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The comment section on that article is fun to read. Bring some popcorn.
Agreed. Not Indian, but people seem surprised at the rating? And very competitive against Pakistan.
India even lags behind in manufacturing wrt Bangladesh and Vietnam too.
Nothing surprising. Indian GDP is bloated with 6%+ inflation which their central bank considers normal. So cost of everything doubled every decade.
But the wages are stagnant. There is 0% real wage growth in the last 10 years.
Per capita income ranking is 129
HDi ranking is 132
Not even 1% percent Indians can afford a medical emergency.
Corruption perception index only got worse.
Under 25 unemployment is 44%
People have every reason to be unhappy