India ranks 91 in Networked Readiness Index 2016
Finland, Switzerland, Sweden, Israel, Singapore, the Netherlands and the US are leading the world when it comes to generating economic impact from investments in information and technology.
India was placed at 91st position in the Networked Readiness Index (NRI) 2016 that was released by the Geneva-based World Economic Forum (WEF) on 6 July 2016. The index was released as the part of the WEF’s Global Information Technology Report 2016.
It measures countries’ success in creating the necessary conditions for a transition to a digitised economy and society.
Highlights of the Networked Readiness Index 2016
• It finds seven countries are excelling when it comes to economically benefiting from investments in information and communications technologies
• Finland, Switzerland, Sweden, Israel, Singapore, the Netherlands and the US are leading the world when it comes to generating economic impact from investments in information and technology.
• Singapore leads the Index followed by Finland, Sweden, Norway and the United States.
• India (91st) was ranked the lowest among the BRICS countries- Russia (41st), China (59th), South Africa (65th) and Brazil (72nd).
• The upper echelons of the NRI continue to reflect a strong correlation between networked readiness and per capita income, roughly 75% of the countries show a score improvement in 2016.
• Convergence, at the global and regional level, remains elusive, with four regions – Eurasia, Emerging Europe, the Middle East, North Africa and Pakistan (MENAP) group, and sub-Saharan Africa.
• Europe remains at the technology frontier; seven of the top 10 NRI countries are European.
• Several Eastern European countries, notably the Slovak Republic, Poland and the Czech Republic made big strides landing spots in the NRI top 50.
• The Eurasia region continues its upward trajectory, with the average NRI for the region increasing significantly since 2012.
• Malaysia leads the Emerging Asian economies in 2016 and moves up one spot to 31st position overall.
• The top five in the Asian region in terms of overall ICT readiness remain Malaysia, Mongolia, Thailand, China and Sri Lanka.
• The performance range by countries in the Latin America and Caribbean region remains widely dispersed with almost 100 places between Chile (38th) and Haiti (137th).
• The United Arab Emirates (26th) and Qatar (27th) continue to lead the Arab world in networked-readiness.
• The NRI also sees several sub-Saharan African countries among the top upward movers, including South Africa (65th), Ethiopia (120th) and Côte d’Ivoire (106th).
India's performance in the Networked Readiness Index 2016
• India’s position on the list has come down for the fourth consecutive year in a row in 2016 from 89th in 2015, 83rd in 2014 and 68th in 2013.
• In different parameters of Index, India has scored better in terms of political and regulatory environment (78th position).
• It ranked very high (8th) place in terms of affordability.
• It scored worse in terms of business and innovation environment (110th).
• In terms of infrastructure, it scored worse place at 114th position.
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