India is ranked at 62nd place among emerging economies on the Inclusive Development Index released by the World Economic Forum before the start of its 48th annual meeting. <br/><br/>The report said, Norway remains the world's most inclusive advanced economy, while Lithuania again tops the list of emerging economies. <br/><br/>According to the report, there is a huge decline in corruption rate in the index due to Indian Government's efforts of bringing transparency in the system. <br/><br/>The Inclusive Development Index is an annual assessment economic performance of 103 countries that measures how countries perform on eleven dimensions of economic progress in addition to GDP. <br/><br/>It has three pillars including 12 indicators and gives a more comprehensive indication of inclusive growth. <br/><br/>These pillars are growth and development; inclusion and intergenerational equity – sustainable stewardship of natural and financial resources. <br/><br/>