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India slips below Bangladesh, Nepal and Sri Lanka in World Prosperity Index

India has slipped by five places to 106th spot, way below neighbouring Bangladesh, Nepal, Sri Lanka and China in the World Prosperity Index, largely due to poor 'safety and security' environment

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In the 'Prosperity Index' ranking of 142 countries compiled by London-based Legatum Institute, India dropped from 101st position last year, while Norway continues to remain at the top. Besides, India has fallen down the prosperity index rankings consistently over the last five years, the report said.

The 2013 Legatum Prosperity Index evaluates nations in eight categories, including education, health, economy, safety and security. India's position has dropped below neighbouring China (51), Sri lanka (60), Nepal (102) and Bangladesh (103).

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