India’s global competitiveness is inextricably linked to its ability to formulate and implement sound public policies, the making of which is one of the most ignored aspects of governance. The Global Competitiveness Report 2014-15 published by the World Economic Forum (WEF) has ranked India 71 in its Global Competitiveness Index (GCI). This report assesses the competitiveness of 144 global economies based on 12 points. These include institutions, infrastructure, health and education, labour market efficiency, technological readiness, innovation and business sophistication. India was ranked 60 in 2013-14. Now, it occupies the lowest position among the BRICS countries. Russia was ranked 64 in 2013-14, four ranks below India, but is 53 in 2014-15. China is 28. The GCI rankings for 2014-15, followed by , in brackets, the 2013-14 rankings, which were for 148 economies are: Brazil 57 (56); Russia 53 (64); Indian 71 (60); China 28 (29) and South Africa 56 (53).