India improves one rank, pips Indonesia to emerge 2nd most optimistic market: Ipsos What Worries the World July 2024 Wave
Ipsos’ What Worries the World survey tracks public opinion on the most important social and political issues across 29 countries today, drawing on over ten years of data to place the latest scores in context.
Happy tidings for India. In the July wave of the Ipsos Global Advisor What Worries the World, India has improved one rank and pipped Indonesia to emerge the 2nd most optimistic market, with at least 7 in 10 urban Indians (70%) believing that India is moving in the right direction; it was preceded by Singapore (86%).
Global citizens on the contrary were seen to be highly pessimistic about the future with only 38% believing their country is headed in the right direction. The markets least optimistic were Peru (10%), France (20%), Israel (21%) and Japan (22%).
Ipsos’ What Worries the World survey tracks public opinion on the most important social and political issues across 29 countries today, 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 or wrong direction.
Local worries Vs Global worries
Indians continued to worry about unemployment (39%,+4%), inflation (38%, =), education (24%, -2%), financial/ political corruption (22%, -1%), and crime and violence (21%, -1%). Though 83% of Indians described our state of the economy as good.
Global citizens on the contrary were worried about inflation (33%, =), crime and violence (30%, =), poverty and social inequality (29%, =), unemployment (28%, +1%) and financial/ political corruption (26%, +1%). Their confidence around their economy was also abysmally low at 37%.
Summarizing on the findings of the survey, Amit Adarkar, CEO, Ipsos India said, "With the new government in the Centre, India has further bolstered its ranking by emerging the 2nd 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. With the Union Budget focusing majorly on providing jobs to millions of youth and linking jobs to CSR is a landmark step taken by the government because companies have the lumpsum mandatarily earmarked for CSR and it will address the biggest issue facing the nation right now, and that is to provide jobs and employment to the youth of India. Likewise 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. And taking measures to plug loopholes in paper leakages. Confidence around the domestic economy is also significantly high among Indians as compared to global markets."
