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India ranks 96th on Economic Freedom Index; HK, Singapore retain top spot

In overall ranking, India was evenly placed among BRICS nations

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Indivjal Dhasmana New Delhi
India’s rank improved by a couple of notches, but it was still placed 96th among 162 countries in this year’s report on Economic Freedom in the World, released on Tuesday by the Centre for Civil Society (CCS) in conjunction with Canada’s Fraser Institute. Last year, India’s rank was 98.

India improved its score on parameters such as legal system and property rights, access to sound money, freedom to trade internationally and regulation of credit, labour and business. However, its score declined in size of the government. 

In overall ranking, India was evenly placed among BRICS nations. While Russia and South

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