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<ul><li>India slipped ten places in the <keyword id="2040615" type="PERSON" weightage="20" keywordseo="Global-Competitiveness-Index">Global Competitiveness Index</keyword>, ranking at 68.</li><li>The country’s ICT technology innovation capacity is growing but isn’t backed by investment in human capital.</li><li>India’s overall score is relatively stable but countries ranked near India demonstrated more growth.</li></ul>Getting more people online has been the goal of the current Indian government since its rise to power. Fall in the price of 3G and 4G data has also made it more affordable for people to connect to the internet. Despite these strides, India fell 10 places in the World Economic Forum’s (WEF) <a href="http://www3.weforum.org/docs/WEF_TheGlobalCompetitivenessReport2019.pdf">Global Competitiveness Index</a>, ranking at 68. India’s slip in the rankings is only partially because of the fall in its score — a drop of 0.7 points. The report notes that a greater factor may have been because other countries — which were previously ranked lower on the Global Competitiveness Index — have shown faster improvement, especially when it comes to the adoption of information and technology. India has improved significantly since 2017, but information and communication technology (ICT) continues to remain a challenge due to underlying factors like women participation in the workforce and weak workers’ policies. India and other emerging economies are also showing signs of stagnation and slowdown since their growth has largely been ‘anaemic’ — or unequal. India’s mixed results More ICT means more innovation, according to the WEF. In order to deal with the growth of their innovation capacity, emerging economies — like China, India and Brazil — need to strengthen their skills and labour market. Technological integration is good on paper. But, without human capital investment, it remains largely inadequate. India performed well in terms of innovation, ranking 35th in the world. But, it falls short when it comes to other foundational enablers of competitiveness on the Global Competitiveness Index. The one thing that does work in India’s favour is its market size. Even its financial sector ranks better than most other countries despite the high delinquency rate — that’s not to say that the banking system has not weakened. On the other hand, India ranks as low as 107th when it comes to skills, and is at 101th in terms of product market efficiency. The country’s labour market needs transformation in order to protect its workers and also encourage female participation in the world place — which is abysmally low at a rank of 128 — according to the WEF. This is also reflected the level of inequality in India. Income share of the top 10% in the country is higher than levels seen in the US, China and even Russia. India’s progress was good — Others were better The East Asia and Pacific region is the most competitive in the world. Countries like Singapore, Japan and Taiwan lead the charge on the rest of the world. In fact, Singapore holds the highest rank on the Global Competitive Index. But India lags woefully behind, according to the WEF. Countries ranked near India all show small, but significant improvements in their score. Vietnam, for instance, is ranked 67 and moved up 10 places in the index showing 3.5 points of improvement. Azerbaijan made an even greater jump of 11 places even though its competitive score only increased by 2.7 points to rank at 58. Turkey was able to maintain its rank at 61 but only because its performance improved by 0.5 points. One of the reasons for its improved competitiveness is the diffusion of the Internet across the country. Turkey’s also has more women participating in the workforce and has strengthened workers’ rights. Colombia, 57th on the Global Competitive Index, moved up three places brushing up its score by 1.1 points. India vs BRICS Among the BRICS nations, China is the best performer, maintaining its 28th position and outranking the Russian Federation at 43. That’s 40 places and 14 points ahead of India on the Global Competitive Index. China’s performance is almost at par with OECD standards. In fact, its ICT adoption outperforms all 25 of the OECD countries. South Africa, also moved up 7 places in the Global Competitive Index with a score improvement of 1.7 points ranking at 60. The only BRICS nation to rank lower than India is Brazil at 71. See also: <a href="https://www.businessinsider.in/tech/news/india-is-as-prepared-as-us-or-australia-to-welcome-the-5g-era/articleshow/71499916.cms" style="">India is as prepared as US or Australia to welcome the 5G era</a> <a href="https://www.businessinsider.in/digital-india-mckinsey-report-analysis-of-indias-digital-economy/articleshow/68686474.cms" style="">India is digitising fast but the pace is leaving many behind</a> <a href="https://www.businessinsider.in/indias-schools-to-get-digital-boards/articleshow/68099142.cms" style="">From blackboards to digital boards: India infuses ₹90 billion to modernise classrooms</a>

India falls 10 places in Global Competitive Index as others race ahead in technology

Working in India is still okay, but if you can, plan your retirement somewhere outside India, because the country has been ranked last in the Natixis Global AssManagement's fourth annual <keyword id="3503702" type="UNKNOWN" weightage="100" keywordseo="Global-Retirement-Index">Global Retirement Index</keyword> (GRI). 
 
