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This is an archive article published on July 31, 2024

At 70%, India second most optimistic market after Singapore

Indians continued to worry about unemployment (39%), inflation (38%), education (24%), financial/ political corruption (22%), and crime and violence (21%).

india economyIndians continued to worry about unemployment (39 per cent), inflation (38 per cent), education (24 per cent). (File photo)
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At least 7 out of 10 urban Indians believe that their country is moving in the right direction, making India (70 per cent) the second most optimistic market, only after Singapore (86 per cent), a survey report said. India was closely followed by Indonesia, third most optimistic country with 69 per cent people having a positive opinion about the country’s future, said the findings.

Findings of the July wave of Ipsos Global Advisor What Worries the World survey stated that global citizens were highly pessimistic about the future, with only 38 per cent believing their country is headed in the right direction. The least optimistic markets were Peru (10 per cent), France (20 per cent), Israel (21 per cent) and Japan (22 per cent).

Indians continued to worry about unemployment (39 per cent), inflation (38 per cent), education (24 per cent), financial/ political corruption (22 per cent), and crime and violence (21 per cent). However, 83 per cent of Indians described the state of their country’s economy as good.

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On the contrary, global citizens were worried about inflation (33 per cent), crime and violence (30 per cent), poverty and social inequality (29 per cent), unemployment (28 per cent) and financial/ political corruption (26 per cent). Their confidence around their economies was also abysmally low at 37 per cent.

Amit Adarkar, CEO, Ipsos India said, “With the new government at the Centre, India has further bolstered its ranking by emerging the second most optimistic market in the world, with majority of the citizens confident of the future of India and the positive direction in which it is headed. Worries around some of the key issues remain, like around unemployment, inflation and education. The corpus earmarked for skilling will make the youth job ready, armed with desired skillsets for different sectors. Inflation is being tackled by the government by taking adequate measures to keep a check on food prices. Likewise for education, in the Budget there is emphasis on new institutes of professional courses being created. Confidence around the domestic economy is also significantly high among Indians as compared to global markets.”

Ipsos’ What Worries the World survey tracks public opinion on the most important social and political issues across 29 countries, drawing on over ten years of data to place the latest scores in context. The global report presents the top concerns around the world, alongside whether people think things in their country are heading in the right direction.

 

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