EASE OF DOING BUSINESS RANKINGS – MYTH OR REALITY?

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India improves on ease of doing business, but much work left to be done

The World Bank’s Doing Business 2018 report has come as a nicely-timed shot in the arm for the Union government. All of a sudden, our country’s ranking on the ease of doing business has gone up by 30 notches, the highest jump this year for any nation. India also finds itself in the World Bank’s list of the top ten most improved countries. Years of effort to improve the business environment, particularly since 2003 when the World Bank began the assessment process, has finally borne notable results. While till now India’s position on this list had oscillated between 140 and 130, this year we jumped to the 100th spot. In an otherwise patchy and challenging business environment, this should serve as a much-needed morale booster.

SOURCE – LIVEMINT

How Maharashtra helped India get big jump in ease of doing business ranking

The big jump in India’s ease of doing business ranking has a lot to do with the reforms undertaken by the Maharashtra government. Since ease of doing business in India is assessed based on data collected from Mumbai and Delhi, the performance of the two cities is key to improve the rank. After India’s rank rose by just one point to a dismal 130 last year, the Maharashtra government decided to make concerted efforts on its part to help improve the country’s position. One ..

SOURCE – ET

AAP Government Claims Credit For India’s Improved ‘Ease Of Doing Business’ Ranking

The AAP Government on Wednesday claimed that the steps taken by it in Delhi have played a “vital role” in improving India’s ranking on the World Bank’s ‘ease of doing business’ index.

Deputy Chief Minister Manish Sisodia also took a jibe at the Centre, asking it “not to hamper” his government’s works for one year on an “experimental basis” which will result in improvement of India’s ranking worldwide in other sectors like education and health.

“It is a proud moment for us that country has improved 30 ranks to 100th in ‘ease of doing business’ in World Bank’s report. Delhi has played a vital role in this,” he told reporters.

Mr Sisodia said since the Aam Aadmi Party government was formed, doing business has been “easier” in the city with introduction of several initiatives including online industry licence and eradication of “inspector-raj”.

“In the last two years, doing business has been easier in Delhi. Getting an industry licence has been simple with online facility. Applicants can get the licence within a day,” Mr Sisodia, who also holds the finance portfolio, said.

SOURCE – NDTV

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