Ease of Doing Business: India Jumps 14 Places to Rank 63, Among 10 Most Improved Economies
New Delhi: India has seen a big improvement in the annual Ease of Doing Business report of the World Bank issued on Thursday as it moved up 14 places to the 63rd spot in the rankings for 20.
The country was 77th among 190 countries in the previous ranking, an improvement of 23 places compared to its position a year before. The jump in the latest ranking, although big, was not enough to meet Prime Minister Narendra Modi’s target of bringing India into the top 50 bracket.
India had broken into the club of the first 100 such nations in the 2018 report, when it had managed to jump 30 places.
The latest report has named the economies of India and nine other nations as the ones that have shown the most “notable improvement” in the ease of doing business.
The country has been ranked ninth among the most improved, with a score of 3.5 in the change in ‘Doing Business’ score. Saudi has been ranked at the top on this metric, with a score of 7.7, while Pakistan has been ranked sixth with a score of 5.6. The country is in 108th place overall. ……………. Read More
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