Economic Freedom Rating in India compared to Asia
India: Economic freedom rating
Scores are from 0 to 100, higher scores are more desirable i.e. more conducive to economic growth. The lower the score, the greater the level of government interference in the economy and the less economic freedom a country enjoys.
- Free 80 - 100;
- Mostly Free 70 - 79.9;
- Moderately Free 60 - 69.9;
- Mostly Unfree 50 to 59.9; and
- Repressed 0 - 49.9.
India launched Residex (India's house price index) in July 2007, through the National Housing Bank (NHB). Since Residex is relatively new, its methodology is being revised every so often. The eventual aim is to cover residential housing for 63 cities, before extending coverage to commercial property and land. At date of writing (early 2014) Residex covered 26 cities, with 2007 as base year. Residex is publicly available and can be accessed at the National Housing Bank's site. General economics statistics are from the Reserve Bank of India.