INDIA’S PLACE IN THE WORLD
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.