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Title: India ranks 62nd on inclusive development index
Source:The Hindu Business Line
Date:27 January 2018

Despite an improved performance, India continues to be ranked below neighbours Pakistan, Sri Lanka and Nepal in the Inclusive Development Index released by the World Economic Forum. India has been ranked 62 out of 74 emerging economies on a metric focussed on the living standards of people and future-proofing of economies by the WEF. Pakistan has been ranked 47, Sri Lanka is at 40, and Nepal at 22; Uganda (59) and Mali (60) are also higher on the index than India. This Inclusive Development Index has been developed as a new metric of national economic performance as an alternative to GDP. The WEF study said, “Designed as an alternative to GDP, the Inclusive Development Index (IDI) reflects more closely the criteria by which people evaluate their countries’ economic progress.” India, the WEF said, reflects an ‘improving trend’. There has been a 2.29 per cent improvement in the overall five-year trend of the IDI for India.

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