This makes India world's worst country for retirees. 
 
Talking of the top rankers, Switzerland, Norway and Iceland are among the top three countries where retirees have the best life; global power United States ranks 14th on the list. 
 
The list comprises of 43 nations, taking 34 from IMF's advanced economies, five from OECD and four from BRICS. Last year, the list had covered 150 countries, in which India ranked 88th. Even then, it was the worst-performing nation from BRICS. 
 
"In the health sub-index, India ranks last. India has a health index score of just 4%, the lowest score in any sub-index in this year's GRI," the report said. 
 
The objective behind this annual retirement index is to provide a global benchmark for retirees and future retirees so that they can evaluate and compare the suitability of various nations, and plan their retirement according to their expectations and needs. 
 
In 2014, India saw its elderly population crossing the 100 million mark, out of which half live below the poverty line. As per a report by HelpAge India, elderly Indians will be making up 20% of India's population by 2050. 
 
"India is last in the quality of Life sub-index with a score of 6%. India has the lowest score for air quality, happiness and water and sanitation and the second to last in biodiversity and habitat," the report added. 
 
<a href="https://upload.wikimedia.org/wikipedia/commons/f/fd/India_-_Varanasi_crazy_man_-_1055.jpg">Image source</a>

India ranks LAST in global retirement index

<ul class="summary-list"><li>Switzerland ranked at the top of INSEAD's 2023 Global Talent Competitiveness Index.</li><li>The index analyzed countries' abilities to enable, attract, grow, and retain talent.</li></ul>Many talented workers are packing their bags and flocking to <a target="_blank" href="https://www.businessinsider.com/switzerland-best-country-business-friendly-tax-us-most-powerful-2022-9">Switzerland</a> and Singapore.<a target="_blank" href="https://www.businessinsider.com/top-ten-countries-for-a-comfortable-retirement-2023-9">Switzerland</a> is once again the world's most talent-competitive country, INSEAD's <a target="_blank" href="https://www.insead.edu/system/files/2023-11/gtci-2023-report.pdf">2023 Global Talent Competitiveness Index</a> found. The index analyzed six pillars for 134 countries such as each country's ability to enable, attract, grow, and retain talent, as well as the quality of vocational and technical skills and global knowledge skills.The list has remained rather steady at the top over the last decade of the index, dominated by wealthier countries that more easily attract talent.It's likely that <a target="_blank" href="https://www.businessinsider.com/jobs-ai-chatgpt-career-change-reskilling-tech-training-workers-disruptions-2023-11">AI</a> could further separate robust labor markets from less advanced ones, the report noted. And amid global economic uncertainty impacting trade and investments, INSEAD predicts these so-called "talent wars" to continue.Switzerland has held the top spot on the list for 10 consecutive years. Switzerland is the global leader in enabling and retaining talent, the report found, and it ranked second in vocational and technical skills. It also ranked first in sustainability, as it has high levels of social protection and a high-quality natural environment.Switzerland also ranked as the best country in the world, according to a <a target="_blank" rel=" nofollow" href="https://www.usnews.com/news/best-countries/rankings">U.S. News &amp; World Report analysis</a> released in September.Singapore, which ranked second, topped the list for high-level skills and talent impact. It also was in the top three for its ability to attract and grow talent, and well as its vocational and technical skills, in part due to its top-ranked formal education. The report noted how Singapore has a strong ability to match workforce supply with labor market demand, and the nation also placed fourth for external openness for attracting overseas business and talent.The US placed third overall after ranking fourth last year. The US is the global leader for growth and vocational and technical skills, as well as placed first for lifelong learning and second for formal education. The US also came in sixth for mid-level skills and employability, though it was only 22nd for attracting talent.European countries made up 17 of the top 25 positions in the index, though the United States, Australia, and Canada all were in the top 15. Notably, Japan, Spain, and Italy were not in the top 25.China ranked 40th, up from 47th last year, though India was only 103rd in the index. Though India is projected to become the world's third-largest economy, a "slump in business sentiment" has prevented India from attracting strong talent.

