India Tops in Trust of Institutions in Global Report

An online survey of more than 33,000  respondents conducted between October 13 and November 16, 2016 by Edelman, the world’s largest public relations firm, and reported in the 2017 Edelman Trust Barometer, revealed that trust is in crisis around the world, and the largest-ever drop in trust was recorded across the institutions of government, business, media and NGOs.

Among the 28 nations surveyed, India emerged as the most trusted nation in terms of institutions with 72 per cent of the respondents from the general population feeling so. The country is followed by Indonesia (69 per cent), China (67 per cent), Singapore and UAE (both at 60 per cent), reports the Economic Times.
'Trust' written in sand
Other Key Findings:
  • The Indian government is the second most trusted  by its own citizensafter China
  • Of the 28 countries, there was distrust in government in 75 percent of them
  • Trust levels decreased to 47 percent this year from 50 percent in 2016
  • CEO credibility dropped 12 points globally to an all-time low of 37 per cent, plummeting in every country studied
  • Government leaders remain least credible
  • Trust in business dropped in 18 countries, while NGOs  saw drop-offs as high as 10 points across 21 countries
  • Half of the countries surveyed have lost faith in the system, led by France (72 percent) and Italy (72 percent), Mexico (67 percent), South Africa (67 percent) and Spain (67 percent)
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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

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