JULY 2018-INDIA AND WORLD NEWS

India becomes Regional Head of Asia Pacific Region in WCO

  • India has become the Vice Chair of the Asia Pacific Region of World Customs Organisation (WCO) for a period of two years.

India’s GM crop area fifth largest in world

  • According to the International Service for the Acquisition of Agri-Biotech Applications (ISAAA) latest ‘Global Status of Commercialized Biotech/ GM crops in 2017 report, India with 11.4 million hectares (mh) has world’s fifth largest area cultivated under genetically modified (GM) crops in 2017.

India climbs 3 spots to 57th in global innovation rankings

  • The Global Innovation Index (GII) has ranked India as the 57th most innovative nation in the world.

  • The country has improved its ranking from 60th position last year.

Nepal, India to jointly promote tourism

  • The 2nd meeting of the joint working group on tourism cooperation between India and Nepal concluded in Kathmandu, Nepal.

  • Both sides agreed to jointly promote Buddhist and Ramayana circuits and Adventure tourism.

  • The meeting also decided to set up an industry-led India Nepal Tourism Forum.

India to operate ‘World’s Emptiest Airport

  • India goes on a joint venture to operate the loss-making Mattala international airport in southern Sri Lanka with the Sri Lankan government.

  • Mattala airport, named after former president Mahinda Rajapaksa, was a China-supported infrastructure project in his home district of Hambantota.

Nigeria replaces India to become World’s Largest Poor Population

  • With the persistent decline in poverty, India is no longer a nation having the largest number of poor people in the world, according to a study published by the US-based think tank, Brookings.

  • The study, titled ‘The start of a new poverty narrative’ and published in the Brookings’ blog, is authored by Homi Kharas, Kristofer Hamel and Martin Hofer.

GRETI: India ranks 35

  • India was ranked 35th among 100 countries (countries) in recently released Global Real Estate Transparency Index (GRETI).
  • The index was released by released by realty consultant JLL.


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