10 countries where talented workers are moving

<keyword id="19895063" type="General" weightage="20" keywordseo="india" source="keywords">India</keyword>'s rank on the <keyword id="20020435" type="General" weightage="20" keywordseo="World-Economic-Forum" source="keywords">World Economic Forum</keyword>'s <keyword id="21747126" type="General" weightage="20" keywordseo="Travel-Tourism-Development-Index-2024" source="Orion">Travel &amp; Tourism Development Index 2024</keyword> has risen to 39th place, with global tourism activities returning to pre-pandemic levels, the annual report showed on Tuesday. While the US topped the list, India is ranked highest in South Asia and among the lower-middle-income economies, the <keyword id="102110" type="General" weightage="20" keywordseo="WEF" source="Orion">WEF</keyword> said. India was ranked 54th in the previously published index in 2021, though changes made to the index parameters limit its comparability to earlier years. After the US, Spain, Japan, France and Australia figure among the top five in the 2024 list. The index, prepared in collaboration with the University of Surrey, showed India is highly price-competitive (18th) and boasts competitive Air Transport (26th) and Ground and Port (25th) infrastructure. In particular, India's strong Natural (6th), Cultural (9th) and Non-Leisure (9th) Resources help drive travel, and the country is only one of three to score in the top 10 for all the resource pillars, the WEF said. Moreover, despite a decline compared to 2019, the country still scores well for <keyword id="2173225" type="General" weightage="20" keywordseo="travel-and-tourism" source="Orion">travel and tourism</keyword> demand sustainability, especially thanks to more sustainable long stays among inbound visitors. It further said that as with many economies, travel and tourism enabling conditions in India have been impacted by global inflationary supply-side trends for the sector, with price competitiveness declining, while air transport and tourist services infrastructure are yet to recover to the 2019 level. As a result, the country's overall TTDI (Travel and Tourism Development Index) score is 2.1 per cent below its 2019 level. High-income economies in Europe and Asia-Pacific continued to lead the index. "International tourist arrivals and the travel and tourism sector's contribution to global GDP are expected to return to pre-pandemic levels this year, driven by the lifting of COVID-19-related travel restrictions and strong pent-up demand," the WEF said. The Middle East had the highest recovery rates in international tourist arrivals (20 per cent above the 2019 level), while Europe, Africa and the Americas all showed a strong recovery of around 90 per cent in 2023. The biennial index analysed the travel and tourism sectors of 119 countries around a range of factors and policies. Germany was ranked 6th, followed by the UK, China, Italy and Switzerland in the top ten. The results highlighted that high-income economies generally continue to have more favourable conditions for travel and tourism development. This was helped by conducive business environments, dynamic labour markets, open travel policies, strong transport and tourism infrastructure, and well-developed natural, cultural and non-leisure attractions.

India rises to rank 39th on WEF's Travel & Tourism Development Index 2024, becomes highest ranked South Asian nation

