Current Affairs

The Global Firepower’s Military Strength Rankings for 2024 offer a comprehensive assessment of military capabilities worldwide.
The rankings, encompassing 145 countries, take into account more than 60 factors, including troop numbers, military equipment, financial stability, geographic location, and available resources. The culmination of these factors results in a PowerIndex score, providing a nuanced perspective on global military strength.
Global Firepower’s unique, in-house formula levels the playing field, enabling smaller, technologically advanced nations to compete with larger, less-developed powers. The use of special modifiers, such as bonuses and penalties, refines the list annually.
The methodology aims to offer a more holistic understanding of military capabilities by factoring in economic strength, logistical efficiency, and geography. This multi-faceted approach moves beyond raw firepower to paint a more complete picture of the global military landscape.

OVER 24.8 CRORE INDIANS ESCAPE MULTIDIMENSIONAL POVERTY IN 9 YEARS: NITI AAYOG REPORT REVEALS –

In a significant stride towards poverty alleviation, a recent NITI Aayog report reveals that 24.82 crore people in India have successfully moved out of multidimensional poverty from 2013-14 to 2022-23.
The decline is remarkable, dropping from 29.17% to 11.28% during this period. The multidimensional poverty index assesses deprivations across health, education, and standard of living using 12 sustainable development goals-aligned indicators.
At the state level, Uttar Pradesh takes the lead with 5.94 crore people escaping poverty, followed by Bihar at 3.77 crore and Madhya Pradesh at 2.30 crore.
All 12 indicators, encompassing nutrition, mortality rates, education, and more, witnessed significant improvements.
The report suggests that India is poised to achieve Sustainable Development Goals, particularly SDG 1.2 (reducing multidimensional poverty by at least half), well before the 2030 deadline. The accelerated decline is attributed to various government initiatives targeting specific deprivation aspects.
Anticipating a continued positive trajectory, the report envisions India reaching single-digit poverty levels by 2024.

TAMIL NADU WAS RECOGNISED AS THE ‘BEST PERFORMER,’ THE TOP CATEGORY IN THE STATES’ STARTUP RANKING 2022, RELEASED RECENTLY –

It was the 4th edition of Startup India Ranking carried out by the Department for Promotion of Industry and Internal Trade.
Released by Department for Promotion of Industry and Internal Trade (DPIIT).
Objective is to evaluate all of India’s States and Union Territories (UT) on their efforts to build an ecosystem conducive to startup growth.
It aims to evaluate the Indian startup landscape through the eyes of state / UT policy intervention and identify practices that accelerate ecosystem growth and development.
The fourth edition of the exercise was launched in 2022 wherein the ranking framework comprised of 7 reform areas with a total of 25 action points with score of 85 marks and an overall score of 100 marks including that of the feedback exercise.
This edition saw the maximum participation across all editions, of 33 States and Union Territories.
The states and union territories were divided into Category-A (Population more than 1 crore) and Category-B (Population less than 1 crore) to establish uniformity and ensure standardization in the ranking process.
The results of the 4th edition of the States’ Startup Ranking 2022 on National Startup Day – 16th January 2024 at an event held in New Delhi at Bharat Mandapam.

Category A States (Population more than 1 crore)

Category B States (Population less than 1 crore)

Best performer: Himachal Pradesh
Top Performer: Arunachal Pradesh, Meghalaya
Leader: Goa, Manipur, Tripura
Aspiring leader: Andaman and Nicobar Islands, Nagaland
Emerging Ecosystems: Chandigarh, Dadra and Nagar Haveli and Daman and Diu, Ladakh, Mizoram, Puducherry, Sikkim.

14 January 2024 Current Affairs