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India ranks 130th in ease of doing business index

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We did improve our competitiveness but how is that we are lagging now in ease of doing business...No correlation between the 2! Surprising! May be the report is biased??

[h=1]India ranks 130th in ease of doing business index[/h]October 25, 2016 22:04


India continues to rank low at 130th position in terms of ease of doing business, with the country seeing little or no improvement in dealing with construction permits, getting credit and other parameters.


In the World Bank's latest 'Doing Business' report, India's place remained unchanged from last year's original ranking of 130 among the 190 economies that were assessed on various parameters. However, the last year's ranking has been now revised to 131 from which the country has improved its place by one spot.


The government has been making efforts to further improve the ease of doing business and aims to bring the country in the top 50.


Expressing disappointment over no change in India's ranking in the World Bank's index on ease of doing business, Indian government regretted that the report did not take into consideration 12 key reforms undertaken by the government.


When it comes to 'distance to frontier' -- a measurement of the gap between an economy's performance and the best practice score of 100 -- India's score has improved to 55.27 this year from 53.93 last year.


http://news.rediff.com/commentary/2...siness-index/fc423e87753179b2114cdd54678c9c65
 
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