1. World Bank: India ranks 130 in ease of doing business

World Bank: India ranks 130 in ease of doing business

India’s performance in the World Bank’s ease of doing business index improved only a tad this year, contrary to the

By: | New Delhi | Published: October 26, 2016 6:05 AM
'Getting electricity' was the star performer for a second straight year, as India’s ranking in this segment improved to 26 now from 70 last year, saving the country from a slump. (Reuters) ‘Getting electricity’ was the star performer for a second straight year, as India’s ranking in this segment improved to 26 now from 70 last year, saving the country from a slump. (Reuters)

India’s performance in the World Bank’s ease of doing business index improved only a tad this year, contrary to the government’s expectations, showed the latest ranking of countries released by the multilateral body on Tuesday.

India is placed at 130 of 190 countries in the World Bank’s 2017 ranking — which took into account users’ perception of reforms done in the year through May 2016, barring ‘paying taxes’ — compared with 131 (revised) of 189 nations a year earlier.

‘Getting electricity’ was the star performer for a second straight year, as India’s ranking in this segment improved to 26 now from 70 last year, saving the country from a slump.

However, ‘paying taxes’ remained the worst performer, with the ranking in this segment declining from 157 of the 189 nations to 172 of the 190 countries this year. What is worrisome is that the country’s performance headed for the worse in five of the 10 segments on which rankings are based for a second straight year. In trading across borders, the country is placed at 143, compared with 133 last year.

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While the goods and services tax (GST) regime is expected to significantly improve India’s ranking’, the country is unlikely to benefit much in the next year’s ranking in ’paying taxes’ category even if it is implemented from April 1 next year. This is because the World Bank will take into account tax reforms between January and December 2016 for the next year’s ranking in the ‘paying taxes’ segment.

  1. R
    raviraj
    Oct 26, 2016 at 4:47 am
    We were planning to open retail shops but the infrastructure and cleanliness are completely unacceptable - our management to come and live here to train people to hire cannot possibly be put to see people spitting and peeing on the roadside - no place to walk safely on pavements , rubbish is lying everywhere and pollution in all the cities where we can open the business ! All you people are intelligent can't you see why we cannot come besides the police being so unskilled , and no discipline on roads - even the political parties putting the posters all over the walls - I cannot understand why for so many years the public hygiene is awful-- Make the country clean listen to your PM and make Clean Bharat and get the country moving forward ---
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