Driver Overview
This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).
Rank
Score /100
Best practice
Metric Overview
Strengths
Financial stability
Despite a recent downturn, India’s banking sector is showing signs of improved stability in part due to the recapitalisation of Public Sector Banks by the Government and regulatory reforms. The long-term impact of the COVID-19 pandemic is a concern.
Preparation of PPPs
At 82, India’s score on the preparation of PPPs is much higher than the Lower Middle Income Countries’ average of 49. Good practices at the preparation stage helps to ensure that a decision is justified and that the procuring authority is ready to initiate the procurement process.
Cost to start a business
According to the World Bank, it costs approximately 7% of income per capita to start a business in India. This has improved significantly since 2017 due to reforms which included abolishing filing fees to establish a corporation and the establishment of electronic record systems.
Top Performing Metrics
Top Performing Metrics
This is defined by the metrics with the highest unweighted score out of 100.
Financial markets:
Financial stability
Planning:
Preparation of PPPs
Permits:
Cost to start a business
Opportunities to Grow
Post-completion reviews
India does not undertake post-completion reviews for infrastructure projects. The implementation of post-completion reviews could help determine whether projects have achieved their objectives efficiently, and identify areas of improvement.
Value of closed PPP infrastructure deals
The value of closed PPP infrastructure deals is low in India compared to the Lower Middle Income Countries’ average of 38. A low value may reflect government choices to publicly fund infrastructure and may be further impacted by the COVID-19 pandemic.
Private infrastructure investment
Private investment is low. This may reflect poor sentiment from investors or government choices to publicly fund infrastructure. This may be further impacted by the COVID-19 pandemic.
Metrics to Improve
Metrics to Improve
This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.
For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.
Governance:
Post-completion reviews
Activity:
Value of closed PPP infrastructure deals
Activity:
Private infrastructure investment
Detailed Data
This section shows country data for each of the 41 metrics. The figures in brackets denote the change in score since InfraCompass 2017.
Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset.
Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.
28.2%
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
20.7%
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
18.1%
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
15.1%
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
12.8%
Political stability and absence of violence score
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
5%
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
India
Lower-middle Income Countries Average
Description
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
Weighting (% of Driver)
28.2%
Source Link
Description
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
Weighting (% of Driver)
20.7%
Description
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
Weighting (% of Driver)
18.1%
Source Link
Description
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
Weighting (% of Driver)
15.1%
Source Link
Description
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
Weighting (% of Driver)
12.8%
Description
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Weighting (% of Driver)
5%
Source Link
Country Overview Data
2,280 USD
Population1,393 million persons
68.1 (0-100 best)
Infrastructure investment4.5% of GDP
Infrastructure gap0.5% of GDP
2,936 USD billion
GDP growth rate6.1%
GDP per capita growth rate6.6%
Gini coefficient35.7 (0-100 worst)
Gross Government Debt69.0% of GDP
Inflation rate3.4%
Summary credit rating57.0 (0-100 best)
Unemployment rate2.6%
Urbanisation ratio34.0% of total population
Road connectivity75.8 (0-100 best)
4.5 (1-7 best)
Efficiency of train services4.4 (1-7 best)
Efficiency of air transport services4.9 (1-7 best)
Efficiency of seaport services4.5 (1-7 best)
Electricity access87.5% of population
Electricity supply quality17.6% of output lost
Exposure to unsafe drinking water51.1% of population
Reliability of water supply4.4 (1-7 best)
Digital Adoption Index0.5 (0-1 best)
Mobile-broadband subscriptions37.5 per 100 population
Fixed-broadband Internet subscriptions1.3 per 100 population