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India jumps five spots in the WEF com...

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Tombrady
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Posted on Thursday, October 18, 2018 - 11:50 am:       

https://www.scmp.com/news/china/diplomacy/article/2169189/sr i-lanka-chooses-india-over-china-us300-million-housing-deal- u


this is a win for indian govt.
 

Heineken
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Posted on Thursday, October 18, 2018 - 09:42 am:       

Jai ChaBaNa

aanadu Babu chepabattee ee sithi

Job ravali ante Bob ravali
Dharmic Happiness | Poetic Justice | Kaushal ki Fauj
 

Tombrady
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Posted on Thursday, October 18, 2018 - 09:37 am:       

but rupee but rupee
 

Teluguhero
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Posted on Thursday, October 18, 2018 - 09:20 am:       

https://www.timesnownews.com/business-economy/economy/articl e/india-jumps-five-spots-in-the-wef-competitiveness-index/30 0527

New Delhi: The World Economic Forum released the Global Competitiveness Report 2018. According to the report, India has jumped five spots to become the 58th most competitive economy on the Global Competitiveness Index 2018 (GCI 4.0). India witnessed the largest gain among the G20 nations. The index covers 140 nations and it measures national competitiveness. The United States ranked number one again with a score of 85.6.

India ranked highest among South Asian countries with a score of 62.0. Sri Lanka was ranked 86, Bangladesh 103, Pakistan 107 and Nepal 109. Top 5 countries on the Index include US, Singapore, Germany, Switzerland and Japan. It may be noted that this index captures determinants of long-term growth. The report stated that the global economy is projected to grow nearly 4% in 2018 and 2019.

As for the BRICS nations, Chinna topped the list at 28th position with a score of 72.6 followed by Russian Federation, India, South Africa and Brazil respectively. The report states that India leads the South Asian region in all areas of competitiveness except for education, health and skills. The report also mentions that India’s greatest competitive advantages include its market size, innovation and business dynamism. The areas which need further improvement are labour market, product market and skills.

The GCI 4.0 assesses competitiveness through the factors that determine an economy’s level of productivity. The GCI framework is built around 12 main drivers of productivity such as Institutions, Infrastructure; Technological readiness; Macroeconomic context; Health; Education and skills; Product market; Labour market; Financial system; Market size; Business dynamism; and Innovation.

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