What is the India’s rank in the latest 2018 Index of Economic Freedom?
India with an economic freedom score of 54.5 points has been ranked 130th in the latest annual Index of Economic Freedom released by a top American think-tank the Heritage Foundation. As per 2018 Index, India is developing into an open-market economy, but traces of its past autarkic policies remain. The Index covers 12 freedoms – from property rights to financial freedom – in 186 countries. It is a helpful tool for a variety of audiences, including academics, policymakers, journalists, students, teachers, and those in business and finance. The index is topped by Hong Kong, followed by Singapore, New Zealand, Switzerland and Australia.