ForumIAS announcing GS Foundation Program for UPSC CSE 2025-26 from 19 April. Click Here for more information.
ForumIAS Answer Writing Focus Group (AWFG) for Mains 2024 commencing from 24th June 2024. The Entrance Test for the program will be held on 28th April 2024 at 9 AM. To know more about the program visit: https://forumias.com/blog/awfg2024
News: World Competitiveness Index 2020 has been released by the Institute for Management Development(IMD).
Facts:
- World Competitiveness Index is an annual report published since 1989.
- Parameters: It ranks 63 countries using 235 indicators grouped under four factors: economic performance, government efficiency, business efficiency and infrastructure.
Key Takeaways:
- Top Rankers: Singapore has topped the index followed by Denmark and Switzerland.
- India: It has been ranked at 43rd in the index.In 2019 also, it was ranked at 43rd.
- BRICS Countries: India is ranked second after China(20th) followed by Russia (50th), Brazil (56th) and South Africa (59th).
