Ease of Doing Business: India - Revision history

Jyoti: /* 2020: no. of compliances needed by manufacturing companies */

2024-05-08T03:58:43Z

‎2020: no. of compliances needed by manufacturing companies

Jyoti: /* 2019 */

2022-07-02T17:53:17Z

‎2019

Jyoti: /* Barriers to ease of doing business */

2022-06-26T19:56:58Z

‎Barriers to ease of doing business

Jyoti: /* Financial transparency ratings */

2021-11-14T06:20:41Z

‎Financial transparency ratings

Jyoti: /* 2021: US Investment Climate Statement */

2021-07-30T10:54:48Z

‎2021: US Investment Climate Statement

Jyoti: /* 2019: India rises 14 places to 63rd */

2021-07-30T10:49:46Z

‎2019: India rises 14 places to 63rd

Jyoti: /* 2019: India rises 14 places to 63rd */

2021-06-13T20:27:15Z

‎2019: India rises 14 places to 63rd

Jyoti: /* 2019: India among 20 most improved countries */

2021-06-08T22:07:48Z

‎2019: India among 20 most improved countries

Jyoti: /* 2018: India ranks 77 */

2021-05-19T21:12:43Z

‎2018: India ranks 77

Jyoti: /* Enforcing contracts */

2020-11-22T08:05:30Z

‎Enforcing contracts

← Older revision		Revision as of 03:58, 8 May 2024
Line 68:		Line 68:

	While maximum number of compliances are required under Companies Act, GST would be at the second place if the 136 filings and approvals under Central, State and Integrated GST laws are added.		While maximum number of compliances are required under Companies Act, GST would be at the second place if the 136 filings and approvals under Central, State and Integrated GST laws are added.
		+
		+	==2024: Acts, rules, compliances, annual filings to be complied with==
		+	[https://epaper.indiatimes.com/article-share?article=02_05_2024_007_003_cap_TOI May 2, 2024: ''The Times of India'']
		+
		+
		+	Bengaluru : Despite attempts to improve the ease of doing business, India Inc still has to deal with numerous laws and compliances.
		+
		+	A research paper released by TeamLease RegTech, a regulatory compliance management firm, finds there are 1,536 Acts and rules, 69,233 compliances, and 6,618 annual filings to comply with. However, each company may not have to contend with all the compliances. That varies depending on the nature of business, geographical location and reach, and employee headcount.
		+
		+	It says that a major part of the compliances for corporates is with regard to labour. Labour accounts for 30.1% of the applicable laws and rules, 47% of the compliances, 46% of the filings, and 68% of the provisions that carry clauses for imprisonment.
		+
		+	Govt had sought to streamline several labour laws by enacting four labour codes but has failed to implement them, citing lack of support from some states. Most economists have argued that the new labour codes should be among the first set of key reforms that the new govt should implement.
		+
		+	The current sets of laws and regulations come with their own set of internal processes with labour consultants seen to be heavily reliant on spreadsheets for data storage and sharing, the paper said.
		+
		+	“Currently, the digitalisation of compliance processes is limited to monitoring and administrating regulatory obligations. Automation will enable businesses to reduce both the expense of compliance and the cost of poor compli- ance,” the report said.
		+
		+	TeamLease RegTech pointed out that there is a lot of redundancy and overlap in labour laws.
		+	It suggested that companies and govt should start using open APIs so that they can exchange data seamlessly with regulators. “It will allow regulators to publish updates to compliance requirements, which affected businesses can quickly ingest. In addition, using a network of RegTechs, the infrastructure will enable enterprises to complete straight-through filings. Eventually, the grid will eliminate the need to create, maintain, and submit paper documents. It will automatically detect compliance obligation delays, evasions, and leaks,” TeamLease RegTech said.

	[[Category:China\|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA		[[Category:China\|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA

