India on right track to reach the top 50 in Ease of Doing Business Index

The experience over the last four years has shown that India can excel when a strong political leadership is committed to reforms

By Ramesh Abhishek
India was ranked a modest 142 out of 189 economies in the World Bank’s Doing Business Report (DBR) 2015, last among the Brics (Brazil, Russia, India, China, South Africa) nations, and fifth among the eight South Asian economies.

This acted as a catalyst to kick-start the journey of improving ease of doing business in India. For the first time, a nodal department — the department of industrial policy and promotion (Dipp) —was appointed to spearhead this initiative, and also implement Prime Minister Narendra Modi’s vision of being ranked in the top 50 of the DBR. (Read more)

 News Source: https://economictimes.indiatimes.com