The latest edition of the Global Competitiveness Report, which was first launched in 1979, ranks India at 68th position among 141 countries – that’s 10 ranks below its 2018 position in the same index. This is the fourth version of the global competitiveness index – hence referred to as GCI 4.0 – and it was introduced in 2018. AdvertisingThe GCI 4.0 tracks data and/or responses on 12 factors divided into 4 broad categories. Overall, there are a total of 103 individual factors that GCI 4.0 maps to arrive at the final result. For example, the average GCI score across the 141 economies that were studied this year was 60.7.

Source: Indian Express October 10, 2019 13:07 UTC