Posts

Showing posts with the label UNSC

India, the 3rd largest economy on PPP

Image
The next ICP comparison will be Conducted for reference year 2021 Purchasing Power Parities and the size of Indian Economy: Results from the 2017 International Comparison Program The World Bank has released new Purchasing Power Parities (PPPs) for reference year 2017, under International Comparison Program (ICP), that adjust for differences in the cost of living across economies of the World. Globally 176 economies participated in 2017 cycle of ICP. The International Comparison Program (ICP) is the largest worldwide data-collection initiative, under the guidance of UN Statistical Commission (UNSC), with the goal of producing Purchasing Power Parities (PPPs) which are vital for converting measures of economic activities to be comparable across economies. Along with the PPPs, the ICP also produces Price Level Indices (PLI) and other regionally comparable aggregates of GDP expenditure. India has participated in almost all ICP rounds since its inception in 1970. The

KP Chair India to host 300 delegates on Monday!

Image
KP Intersessional Meeting 2019 Scheduled to be held in Mumbai To run through 17th to 21st June, 2019  The Intersessional meeting of Kimberley Process (KP) is being hosted by India from 17th to 21st June, 2019 in Mumbai. Besides meetings of different Working Groups and Committees of the Kimberley Process Certification Scheme (KPCS), two special forums regarding Diamond Terminology and Artisanal Mining – Small Steps to Larger Outcomes, will be held during the Intersessional. Around 300 delegates from the Government of India and other participating countries, industry and civil society will be attending the five-day Meeting. India and the KPCS: India is one of the founder members of Kimberley Process Certification Scheme and is the Chair of Kimberley Process for the year 2019 with Russian Federation as Vice Chair. India had earlier chaired KPCS in the year 2008. Alok Vardhan Chaturvedi, Director General, Directorate General of Foreign Trade, has been designated as KP C