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Don't lose sight of the big picture

The fretting over missed opportunities to improve India's ease of doing business ranking needs to be supported with larger efforts to transform the economy into a premier investment hub

Avirup Bose 

Avirup Bose The recently released World Bank Ease of Doing Business rankings, where India has made an embarrassingly low improvement by a single rank, despite robust efforts made by the government, provide us with an opportunity to introspect if the government’s efforts are in the right direction. Early in the tenure of his government, Prime Minister Narendra Modi had openly committed to adopt policies that would catapult India to a spot in the top 50 ranks of the World Bank index by 2017. Based on the 2016 rankings, this has clearly not happened. India currently ranks 130 among 190 countries ...

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First Published: Thu, December 01 2016. 22:39 IST
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