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India ranks 9th in crony capitalism index: Study
short by Shubhodeep Datta / on Sunday, 8 May, 2016
India was ranked 9th out of 22 countries in the crony capitalism index in a recent study by The Economist. According to the study, India's crony sector wealth amounted to 3.4% of its GDP. Germany was declared the cleanest while Russia performed the worst in the study that was based upon Forbes' list of billionaires and their source of wealth.