If one is to go by annual study report of the World Economic Forum, India has made a drastic improvement in its global ranking in terms of public trust in politicians, diversion of public funds, `irregular payments and bribery' at government offices as well as favouritism shown by the government officials to influential corporates.
In terms of favouritism shown by the government officials to influential corporates, India has made a giant leap from 94th position last year to 49th position this year, while it terms of public trust in politicians, the WEF report has placed India on 50th position from 115th last year. Similarly on matters related to 'diversion of public funds', India's ranking has moved up to 60th place, from 98th last year.
Appreciable improvement in India's global rankings on the above-mentioned parameters is an indication of country's `achhe din' (good days) as being claimed by the present ruling government, in the time to come.
However, on the flip side of it, according to report, there are many areas of concern for the country as well and the new government will really have to make a Himalayan efforts to improve India's global ranking on overall global competitiveness front where India's rank has slipped 11 place to 71st position amid challenging economic conditions.
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