The Indian government is the fifth most powerful in the world in terms of its ability to project the economy in the global sphere, as per a new ranking of 112 governments released as part of the Economic Survey 2010-11.
As per the Index of Government Economic Power (IGEP), India’s economic power has increased substantially in the nine year period. It moved to the fifth spot in 2009 from a ranking of 10 in 2000. According to the IGEP 2009, the US was at the top of the list, followed by China, Japan, Germany, India, Russia, Brazil, France, Italy and the UK.
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