Showing posts with label Commonwealth. Show all posts
Showing posts with label Commonwealth. Show all posts

Saturday, 27 October 2018

India wins Commonwealth Association for Public Administration and Management Award, 2018 - Pragnya IAS Academy - News Analysis.

India wins Commonwealth Association for Public Administration and Management Award, 2018.

The Department of Administrative Reforms and Public Grievances (DARPG), Ministry of Personnel, Public Grievances and Pensions is an institutional member of Commonwealth Association for Public Administration and Management (CAPAM) which is a non-profit association representing an international network of over 1100 senior public servants, Heads of Government, leading academics and researchers located in over 50 different countries across the Commonwealth.

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The association is guided by international leaders who believe in the value of networking, knowledge exchange and the promotion of good governance for the betterment of citizens in the Commonwealth countries. CAPAM has been announcing its International Innovations Awards (IIA) Programme bi-annually, since 1998.
Shri K. V. Eapen, Secretary, Department of Administrative Reforms & Public Grievances(DARPG) has been elected to the Board of Commonwealth Association of Public Administration & Management(CAPAM) at the Annual General Members Meet held on 23rd October, 2018 at Georgetown, Guyana. During the Conference, CAPAM Innovation Awards were announced. Government of India had sent entries for CAPAM International Innovations Awards, 2018 under various categories.
The CAPAM Awards celebrate the spirit of innovation in the public service by recognizing organizations that have made significant contributions to improve governance and services in the public sector.
The initiative entitled “Unnayan Banka- Reinventing Education Using Technology of Banka District, State of Bihar has been awarded under the Category “Innovation Incubation”.
“Unnayan Banka” is an initiative which envisages “Quality education for all’ especially for those at the bottom of the Pyramid, using latest technologies. It’s a holistic model of overall development of youths from Education to Employability. One of the most important Millennium Development Goals, “Education” is the great social Mobiliser & must be everyone’s Birthright and it is Government of India’s endeavour to provide this to all its children.
Another initiative entitled “Unified Agriculture Markets” of Co-operation Department of Government of Karnataka has also been selected under the Category ‘Innovation in Public Service Management’. This initiative has also been awarded the overall Gold Award for CAPAM Awards, 2018. (Source: pib)


The above Article can also be read using the link below:

India wins Commonwealth Association for Public Administration and Management Award, 2018.

Thursday, 12 April 2018

India top recipient of Commonwealth FDI, says a new report - Pragnya IAS Academy - News Analysis

India top recipient of Commonwealth FDI, says a new report.

Between 2005 and 2016, India remained the top recipient of greenfield FDI from the Commonwealth, more than doubling the amount it received over 10 years, says report.

India has emerged as the top recipient of foreign direct investment (FDI) from within the Commonwealth and is the second-most lucrative source of investment within the 53-member organisation after the UK, according to a new trade review.
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The trade review released in the lead up to the Commonwealth Heads of Government Meeting (CHOGM) next week. ‘Commonwealth Trade Review 2018: Strengthening the Commonwealth Advantage’, compiled by the Commonwealth secretariat, also found that India has moved into the top five providers of intra-Commonwealth services trade, surpassing Canada, and alongside Australia, Singapore and the UK.
“Between 2005 and 2016, India remained the top recipient of greenfield FDI from the Commonwealth, more than doubling the amount it received over 10 years...India is the leading country for attracting greenfield FDI, not only from the Commonwealth but also from the world. In 2015, it overtook China for the first time as the biggest destination for greenfield FDI,” the report notes.
Green-field investments occur when a parent company or government begins a new venture by constructing new facilities in a country outside where the firm is headquartered.
The trade review found that intra-Commonwealth exports of goods and services stood at $560 billion in 2016 and this trade, as a proportion of global trade, is rising and is now 20% of Commonwealth countries’ total trade with the world.
“This underlines the growing significance of Commonwealth markets for many member countries. With world trade growth forecast to rebound in 2017-18, the Commonwealth appears on track to achieve $700 billion in intra-Commonwealth trade in goods and services by 2020, while proactive policy measures can trigger even greater gains,” the report notes.
Intra-Commonwealth trade is projected to reach $700 billion by 2020, driven in large part by India’s economic growth. According to the findings, the “dramatic rise” in the increased prominence of intra-Commonwealth investment is driven by India, a country which also presents enormous potential across economic sectors from the application of digital technologies.
The 2015 ‘Commonwealth Trade Review’ had found that Commonwealth countries, on average, tend to trade around 20% more and generate 10% more investment with each other than with non-member countries. The 2018 review was undertaken to explore how Commonwealth members, individually and collectively, can strengthen this Commonwealth advantage in two ways: by harnessing new technologies, especially digitisation, to trigger new trade and investment opportunities; and by strengthening certain aspects of their domestic trade governance regime to reduce trade costs further.
“Trade and investment flows among our members are strong and continue to grow. Despite the unexpected contraction in world trade since our 2015 Trade Review, intra-Commonwealth trade in goods and services, and productive ‘greenfield’ investment, is growing fast and projected to exceed $1 trillion by 2020,” said Baroness Patricia Scotland, Commonwealth Secretary-General.
The review will feed into the Commonwealth Business Forum deliberations among business leaders and policy-makers from across the member countries, scheduled in London between 16-18 April. Among the Indian business leaders expected to participate include Rakesh Bharti Mittal, president designate, Confederation of Indian Industry (CII) and vice-chairman, Bharti Enterprises, for a panel on global economic growth; Ajay Piramal, chairman, Piramal Group, for a panel on business trust; and Ravi Parthasarathy, chairman, Infrastructure Leasing & Financial Services Limited, for a panel on Smart Cities.
The business forum, alongside parallel Youth, Women’s and People’s forums, will mark a precursor to the Commonwealth Heads of Government Meeting (CHOGM) in London and Windsor on April 19-20, to be attended by Prime Minister Narendra Modi. (Source: Livemint)


The above Article can also be read using the link below:

India top recipient of Commonwealth FDI, says a new report.