Finshots Daily Corruption Perceptions Index explained
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Feb 20, 2025 Explore the intriguing world of the Corruption Perceptions Index and its significance in assessing governance and investment climates. Discover India's current ranking of 96th among 180 countries and the implications that come with it. The discussion also highlights critiques surrounding the CPI's methodology, stressing the importance of careful interpretation. Tune in for an engaging analysis that sheds light on this crucial index.
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India's CPI Ranking
- India ranks 96th out of 180 countries in the 2024 Corruption Perceptions Index (CPI).
- This ranking is determined by Transparency International based on surveys from various global institutions.
CPI Implications
- The CPI has real-world implications for policymakers, investors, and sovereign credit ratings.
- A low CPI score can signal potential difficulties for businesses and impact a country's ability to secure loans.
CPI Criticisms
- The CPI is based on perceptions of corruption, which can be subjective and vary among individuals.
- It primarily reflects the views of business elites and experts, potentially overlooking the experiences of ordinary people.