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Official corruption: India betters its rank
Official Corruption: India Betters its Rank. When it comes to favouritism shown by government officials to influential corporates, India\'s ranking has improved sharply to 49th place on a global list, but remains below that of China and many major economies.
India's ranking has improved from 94 to 49 in terms of public trust in officials and politicians, as also with regard to diversion of public funds and for the 'irregular payments and bribery' at government institutions, says World Economic Forum
New Delhi: When it comes to favouritism shown by government officials to influential corporates, India's ranking has improved sharply to 49th place on a global list, but remains below that of China and many major economies.
India's ranking has also improved significantly in terms of public trust in politicians, as also with regard to diversion of public funds and for the 'irregular payments and bribery' at government institutions, as per an annual study by the World Economic Forum (WEF).
India was ranked 94th last year, while China's position has improved by seven places to 22nd in the latest ranking of countries for 'favouritism shown by government officials'. Qatar has replaced Singapore as the top ranked country with least probability of such favouritism while Venezuela continues to remain the worst place on this front. In the BRICS block of five major emerging economies, India's ranking is better than that of Russia (87th), South Africa (104th) and Brazil (108th) in this list.
Qatar is followed by New Zealand, Singapore, Finland, UAE, the Netherlands, Japan, Norway, Sweden and Switzerland in top 10. Among other major economies, the UK is ranked 17th and the US is at 47th place -- only two positions higher than India.
According to the WEF methodology, the countries have been ranked on a scale of 1-7, where one means 'always show favouritism' and a score of 7 means 'never show favouritism'.
The report further shows that India is now ranked 50th in terms of public trust in politicians, up from 115th last year. Singapore is ranked the best on this front, followed by Qatar, UAE, Norway and Finland in the top-five.