<ul><li>India has moved 5 places up in the <keyword id="69007" type="COMPANY" weightage="20" keywordseo="World-Economic-Forum">World Economic Forum</keyword>’s Global Competitiveness Index (GCI) report. </li><li>Among the G-20 countries, India has made the most headway in moving up the list. </li><li>While Pakistan, Nepal and Bangladesh did worse on the GCI , China remained ahead of India ranking 28th. </li></ul>Despite the widening current account deficit and falling rupee, India has secured 58th position in the 2018 edition of annual <a href="http://www3.weforum.org/docs/GCR2018/05FullReport/TheGlobalCompetitivenessReport2018.pdf">Global Competitiveness Index</a> published by World Economic Forum (WEC). Not only is this an improvement over last year, but India has shown the most improvement among the G-20 countries by moving up five places in the 4th edition of the GCI 4.0. As per the report, the quality of research, business dynamism and innovation were the major drivers behind increase in India’s level of productivity. In fact, even the <keyword id="6354424" type="COMPANY" weightage="20" keywordseo="world-bank">World Bank</keyword>’s report on the Ease of Doing Business 2018 <a href="https://thediplomat.com/2017/11/the-ease-of-doing-business-in-india/">pointed out</a> how India was among the top five reformers jumping up from being 130th to 100th on their index. The country scored well in all the other parameters but fell short when it came to health, education and skills. Product Market, skills and labour market are some of the areas that have been highlighted as needing improvement. US dominated <a href="https://www.weforum.org/agenda/2018/10/most-competitive-economies-global-competitiveness-report-2018/">the list</a> by being the closest country to the competitiveness frontier. Other countries which were in the top 10 include Singapore, Germany, Switzerland, Japan, Netherlands, Hong Kong SAR, United Kingdom, Sweden and Denmark. At the other end of the spectrum were the least competitive countries of Haiti, Yemen and Chad. India’s closest rival, China, which is also a member of G-20 has secured the 28th position. In contrast, Pakistan (107), Sri Lanka (85), Nepal (109) and Bangladesh (103) are still behind India. Looking at the BRICS nations specifically, China leads the economies with a score of 72.6 at its rank of 28 while the Russian Federation ranked 43 and Brazil stood at 72. It’s been forty years that the WEC has been publishing the GCI index, an annual publication. The aim of the GCI is to determine the level of productivity in an economy. This new edition of the GCI was measured using 98 indicators and 12 pillars.

India shows the most improvement in competitiveness among the G-20 countries: Report

India has been ranked 133th in a new Global Youth Development Index that was put together by the <keyword id="81874" type="ORGANIZATION" weightage="20" keywordseo="Commonwealth-Secretariat">Commonwealth Secretariat</keyword> on the Nation’s condition for youth when it comes down to employment, education, health, civic and political spheres. 
 India has ranked poorly, coming 133rd in the index that included 183 countries. India was placed below the neighboring countries like <keyword id="12266" type="COUNTRY" weightage="20" keywordseo="Nepal">Nepal</keyword> (77), Bhutan (69) and <keyword id="6355572" type="COUNTRY" weightage="20" keywordseo="Sri-Lanka">Sri Lanka</keyword> (31) and trailing behind the South Asian average. 
 
According to a report released last week that showed that India has seen an 11% improvement in score over the last five years and this highlighted the requirement for greater investment and hard-work to reap the the so-called demographic dividend. 
 
"While India's overall rank is relatively low, it has registered an impressive improvement of nearly 11 per cent in its youth development scores in the period between 2010 and 2015. The research for this report also shows that youth development levels in India lag particularly in the domains of health, education and employment. Improvements in these sectors will give India a much better chance of reaping a handsome demographic dividend," Abhik Sen, the lead author of the '2016 Global Youth Development Index' report told ET. 
 
The report highlighted the areas in which improvement is needed and they included education, employment opportunity and health and wellbeing. 
 The top 10 countries on the index are largely from <keyword id="3791301" type="UNKNOWN" weightage="20" keywordseo="europe-germany">Europe - Germany</keyword> (1), <keyword id="49968" type="COUNTRY" weightage="20" keywordseo="Denmark">Denmark</keyword> (2), <keyword id="103" type="COUNTRY" weightage="20" keywordseo="Switzerland">Switzerland</keyword> (4), <keyword id="6361754" type="COUNTRY" weightage="20" keywordseo="United-Kingdom">United Kingdom</keyword> (5), <keyword id="44173" type="COUNTRY" weightage="20" keywordseo="Netherlands">Netherlands</keyword> (6), <keyword id="21177" type="COUNTRY" weightage="20" keywordseo="Austria">Austria</keyword> (7), <keyword id="63763" type="COUNTRY" weightage="20" keywordseo="Luxembourg">Luxembourg</keyword> (8), <keyword id="6359079" type="COUNTRY" weightage="20" keywordseo="Portugal">Portugal</keyword> (9) - with <keyword id="6355478" type="COUNTRY" weightage="20" keywordseo="Australia">Australia</keyword> (3) and <keyword id="6355311" type="COUNTRY" weightage="20" keywordseo="Japan">Japan</keyword> (10) as the two exceptions. 
(image: Indiainsider)

