India up 16 spots to 55th in global competitiveness

[Gauss]

very important indicator. competitiveness ensures maximization of welfare in a free market as far as i understand.

 

[TruthPrevails]

Given India's gigantic market size it will overshadow any other inefficiencies given, Market size alone keeps India ranked in the mid range .. A luxury most other countries do not have

Sure it has improved but If you look at the points except for innovation and sophistication factors.. I'ts not doing that great

And this is how kids, you should do constructive criticism instead of being a Modi basher

 

[saurav]

We have miles to go. Starting a business is still a pain. Lot more cleansing required.

Given India's gigantic market size it will overshadow any other inefficiencies given, Market size alone keeps India ranked in the mid range .. A luxury most other countries do not have

Sure it has improved but If you look at the points except for innovation and sophistication factors.. I'ts not doing that great

Summed it perfectly.

 

[Karan Gulati]

Given India's gigantic market size it will overshadow any other inefficiencies given, Market size alone keeps India ranked in the mid range .. A luxury most other countries do not have

Sure it has improved but If you look at the points except for innovation and sophistication factors.. I'ts not doing that great

Lol when India develops or ranks better in such parameter, it's because of its size. When India lags behind in some social parameters then it's not because of its size? then chest thumpers like you come all the way to compare Gigantic India with tiny Sri Lanka instead of cmparing with Goa, Delhi or states with simlar population. hypocrisy

 

[Gibbs]

Lol when India develops or ranks better in such parameter, it's because of its size. When India lags behind in some social parameters then it's not because of its size? then chest thumpers like you come all the way to compare Gigantic India with tiny Sri Lanka instead of cmparing with Goa, Delhi or states with simlar population. hypocrisy

Are you dyslexic ? Where was Sri Lanka even mentioned here ? Massive case of a inferiority complex

You're inability to simply analyse something is not the fault of others.. You may get your panties wet every time India is glorified in media, But it doesn't impress everyone.. This is a forum for exchange of divergent but credible discussions and analytical criticisms, Not childish fantasy.. Get real

 

[Great Sachin]

thats huge jump.....all credit goes to .....jai ho MODI

 

[Providence]

i agree with @Gibbs here..

 

[ThaniOruvan]

Given India's gigantic market size it will overshadow any other inefficiencies given, Market size alone keeps India ranked in the mid range .. A luxury most other countries do not have

Sure it has improved but If you look at the points except for innovation and sophistication factors.. I'ts not doing that great

Are you hurt ?
India doesn't say that it is a high-income developed nation and achieves these rankings.
We are still a low-income developing nation and this kind of ranking is a good sign.
We know that we have many things to improve and you don't have to remind that to us.

 

[Karan Gulati]

butthurt @Gibbs his insecurity is clearly visible on this thread.

 

[ThaniOruvan]

Why should i be hurt ? Do you reckon the condition of my butt depends on over hyped media reports on India? Take your head out of your arse and see the real world..

Only thing that seem to be hurt is your ego, By the exposure how misconstrued this article is. Anybody with an iota of a brain cell can see given India's market size ranked at 3 overwhelms all the other parameters which are either average or indeed very low.. There are definitely improvements in some aspects hence the better ranking but not to get your panties all wet.. Some of us do not believe in fantasies, So your drama does not impress us at all

Don't be naive, I do not care about your butt. I just asked r u hurt ?
Does hurt seems like butt to you ?
What is your education ?

India is a large nation and any improvement comes in small iterations. Not like consuming a steroid so that the muscles bulge rapidly.

If your panties become wet after reading this article, change it and move on. Don't soak around and disgust others.

 

[Echo_419]

India has jumped 16 places on the Global Competitiveness Index, according to the latest rankings released by the World Economic Forum (WEF) on Tuesday. It now ranks 55th among 140 countries, against 71st in 2014-15. But, despite this massive jump, which follows five years of a decline on the list, India still ranks seven notches lower than it did in 2007.

Switzerland tops the latest rankings, followed by Singapore, the US, Germany and Netherlands.

