Shah hails Modi for jump in India's 'ease of doing biz' rank

Image
Press Trust of India New Delhi
Last Updated : Oct 31 2017 | 10:22 PM IST
BJP president Amit Shah today credited Prime Minister Narendra Modi for the improvement in India's ranking in the World Bank's 'ease of doing business' index.
Shah said that the results demonstrate Modi's "laser focus" on improving lives of citizens and implementation of various reforms.
He said better business environment is leading to better business opportunities for entrepreneurs, particularly small and medium enterprises.
His remarks came after India today jumped 30 places to rank 100th in the World Bank's 'ease of doing business' ranking.
India, which was ranked 142nd when the Narendra Modi government took office in 2014 and 130th last year, is the only large country this year to have achieved such a significant shift on the back of reforms in taxation, construction permits, investor protection and bankruptcy resolution.
India's position in the ease of doing business rankings were stagnant around 130 for many years and it reached 142 in the last year of the UPA rule, the BJP chief said.
"Such a quick and huge turnaround clearly shows the impact of good governance coupled with impeccable implementation of reforms," Shah said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 31 2017 | 10:22 PM IST

Next Story