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Ease of Doing Business rankings
PM @narendramodi's Mantra of 'Reform, Perform, Transform' leads to business becoming easier in India. pic.twitter.com/dC2MAZHdOp
& PMO India (@PMOIndia) October 31, 2017
LIVE: India registers highest ever improvement of 30 ranks from 130 to 100, in @WorldBank's #DoingBusiness rankings https://t.co/iclhIwCe5T pic.twitter.com/h5bpQUXp6E
& PIB India (@PIB_India) October 31, 2017
Parameters for the ranking
In the Ease of Doing Business index, various countries are ranked on the following 10 parameters: Starting a Business, Dealing with Construction Permits, Getting Electricity, Registering Property, Getting Credit, Protecting Minority Investors, Paying Taxes, Trading across Borders, Enforcing Contracts, Resolving Insolvency
Government pins hopes on recent reforms in order to improve rankings
Following release of last report in October 2016, Prime Minister Narendra Modi had asked top officials to study the report to analyse areas requiring reforms and improvement. GST roll out and implementation of insolvency and bankruptcy law are the government's bets to meet PM Modi's expectation to bring the country in the top 50.
Finance Minister Arun Jaitley to address media on India's rankings
FM @arunjaitley to address a Press Conference today evening on India’s ranking as per the World Bank’s Ease of Doing Business Report 2017.
— Ministry of Finance (@FinMinIndia) October 31, 2017
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