Question

Ease of doing business in modi's india group discussion

Answer 1

Actually there is no such specific group discussion but as much i know is- India has moved up only one rank on the World Bank’s ease of doing business ranking this year, a disappointing result for the Narendra Modi government that made several initiatives and has set itself a target to break into the top 50.

India is ranked 130 out of 190 countries in World Bank Group’s annual report on the ease of doing business, ‘Doing Business 2017: Equal Opportunity for All’, released on Tuesday. Even the one rank improvement is because India had been downgraded in the 2016 edition to 131from 130 earlier.

Answer 2

India has emerged an outperformer in World Bank’s ‘Ease of Doing Business’ rankings this year. Scoring a ‘century’, India has jumped a whopping 30 places to bag the 100th position in a research that ranks 190 countries. PM Narendra Modi has often highlighted his government’s aim to break into the top 50 league of countries for doing business, and this jump to 100 would come as a big boost for him, especially at a time when economic growth and reforms are being questioned.

China, on the other hand, has maintained its ranking of 78 from 2017. The gap between 78 and 100 may seem small, yet is not easy to bridge. For one, the rankings are competitive, which means that not only does India have to put in efforts in several of the 10 areas that World Bank assesses, but also has to be seen doing better than other countries.