India ranks poorly in Global Youth Development Index, at 133rd spot

<a href="http://www.businessinsider.in/searchresult.cms?query=Indian+economy">India</a> has improved a lot in competitiveness of the country’s institutions and macroeconomic environment and it is showing. Among <a href="http://www.businessinsider.in/searchresult.cms?query=emerging+economies">emerging economies</a>, India has ended five years of decline. 
 
India moved up 16 positions to rank 55th on a global index of the world's most <a href="http://www.businessinsider.in/searchresult.cms?query=competitive+economies">competitive economies</a>. The list was topped by Switzerland. 
 
This is an indication that India has improved slightly in infrastructure, the <a href="http://www.businessinsider.in/searchresult.cms?query=World+Economic+Forum+">World Economic Forum</a> (WEF) said in its latest Global Competitiveness Report. 
 
The top five countries that featured in the report were Switzerland, Singapore, the US, Germany and the Netherlands. 
Nations like Japan, Hong Kong, Finland, Sweden and the UK were in top ten. 
 
According to WEF, the most problematic <a href="http://www.businessinsider.in/searchresult.cms?query=ease+of+doing+business">factors for doing business in India</a> include corruption, policy instability, inflation and access to finance. 
 However, India ranked better in areas like investor protection, gross national savings, quality of education system, <keyword id="6357097" type="COMPANY" weightage="20" keywordseo="venture-capital">venture capital</keyword> availability, hiring and firing practices, <a href="http://www.businessinsider.in/searchresult.cms?query=GDP">GDP</a> and domestic market size, public trust in politicians and burden of government regulation. 
Meanwhile, <a href="http://www.businessinsider.in/searchresult.cms?query=china">China</a> was at 28th spot. 
 
In terms of competitiveness of its institutions, India is ranked 60th (out of total 140 countries and up 10 positions from last year), while for infrastructure it has gained six places to 81st. 
 
For macroeconomic environment, India is ranked 91st, helped by a reduction in commodity prices and improvement in the government's budget deficit. 
 
Geneva-based think-tank, WEF, said its survey of top executives also finds corruption followed by political instability and inflation, as the most problematic factor to doing business in the country. 
 
The study, released today, assesses 140 countries on the basis of factors driving their productivity and prosperity. 
 
(Image: Thinkstock)

India
is unapologetically baring its fangs, moves up 16 places to the 55th spot on
global competitiveness index

