Ease of doing business in India: Rankings improved, but issues remain

India’s overall rank in the ease of doing business rankings may have improved, but still there are severe on-ground issues, the Economic Survey has pointed out. Case in point: Despite focusing on slashing customs procedures to ease the flow of exports, trading across borders remains a major barrier in boosting outbound shipments. 

Currently, it takes 60-68 and 88-82 hours in border and documentary compliance for exports and imports, respectively. On the other hand, in Italy — the country with the least customs hold-ups — it takes only one hour for each. Also, while there is zero cost of compliance in