New Delhi : India has shown a tremendous accomplishment in the latest Doing Business Report (DBR, 2019) which is being released by the World Bank. Taking a good leap from its previous position of 100th rank that it has acquired in 2017, India scored great this year securing 77th ranking in the report, among 190 countries assessed by the World Bank. With this new progress in the rankings, made a jump of 23 positions and this in itself is a big achievement for the nation.
The report states, “With 13 reforms between them, China and India — two of the world’s largest economies — are among the 10 top improvers.”
Speaking about the Doing Business Report prepared by the World Bank, India’s finance minister Arun Jaitley says, “Ease of doing business is to maximise the governance with minimum government personnel and procedures.”
Here are some of the important features of India’s performance this year:
- Recognized as one of the top improvers by the World Bank.
- Records highest improvement in two years
- Secures position among South Asian countries as against 6th in 2014
- India in top 25 on three indicators — getting electricity, getting credit and protecting minority investor
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