@@ Line 1,263: / Line 1,263: @@
 In May, chief secretary RK Tiwari had said that to improve the overall performance of the state in ease of doing business rankings, the state would assess each district in how efficiently they were able to handle issues raised on the Nivesh Mitra portal. Rankings were issued in June in which Unnao came first. The services which have been included under the reforms include labour regulation, access to information and transparency, land administration, construction permit, commercial disputes, inspection enablers etc.
 [[Category:China|E EASE OF DOING BUSINESS: INDIA
 EASE OF DOING BUSINESS: INDIA]]
-[[Category:Economy-Industry-Resources|EEASE OF DOING BUSINESS: INDIA
+[[Category:Economy-Industry-Resources|EEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
 EASE OF DOING BUSINESS: INDIA]]
-[[Category:Government|EEASE OF DOING BUSINESS: INDIA
+[[Category:Government|EEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
 EASE OF DOING BUSINESS: INDIA]]
-[[Category:India|EEASE OF DOING BUSINESS: INDIA
+[[Category:India|EEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
 EASE OF DOING BUSINESS: INDIA]]
-[[Category:Nepal|E EASE OF DOING BUSINESS: INDIA
+[[Category:Nepal|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
 EASE OF DOING BUSINESS: INDIA]]
-[[Category:Pakistan|E EASE OF DOING BUSINESS: INDIA
+[[Category:Pages with broken file links|EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
 EASE OF DOING BUSINESS: INDIA]]
-[[Category:Sri Lanka|E EASE OF DOING BUSINESS: INDIA
+[[Category:Pakistan|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
 EASE OF DOING BUSINESS: INDIA]]

← Older revision		Revision as of 19:56, 26 June 2022
Line 51:		Line 51:
	Gujarat emerges as the most corruption free state in eyes of industrialists, followed by Himachal Pradesh and Andhra Pradesh		Gujarat emerges as the most corruption free state in eyes of industrialists, followed by Himachal Pradesh and Andhra Pradesh

		+
		+	==2020: no. of compliances needed by manufacturing companies ==
		+	[https://timesofindia.indiatimes.com/business/india-business/manufacturing-companies-may-need-up-to-2k-compliances-under-laws/articleshow/73717082.cms Sidhartha, January 28, 2020: ''The Times of India'']
		+
		+	[[File: Laws where maximum compliances are needed by manufacturing companies.jpg\|Laws where maximum compliances are needed by manufacturing companies <br/> From: [https://timesofindia.indiatimes.com/business/india-business/manufacturing-companies-may-need-up-to-2k-compliances-under-laws/articleshow/73717082.cms Sidhartha, January 28, 2020: ''The Times of India'']\|frame\|500px]]
		+
		+	NEW DELHI: Manufacturing companies in India may need to fulfil 1,984 compliances under various central and state laws, which are time-consuming and increase the cost of doing business, industry lobby group Ficci has told top government functionaries ahead of the Union Budget.
		+
		+	A study undertaken by the industry body has shown that the compliances, including approvals and filings, are required under 122 central and state laws, including those related to environment, labour laws, GST and the Companies Act. The issue was flagged before finance minister Nirmala Sitharaman during the pre-Budget consultations, where top officials were also present. Officials from the department for promotion of industry and internal trade were told to look into the issue, sources told TOI.
		+
		+	“The process can be streamlined as businesses need to go to agencies multiple times,” said Sandeep Somany, vice-chairman and MD of sanitary products company Hindware, who recently completed his term as Ficci president. He pointed to multiple environmental clearances required under various laws as an example and added that pharmaceuticals and food processing sector companies with pan-India operations may have to undertake several times more compliances.
		+
		+	Officials, however, said that all the compliances may not be required by all manufacturing companies. A company engaged in the engineering sector may need to comply with provisions of the Boilers Act but may not have to do anything with the Food Safety and Standards Act.
		+
		+	“Over the years, the idea has been to reduce compliances and move towards a system of self-certification,” said an official, pointing out that the government is looking to do away with the need for renewal of several licences.
		+
		+	While maximum number of compliances are required under Companies Act, GST would be at the second place if the 136 filings and approvals under Central, State and Integrated GST laws are added.
		+
		+	[[Category:China\|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]
		+	[[Category:Economy-Industry-Resources\|EEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]
		+	[[Category:Government\|EEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]
		+	[[Category:India\|EEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]
		+	[[Category:Nepal\|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]
		+	[[Category:Pages with broken file links\|EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]
		+	[[Category:Pakistan\|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]
		+	[[Category:Sri Lanka\|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]

