{"id":4025,"date":"2024-06-14T00:20:51","date_gmt":"2024-06-14T00:20:51","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=4025"},"modified":"2024-06-14T00:20:51","modified_gmt":"2024-06-14T00:20:51","slug":"india-ranks-47thin-oecds-service-traderestrictiveness-index","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/india-ranks-47thin-oecds-service-traderestrictiveness-index\/","title":{"rendered":"India ranks 47thin OECDs service trade\nrestrictiveness index"},"content":{"rendered":"<p>Due to Russia-Ukraine war, Russia slipped to 48th position in the index. The report highlighted the privatisation of Air India, elimination of pricing guidelines for transfers of  between residents and non residents, and restriction of foreign participation in certain <a href=\"https:\/\/exam.pscnotes.com\/services\">Services<\/a> sectors.<\/p>\n<p>Reflecting presence of huge market barriers in the country, India stood at 47th position in Services Trade Restrictiveness Index(STRI) conducted by the Organisation for Economic Cooperation and Development (OECD) for the year 2022. However, there was an improvement from last year&#8217;s ranking by one position.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Due to Russia-Ukraine war, Russia slipped to 48th position in the index. The report highlighted the privatisation of Air India, elimination of pricing guidelines for transfers of between residents and non residents, and restriction of foreign participation in certain Services sectors. Reflecting presence of huge market barriers in the country, India stood at 47th position &#8230; <a title=\"India ranks 47thin OECDs service trade\nrestrictiveness index\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/india-ranks-47thin-oecds-service-traderestrictiveness-index\/\" aria-label=\"Read more about India ranks 47thin OECDs service trade\nrestrictiveness index\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[990],"class_list":["post-4025","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-25-02-23"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India ranks 47thin OECDs service trade restrictiveness index - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/india-ranks-47thin-oecds-service-traderestrictiveness-index\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India ranks 47thin OECDs service trade restrictiveness index\" \/>\n<meta property=\"og:description\" content=\"Due to Russia-Ukraine war, Russia slipped to 48th position in the index. 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