What is the News? Companies are resorting to the strategy of Shrinkflation to reduce the impact of rising input costs. What is Shrinkflation? Shrinkflation is a combination of two words, “shrink” and “inflation”. It is the practice of reducing the size of a product while maintaining its sticker price. Shrinkflation is basically a form of… Continue reading Shrinkflation: How inflation is downsizing some of your favourite foods
Tag: WEF
Tamil Nadu to establish advanced manufacturing hub
News: Tamil Nadu’s Guidance, nodal investment promotion and facilitation agency has partnered with the World Economic Forum(WEF) to establish India’s first advanced manufacturing hub(AMHUB) in the state. Facts: Advanced manufacturing hub(AMHUB): It is one among the nineteen platforms that has been designed by the World Economic Forum(WEF). Focus of AMHUB: This manufacturing hub focuses on… Continue reading Tamil Nadu to establish advanced manufacturing hub
COVID Action Platform
Facts: COVID Action Platform was created by the World Economic Forum (WEF). Aim: To convene the business community for collective action, protect people’s livelihoods and facilitate business continuity and mobilize support for the COVID-19 response. The fund has the support of the World Health Organization and is open to all businesses and industry groups as… Continue reading COVID Action Platform
WEF:Global Risks Report,2020
News:The World Economic Forum has released the ‘Global Risks Report 2020’. Facts: About Global Risks report: The report describes changes occurring in the global risks landscape from year to year and identifies global catastrophic risks. This is the first time in the report’s 10-year-history that all of the top five issues that are likely to… Continue reading WEF:Global Risks Report,2020
WEF Gender Gap Index: India slips to 112th rank, in bottom 5 on health, economic fronts
News:World Economic Forum(WEF) has released the Global Gender Gap Index Report 2019. Facts: About Global gender gap Index: The Global gender gap Index is published annually by the World Economic Forum(WEF) since 2006. The report ranks 153 countries on their progress towards gender parity in four dimensions namely (a)Economic Participation and Opportunity, (b)Educational Attainment ((c)Health… Continue reading WEF Gender Gap Index: India slips to 112th rank, in bottom 5 on health, economic fronts
India joins WEF’s G20 Global Smart Cities Alliance on Technology Governance
News:India has joined the World Economic Forum’s(WEF) G20 Global Smart Cities Alliance on Technology Governance. Facts: About G20 Global Smart Cities Alliance: The G20 Global Smart Cities Alliance on Technology Governance was established in June 2019, in conjunction with the G20 Summit held in Osaka,Japan. It is an alliance that comprises of 15 of the… Continue reading India joins WEF’s G20 Global Smart Cities Alliance on Technology Governance
India Economic Summit
News:The World Economic Forum’s 33rd edition of the India Economic Summit will begin from October 3rd in New Delhi. Facts: About the summit: The summit is being held by the World Economic Forum in collaboration with the CII(Confederation of Indian Industry). The theme of the summit is ‘Innovating for India: Strengthening South Asia, Impacting the… Continue reading India Economic Summit
WEF Centre, Telangana govt set to send medical supplies via drones
Telangana Government and the World Economic Forum’s Centre for the Fourth Industrial Revolution Network has announced the ‘Medicine from the Sky’ project. The project aims to deliver emergency medical supplies such as blood and vaccines via drones.The project will run in partnership with the State Government and HealthNet Global Limited. The project will also help… Continue reading WEF Centre, Telangana govt set to send medical supplies via drones
