India earned 79 points this month for a total of 177 points and a jump from 167th to 143rd.
Today's ranking is the best in more than two years, after the 142nd at the end of 2010.
India had beaten Chinese Taipei (2-1) and Guam (4-0) before losing to Myanmar 0-1 in the 2014 AFC Challenge Cup Qualifiers in Yangon earlier this month.
The country is now ranked 22nd among Asian countries and highest-ranked in South Asia. It is ranked higher than the likes of Indonesia, Singapore, Malaysia, Hong Kong, Tajikistan, Myanmar, Philippines and Palestine.