	=Changes in laws=		=Changes in laws=

@@ Line 1,262: / Line 1,262: @@
 The ranking takes into account the processes put in place to bring transparency and reduce secrecy around financial dealings.
 [[Category:China|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
 EASE OF DOING BUSINESS: INDIA]]
-[[Category:Economy-Industry-Resources|EEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
+[[Category:Economy-Industry-Resources|EEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
 EASE OF DOING BUSINESS: INDIA]]
-[[Category:Government|EEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
+[[Category:Government|EEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
 EASE OF DOING BUSINESS: INDIA]]
-[[Category:India|EEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
+[[Category:India|EEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
 EASE OF DOING BUSINESS: INDIA]]
-[[Category:Nepal|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
+[[Category:Nepal|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
 EASE OF DOING BUSINESS: INDIA]]
-[[Category:Pages with broken file links|EASE OF DOING BUSINESS: INDIA]]
+[[Category:Pages with broken file links|EASE OF DOING BUSINESS: INDIA
-[[Category:Pakistan|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
 EASE OF DOING BUSINESS: INDIA]]
-[[Category:Sri Lanka|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
+[[Category:Pakistan|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
 EASE OF DOING BUSINESS: INDIA]]

← Older revision		Revision as of 10:54, 30 July 2021
Line 800:		Line 800:


−	===2021: US Investment Climate Statement===	+	==2021: US Investment Climate Statement==
	[https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2021/07/23&entity=Ar01901&sk=6D9CC8CD&mode=text July 23, 2021: ''The Times of India'']		[https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2021/07/23&entity=Ar01901&sk=6D9CC8CD&mode=text July 23, 2021: ''The Times of India'']

← Older revision		Revision as of 10:49, 30 July 2021
Line 798:		Line 798:

	“The IBC code, the NCLAT, NLCT all of them put together have made such a difference... That’s a impressive move upwards but there is more to go,” FM Nirmala Sitharaman said, adding that all the effort would be to break into the top 50 countries in the ease of doing business ranking. She said that efforts will be made to improve India’s ranking on ‘starting a business’ where rank has improved by a notch to 137.		“The IBC code, the NCLAT, NLCT all of them put together have made such a difference... That’s a impressive move upwards but there is more to go,” FM Nirmala Sitharaman said, adding that all the effort would be to break into the top 50 countries in the ease of doing business ranking. She said that efforts will be made to improve India’s ranking on ‘starting a business’ where rank has improved by a notch to 137.
		+
		+
		+	===2021: US Investment Climate Statement===
		+	[https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2021/07/23&entity=Ar01901&sk=6D9CC8CD&mode=text July 23, 2021: ''The Times of India'']
		+
		+	The US State department has said that India remains a challenging place to do business despite some of the reform measures, such as labour and farm laws, initiated by the government.
		+
		+	“New protectionist measures, including increased tariffs, procurement rules that limit competitive choices, sanitary and phytosanitary measures not based on science, and Indian-specific standards not aligned with international standards, effectively closed off producers from global supply chains and restricted the expansion in bilateral trade,” it said in the latest Investment Climate Statements.
		+
		+	The stand is in line with the US government stance on multiple issues with the India too accusing Washington of maintaining several restrictions. Besides, Indian authorities have often argued that the policies do not violate India’s international commitments.
		+
		+	While liberalising FDI has been a key theme of successive governments, the US complained of stakeholders being left out of the consultation process. It also pointed to FDI rules for aviation, where 100% overseas flows have been permitted, while the substantial ownership and effective control (SOEC) rules that mandate majority control by Indian nationals have not been clarified yet.
		+
		+	Similarly, it was critical of “discriminatory” FDI policy for insurance sector due to the Indian management and control rider, although the ceiling was increased to 74% earlier this year.
		+
		+	A major area of worry is the data localisation and storage requirements. It said RBI’s order on storing data on payment transactions within the country has led to significant compliance costs and increased risk of cybersecurity vulnerabilities, although American banks have managed to comply with the requirement.
		+
		+	Similarly, it was critical of the Personal Data Protection Bill. “The localisation of all ‘sensitive personal data’ being processed in India could directly impact IT exports. In the current draft, no clear criteria for the classification of ‘critical personal data’ has been included,” it said.
		+
		+	The other area of concern is the equalisation levy on tech companies, where the US had threatened retaliatory action. It also flagged the retrospective tax issue.
		+
		+	The US government continued to urge the government of India to foster an attractive and reliable investment climate by reducing barriers to investment and minimising bureaucratic hurdles for businesses
		+
		+	—INVESTMENT CLIMATE STATEMENTS, US STATE DEPARTMENT

	[[Category:China\|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA		[[Category:China\|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA

← Older revision		Revision as of 20:27, 13 June 2021
Line 772:		Line 772:

