Who's ahead in exploiting technology - India or China?
April 17th 2008 07:44
India's capability to tap the potential of information and communication technology resources seems to be declining, with the country's rank falling globally, but is still ahead of neighbouring China, says a new report.
The World Economic Forum, which assessed 127 countries based on their ability to exploit available information and communication technology has ranked India at the 50th place, down from 44th rank last year.
However, China has jumped to the 57th position this year as compared to 59th rank in 2007, but lags behind India. In WEF's 'Global Information Technology Report 2007-08', apart from India and China, another Asian country Sri Lanka also bettered its ranking.
Sri Lanka is placed at 79th position, a jump of seven places from its ranking last year.
Meanwhile, Denmark, Sweden and Switzerland have cornered the top three places, respectively and are followed by United States (4th) and Singapore (5th).
"The extraordinary power of ICT to enable growth, reduce poverty, and improve citizens lives has become increasingly clear to policymakers and civil society alike, and ICT promotion has gradually found a more privileged place in national competitiveness strategies and policy agendas," the report noted.
Taken from : The Financial Express.
One can't help wondering where the money will be distributed in view of these changing stats.
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