Ease of doing business: How India has performed on 10 World Bank parameters

India, with eight reforms, was one of this year’s top ten improvers, says report.

business Updated: Oct 31, 2017 20:20 IST
HT Correspondent
The World Bank Group’s latest report ‘Doing Business 2018: Reforming to Create Jobs’ says India is one of the top 10 countries to improve in this year’s report.
The World Bank Group’s latest report ‘Doing Business 2018: Reforming to Create Jobs’ says India is one of the top 10 countries to improve in this year’s report.(AFP)

India has for the first time moved into the top 100 in the World Bank’s Ease of Doing Business rankings from its 130th position last year, propelled by reforms that include making tax-paying easier, according a report released on Tuesday.

The World Bank Group’s latest report ‘Doing Business 2018: Reforming to Create Jobs’ says India is one of the top 10 countries to improve in this year’s report.

“India, with eight reforms, was one of this year’s top ten improvers worldwide and the leading regional performer. This is the first year that India is in the top 100 economies globally,” it said.

Here is how India has performed on 10 parameters of the report:

PARAMETERSTHIS YEAR’S RANKLAST YEAR’S RANK
Starting a business156155
Getting credit2944
Trading across borders146143
Dealing with construction permits181185
Protecting minority investors413
Getting electricity2926
Enforcing contracts164172
Paying taxes119172
Resolving insolvency103136
Registering property154138