India Jumps 30 Places Up, In Top 100 World Bank’s Ease Of Doing Business Rankings
India has jumped 30 places up massively and made its place at 100 in the World Bank's ease of Doing Business. India has secured its place in the Top 100 list for the first time, driven by reforms in access to credit, power supplies and protection of minority investors.
Doing Business in India has become much easier now as per the report over the past one year. The list shows 190 countries which is an influential barometer of competitiveness among countries that likely also helps businesses make investment decisions.
“India’s performance is not based on efforts of just one year but consistent efforts made over the last three years to continuously improve the regulatory environment of doing business,” Annette Dixon, vice president South Asia, told a press conference.
India is the only l...