1. Home
  2. Current Affairs
  3. Current News
  4. India Slips to Third Place in Trust Index

India Slips to Third Place in Trust Index

  • 21 Jan 2025

On 20th January 2025, a report revealed that India dropped to the third position in trust across government, businesses, media, and NGOs, with income inequality playing a significant role in the rankings.

Key Points

  • Trust Inequality: Low-income populations in India trust institutions less (65%) compared to the high-income group (80%).
  • Global Trust Rankings: Among high-income groups, India ranks fourth, while for low-income populations, it holds the third position globally, trailing China and Indonesia.
  • Foreign-Headquartered Companies: India ranks 13th in trust for foreign-headquartered companies, with Canada, Japan, and Germany leading the list.
  • Developing Nations Lead: India ranks third on the overall Trust Index (75%), behind China (77%) and Indonesia (76%), while developed economies like Japan (37%), Germany (41%), and the UK (43%) scored low.
  • Global Trends: The survey flagged rising grievances, with 60% of respondents globally feeling harmed by government and business actions. Trust in institutional leaders fell to an average of 69%.
  • Disinformation Concerns: Confusion about credible news sources was prevalent, with 63% of respondents struggling to differentiate between facts and misinformation.
  • Inequality as a Problem: A majority (67%) believe the wealthy evade fair taxation, and 65% blame the rich for broader societal issues.