The problem with investment scores

The various reports on investment climate of states do not match the ground reality

Gauging India’s investment climate through various rankings has become a common practice lately. While the World Bank’s Ease of Doing Business (EoDB) shows a rise in India’s rank from 77 to 63 in 2019, the World Economic Forum’s Global Competitiveness Index (GCI) reported a fall in the country’s position from 58 to 68 the same year. In keeping with global trends, various rankings of the states of India have been executed as well, like the  Department for Promotion of Industry and Internal Trade’s  (DPIIT’s)  EoDB and the National Council of Applied Economic Research’s (NCAER’s) State Investment Potential Index (N-SIPI) which