Violence cost India $742 billion in 2016: Report

The Global Peace Index 2017 shows India's ranking has improved under the Modi government

The Global Peace Index 2017 released by Sydney-headquartered Institute for Economics and Peace has ranked India 137 and Mexico 142 out of 163 nations in a report released earlier this month. Since 2011 when the index was first published, Mexico has always but once, been ranked above India despite having some of the most violent towns in the world. The index throws up many interesting facets of the evolving security situation in India and its impact on economic growth.

While India’s ranking has improved over the years, the report estimates that in 2016 India lost almost $742 billion or 8.6%