	[[File: The ease of doing business in India, 2005-19..jpg\|The ease of doing business in India, 2005-19. <br/> From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2019/10/25&entity=Ar00907&sk=2DB241EA&mode=text Surojit Gupta , Oct 25, 2019: ''The Times of India'']\|frame\|500px]]		[[File: The ease of doing business in India, 2005-19..jpg\|The ease of doing business in India, 2005-19. <br/> From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2019/10/25&entity=Ar00907&sk=2DB241EA&mode=text Surojit Gupta , Oct 25, 2019: ''The Times of India'']\|frame\|500px]]
		+
		+
		+	[[File: Ease of doing business in India in 2020 (i.e. 2019); The Ease of doing business in Delhi vis-à-vis Mumbai.jpg\|Ease of doing business in India in 2020 (i.e. 2019) <>The Ease of doing business in Delhi vis-à-vis Mumbai <br/> From: [https://epaper.timesgroup.com/olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2019/11/02&entity=Ar00602&sk=CF6CF82E&mode=image Nov 2, 2019: ''The Times of India'']\|frame\|500px]]
		+
		+	'''See graphics''':
		+
		+	'' The ease of doing business in India, 2005-19. ''
		+
		+	'' Ease of doing business in India in 2020 (i.e. 2019) <>The Ease of doing business in Delhi vis-à-vis Mumbai ''
		+

	India moved from 77th to 63rd position in the World Bank’s Ease of Doing Business rankings this year, a development which is expected to re-assert the reform credentials of the government and help in attracting investors to Asia’s thirdlargest economy.		India moved from 77th to 63rd position in the World Bank’s Ease of Doing Business rankings this year, a development which is expected to re-assert the reform credentials of the government and help in attracting investors to Asia’s thirdlargest economy.

← Older revision		Revision as of 22:07, 8 June 2021
Line 767:		Line 767:

	Pakistan improved in six areas measured by doing business — starting a business, dealing with construction permits, getting electricity, registering property, paying taxes and trading across borders The other countries in the most improved list include China, Myanmar and Bangladesh. In 2018, India had recorded a jump of 23 positions against its rank of 100 in 2017 to be placed at 77th among 190 countries assessed by World Bank. The leap of 23 ranks came after an improvement of 30 ranks in the previous year. The government wants the country to figure in the top 50 in the Ease of Doing Business.		Pakistan improved in six areas measured by doing business — starting a business, dealing with construction permits, getting electricity, registering property, paying taxes and trading across borders The other countries in the most improved list include China, Myanmar and Bangladesh. In 2018, India had recorded a jump of 23 positions against its rank of 100 in 2017 to be placed at 77th among 190 countries assessed by World Bank. The leap of 23 ranks came after an improvement of 30 ranks in the previous year. The government wants the country to figure in the top 50 in the Ease of Doing Business.
		+
		+	==2019: India rises 14 places to 63rd==
		+	[https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2019/10/25&entity=Ar00907&sk=2DB241EA&mode=text Surojit Gupta , Oct 25, 2019: ''The Times of India'']
		+
		+	[[File: The ease of doing business in India, 2005-19..jpg\|The ease of doing business in India, 2005-19. <br/> From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2019/10/25&entity=Ar00907&sk=2DB241EA&mode=text Surojit Gupta , Oct 25, 2019: ''The Times of India'']\|frame\|500px]]
		+
		+	India moved from 77th to 63rd position in the World Bank’s Ease of Doing Business rankings this year, a development which is expected to re-assert the reform credentials of the government and help in attracting investors to Asia’s thirdlargest economy.
		+
		+	India’s jump of 14 ranks in a year was primarily driven by significant improvements in seven out of 10 factors on which ease of doing business is measured. The country earned a place among the world’s top 10 improvers for the third consecutive year. TOI had reported on September 29 that India was among the most improved countries in the World Bank list. This is the highest improvement in rank by any large country since 2011.
		+
		+	The PM had set a target of India being among the top 50 countries in the ease of doing business rankings by 2020 and the country has consistently improved its position over the past four years, leaping 79 places and coming within touching distance of the 50th position.
		+
		+	New Zealand has topped the rankings, followed by Singapore and Hong Kong. China occupies the 31st rank.
		+
		+	''' Now, we have to aim for top 50: Nirmala '''
		+
		+	In Doing Business 2020, India along with other top improvers implemented a total of 59 regulatory reforms in 2018/19—accounting for onefifth of all the reforms recorded worldwide, the report said. The country jumped 56 places from 108 to 52nd in resolving insolvency.
		+
		+	The time taken for resolving insolvency has dropped from 4.3 years to 1.6 years, comparable to OECD countries.
		+
		+	“The IBC code, the NCLAT, NLCT all of them put together have made such a difference... That’s a impressive move upwards but there is more to go,” FM Nirmala Sitharaman said, adding that all the effort would be to break into the top 50 countries in the ease of doing business ranking. She said that efforts will be made to improve India’s ranking on ‘starting a business’ where rank has improved by a notch to 137.