<ul><li><keyword id="3658" type="COUNTRY" weightage="20" keywordseo="India">India</keyword> came in at 103 out of 119 countries on the <keyword id="447399" type="PERSON" weightage="20" keywordseo="Global-hunger-index">Global Hunger Index</keyword> 2018. </li><li>The increasing problem of undernourishment makes India fall in a list with 45 countries having ‘serious level of hunger’. </li><li>India is behind many neighbouring countries like China, Bangladesh, Nepal and Sri Lanka. </li></ul>The sustainable development agenda of removing poverty and hunger might seem like a dream to India despite being the world’s fastest developing economy. The recent<a href="http://www.globalhungerindex.org/results/"> Global Hunger Index 2018</a> (GHI) reveals that tackling hunger and undernutrition is a difficult task for the Modi Government. <a href="http://www.globalhungerindex.org/india.html">India stood 103rd</a> on the Global Hunger Index along with Nigeria and has been categorised as a country with ‘serious’ levels of hunger. The 13th edition of <a href="https://www.concern.net/sites/default/files/resource/2018/10/global_hunger_index_2018.pdf">Global Hunger Index 2018</a> released by <keyword id="5219554" type="ORGANIZATION" weightage="20" keywordseo="Welthungerhilfe">Welthungerhilfe</keyword> and Concern Worldwide stated that although there has been a significant decline in the proportion of the undernourished population from 18.2% in 2000 to 14.8% in 2018, India still has GHI of 31.1 making the country fall in the ‘serious’ category. The best-performing countries have a GHI score as low as 5 (Belarus, Bosnia and Herzegovina, Chile, Costa Rica, Croatia etc). The report uses four parameters to calculate the index - mainly proportion of undernourished in the population, prevalence of wasting in children under five years, the prevalence of stunting in children under five years and the mortality rate under five years of age. Out of the four parameters, three are dedicated to children below the age of five years. And in all this, India performed poorly with a GHI score of 30.5. Currently, the scores for three out of the four parameters have shown a declining trend. In contrast, a rising trend can be witnessed in the prevalence of wasting in children under five years. The proportion of undernourished in population was dropped to 14.8% from 18.2% in 2000 whereas the prevalence of wasting in children under five years was recorded at 21% (2.9% more since 2000). The prevalence of stunting in children under five years and under-five year mortality were 38.4% and 4.3% respectively. And when compared to the neighbours? Despite a 0.3 point improvement from 2017, many neighbouring countries like China (25th), Sri Lanka (67th), Myanmar (68th), Nepal (72nd) and Bangladesh (86th) stood ahead of India. Although, the country has done far better than Pakistan which stood at 106th position, coming in at 103 does not look good. While it can be supposed that India’s rank fell because the other countries fared better, the GHI report stated that it is not possible to derive at an accurate conclusion as there are many factors which determine GHI scores. Critic speak Opposition leader, <keyword id="5268" type="PERSON" weightage="20" keywordseo="Rahul-Gandhi">Rahul Gandhi</keyword> tweeted a Hindi newspaper report mentioning the negligence of Modi-Government on hunger and poverty in India. 
 
 
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 Apart from Rahul Gandhi, several other Congress members including Keshav Chand Yadav, Biswaranjan Mohanty criticised the government on its failed attempt to eradicate hunger. The opposition pointed out that India’s GHI rank has dropped from 55 in 2014 to 103 in 2018. The people suffering from chronic hunger accounts for 124 million out of the total world population. Moreover, there are 151 million stunted and 51 million children wasting away across the globe. India’s huge economic divide with the likes of billionaires like Mukesh Ambani earning ₹3 billion per day while <a href="http://www.globalhungerindex.org/case-studies/2016-india.html">21% of its population lives below the poverty line</a> implies that only 1% of India;s population holds 50% of the nation’s wealth. According to <a href="http://www.worldbank.org/en/news/infographic/2016/05/27/india-s-poverty-profile">a World Bank report published </a>on 27 May 2016, One in every five people is poor in India and hence cannot access basic necessities like food and water.

