India’s Green GDP catches up with GDP

What is Green GDP?

India

The Reserve Bank of India, released a paper showing that the “Green” GDP is catching up with the GDP of the country.

Green GDP is the number after adjusting the GDP for environmental impact. What it aims to check is if the country kept up its commitment to reduce environmental damage.

The number has been tracked for the first time by 3 persons working in the Reserve Bank of India. They have done extensive research and with data going back to 1970’s. This number can be the basis of future GDP calculation

Rishi Sunak is the new Prime Minister of UK

World

Rishi Sunak led from the front to become the Prime Minister of UK. He was elected after Liz Truss remained in office just for 41 days.

Liz Truss policies tanked the British economy and caused deep concerns in the country.

Rishi Sunak is the first British Prime Minister of Indian origin. But he has his plate full as he has to negotiate the economy and the party to greater heights.

Cyclone Sitrang intensifies

Environment

The weather department has predicted heavy rain and strong winds in West Bengal and the Northeast as cyclonic storm ‘Sitrang’ intensifies and moves towards Bangladesh.

They have issued a warning against venturing out to sea. Many districts in India are preparing for the landfall and is expected to have sever rains and possible flooding

Bangladesh beat Netherland by 9 runs in T20 World cup match

Sports

Bangladesh score 144 for 8 wickets in the 20 overs and then managed to bowl out Netherlands with 135 runs winning the match.

For Bangladesh Taskin Ahmed took 4 wickets in his 4 over spell. Netherland put a strong chase with Colin Ackermann scoring 62 runs in 48 balls.

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