IN­DIA’S PLACE IN THE WORLD

India Today - - UPFRONT -

Much has been made of In­dia leapfrog­ging some 30 places up the World Bank’s ‘ease of do­ing busi­ness’ ta­ble into the top 100. The World Bank’s chief ex­ec­u­tive, Kristalina Ge­orgieva, has de­scribed In­dia’s “ac­cel­er­ated pace of im­prove­ment” as “re­mark­able” and pre­dicted that In­dia would be a “high-mid­dle in­come coun­try” by the time of its 100th birth­day in 2047. An in­dex such as the World Bank’s works as a pointer to in­vestors about the busi­ness cli­mate in a given coun­try. But there are sev­eral in­dices that mea­sure ev­ery­thing from pub­lic hap­pi­ness to press free­dom to hunger and cor­rup­tion. And In­dia’s progress, while ev­i­dent, is a mixed bag.

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