NEW DELHI, Oct 31 � India has slipped 10 places to the 88th spot, way below neighbouring China, in the World Prosperity Index due to poor healthcare and education systems coupled with weak entrepreneurial infrastructure, reports PTI.
While last year, India stood at 78th position, according to London-based Legatum Institute that compiled the index.
China is ranked 58th in the list of 110 countries, which is topped by Norway. Other countries in the top five are Denmark (2), Finland (3), Australia (4) and NewZeland (5).
The prosperity index is based on 89 variables over 110 countries, grouped into eight sub-indices, and claims to comprehensively rank the level of prosperity in 110 nations of the world.
It is done by taking into account both economic growth and citizens� quality of life, drawing on data from various sources, including the Gallup World Poll 2009 and UN development Report.
The country ranked low on education ground (89th in the Index), health (95th), entrepreneurship and opportunity (93rd), and social Capital (105th).
�The prosperity Index finds that India has extremely poor healthcare, failing to prevent systemic diseases or malnourishment, it has a weak entrepreneurial infrastructure, a poorly-developed education system, and extremely low levels of social capital,� the report noted.
