2023 Global Competitiveness Index

Santhosh Kumar 29/06/2023

2023 Global Competitiveness Index
Context
India ranked 40th
World competitiveness ranking
By International Institute for Management Development (IMD)
Source: Moneycontrol
Report highlights
Progress in government efficiency
Weaknesses in
Business efficiency
Infrastructure
Economic performance
Top three spots
Denmark, Ireland, Switzerland
Measures helping India
Exchange rate stability
Compensation levels
Improvements in pollution control
Challenges for India
Sustaining high GDP growth
Managing financial market volatility
Controlling inflation and fiscal deficit
Accelerating digital transformation
Mobilizing resources for infrastructure
Note
Global Competitiveness Index different from
The Global Competitiveness Report
Published by World Economic Forum
International Institute for Management Development (IIMD)
Independent university institute
Campuses in Lausanne, Switzerland and Singapore

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