India jumps 19 places in World Bank’s Logistics Performance Index; Improves its Ranking from 54 (in 2014) to 35 (in 2016).
The World Bank has recently released a Logistics Performance Index (LPI) 2016 report titled “Connecting to Complete 2016”. The Logistics Performance Index Report is published by World Bank every two years.
India has now been ranked 35 amongst 160 countries compared to rank of 54 in LPI 2014. This is a jump of 19 places. Further, in terms of the six-components of the LPI i.e. Customs, Infrastructure, International Shipments, Logistics Quality and Competence, Tracking and Tracing, and Timeliness, India’s ranking is 38, 36, 39, 32, 33 and 42 respectively.
The LPI is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance.
The LPI is based on a worldwide survey of stakeholders on the ground providing feedback on the logistics “friendliness” of the countries in which they operate and those with which they trade. They combine in-depth knowledge of the countries in which they operate with informed qualitative assessments of other countries where they trade and have experience of global logistics environment. Feedback from such stakeholders is supplemented with quantitative data on the performance of key components of the logistics chain in the country of work.
Improvement in India’s rank in Logistics Performance Index adequately establishes steady performance in our competitiveness in manufacturing and trade that also acts as one of the growth driver of Make in India Programme.
Wrestler Yogeshwar Dutt’s London Olympics bronze medal upgraded to silver
Indian wrestler Yogeshwar Dutt's bronze medal from the London Olympics has been upgraded to silver after second-place finisher late Besik Kudukhov of Russia was stripped off his medal for failing a dope test. Yogeshwar informed via twitter that this morning he came to know that his Olympics medal has been upgraded to silver.
The wrestler dedicated his medal to people of the nation. As per Russian agency, flowrestling.org, Kudukhov, who had died in a car crash in 2013 in southern Russia, was found to have used a banned substance in a test conducted by the World Anti-Doping Agency (WADA).
As a result, Yogeshwar, who had bagged a bronze medal in men's 60kg freestyle category in the London Games, has now joined Sushil Kumar as the other silver medallist wrestler from the 2012 Olympics.
England beat Pakistan in 3rd one-day after scoring record 444, Highest-ever team total in one-day international
England after scoring the highest-ever 444 runs for three in 50 overs, defeated Pakistan by 169 runs in the 3rd ODI Cricket at Nottingham. Chasing the mammoth target of 445 runs to win the match, Pakistan were all out for 275 in 42.4 overs last night.
England's total surpassed the previous record of 443 for nine by Sri Lanka against the Netherlands at Amstelveen in 2006. It was also the highest ODI total in a match between two Test playing nations, topping South Africa's 439 for two against the West Indies at Johannesburg last year.
For England, Alex Hales scored 171 off 122 balls while Jos Buttler hit an unbeaten 90 off just 22 balls. With this thumping victory, the hosts have won the five-match series with Pakistan 3-0.
Vice President to launch Vidyadhanam educational scholarship today
As part of his three-day visit to Kerala, Vice President Mohammad Hamid Ansari will arrive Kochi today. In Kochi, he will launch the Vidyadhanam educational scholarship instituted by Member of Parliament KV Thomas at St.Teresa's College.
The scheme will benefit students of government and aided schools in Ernakulam Lok Sabha constituency. Mr Ansari will fly back to New Delhi from Kochi in afternoon.
Gujarat becomes first state to distribute 2 crore LED bulbs under UJALA scheme
Gujarat has become the first state to distribute two crore LED bulbs under the Centre's UJALA scheme. The Power Ministry in a release said, Gujarat has reached the milestone in just 96 days and over 42 lakh households have already benefited from the scheme. State-run Energy Efficiency Services Limited (EESL), under the administration of the Power Ministry, is distributing about 2 lakh bulbs daily in Gujarat, a record in itself.
In his speech in Jamnagar yesterday, Prime Minister Narendra Modi said, that there is competition between states to outdo each other in terms of LED distribution. Gujarat, is now leading in terms of LED distribution across the nation. The distribution of 2 crore LED bulbs has led to an annual energy savings of 259 crore kwh, (Kilowatt Hour) which is equivalent to lighting up 5 lakh Indian homes for an entire year.
Alongside the savings, the state has also gained from daily CO2 emission reduction of 5,000 tonnes. Consumers stand to save nearly 336 RUPEES per LED bulb on their electricity bills every year, effectively making them free in just 3 months.