Inclusive Growth and Development Report - India ranks 37 for fiscal transfers
Q. WEF on 7th September 2015 released the Inclusive Growth and Development Report for the first time. What rank does India score on overall inclusive growth as per this report?- Published on 10 Sep 15a. Bottom half of low middle income countries
b. Middle half of low middle income countries
c. Top half of low middle income countries
d. Middle Half of high middle income countries
ANSWER: Bottom half of low middle income countries
Report on Inclusive Growth and Developed released by WEF aims to achieve inclusive growth across as well as within countries. It has ranked India 37th of 38 low middle income nations on fiscal transfers and 32nd rank for tax code. On social protection, India’s rank was 36 out of 38 nations. It occupied the last rank in the small business ownership category. Economic growth cannot take place without social inclusion, the report stresses.
