with a goal to complete it within a year. The OFC network will be leased out on a fixed-rate allocation system on an open-for-all basis through a web portal to eligible users. An official OFC allotment policy is being finalised in consultation with the Telecom Regulatory Authority of India (TRAI) and the Department of Telecommunications (DoT). The development of digital highways in India is expected to expedite the country’s digital transformation and have a catalytic effect on its growth and development.

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Tamil Nadu assembly passes Bill allowing 12-hour work days, DMK allies

The passage of the Factories (Amendment) Act 2023 in the Tamil Nadu Assembly, which provides for flexible work hours for employees in factories, is reportedly facing opposition from political parties, including DMK allies. The Act’s provisions to extend the mandatory working hours from 8 hours to 12 hours have been the main point of contention for the opposition, with concerns raised about worker welfare, safety, and work-life balance.

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More About The New Act:

The Industries Minister Thangam Thennarasu stated that the total working hours would remain unchanged. However, workers would have the option to work four days a week and take three days off, which could benefit women workers.

The Labour Welfare Minister C V Ganesan also mentioned that the three days off would be paid leave, and the existing rules regarding leaves, overtime, and salaries would remain the same. The government would take action against any factories that forced their employees to work against their will.

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Uttar Pradesh on track to be first Indian state with 100% EVs in govt depts

The government of Uttar Pradesh, led by Chief Minister Yogi Adityanath, has launched an ambitious plan to promote the adoption of electric vehicles (EVs) in the state. As part of this initiative, the government has set a target to convert all vehicles used by government departments into EVs by 2030, in a phased manner.

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Yogi Adityanath: UP on its way to become first state to have 100 pc electric vehicles in govt departments - The Economic Times

More About The 100% EVs in govt depts:

The Uttar Pradesh government has issued instructions to all government departments to promote the usage of electric vehicles (EVs) by purchasing them on a nomination basis without tender. The departments can also spend more than the maximum limit to purchase EVs as per their requirement. By achieving the target of converting all government vehicles into EVs before 2030, Uttar Pradesh aims to become the first state in the country to have 100% EVs in its government departments.

To further encourage the adoption of EVs, the Uttar Pradesh government has also notified the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022. The policy includes the following incentives:

  • Tax and registration fee exemption for three years on the purchase of EVs.
  • Tax and registration fee exemption for five years on the purchase of EVs manufactured in the state.

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Wing Commander Deepika Misra is first IAF woman officer to receive gallantry award

India jumps 6 places on World Bank's Logistic Performance Index, ranks 38 - Part 1581_37.1

Wing Commander Deepika Misra has made history as the first female Air Force officer to receive a gallantry medal. She was awarded the Vayu Seva Medal for gallantry by the President of India on Independence Day in the previous year, and recently received the award from the Air Chief Marshal of the Indian Air Force at an investiture ceremony in New Delhi.

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In August 2021, Wing Commander Deepika Mishra was assigned the task of carrying out Humanitarian Assistance and Disaster Relief operations following flash floods in northern Madhya Pradesh. Despite adverse weather conditions, including strong winds and the approaching night, she was the sole individual to arrive at the disaster site that same evening. Her courageous actions and dedication to duty helped rescue 47 individuals, and as a result, she became the first female Air Force officer to be honored with a gallantry award, the Vayu Seva Medal for gallantry, which she received at an investiture ceremony in New Delhi from Air Chief Marshal VR Chaudhari.

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UK and India Discuss Technical Cooperation on Maritime Electric Propulsion Systems

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India jumps 6 places on World Bank's Logistic Performance Index, ranks 38 - Part 1581_6.1

 

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