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बेसिक इंग्लिश का दूसरा सत्र (कक्षा प्रारंभ : 22 अक्तूबर, शाम 3:30 से 5:30)
India Low on Inclusive Growth & Development
Sep 11, 2015

A new study by the World Economic Forum (WEF) has ranked India very low globally on most of the parameters for inclusive growth and development. However it fares much better internationally when it comes to business and political ethics. 

Salient Features

  • The new study was conducted over the past two years, seeks to identify the various ways policymakers can drive economic growth and equity.

  • India has mostly been ranked in the bottom half of the 38 countries that make up lower middle income bracket. 

  • India does demonstrate leadership in some areas like corruption and rents where it comes 8th.

  • For business and political ethics, India ranks 12th, while it ranks 11th on the financial intermediation of real economy investment pillar, which suggests that money invested in the economy generally gets directed towards productive uses. 

  • India has mostly been ranked in the bottom half of the 38 countries that make up lower middle income bracket. 

  • India particularly disappointing position in terms of Fiscal Transfers, where it ranks 37th out of 38. 

  • It also ranks very low at 32nd for Tax Code and 36th for social protection.

In a first of its kind global rankings, across different groups of countries in terms of their per capita income levels, the World Economic Forum (WEF) found that most countries are in fact missing major opportunities to reduce income inequality and same is the case with India. 

This first Inclusive Growth and Development Report present a new framework for assessing countries’ efforts to foster economic growth that raises the living standards of entire societies.


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