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of <h1>India Climbs to 55th in Global Competitiveness Index Due to Reforms and Stronger Economic Fundamentals.</h1> India's ranking in the Global Competitiveness Index has risen to 55th, reflecting enhancements in macroeconomic fundamentals and business sentiment. This advancement is credited to ongoing governmental reforms aimed at improving the ease of doing business. The government has also made strides in addressing budget and current account deficits. These developments were highlighted by a government official in a written response to a parliamentary question.
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