India Improves Rank by 23 Positions in Ease of Doing Business

India Improves Rank by 23 Positions in Ease of Doing Business
India Improves Rank by 23 Positions in Ease of Doing Business

India Improves Rank by 23 Positions in Ease of Doing Business

According to the latest Doing Business Report (DBR, 2019) of world bank ,India has recorded a jump of 23 positions against its rank of 100 in 2017 to be placed now at 77th rank among 190 countries assessed.


India's leap of 23 ranks in the Ease of Doing Business ranking is significant considering that last year India had improved its rank by 30 places, a rare feat for any large and diverse country of the size of India.
 
India has improved its rank in 6 out of 10 indicators. But, the most dramatic improvements have been registered in the indicators related to 'Construction Permits' and 'Trading across Borders'.

The important features of India's performance this year are:-

  • The World Bank has recognized India as one of the top improvers for the year.
  •  This is the second consecutive year for which India has been recognized as one of the top improvers.
  •  As a result of continued performance, India is now placed at first position among South Asian countries as against 6th in 2014.
  •  Implementation of reforms followed successful required coordination within various Ministries and government agencies.
  •  As a result of continued efforts by the Government, India has improved its rank by 53 positions in last two years and 65positions in last four years.

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