R
Rudhran
Guest
[h=1]With majority of States in India now ruled by BJP, is India growing…?[/h][h=1][/h][h=1]Some may say 'yes' and there are few to deny….[/h][h=1][/h][h=1]Now, what does the facts and figures say…..?[/h][h=1][/h][h=1]Is India Growing?[/h]As much as 2016 was a year of reforms, it was also a year where the reformist claims were disputed. Predominantly, it was asked whether there were any real reforms, or whether it was just the Prime Minister’s speeches that talked about them. Further, it was increasingly seen that the people who supported the Prime Minister and his party were maintaining the narrative that reforms were abound, while the other faction was saying the opposite.
The 2017 Economic Survey and the annual Budget forecast a 6.75 to 7.5 per cent GDP growth rate for the forthcoming fiscal year. India’s growth rate appears to be high. Then why is it that India falls short on a number of development parameters? To assess the situation, we try to look at areas where India has grown in the past year and those where it might require a reallocation of resources. We compare India to its neighbours in 2016 and to itself by looking the Corruption Perceptions Index, the Human Development Index, and the Inclusivity Index.
Corruption
The incumbent Prime Minister has taken the narrative against corruption at different levels. While there are anecdotes and reports that suggest that corruption is being dealt with an iron hand, there are others that suggest otherwise. However, the Corruption Perceptions Index seems to favour the former.
India ranks 79 out of 176 countries on the 2016 Corruption Index published by Transparency International. In the sub-continent, we’re doing pretty well. Sri Lanka is ranked 95, Pakistan is at 116, Nepal at 131, Myanmar at 136 and Bangladesh at 145. China comes closest to India with the same rank of 79, while Bhutan is way above us at a rank of 27. So, from the looks of it, India seems to be the least corrupt of all the neighbouring countries barring Bhutan.
[h=2]Read more at: https://swarajyamag.com/ideas/is-india-growing[/h]
The 2017 Economic Survey and the annual Budget forecast a 6.75 to 7.5 per cent GDP growth rate for the forthcoming fiscal year. India’s growth rate appears to be high. Then why is it that India falls short on a number of development parameters? To assess the situation, we try to look at areas where India has grown in the past year and those where it might require a reallocation of resources. We compare India to its neighbours in 2016 and to itself by looking the Corruption Perceptions Index, the Human Development Index, and the Inclusivity Index.
Corruption
The incumbent Prime Minister has taken the narrative against corruption at different levels. While there are anecdotes and reports that suggest that corruption is being dealt with an iron hand, there are others that suggest otherwise. However, the Corruption Perceptions Index seems to favour the former.
India ranks 79 out of 176 countries on the 2016 Corruption Index published by Transparency International. In the sub-continent, we’re doing pretty well. Sri Lanka is ranked 95, Pakistan is at 116, Nepal at 131, Myanmar at 136 and Bangladesh at 145. China comes closest to India with the same rank of 79, while Bhutan is way above us at a rank of 27. So, from the looks of it, India seems to be the least corrupt of all the neighbouring countries barring Bhutan.
[h=2]Read more at: https://swarajyamag.com/ideas/is-india-growing[/h]
