India’s position in the Global Political Risk Index has slipped a bit since late December although the country’s ranking remains unchanged at No. 12. The main reason for this is economic—analysts at Eurasia Group, the risk management consulting firm that creates the index, believe that the coming Union Budget will see an increase in government spending, mainly on agriculture. India’s score, however, remains the same at 62, an indication of moderate stability and moderate risk. A GPRI score of 100 means absolute stability and 50 is the mid-point in the scale.
The index is a composite measure of the state of a country’s government, society, security and economy. While the score indicates stability or instability for the month (the scores below are for January), the outlook (positive, negative or neutral as the case may be) provide an indication of which way the scores will likely move. Pakistan continues to remain at the bottom of the 24-country listing and its outlook continues to remain negative.
Mint has partnered with Eurasia Group for GPRI and runs this every month. The index is a composite measure of the state of a country’s government, society, security and economy. Mint carried the previous GPRI on 4 January.