Governance Current Affairs, GK & News

World Bank’s World Governance Indicators (WGI)

According to a presentation prepared in 2020, by the then Principal Economic Advisor in the Ministry of Finance, Sanjeev Sanyal, inputs that go into the making of the World Bank’s World Governance Indicators (WGI) are arbitrary. What is the presentation about? A presentation titled— “Subjective Factors that impact India’s Sovereign Ratings: What can we do ..

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Democracy Index 2021: EIU Latest Report

The Economic Intelligence Unit recently released the Democracy Index Report, 2021. The report described the state of democracy in 165 countries. About the Report The report was prepared based on five parameters. They were functioning of the government, electoral process and pluralism, political participation, civil liberties and political culture. Key findings of the report Norway ..

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Vision [email protected]

The Government of India is to finalize the 2047 plan by May 2022. The plan is being framed by a Sectoral Group of Secretaries. That is, the sectaries are from ten different sectors. They will draw a plan that will start by this decade. Aim of Vision [email protected] The aim of the vision is to ..

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District Level Good Governance Index

The Jammu and Kashmir Union Territory is to get a district – level Good Governance Index. The index is modelled on Good Governance Index 2021. What is District Good Governance Index? The index will assess the governance in different districts of Jammu and Kashmir. It is to be calculated considering 58 indicators in ten different ..

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Chandler Good Government Index

The Chandler Good Governance Index is released by the Chandler Institute of Governance headquartered in Singapore. The index is prepared based on seven pillars namely leadership and foresight, strong institutions, robust laws and policies, attractive market place, financial stewardship, helping people rise, global influence and reputation. India ranked 49th in the Chandler Good Governance Index ..

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RBI Guidelines for Tenure of Bank CEOs and MDs

The Reserve Bank of India recently laid down set of instructions to improve the corporate bank governance. RBI Guidelines The post of MD and CEO shall not be held by the same person for more than 15 years. However, they can be reappointed after a cooling period of three years. During the cooling period, the ..

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