India climbs 25 places to 57th in global rankings on back of structural, pro-competitive reforms
New Delhi, July 30 -- India's position in structural and global rankings has improved from 82nd to 57th as per a statement by the Ministry of Commerce & Industry.
The Ministry noted in the release, India has improved its position by 25 places in global rankings, moving from 82nd in 2010 to 57th in 2023, supported by structural and pro-competitive reforms, citing a report by the Competere Foundation -- India's Next Growth Frontier: Reducing Anti-Competitive Market Distortions to Build on India's 2010-2023 Reform Progress.
As per the release, this report assesses the country's reform trajectory using the Market Distortions Performance Index and attributes the improvement to sustained efforts to reduce market distortions and strengthen com...
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