India suffers serious level of hunger, ranks 103 on global hunger index 2018

Despite climbing 35 notches in the Global Innovation Index, from 81 in 2015-16 to 46 in 2021, India lags in the number of patents granted which is still a fraction compared to leading world economies, the <keyword id="6354872" type="General" weightage="20" keywordseo="economic-survey" source="Orion">Economic Survey</keyword> 2021-22 said. Most of India's startups are in the IT/knowledge-based sector and intellectual property, specifically patents, are key to this knowledge-based economy. India's ranking in Global Innovation Index has climbed 35 ranks which is a "remarkable progress, but the number of patents granted in India is still a fraction compared to patents granted in China, the US, Japan and Korea", according to the Survey, tabled in the Parliament on Monday. The number of patents filed in India has gone up from 39,400 in 2010-11 to 45,444 in 2016-17 to 58,502 in 2020-21 and the patents granted in India has gone up from 7,509 to 9,847 to 28,391 during the same time period. However, according to the World Intellectual Property Organisation (WIPO), the number of patents granted in China, the US, Japan and Korea stood at 5.30 lakh, 3.52 lakh, 1.79 lakh and 1.35 lakh, respectively, for 2020, the Economic Survey said. One of the key reasons for relatively low patents in India vis a vis the US, China, etc is the low expenditure on research and development (R&amp;D) activities, which was 0.7 per cent of its GDP in 2020, lamented the Survey Document. "However, this is not the only reason. The procedural delays and complexity is another cause for low patents in India. The average pendency for final decision in acquiring patents in India is 42 months as of 2020," the Survey noted. This is much higher than 20.8, 20, 15.8 and 15 months respectively for the US, China, Korea, and Japan. However, the average pendency for final decision in acquiring patents has reduced in India from 64 months in 2017 to 52 months in 2019 and further to 42 months in 2020. Secondly, delay in India's patent application is also due to the low number of patent examiners in India, said the Survey. The number of patent examiners in India in 2020 were 615 as opposed to 13,704 in China, 8,132 in the US, and 1,666 in Japan. "This leads to a huge delay in receiving the First Examination Report (FER) delaying the whole process. This was also noted by the Parliamentary Standing Committee on Commerce's Review of Intellectual Property Rights Regime in India (2021)," said the Survey, adding that there is an urgent need to increase the number of patent examiners. SEE ALSO <a class="tout-title-link" href="https://www.businessinsider.in/stock-market/news/ags-transact-technologies-ipo-makes-a-weak-listing-on-exchanges/articleshow/89236121.cms">AGS Transact Technologies makes a weak listing with ₹1 profit for IPO investors</a> <a href="https://www.businessinsider.in/budget/news/rupee-is-likely-to-weaken-against-the-us-dollar-in-2022-as-per-experts/articleshow/89218673.cms">Experts say the rupee is likely to weaken against the US dollar this year</a> <a href="https://www.businessinsider.in/tech/news/prime-minister-narendra-modi-mann-ki-baat-january-2022-does-not-mention-if-india-bought-pegasus-spyware/articleshow/89218666.cms">Simply put, the charge on the Modi government is that it lied to the Parliament about buying Pegasus spyware and it must respond</a>

India climbs 35 ranks in Global Innovation Index but lags in patents: Economic Survey

New Delhi, Jan 7 () The Commerce and Industry Ministry is likely to release the next index to rank states and union territories (UTs) in terms of ease of doing business in March, a senior official said.
 "It will be released in end of February or March. Due to elections, the release got delayed," the official said.
 The exercise is aimed at triggering competition among states to improve business climate in order to attract domestic and global investors.
 State governments are taking several steps such as setting up single window system for approvals to improve ease of doing business.
 The parameters include areas such as construction permit, labour regulation, environmental registration, access to information, land availability and single window system.
 The Department for Promotion of Industry and Internal Trade (DPIIT) in collaboration with the World Bank conducts an annual reform exercise for all states/UTs under the Business Reform Action Plan (BRAP).
 In the last ranking released in July 2018, Andhra Pradesh topped the chart. Telangana and Haryana were at the second and third positions, respectively.
 Others in the top ten were Jharkhand (4), Gujarat (5), Chhattisgarh (6), Madhya Pradesh (7), Karnataka (8), Rajasthan (9) and West Bengal (10).
 The ranking is based on a combined score consisting of reform evidence score that is based on evidence uploaded by states/UTs and feedback score that is based on response garnered from actual users of services provided to businesses.
 The report to be released this year will rank states for 2018.
 In the World Bank's latest 'Doing Business' report, India's position improved to 63rd from 77th out of 190 economies.
 The Commerce and Industry Ministry has prepared a blueprint to further improve India's ranking in the World Bank's ease of doing business index with a focus on six parameters, including enforcing contracts and starting a business.
 The government is targeting to take India among top 50 in the index in coming years. RR
RVK

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India falls 10 places in Global Competitive Index as others race ahead in technology

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India shows the most improvement in competitiveness among the G-20 countries: Report

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India is unapologetically baring its fangs, moves up 16 places to the 55th spot on global competitiveness index

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India suffers serious level of hunger, ranks 103 on global hunger index 2018

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Next ranking of states for ease of doing business likely to be released in Mar

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