Govt strikes positive chord before release of ease of doing business report

In report to be released by World Bank on Oct 31, govt banking on reforms in construction segment, resolving insolvency

Days before the World Bank is set to bring out its flagship report assessing ease of doing business, government officials pinned their hopes on reforms in securing construction permits, starting a business and resolving insolvency, to push India’s rank higher.

However, senior voices in the government as well as policy experts are divided over whether the country can finally crack the club of top 50 nations by 2018, which has remained Prime Minister Narendra Modi’s aim.

The World Bank is set to bring out the Doing Business Survey 2018 on October 31. On Thursday, the Department of Industrial Policy and Promotion (DIPP)