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India’s jumped by 12 places on Ease of Doing Business Ranking

Written By Unknown on Wednesday 28 October 2015 | 28.10.15


In the recent ranking by World Bank Group about ‘Ease of Doing Business’; India ranked 130 out of 189 countries. On a positive side, India’s rank jumped by 12 places compared with 142th place last year. Singapore maintains at the top while mostly Western European and North American countries dominate the list.

Improvement in India’s rank is mainly driven by improvements in areas such as ease of starting a business and getting electricity connection. India’s ranking improved from 137th to 70th in just one year for getting electricity connection. In last year, Narendra Modi led Indian government is taking many steps to improve business friendliness of the country.

However, areas such as Dealing with construction permits where India ranked 183 out of 189 and Taxation system (157th) are major areas of concern of the industry.

Among other major developing economies, China is at 84th place, Brazil (116th), Russia (51st).

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