Competitiveness Rating in India compared to Asia
India: Economic growth competiveness index
The Growth Competitiveness Index (GCI), aims to quantify the quality of the macroeconomic environment, the state of a countrys public institutions, and its level of technological readiness.
Higher competitiveness scores are more desirable:
- Very High 5.51 to 7
- High 4.51 to 5.50
- Moderate 3.51 to 4.50
- Low - 3.01 to 3.50
- Very Low 0 to 3.00
Source: World Economic Forum
India launched Residex (India's house price index) in July 2007, through the National Housing Bank (NHB). Since Residex is relatively new, its methodology is being revised every so often. The eventual aim is to cover residential housing for 63 cities, before extending coverage to commercial property and land. At date of writing (early 2014) Residex covered 26 cities, with 2007 as base year. Residex is publicly available and can be accessed at the National Housing Bank's site. General economics statistics are from the Reserve Bank of India.