India slips 10 places to 68th on global competitiveness index; Singapore replaces US to emerge on top
India, which was ranked 58th in the annual Global Competitiveness Index compiled by Geneva-based World Economic Forum, is among the worst-performing BRICS nations along with Brazil
Among the BRICS, China (27th) and Russia (38th) are placed above India in WEF's global competitiveness index ranking
Are three years adequate to judge the performance of a government or do we need to look at a longer time period?
Of the 15 segments assessed, India has shown improvement in all categories except in health and primary education.
The improvement India witnessed in this index is indeed remarkable. However, a more important ranking to watch out for is the ease of doing business
The report should come as a confidence booster for the NDA as it says the rise in India's ranks is mostly due to the government's policies