India’s rank slips to 86th in corruption perception index 2020 - Pragnya IAS Academy - News Analysis.

India’s rank slips to 86th in corruption perception index 2020.

The index, which ranks 180 countries and territories by their perceived levels of public sector corruption according to experts and business people, uses a scale of 0 to 100, where 0 is highly corrupt and 100 is very clean.

India’s rank has slipped six places to 86th among 180 countries in a corruption perception index (CPI) in 2020. For 2020, Transparency International (TI)’s corruption perception index was released on Thursday.

The index, which ranks 180 countries and territories by their perceived levels of public sector corruption according to experts and business people, uses a scale of 0 to 100, where 0 is highly corrupt and 100 is very clean.

India’s rank is 86 out of 180 nations with a score of 40. “India was ranked at 80th position out of 180 countries in 2019. The CPI score for India is constant this year as well as the previous year’s score,” the index said.

India is still very low on corruption Index, the report said, noting that experts feel the CPI does not reflect the actual corruption level in any country. The integrity score determines the corruption situation of a country.

This year, New Zealand and Denmark were ranked at first position with scores of 88. Somalia and South Sudan were ranked lowest at 179th position with scores of 12. (Source: The Indian Express)

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India’s rank slips to 86th in corruption perception index 2020.

India slips to 7th position in global GDP ranking - Pragnya IAS Academy - News Analysis.

India slips to 7th position in global GDP ranking.

• India is the seventh-largest economy (GDP of $2.72 trillion) with the UK ($2.82 trillion) and France ($2.77 trillion) ahead in the pecking order
• The top economies in the list include the US ($20.5 trillion), followed by China ($13.6 trillion), Japan ($4.9 trillion) and Germany ($3.9 trillion)
India has slipped one notch in the World Bank’s Gross Domestic Product (GDP) rankings in 2018, and is now the seventh-largest economy with the United Kingdom and France ahead of India, data from the international lending institution said.

In 2018, India’s GDP was $2.72 trillion, while that of the United Kingdom was $2.82 trillion and France was $2.77 trillion. The world’s top four economies in the World Bank list in 2018 were the United States, with a GDP of $20.5 trillion, followed by China ($13.6 trillion), Japan ($4.9 trillion) and Germany ($3.9 trillion).
The data comes at a time when India has set the target of becoming a $5 trillion economy in GDP terms by 2024, and a $3 trillion economy in the current financial year.
In 2017, India had overtaken France as the sixth largest economy. According to news reports, India had also overtaken the United Kingdom for a short while.
In 2017, India’s GDP was $2.65 trillion, the UK’s was $2.64 trillion and France was at $2.59 trillion. But the UK and France seem to have overtaken India again in 2018.
Earlier this year, India lost the fastest growing economy tag, falling behind China. The country grew at its slowest pace in five years at 5.8% during January-March quarter in financial year 2018-19. Growth during 2018-19 declined to 6.8% from 7.2% a year ago.
Currency fluctuations and a slowdown in GDP growth were the key reasons behind the fall in global GDP rankings, said D.K. Srivastava, chief policy adviser at E&Y.
“The main reason is that the (GDP) growth slowed down last year and there are clear signs of continuity in the slowdown. India’s exports have also fallen and remained negative. Domestic demand is subdued. A significant fiscal stimulus is needed right now to revive growth."(Source: Livemint)


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India slips to 7th position in global GDP ranking.