India’s improved ease of doing business ranking a huge achievement, says Amitabh Kant

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Published: October 24, 2019 12:56:53 PM

"It is a huge achievement...Our objective is to reach the top 50 and reach the top 25 in the next three years of time. This is the target the prime minister has set for us," Kant told PTI on the sidelines of India Korea Business Partnership Forum 2019 here.

Amitabh Kant, ease of doing business ranking, india ease of doing business ranking, NITI Aayog CEO, World Bank, Make in India“It is a huge achievement…Our objective is to reach the top 50 and reach the top 25 in the next three years of time. This is the target the prime minister has set for us,” Kant said on the sidelines of India Korea Business Partnership Forum 2019 here.

Hailing India’s significant jump in ease of doing business ranking, NITI Aayog CEO Amitabh Kant on Thursday said it is a huge achievement but there is a scope of improvement on some parameters. India jumped 14 places to rank 63rd on the World Bank’s ease of doing business ranking released earlier in the day, riding high on the government’s flagship Make in India scheme and other reforms attracting foreign investment. The report ranks 190 countries.

Also read: World Bank praises India for improvement in ‘Doing Business’; joins top 10 improvers for third time

“It is a huge achievement…Our objective is to reach the top 50 and reach the top 25 in the next three years of time. This is the target the prime minister has set for us,” Kant told PTI on the sidelines of India Korea Business Partnership Forum 2019 here. He was of the view that the country has done very well but more needs to be done.
“I think we have done very well on several parameters but we need to do well in registering properties, starting a business and enforcement of contracts, so we will focus on these,” he said.

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