India 60th in inclusive development index; ranks below China, Pakistan

1. India has fared worse than its neighbours: Nepal, Bangladesh, Pakistan and China, in an inclusive development index.
2. World Economic Forum’s Inclusive Growth and Development Report 2017 said that India, with a score of only 3.38, ranks 60th among the 79 developing economies on the IDI (inclusive development index), despite the fact that its growth in GDP per capita is among the top 10 and labour productivity growth has been strong.
3. China is placed 15th; Nepal is 27th, Bangladesh 36th while Pakistan is at 52nd place on the index.
4. The report said that poverty has also been falling, albeit from a high level. On the other hand, its debt-to-GDP ratio is high, raising some questions about the sustainability of government spending.

(SOURCE: Governance Now)

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