Global Competitiveness Index (GCI)
September 28 , 2017
2615 days
1196
- India was placed at 40th spot among 137 countries in World Economic Forum’s (WEF) Global Competitiveness Index (GCI) 2017-18.
- India has slipped by one position from 39th spot in 2016 GCI.
- GCI scores are calculated on the basis of 12 categories called ‘pillars of competitiveness" which covers both business and social indicators.
- It includes pillars such as
- Institutions
- Infrastructure
- Health and primary education
- Labour market efficiency
- Financial market development,
- Technological readiness
- Market size
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