Ease of Doing Business: How did India manage to improve its rank?

The government said the full scope of the reforms' benefits would be realised next year

India has improved its ranking significantly in the latest Ease of Doing Business ranking by the World Bank. Subhayan Chakraborty explores if the country should celebrate already or are there any reasons for worry.

What is the Ease of Doing Business Index?

Brought out by the Washington DC based World Bank, the Ease of Doing Business Index measures the levels of business regulation in 190 economies, covering almost the entire globe. It does this exercise by assessing the business climate in 10 broad categories that are integral to starting, sustaining and winding down a business. Nations are then ranked based