The WEF Inclusive development report has India lagging behind China, and even Pakistan. With India ranked at 60 out of 79 developing economies, China at 15 and Pakistan at 52.

The survey found 38 percent were very confident they could increase revenue growth in the next year, up from 35 percent at the same time last year, which was a six-year low.

World Economic Forum's Annual Meeting began in Davos on Monday evening with call for governments to be 'responsive and responsible' in the backdrop of falling trust in all kinds of institutions and various studies painting a dismal picture for India including on inclusive development, rich-poor gap and talent competitiveness.