India has been placed at 55th position on 2015 Global
Competitiveness Index of the world’s most competitive economies. It was
published in Global Competitiveness Report of World Economic Forum (WEF) which
has assessed total 140 countries. Key facts Switzerland has retained its top
position as the world’s most competitive economy for seventh year in a row.
Top 10 countries are:
Switzerland, Singapore, United States, Germany, Netherlands,
Japan, Hong Kong, Finland, Sweden and United Kingdom. Ranking among emerging
economies: China (28th), South Africa (49th) and India (55th). India moved up
16 positions in this edition of index as compared to 71th position in 2014.
India ranks in areas such as investor protection, quality of education system,
gross national savings, venture capital availability, GDP and domestic market
size, hiring and firing practices, burden of government regulation and public
trust in politicians.
EmoticonEmoticon