GS3 · Economy

India rises 82nd→57th in competition-reform ranking (Competere report)

Battle IAS current affairs title card: India rises 82nd→57th in competition-reform ranking (Competere report) (GS3 · Economy, 30 July 2026)
Battle Brief

India rose 25 places, from 82nd to 57th, in global rankings of structural and pro-competitive reforms between 2010 and 2023, says a Competere Foundation report released on 30 July 2026. It uses a Market Distortions Performance Index. The report credits reforms such as GST, the Insolvency and Bankruptcy Code and modern trade facilitation.

Fact File

Released
30 Jul 2026, Commerce Ministry
Ranking
82nd to 57th, up 25 places
Period assessed
2010 to 2023
Index
Market Distortions Performance Index
Report by
Competere Foundation for Trade and Competition Policy
Launched at
discussion by CTIL, IIFT, New Delhi
In the news

India’s market distortions ranking: what happened?

A market distortion is anything that stops firms from competing on fair terms: weak property rights, protected incumbents, or barriers to trade. The report measures how far India reduced such distortions from 2010 to 2023, and what it should do next.

  • Three pillars: property rights protection, domestic competition and international competition.
  • Reforms cited: GST, IBC, a better regulatory environment and modern trade facilitation.
  • It also looks at investment conditions, digital markets and foreign regulatory barriers.
  • It calls for an evidence-based, effects-oriented competition policy.
  • It asks India to review sector-specific investment limits in light of consumer welfare.
Back Story

What is CTIL?

  • The Centre for Trade and Investment Law at the Indian Institute of Foreign Trade (IIFT), New Delhi, which organised the launch with the Competere Foundation.
Why examiners care

Why does India’s market distortions ranking matter?

  • Economy: Fewer distortions mean more competition and productivity.
  • Trade: Links domestic reform with access to foreign markets.
Exam Radar

What can Prelims ask on India’s market distortions ranking?

  • Competere Foundation report: India 82nd to 57th (2010 to 2023).
  • Market Distortions Performance Index: property rights, domestic competition, international competition.
  • CTIL is part of IIFT.

How to use this in Mains

GS-III Indian economy: growth, development and employment

  1. As per PIB (2026-07-30): A Competere Foundation report says India rose from 82nd to 57th in a global ranking of structural, pro-competitive reforms between 2010 and 2023.
  2. Market distortions reduce productivity.
Quotable data point

A Competere Foundation report says India rose from 82nd to 57th in a global ranking of structural, pro-competitive reforms between 2010 and 2023.

PIB: Commerce: Competere ranking, 30 Jul 2026

Exam angle

UPSC

Prelims: CCI; Competition Act.

Practice MCQs

Original practice questions (not PYQs).

Practice · UPSC

The "Market Distortions Performance Index", under which India rose from 82nd to 57th, measures

Answer (b) & explanation

PIB (Commerce), 30 Jul 2026.

Quick questions

Questions students ask about this

How much did India rise in the ranking?

25 places, from 82nd to 57th, based on reforms between 2010 and 2023.

Which reforms helped?

The report cites GST, the Insolvency and Bankruptcy Code, regulatory improvements and modern trade facilitation.

What are the three pillars of the index?

Property rights protection, domestic competition and international competition.

Keep studying

Go deeper

Official source: PIB: Commerce: Competere ranking, 30 Jul 2026

facts from cited sources only; faculty review pending