NEW DELHI: India expects a double-digit jump in the World Bank‘s ‘ease of doing business’ rankings which will be released tomorrow. The government hopes the string of reforms it has initiated would reflect in the ranking. In the 2017 report released last year, India ranked at 130 out of the 190 countries evaluated, improving just one rank from the previous year’s 131.
According to reports, the government has pinned its hopes of improvement on three parametersstarting a business, dealing with construction permits and resolving insolvencywhere India was placed 155, 185 and 136 respectively last year.
The Goods and Services Tax (GST), the government’s big-bang reform, will not be counted in this year’s ranking. India ranked a lowl…
Read the full article at: https://economictimes.indiatimes.com/news/economy/indicators/ease-of-doing-business-3-factors-modi-is-counting-on-for-a-jump-in-world-banks-rankings/articleshow/61353250.cms
