India has jumped 19 places in logistics performance in WB ranking
Q. India has jumped how many places in the global logistics performance ranking of the WB?- Published on 30 Jun 16a. 18
b. 19
c. 20
d. 21
ANSWER: 19
India has jumped 19 places in the latest World Bank ranking in the global logistics performance, reflecting the improvement in movement of goods inside the country thus facilitating better trade.
- The World Bank in its latest once-in-two-year Logistics Performance Index (LPI) said India is now ranked 35th as against the 54th spot it occupied in the previous 2014 report.
- In the 2014 report, India had a LPI score of 3.08, which increased to 3.42 in 2016. For the third time, Germany with 4.23 points tops the ranking, followed by Luxembourg (4.22), Sweden (4.20), Netherlands (4.19) and Singapore(4.14).
- Other countries in top 10 are Belgium, Austria, United Kingdom, Hong Kong and the United States.Japan is ranked 11. C
- China has jumped one spot to be ranked 27th while Pakistan is at 68th. Syria ranked lowest.
- According to the report, over the past six years, the world’s top-10 performers have remained consistent and include dominant players in the supply chain industry.
