WHO launched Good Governance Index?

WHO launched Good Governance Index?

Dr. Jitendra Singh
Jitendra Singh on ‘Good Governance Day’ The MoS (PP) Dr. Jitendra Singh launched the ‘Good Governance Index’ (GGI) at an event organized by the Ministry of Personnel, Public Grievances & Pensions, on the occasion of Good Governance Day (Dec 25).

What is the purpose of WGI?

The World Governance Index (WGI) is an indicator developed in 2008 by the Forum for a new World Governance (FnWG). It aims to provide, year on year, a precise image of the situation of world governance and of its evolution.

What is corporate governance index?

The index gauges the extent to which companies are effectively achieving each of the Guiding Principles. The ACGI goes beyond the publicly observable aspects of corporate governance to provide an internal perspective on the effectiveness of corporate governance throughout the organization.

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What is public affairs index?

About the PAI 2021: Public Affairs Index (PAI 2021) ranks the states and Union Territories based on three pillars of equity, growth and sustainability along with 5 themes, 14 Sustainable Development Goals (SDGs) and 43 indicators.

What is e governance Upsc?

e-Governance can be defined as the application of information and communication technology (ICT) for providing government services, exchange of information, transactions, integration of previously existing services and information portals.

What are the six dimensions of governance?

Based on a long-standing research program of the World Bank, the Worldwide Governance Indicators capture six key dimensions of governance (Voice & Accountability, Political Stability and Lack of Violence, Government Effectiveness, Regulatory Quality, Rule of Law, and Control of Corruption) between 1996 and present.

What is China rank on voice and accountability?

Voice and Accountability: Percentile Rank in China was reported at 4.8309 \% in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources.

How is corporate governance scorecard calculated?

However, there is no comprehensive tool for measuring the Corporate Governance status of the companies….Calculating the CG Score (an example for understanding purposes only)

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Principle Questions Maximum Possible Marks
Role of Stakeholders 9 18
Disclosures & Transparency 23 46
Responsibilities of Board 19 38

Which company has best corporate governance?

Infosys topped a poll on best practices in corporate governance conducted by Asiamoney. Infosys ranked # 1 across categories of ‘disclosure and transparency, responsibilities of management and the board of directors, and shareholders’ rights and equitable treatment’.

When was the concept of good governance introduced?

The World Bank introduced the concept in its 1992 report entitled “Governance and Development”. According to the document, good governance is an essential complement to sound economic policies and is central to creating and sustaining an environment which fosters strong and equitable development.

How do you establish good governance?

What Constitutes Good Governance

  1. Participation.
  2. Consensus oriented.
  3. Accountability.
  4. Transparency.
  5. Responsive.
  6. Effective and efficient.
  7. Equitable and inclusive.
  8. Follows the rule of law.

What is ‘Good Governance Index’ launched on the occasion of Good Governance Day?

Context: Latest edition of the ‘Good Governance Index’ has been launched on the occasion of ‘Good Governance Day’. Good Governance Day is observed on the birth anniversary of former Prime Minister Shri Atal Bihari Vajpayee (25th December). It was observed for the first time in 2014.

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What is the purpose of the State Governance Index?

It is a tool to assess the status of governance and the impact of various interventions taken up by the State Government and UTs. To provide quantifiable data to compare the state of governance in all states and UTs.

What is the status of Governance ranking?

The ranking was launched by the Department of Administrative Reforms and Public Grievances, Ministry of Personnel, Public Grievances and Pensions. The GGI is a uniform citizen-centric tool to assess the Status of Governance and impact of various interventions taken up by the State Government and UTs.

What is the GGI index?

GGI is a nation-wide comparative study of States on governance which is carried out by the Government of India. It is a welcome exercise to incentivise States to competitively deliver on public services to the citizens. What are the findings of the index? Tamil Nadu has ranked first in this index.