News:International Energy Agency(IEA) has released its annual Global Energy Review 2020 report. Facts: International Energy Agency(IEA): Established in 1974 as an autonomous intergovernmental organization under the OECD framework. Aim:To ensure reliable, affordable and clean energy for its member countries and beyond. Headquarters: Paris, France. Focus areas: It has four main areas of focus: a) Energy… Continue reading Global energy demand to fall 6 per cent in 2020, largest drop in 70 years: IEA
Tag: OECD
India set to make modest recovery on reforms: OECD
News:The Organisation for Economic Co-operation and Development(OECD) has released its Economic Survey of India report. Facts: Report on GDP growth: The report has projected GDP growth in the current fiscal (2019-20) at 5.8% lower than 6.8 per cent in 2018-19. However, it estimated the GDP to grow at 6.2% during 2020-21 and further to 6.4%… Continue reading India set to make modest recovery on reforms: OECD
Economic Outlook for South East Asia,China and India
News:The Organization for Economic Co-operation and Development(OECD) has released its report titled Economic Outlook for South East Asia,China and India. Facts: Key takeaways from the report: India’s gross domestic product(GDP) is projected to grow at 6.6% in 2020-24 lower than its 2013-17 average of 7.4%. The report said that India’s reliance on consumption will continue… Continue reading Economic Outlook for South East Asia,China and India
India finds OECD index for services trade faulty
India has approached several developing countries during the World Trade Organization(WTO) talks in New Delhi to try to build consensus around the new method of measuring Services Trade Restrictiveness Index (STRI). India has said that the current method under which the Organisation for Economic Cooperation and Development(OECD) ranks countries based on their services trade policies… Continue reading India finds OECD index for services trade faulty
