 "Check corruption, tax evasion to improve on competitiveness: WEF official")
India needs to significantly bring down corruption and tax evasion to better perform in the Global Competitiveness Index, Saritha Nayar, Chief Operating Officer of the World Economic Forum (WEF) has said.
To that effect, policy measures such as demonetisation and GST represent much-needed reforms, she told Business Standard on Tuesday.
Nayar is in India to attend the 33rd edition of WEF's flagship economic event in the country- the India Economic Summit being organised in association with the Confederation of Indian Industry (CII).
India's rank is down by a single position in the latest world competitiveness index compiled by WEF. Released
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