India Slips to 42nd Place on EIU Democracy Index; US at 21st

Agencies
February 1, 2018

New Delhi, Feb 1: India has slipped to 42nd place on an annual Global Democracy Index amid "rise of conservative religious ideologies" and increase in vigilantism and violence against minorities as well as other dissenting voices.

While Norway has again topped the list, followed by Iceland and Sweden, compiled by the Economist Intelligence Unit (EIU), India has moved down from 32nd place last year and remains classified among "flawed democracies".

The index ranks 165 independent states and two territories on the basis of five categories: electoral process and pluralism, civil liberties, the functioning of government, political participation and political culture. The list has been divided into four broad categories -- full democracy, flawed democracy, hybrid regime and authoritarian regime.

The US (ranked 21), Japan, Italy, France, Israel, Singapore, and Hong Kong have also been named among flawed democracies.

The EIU is the research and analysis division of the UK- based media behemoth The Economist Group. Created in 1946, the EIU describes itself as having over 70 years of experience "in helping businesses, financial firms and governments to understand how the world is changing and how that creates opportunities to be seized and risks to be managed".

The top three positions on the list are occupied by Nordic countries -- Norway, Iceland and Sweden. New Zealand is at fourth and Denmark at fifth place, while others in top-ten include Ireland, Canada, Australia, Finland and Switzerland.

Only top-19 countries have been classified as full democracies, while the hybrid regimes include Pakistan (110th), Bangladesh (92nd), Nepal (94th) and Bhutan (99th).

Those named as authoritarian regimes include China (139th), Myanmar (120th), Russia (135th) and Vietnam (140th).

North Korea is ranked the lowest at 167th, while Syria is a notch better at 166th place.

Top-ranked Norway has been given an overall score of 9.87 with perfect-ten scores for Electoral process and pluralism; Political participation; and Political culture.

Indias overall score has fallen to 7.23 points, even as it scored well on electoral process and pluralism (9.17). It has not managed to score so well on other four parameters -- political culture, functioning of government, political participation and civil liberties.

"The rise of conservative religious ideologies also affected India. The strengthening of right-wing Hindu forces in an otherwise secular country led to a rise of vigilantism and violence against minority communities, particularly Muslims, as well as other dissenting voices," the EIU added.

This years report which also measured the state of media freedom around the world noted that in India, media is partially free.

Moreover, journalists are at risk from government, military and non-state actors and radical groups, and the threat of violence has a chilling effect on media coverage.

"India has also become a more dangerous place for journalists, especially the central state of Chhattisgarh and the northern state of Jammu and Kashmir. The authorities there have restricted freedom of the press, closed down several newspapers and heavily controlled mobile internet services. Several journalists were murdered in India in 2017, as in the previous year," it noted.

In the 2017 Democracy Index, the average global score fell from 5.52 in 2016 to 5.48 (on a scale of 0 to 10). Some 89 countries experienced a decline in their total score compared with 2016. 27 recorded an improvement. The other 51 countries stagnated, as their scores remained unchanged compared with 2016.

Almost one-half (49.3 per cent) of the worlds population lives in a democracy of some sort, although only 4.5 per cent reside in a "full democracy", down from 8.9 per cent in 2015 as a result of the US being demoted from a "full democracy" to a "flawed democracy" in 2016.

Around one-third of the worlds population lives under authoritarian rule, with a large share being in China, EIU noted.

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News Network
March 24,2020

Kochi, Mar 24: Long queues were witnessed in front of state beverages corporation outlets across Kerala on Tuesday despite the statewide lockdown to prevent the spread of the coronavirus.

As tipplers thronged the outlets unmindful of the curfew, officials asked them to ensure that they kept a one metre distance between them as part of preventive steps to check the COVID-19 transmission.

Official sources said precautionary measures have been taken at the beverages outlets to prevent the virus spread.

Only those wearing masks were allowed to stand in queues, the sources said.

Police were deployed to ensure that the people standing in queues keep a one metre distance between them, they added.

The opposition Congress slammed the CPI(M)-led LDF government for not taking steps to restrict crowds in front of the Kerala State Beverages Corporation (Bevco) outlets, apprehending that such a situation would pave way for spreading the virus.

Ernakulam district congress committee general secretary Sherin Varghese claimed if the government had implemented a 2017 Kerala high court order directing the beverages corporation to take remedial steps to end long queues in front of the outlets, such a situation would not have arisen.

"Had the beverages corporation complied with the court order, safety and security of persons standing in queues could have been ensured.

Now there is no protective measure to prevent the possible transmission of the coronavirus from a carrier to another person," he told PTI.

Meanwhile, the state government has directed that adequate distance be kept between people standing in queues.

Chief Minister Pinarayi Vijayan on Monday justified the decision to keep the liquor shops open citing the "peculiar" situation prevailing in the state.

Kerala is in a total lockdown since Monday midnight till March 31 to check the virus spread.

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Agencies
March 9,2020

Mumbai, Mar 9: The mayhem in domestic stock markets deepened with the BSE Sensex falling over 2,400 points and the Nifty50 trading below 10,400 points.

The plunge in the domestic indices was in line with the global markets on persistent fears of economic impact of the coronavirus epidemic.

Stocks of Reliance Industries registered the biggest fall in over 10 years as it fell to Rs 1,094.95 per share. At 1.34 p.m., it was trading at Rs 1,100, lower by Rs 170.05 or 13.39 per cent from its previous close. The stock fell most since October 2008.

The benchmark index of BSE Sensex was trading at 35,232.67 points, lower by 2,343.95 points or 6.24% from the previous close of 37,576.62 points. 

It had opened at the intra-day high of 36,950.20 and has so far touched a low of 35,109.18.

The Nifty50 on the National Stock Exchange was trading at 10,314.25 points, lower by 675.20 points or 6.14% from the previous close. 

It was a sell-off across sectors, led by financial, metal, energy and IT stocks - which weighed on the markets.

Further, crude oil prices also slumped around 30% on Monday as Organization of Petroleum Exporting Countries (OEPC) failed to agree on an output cut deal, eventually causing Saudi Arabia to cut its prices as it is likely to increase its production. Saudi Arabia's stance has already raised concerns of an all-out price war.

Brent crude futures are currently trading around $34 per barrel.

On Saturday, Saudi Arabia announced massive discounts to its official selling prices for April, and the nation is reportedly preparing to increase its production above the 10 million barrel per day mark, according to reports.

As per analysts, the oil market witnessed the worst price fall on Monday since the 1991 Gulf War.

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News Network
July 25,2020

New Delhi, Jul 25: Congress leader Rahul Gandhi on Saturday accused the government of benefitting by making profits during the coronavirus-induced lockdown when people were in trouble.

He tagged a news report that claimed the Indian Railways was making profit by running 'Shramik trains' for transporting migrants during the pandemic.

"There are clouds of disease and people are in trouble, but one seeks to benefit -- this anti-people government is converting a disaster into profits and is earning," he said in a tweet in Hindi.

The news report claimed that the railways made a profit of Rs 428 crore by running Shramik special trains during the lockdown that transported migrants to their native places.

In another tweet, he lauded the efforts of the Himachal government in conducting a survey to select 'one district, one product', saying he had suggested this sometime back.

"This is a good idea. I had suggested it some time back. Its implementation will need a complete change of mindset," he said on Twitter.

He also tagged a report that stated the state Industries Department is conducting a baseline survey in all districts to select one district, one product for centrally-sponsored Micro and Small Enterprises Cluster Development Programme (MSE-CDP). 

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