
CHANDLER GOOD GOVERNANCE INDEX
India has been ranked 49th out of 104 countries which it classifies.
It is designed by IDFC Foundation and IDFC Institute, and CGGI Advisory Panel Member.
Finland topped the ranking of CGGI.
Seven pillars of the Index:
Leadership and foresight
Robust laws and policies
Strong institutions
Financial Stewardship
Attractive marketplace
Global influence and reputation
Helping people rise.
Significance of the Index:
The index depicts why investing in strong government capabilities is important to securing positive outcomes for citizens and business.
Governance and prosperity is interlinked:
To enhance the capabilities governments need to invest time and effort.
Effective governments and governance create opportunities for citizens to thrive and thus build the foundation of national development and prosperity.
Good governance further leads to better outcomes and increased public trust and high levels of public trust make it easier for governments to do their work.