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India jumps 30 places to rank 100 in World Banks Ease of Doing Business Report 2018

Posted on: November 02, 2017 | Back | Print

It is historic for a country to achieve the highest jump in the ranking of doing business sector and it also acknowledges India’s reform trajectory under the leadership of Prime Minister Shri Narendra Modi. The business environment has improved at the fifth fastest pace in the world and India is among the top 10 ‘improvers’ globally, having done better in 8 out of 10 business parameters. The country has jumped 53 places from 172 to 119 on ease of paying taxes, leapt over to the 4th rank on protecting minority investors and moves 15 places from 44 to 29 on ease of businesses getting credit. The most significant jump is in taxation policy parameter.