There’s a predictable familiarity about India’s performance in - TopicsExpress



          

There’s a predictable familiarity about India’s performance in this year’s Global Competitiveness Report from the World Economic Forum: India has once again slid down three notches to 59th place among 144 countries. When you drill down into the data, it’s very clear that it is misgovernance that is holding India back from realising its potential and blunting its competitive edge. On the areas that are considered “basic factors” that influence competitiveness—that is, infrastructure in respect of transport, communication, and energy—India scores particularly badly, ranked 84th among 144 countries. “Indeed, the Indian business community repeatedly cites infrastructure as the single biggest hindrance to doing business, well ahead of corruption and bureaucracy,” the report notes. On other parameters such as health and basic education, India fares even worse, coming in at an unpardonable 101st place. To be fair, some of these are issues on which it is difficult to see anything other than inter-generational change; and there has been a slow improvement in recent years. Yet, the failure to provide even basic services for much of the population—indicatively, only 34 percent of the population had access to sanitation —points to a serious failure of governance. The absence of social safety nets renders much of the population and the country vulnerable to economic shocks. “In addition”, the report adds, “although no official data are reported for youth unemployment, numerous studies indicate that the percentage is very high. In terms of its environmentally sustainable competitiveness, India also has some areas of concern such as its high agricultural water intensity and significant air pollution.” More proximate failures of governance have also contributed to India’s slide down the competitiveness index. Public trust in politicians has eroded considerably in the past three years, and India, which was once ranked 37th on this parameter, has slid to 106th place, even lower than Pakistan. Do you still want to vote for Congress and the Corrupt UPA? in that case you are not solving the problems... you are part of the problem!
Posted on: Sun, 08 Sep 2013 13:58:52 +0000

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