The US Foreign Policy Magazine and US based fund-for-peace releases a list of the most viable countires in the world. India stands at a commendable 93 (eventh0uh some of the indicators are disturbing). A point to note here is that Pakistan is ranked as the 9th most vulnerable country in the world. It was 34th on the list last year and has had a major slump to decline to 9th.
The parameters are well thought out me thinks and also gives a major help to those trying to improve the state of the country (if someone is really bothered that is). If we keep speaking about the failure of the system, sitting in a country which scores a decent 6.7 on "Progressive Deterioration of Public Services" - i cannot even imagine the state of a country like Somalia (10 - but we know that already right) or North Korea (9.5!!!)
On the overall list - we(Rank 93) are placed better than even China(Rank 57)and Russia(Rank 43), while UK(Rank 130) and USA(Rank 128) are, no-prizes-for-guessing, better than us.