The WEF report attributes the jump in India's ranking "to the momentum initiated by the election of Narendra Modi, whose pro-business, pro-growth, and anti-corruption stance has improved the business community's sentiment towards the government". The report, however, says if a constant sample of 135 countries is considered for both 2014-15 and 2015-16, India's ranking would remain unchanged at 55th.

The Global Competitiveness Index is an annual assessment to gauge the factors driving productivity and prosperity across 140 countries. It measures a country's performance on 12 pillars -institutions, infrastructure, macroeconomic environment, heath and primary education, higher education and training, goods market efficiency, labour market efficiency, financial market development, technological readiness, market size, business sophistication and innovation. The World Bank's ease-of-doing-business survey ranks India at 142. The government has repeatedly promised to implement reforms to push the ranking to within the top 50.

ALSO READ: India tops in FDI for new projects in Jan-June: FT

The latest WEF rankings show India's institutions are now "judged more favourably" (ranked 60th against 70th in 2014-15). The report says in terms of trust in politicians, India ranks 31st, while on favouritism in the decisions of government officials and burden of government regulations, it ranks 32nd and 27th, respectively.


A big improvement was seen in the country's macroeconomic stability through the past year, with its ranking jumping 10 places to 91st in 2015-16. Part of this could reflect the recent moderation in inflation, the fall in the current account deficit and steps taken by the government to control its fiscal deficit.

On infrastructure, the ranking moved up six notches - now, it ranks 29th on the quality of railroad infrastructure and 11th on the available airline seats per km. But on other key parameters, it fares poorly, ranking 61st on the quality of roads and 98th on electricity supply.

The WEF report is rife with anomalies. Health and primary education is seen as an area of improvement, with India's ranking jumping 14 places. This is surprising, as on one of the indicators - quality of primary education - it ranks 52nd, which is at odds with various surveys such as the Annual Status of Education Report that show how poorly the country fares in this regard.

Another surprise is India ranks 25th on hiring-and-firing practices in the labour market, a sharp contrast to public discourse in India that sees restrictive labour laws as thwarting growth in the manufacturing sector.

The report lists corruption, policy instability, inflation, access to financing, government instability and inadequate supply of infrastructure as the top concerns in terms of doing business in India.

Link : http://www.business-standard.com/ar...in-global-competitiveness-115093000072_1.html

Good improvement but still lot to achieve.​

Looks like effects of the reforms are showing up

 

[Karan Gulati]

Don't be naive, I do not care about your butt. I just asked r u hurt ?
Does hurt seems like butt to you ?
What is your education ?

India is a large nation and any improvement comes in small iterations. Not like consuming a steroid so that the muscles bulge rapidly.

If your panties become wet after reading this article, change it and move on. Don't soak around and disgust others.

Just another case of insecure person. Ignore him.

 

[ThaniOruvan]

Looks like effects of the reforms are showing up

Not really sir.
Reforms take much time to show impacts.
This may be the result of brand building and mass marketing done by Shri. Modi.

 

[Gibbs]

Don't be naive, I do not care about your butt. I just asked r u hurt ?
Does hurt seems like butt to you ?
What is your education ?

India is a large nation and any improvement comes in small iterations. Not like consuming a steroid so that the muscles bulge rapidly.

If your panties become wet after reading this article, change it and move on. Don't soak around and disgust others.

Lol.. Dont be pretentious.. Try to come up with something original.. Or is that something you're incapable of ? Again this is not some India glorification forum, This is a platform for anybody to critically analyse what ever is posted, How ever absurd it may be.. So i suggest you take your self glorification to some mutual jerking circle if you cant stomach the facts put forward contrary to your fantasies

 

[Echo_419]

Given India's gigantic market size it will overshadow any other inefficiencies given, Market size alone keeps India ranked in the mid range .. A luxury most other countries do not have

Sure it has improved but If you look at the points except for innovation and sophistication factors.. I'ts not doing that great

Nice analysis dude
On topic
Our ranking will improve in the future specially with all new reforms being implemented on the state level

Not really sir.
Reforms take much time to show impacts.
This may be the result of brand building and mass marketing done by Shri. Modi.

Wouldn't that be a reform in our foreign policy ?