India ranks 131st in procedures, 110th in time taken to start business among 137 countries: WEF report

India's ranking among "competing" nations

By Rajiv Shah
Even as pointing out that India has slipped by one rank in the world competitive ranking from 39th last year to 40th this year, after massive upward swing over two previous years, the high-pofile Geneva-based World Economic Forum (WEF) in its new report has found India's ranking extremely poor in providing business environment to investors.
Thus, the "Global Competitiveness Report 2017-18", ranks India 98th in intensity of local competition among 137 countries it analyses, 124th in total tax rate, 131st in number of procedures to start business, 110th in time taken to start business, 124th in trade tariffs, 118th in imports as percentage of gross domestic product (GDP), 104th in flexibility of wage determination, 129th in female participation in labour force, 111th in exports as percentage of GDP, and so on.
Taking into account India's poor social sector, suggesting, it comes in the way in creating robust competitive environment, the report ranks India 91st in health, even as revealing that the country ranks 109th in “business impact of tuberculosis”, and 113rd in “business impact of HIV/AIDS."

India's ranking over the years, in selected sectors

One of the world’s most high-profile elite clubs that seeks to “improve” the state of the world by “engaging” business, political, academic, and other leaders across the globe, WEF, however, does not give much significance to one point deceleration in India’s rating, which was 39th in 2016-17, saying it suggests India has “stabilized” after “its big leap forward of the previous two years”.
Even then, the report notices several “problem areas”, including corruption, access to financing, tax rates, inadequate supply of infrastructure, poor work ethic in national labour force, inadequately educated workforce, and so on. It underlines, “The private sector still considers corruption to be the most problematic factor for doing business in India.”
Among the several areas in which India has improved it's score, says the report, include infrastructure (66th, up two), higher education and training (75th, up six), and technological readiness (107th, up three)."

India's problematic areas on a scale of 12

Prepared by Prof Klaus Schwab, WEF editor, and Prof Xavier Sala-i-Martín of the Columbia University, who is chief advisor, the report states, while India, along with China and Indonesia, is “becoming a centre for innovation, "catching up with advanced economies”, there is still a need for “increasing the readiness of their people and firms to adopt new technology, which is necessary to widely spread innovation’s potential economic and societal benefits.”
WEF says, “Asian economies were less exposed to the global financial crisis, but they are facing new problems of their own”, underlining, “Amid a private-sector credit boom in India, the proportion of loans classed as non-performing went from 4 percent to 9 percent in two years.”
Among India's growing centres of innovations, the report says, "Three Indian locations appear in the top 100: Bengaluru at 43rd (with patent activity focused on computer technology), Mumbai at 95th, and Pune at 96th (both registering among the most patents in organic fine chemistry)." However, they are far behind Shenzen–Hong Kong, ranking 2nd place, and Beijing 7th, it adds.
The report further says that the level of technological readiness of individuals and firms in India, as in China and Indonesia, remains "relatively low", suggesting that the benefits of these innovative activities are "not widely shared" and "societal gains from innovation breakthroughs do not happen automatically: they need complementary efforts to ensure that more people and firms have the means to access and use new technologies."

Comments

How community leaders overcome obstacles to protect forests and pastures in remote villages

By Bharat Dogra Dheera Ram Kapaya grew up in such poverty that, unable to attend school himself, he would carry another boy’s heavy school bag for five kilometers just to get a scoop of daliya (porridge). When he was finally able to attend school, he had to leave after class five to join other adolescent workers. However, as soon as opportunities arose, he involved himself in community efforts—promoting forest protection, adult literacy, and other constructive initiatives. His hidden talent for writing emerged during this time, and he became known for the songs and street play scripts he created to promote forest conservation, discourage child marriages, and support other social reforms.

Workers' groups condemn Gujarat Ordinance increasing working hours, warn of statewide agitation

By A Representative At a consultation organised today by the Asangathit Shramik Hit Rakshak Manch at Circuit House in Ahmedabad, leaders of major trade unions and labour rights organisations strongly opposed the Gujarat government’s recent ordinance amending the Factories Act and the draft rules notified under the Occupational Health and Safety (OHS) Code, 2020. Around 50 representatives from central trade unions, independent unions, and labour welfare organisations participated in the meeting.

Deaths in Chhattisgarh are not just numbers – they mark a deeper democratic crisis

By Sunil Kumar For a while, I had withdrawn into a quieter life, seeking solace in nature. But the rising tide of state-sponsored violence and recurring conflict across India has compelled deeper reflection. The recent incidents of killings in central India—particularly in Chhattisgarh—are not isolated acts. They point to a larger and ongoing crisis that concerns the health of democracy and the treatment of marginalised communities.

'Bengali Muslim migrant workers face crackdown in Gurgaon': Academic raises alarm

By A Representative Political analyst and retired Delhi University professor Shamsul Islam has raised serious concerns over the ongoing targeting and detention of Muslim migrant workers from West Bengal in Gurgaon, Haryana. In a public statement, Islam described the situation as "brutal repression" and accused law enforcement agencies of detaining migrants arbitrarily under the pretext of verifying their citizenship.

Gender violence defies stringent laws: The need for robust social capital

By Dr. Manoj Kumar Mishra* The tragic death of Miss Soumyashree Bisi, a 20-year-old student from Fakir Mohan College, Balasore, who reportedly self-immolated due to harassment, shocked the conscience of Odisha. Even before the public could process this horrifying event, another harrowing case emerged—a 15-year-old girl from Balanga, Puri, was allegedly set ablaze by miscreants. These incidents are not isolated; they highlight a disturbing pattern of rising gender-based violence across the state and the country.

The GMO illusion: Three decades of hype, harm, and false hope

By Sridhar Radhakrishnan Three decades of hype, billions of dollars spent, and still no miracle crop. It's time to abandon the GMO biotech fairy tale and return to the soil, the seed, and the farmer. “Trust us,” they said. “GMOs will feed the world.” Picture a world where there is plenty of food, no hunger, fields grow without chemical pesticides, children are saved from malnutrition, and people live healthily.

The myth of population decline: India’s real challenge is density, not fertility

By N.S. Venkataraman* India’s population in 2025 stands at approximately 1.4 billion. In 1950, it was 359 million, rising sharply to 1.05 billion by 2000. The population continues to grow and is projected to reach around 1.7 billion by 2050.

How natural and organic farming can be a key to combating the climate crisis

By Raj Kumar Sinha* On July 9, while addressing the “Sahkar Samvad” in Ahmedabad with women and workers associated with cooperatives from Gujarat, Madhya Pradesh, and Rajasthan, Union Home Minister Amit Shah emphasized that natural farming is essential for both our health and the health of the soil. This is a significant statement in the context of addressing the climate change crisis. Natural farming can play a crucial role in combating climate change. Also known as organic farming, it is a system of agriculture that can increase food production without harming the environment. Natural farming has the potential to reduce carbon emissions by 35% to 50%.

Indigenous Karen activist calls for global solidarity amid continued struggles in Burma

By A Representative At the International Festival for People’s Rights and Struggles (IFPRS), Naw Paw Pree, an Indigenous Karen activist from the Karen Human Rights Group (KHRG), shared her experiences of oppression, resilience, and hope. Organized with the support of the International Indigenous Peoples Movement for Self-Determination and Liberation (IPMSDL), the event brought together Indigenous and marginalized communities from across the globe, offering a rare safe space for shared learning, solidarity, and expression.

Search This Blog