The Indian public's confidence in their economy and government has plunged in the last year, according to a US study published as the country battles galloping inflation and slowing growth.
Although Indians are still more positive about their situation than Europeans or Americans, their confidence in the country's prospects has fallen sharply since 2011.
"In a world where the Americans, the Europeans and even the Chinese have reason to worry about their economies, it is the Indians who have lost the greatest faith in their economic fortunes," said the Pew Research Center study published on Monday.
Just 49 percent of the 4,018 Indians questioned by the center said current economic conditions were good, reflecting a 7.0-percentage-point decline since 2011 when 56 percent of those surveyed said the economy was doing well.
Only 45 percent of Indians believe that the economy will improve in the next 12 months and just 38 percent said the country was heading in the right direction, down from 51 percent last year.
In the US, satisfaction levels were low but more than 52 percent said they expected the economy to improve in the next 12 months, compared with 25 percent of Europeans.
In China, 83 percent of people said the economy was good and was poised to become even better in the next 12 months, while fellow emerging giant Brazil had similar levels of optimism.
India's once-booming economy grew by just 5.5 percent between April to June -- its slowest expansion in three years. Inflation remains stubbornly high at nearly seven percent.
A spate of political corruption scandals have also soured the national mood, with the parliament currently deadlocked due to protests over a new scandal involving the allocation of coal mining licences.
Nearly two out of every three Indians surveyed said they were pleased with their personal financial situation, in contrast to their feelings about the national economy.
