Finland Topped In ‘Human Capital’ Score, India Ranked 158th
The India ranks 158th in the world for its investments in education and health care, according to the first-ever scientific study ranking countries for their levels of human capital. India is placed behind Sudan (ranked 157th) and ahead of Namibia (ranked 159th) in the list.
The study, published in journal The Lancet, says that the India’s ranked at 158 out of 195 countries, an improvement from its position of 162 in 1990. The U.S.’s ranked 27th, while China is at 44th and Pakistan at 164th.
UN Declared Nelson Mandela Decade Of Peace 2019-2028
Unanimously adopting a political declaration at the Nelson Mandela Peace Summit, nearly 100 Heads of State and Government, Ministers, Member States and representatives of civil society committed to redoubling efforts to build a just, peaceful, prosperous, inclusive and fair world, as they paid tribute to the late South African President’s (1994-99) celebrated qualities and service to humanity.
Recognizing the period from 2019 to 2028 as the Nelson Mandela Decade of Peace, the Declaration saluted Mr Mandela for his humility, forgiveness and compassion, acknowledging as well his contribution of the struggle for democracy and the promotion of a culture of peace throughout the world.
Aadhaar Linking Must For PAN And Filing Income Tax Returns
The Supreme Court declared the Centre’s flagship Aadhaar scheme as Constitutionally valid. The Supreme Court ruled that linking the Aadhaar card to PAN card is mandatory and is needed for filing income tax returns. The apex court, however, said Aadhaar is not mandatory for opening bank accounts and linking with existing accounts.
The Supreme Court also struck down Section 57 of the Aadhaar Act that allowed private companies to avail Aadhaar data. Calling the section unconstitutional, the court asserted that private companies cannot insist on having Aadhaar number of customers. Aadhaar authentication records cannot be stored beyond six months, striking down the current rule of five years.
Cabinet Approves National Digital Communications Policy
The cabinet has approved the new telecom policy, now named National Digital Communications Policy (NDCP) 2018, which aims to attract USD 100 billion investment and create 4 million jobs in the sector by 2022. NDCP is focused on increasing high-speed broadband penetration, with use of modern technologies like 5G and optical fibres across the country at affordable rates,According to the draft of the policy.
This draft promised to rationalise levies such as spectrum charges to rejuvenate debt-ridden telecom sector, the proposed new telecom policy seeks to provide broadband access to all with 50mb/sec speed, fifth generation(5G) services and create 40 lakh new jobs by 2022.
Mukesh Ambani Toped Barclays Hurun Rich List For 7th Time In A Row
Billionaire Mukesh Ambani, chairman of India’s second-most valued firm ‘Reliance Industries’, has topped the ‘Barclays Hurun India Rich List 2018’ for the seventh consecutive year, with the total net worth of INR 371,000 crore. Barclays Hurun India Rich List 2018, a compilation of the individuals in India having a net worth of INR 1,000 crore or more, featured 831 Indians compared to 617 last year.
Mr Ambani is followed by London-based S.P. Hinduja, with the net worth of INR 1,59,000 crore; and L.N. Mittal, with a net worth of INR 1,14,500 crore. Azim Premji, with the wealth of INR 96,100 crore, is fourth in the list. The cumulative wealth of the 831 individuals featured in the list stood at $719 billion, amounting to a quarter of India’s GDP of $2,848 billion.
Vice President M. Venkaiah Naidu Inaugurated Smart City Expo India-2018
Vice president M. Venkaiah Naidu inaugurated Smart City Expo India-2018 in Jaipur. He stressed the need for water harvesting. According to the Vice President, Smart Vision, Smart execution and smart Implementation are essential to develop smart cities and no city can become smart without the participation of the public.
The object of this three days long expo is to have discussions among different experts and groups to utilize benefits of new technology, town planning, capacity management, challenges before socio-economic development and development of networking in the Smart City sector. Near about 6000 delegates from MNC’s of different countries, researchers, CEO’s of different Smart cities, Mayors and corporates are participating in the expo.