A Framework to Enhance Economic Growth.

The Global Competitiveness Council model (GCI), also known as the Best global capability centre in india Competitiveness Index, is a comprehensive model developed by the Worldwide Economic Forum (WEF) to assess the competitiveness of firms, and different countries.

The GCI framework was launched initially in 2004, and since ever since has been commonly utilized by governments, business enterprises also businesses to understand the competitiveness environment in different countries.

The GCI model takes into account the notion that performance is generated by a compilation of slow and soft elements, which together have the power to decide the potential of a country to achieve independent growth.

The 3 most major pillars of the GCC are grouped together into primary categories: a sustainable , infrastructure, and capacity for innovation.

The twelve components are:

1 institutions of the land:
this pillar assesses the far-reaching to which institutions like rule on the land property such as stability perceive institutions stable secure, reliable by participation, as well as sector private.

2 physical infrastructure:
this pillar assesses quality and excess and infrastructure including such as the transportation and telecommunications.

3 Financial performance framework of
this provides policy, directions related macroeconomic including the inflation and the actual interest, which and rates
the price of actual current time period

4 public health and education is main point toward delivering primary healthcare and facilities along with providing resources are educational facilities, assesses this includes performance of healthcare services and the implementation methods

5 Goods market platform
this pillar the ease of action related businesses doing trade,
efficiency of product and market product services are and market related infrastructure input, or expenditure or other resources related doing businesses.

6 adaptable workforce employee standard labour regulations for fair implementation

7 financial market stability/development and security/financial infrastructure performance and sustainable

8 readiness update/ implementation into actual performance

9 Businesses (market)

10 leverage to business practices 9: innovative-competitive/achieving intelligent decision

11 Technological improve/development progress toward researching

12 research and development techniques innovate successful or improvement techniques the technical enhancement

These 12 pillars use for calculating the country competitive economic enhance/prosperity, score from: 0-100.