	[[Category:China\|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA		[[Category:China\|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA

← Older revision		Revision as of 21:12, 19 May 2021
Line 744:		Line 744:

	“If we do focused improvement, breaking into the top 50 is not out of reach,” the minister said.		“If we do focused improvement, breaking into the top 50 is not out of reach,” the minister said.
		+
		+	==2019: India among 20 most improved countries==
		+	[https://epaper.timesgroup.com/olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2019/09/29&entity=Ar00904&sk=E63EEC79&mode=text Surojit Gupta, Sep 29, 2019: ''The Times of India'']
		+
		+	[[File: 4 factors on which India improved most in 2019. Figures show change between 2017 and 2018.jpg\|4 factors on which India improved most in 2019. Figures show change between 2017 and 2018 <br/> From: [https://epaper.timesgroup.com/olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2019/09/29&entity=Ar00904&sk=E63EEC79&mode=text Surojit Gupta, Sep 29, 2019: ''The Times of India'']\|frame\|500px]]
		+
		+	India is among the 20 countries that have improved the most on ‘Ease of Doing Business’, the final score and the rankings of which will be released by the World Bank on October 24.
		+
		+	India made it easier to do business in four areas measured by the bank’s annual ‘doing business’ survey — starting a business, resolving insolvency, trading across borders and construction permits.
		+
		+	The World Bank has published a list of the top-20 reformers — different from the top overall performers with regard to change in business climate — over the 12-month period ending in May 2019.
		+
		+	These countries have made the most progress in implementing reforms to make it easier for small and medium enterprises to do business, according to a spokesperson of the multilateral agency. Starting a business is less costly thanks to abolished fees for filing the incorporation form and electronic memorandum of association, the report said.
		+
		+	''' China, B’desh and Myanmar also on ‘most improved’ list '''
		+
		+	Trade is easier following the integration of several government agencies into an online system and the upgrading of port equipment and infrastructure. Submission of labour inspection commencement and completion notifications through a single-window clearance system makes it easier to obtain construction permits.
		+
		+	“India’s achievements this year build on a sustained multi-year reform effort. Since 2003-04, India has implemented 48 reforms captured by doing business,” the bank said.
		+
		+	The World Bank said the top 20 improvers list does not reflect fully an economy’s attractiveness for businesses, and is only based on the improvements across 10 different regulatory areas.
		+
		+	Pakistan improved in six areas measured by doing business — starting a business, dealing with construction permits, getting electricity, registering property, paying taxes and trading across borders The other countries in the most improved list include China, Myanmar and Bangladesh. In 2018, India had recorded a jump of 23 positions against its rank of 100 in 2017 to be placed at 77th among 190 countries assessed by World Bank. The leap of 23 ranks came after an improvement of 30 ranks in the previous year. The government wants the country to figure in the top 50 in the Ease of Doing Business.
		+
		+	[[Category:China\|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]
		+	[[Category:Economy-Industry-Resources\|EEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]
		+	[[Category:Government\|EEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]
		+	[[Category:India\|EEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]
		+	[[Category:Nepal\|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]
		+	[[Category:Pages with broken file links\|EASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]
		+	[[Category:Pakistan\|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]
		+	[[Category:Sri Lanka\|E EASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIAEASE OF DOING BUSINESS: INDIA
		+	EASE OF DOING BUSINESS: INDIA]]

	=Retail index, Global=		=Retail index, Global=

@@ Line 415: / Line 415: @@
 Sources in the government acknowledge that there has been little progress on several of the proposals that have been discussed over the past year to improve India's ranking on enforcing contracts. And, it is unlikely that the IFC team misses that, making it tougher for India to make significant gains in the Ease of Doing Business Rankings, sources acknowledged.
 ==2014:India Ranks 142 in the world==
 [http://epaperbeta.timesofindia.com//Article.aspx?eid=31808&articlexml=Case-pendency-brings-India-down-on-WB-index-17012015015023 ''The Times of India'']