India ranks 110th on Sustainable Development index

executive@coastaldigest.com (Agencies)
July 22, 2016

United Nations, Jul 22: India is ranked at a low 110 of 149 nations with regard to achieving the Sustainable Development Goals, according to a new index topped by Sweden that shows all countries face major challenges in achieving these ambitious goals.

DevelopmentThe Sustainable Development Solutions Network (SDSN) and the Bertelsmann Stiftung launched a new Sustainable Development Goal Index and Dashboard to provide a report card for tracking Sustainable Development Goals (SDG) progress and ensuring accountability.

The index collected available data for 149 countries to assess where each country stands in 2016 with regard to achieving the SDGs.

It ranks countries based on their performance across the 17 global goals, a set of ambitious objectives across the three dimensions of sustainable development – economic development, social inclusion and environmental sustainability, underpinned by good governance.

The index helps countries identify priorities for early actions and shows that every country faces major challenges in achieving the SDGs.

"The Sustainable Development Goals are stretch goals, but they are within reach if countries work towards them with clarity and determination. The SDG Index and Dashboard can help each country to chart out a practical path for achieving the Goals," said SDSN Director Jeffrey Sachs.

The countries which are closest to fulfilling the goals are not the biggest economies but comparably small, developed countries.

Sweden tops the chart and is followed by Denmark and Norway on the top three performing countries.

Germany (6) and the UK(10) are the only G7 countries to be found among the top ten performers. The US ranks 25th on the index, while Russia and China rank 47th and 76th respectively.

India ranks 110th on the list followed by Lesotho on 113th position, Pakistan (115), Myanmar (117), Bangladesh (118) and Afghanistan (139).

Poor and developing countries understandably score lowest on the SDG Index as they often have comparably little resources at their disposal.

The Central African Republic and Liberia are at the bottom of the Index and still have the longest way to go in achieving the SDGs.

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Agencies
March 7,2020

New Delhi, Mar 7: The Union government has issued a Global Invite for Expression of Interest for disinvestment in Bharat Petroleum Corporation Limited (BPCL) from prospective bidders with a minimum net worth of $10 billion as of Saturday.

The EoI submissions can be made till May 2, whereas investor queries will be entertained till April 4.

Another condition pertains to a maximum of four members are permitted in a consortium, and the lead member must hold 40 per cent in proportion. Other members of the consortium must have a minimum $1 billion net worth.

The EOI allows changes in the consortium within 45 days, though the lead member cannot be changed.

The GoI proposes to disinvest its entire shareholding in BPCL comprising 1,14,91,83,592 equity shares held through the Ministry of Petroleum and Natural Gas, which constitutes 52.98 per cent of BPCL's equity share capital, along with the transfer of management control to the strategic buyer (except BPCL's equity shareholding of 61.65 per cent in Numaligarh Refinery Limited (NRL) and management control thereon).

The shareholding of BPCL in NRL will be transferred to a Central Public Sector Enterprise operating in the oil and gas sector under the Ministry and accordingly is not a part of the proposed transaction.

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News Network
July 9,2020

U.S. electric vehicle maker Tesla Inc is "very close" to achieving level 5 autonomous driving technology, Chief Executive Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input.

"I'm extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly," Musk said in remarks made via a video message at the opening of Shanghai's annual World Artificial Intelligence Conference (WAIC).

"I remain confident that we will have the basic functionality for level 5 autonomy complete this year."

Automakers and tech companies including Alphabet Inc Waymo and Uber Technologies are investing billions in the autonomous driving industry.

However industry insiders have said it would take time for the technology to get ready and public to trust autonomous vehicles fully.

The California-based automaker currently builds cars with an Autopilot driver-assistance system.

Tesla is also developing new heat-projection or cooling systems to enable more advanced computers in cars, Musk said.

Industry data showed Tesla sold nearly 15,000 China-made Model 3 sedans last month.

Tesla has become the highest-valued automaker as its shares surged to record highs and its market capitalisation overtook that of former front-runner Toyota Motors Corp.

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Agencies
June 13,2020

The Brazilian government said that the Amazon rainforest witnessed deforestation of a record 829 sq km in May, the highest monthly level since 2015.

On Friday, the National Institute for Space Research (INPE) said that deforestation in the Amazon increased by 91 sq km compared to the same period last year, reports Xinhua news agency.

Between January and April, destruction of the forest by illegal loggers and ranchers rose 55 per cent, or a total of 1,202 sq km was wiped out, it said.

The Real-time Deforestation Detection system, a federal project created to monitor human activity in the Amazon, alerted authorities to the increase in the rate of destruction of the rainforest.

A recent study by the Amazon Environmental Research Institute (IPAM) warned that deforestation in 2020 could reach 11,900 sq km if the pace of May, June, and July follows the historical average.

Deforestation in the region has soared since President Jair Bolsonaro took office last year, according to conservation groups.

He has argued that more farming and mining in protected areas of the forest were the only way to lift the region out of poverty.

Bolsonaro's environmental policies have been widely condemned but he has rejected the criticism, saying Brazil remains an example for conservation.

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