India rises from 82nd to 57th in global rankings, in structural and pro-competitive reforms: Report by Competere Foundation
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Practice
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1. At a Glance
- India's rank on the Market Distortions Performance Index (Competere Foundation) improved from 82nd to 57th — a jump of 25 places — over 2010–2023. [1]
- Report: "India's Next Growth Frontier: Reducing Anti-Competitive Market Distortions to Build on India's 2010–2023 Reform Progress", released by the Competere Foundation. [1]
- Relevant for Prelims (index/ranking-type current affairs) and Mains GS-III (economic reforms, market efficiency, competitiveness). [1]
- Nodal ministry: Ministry of Commerce & Industry; report unveiled via PIB Delhi on 30 July 2026. [1]
2. Why in the News
- PIB Delhi published a press release on 30 July 2026 announcing India's improved standing on the Competere Foundation's Market Distortions Performance Index, attributing the gain to sustained structural and pro-competitive reforms between 2010 and 2023. [1]
3. Background & Evolution
- The index tracks a country's reform trajectory by measuring reduction in anti-competitive market distortions over a defined period (here, 2010–2023). [1]
- The report frames 2010–2023 as India's reform baseline period and positions further distortion-reduction as India's "next growth frontier." [1]
- Institutional platform: the report was released in association with CTIL (Centre for Trade and Investment Law), under the Ministry of Commerce & Industry ecosystem. [1]
4. Core Static Facts
| Item | Detail |
|---|---|
| Index name | Market Distortions Performance Index [1] |
| Publishing body | Competere Foundation [1] |
| Associated body | CTIL (Centre for Trade and Investment Law) [1] |
| Report title | India's Next Growth Frontier: Reducing Anti-Competitive Market Distortions to Build on India's 2010–2023 Reform Progress [1] |
| Rank change | 82nd → 57th (up 25 places) [1] |
| Period assessed | 2010–2023 [1] |
| Announcing ministry | Ministry of Commerce & Industry [1] |
| Release date | 30 July 2026 [1] |
| Publisher of press note | PIB Delhi [1] |
5. Multi-Dimensional Analysis
- Economic: Higher ranking signals reduced market distortions (subsidies, price controls, entry barriers), which theoretically improves resource allocation, investment climate, and ease of doing business. [1]
- Governance: Reflects a decade-plus of policy continuity in structural reform — relevant to India's broader "ease of doing business" and deregulation narrative. [1]
- Geopolitical/Strategic: Positions India favourably in global trade and investment competitiveness discourse, relevant ahead of trade negotiations. [1]
- Administrative: Ministry of Commerce & Industry's ownership of the announcement ties it to India's trade-policy and competition-policy institutional architecture (alongside CCI). [1]
6. Recent Developments (last 12–18 months)
- 30 July 2026: PIB Delhi releases the announcement of India's improved Market Distortions Performance Index ranking (82→57), based on the Competere Foundation report. [1]
7. Prelims Hooks
- India moved from 82nd to 57th rank — a gain of 25 places. [1]
- Report: "India's Next Growth Frontier: Reducing Anti-Competitive Market Distortions to Build on India's 2010–2023 Reform Progress." [1]
- Publishing organisation: Competere Foundation. [1]
- Index used: Market Distortions Performance Index. [1]
- Assessment period: 2010–2023. [1]
- Associated institution: CTIL (Centre for Trade and Investment Law). [1]
- Announcing ministry: Ministry of Commerce & Industry (not NITI Aayog or DPIIT alone). [1]
- Press release date: 30 July 2026, via PIB Delhi. [1]
8. Mains Relevance
- GS-III: Indian Economy — issues relating to planning, mobilization of resources, growth, development; effects of liberalization on the economy; changes in industrial policy. [1]
- GS-II: Government policies and interventions for development in various sectors. [1]
- Possible question stems:
- "Discuss the significance of reducing anti-competitive market distortions for India's growth trajectory. Examine key reform areas highlighted by recent global competitiveness indices." (GS-III)
- "Global competitiveness rankings are as much about perception as performance. Critically evaluate this statement in the context of India's recent improvement in structural reform indices." (GS-III/Essay)
- "Analyse the role of trade and competition policy institutions in shaping India's ease-of-doing-business reforms since 2010." (GS-II/III)
9. Related Topics to Study Next
- Ease of Doing Business rankings (World Bank, discontinued) — comparable structural-reform benchmarking exercise. [1]
- Competition Commission of India (CCI) — domestic competition-policy enforcer, complements market-distortion reduction. [1]
- DPIIT reforms & industrial delicensing — historical driver of reduced market distortions since 1991/2010s. [1]
- Global Innovation Index / Global Competitiveness Index — allied ranking exercises often confused with this one. [1]
- WTO Trade Policy Reviews of India — external assessment of India's trade distortions. [1]
- PLI Schemes and subsidy rationalisation — current policy tools affecting market distortion metrics. [1]
10. Common Errors / Trap Areas
- Confusing Market Distortions Performance Index (Competere Foundation) with the Global Competitiveness Index or Ease of Doing Business Index — different publishers, different methodologies. [1]
- Misattributing the announcing ministry to NITI Aayog instead of Ministry of Commerce & Industry. [1]
- Confusing CTIL (Centre for Trade and Investment Law) with CCI (Competition Commission of India) — CTIL is an academic/policy body under IIFT, not a regulator. [1]
- Assuming the assessment period is "last 5 years" — it is specifically 2010–2023. [1]
Sources
- 1Press Release Page | Press Information Bureau, Ministry of Commerce & Industrypib.gov.in · tier 1
At the end · practice MCQs
11 questions on this item
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