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Ease of doing business: Scoring 50 is doable, says Arun Jaitley

World Bank said India still lagged in areas such as starting a business, enforcing contracts and dealing with construction permits

Union Minister for Finance and Corporate Affairs, Arun Jaitley addressing a Press Conference at BJP headquarters  in New Delhi. (Photo: PTI)
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Union Minister for Finance and Corporate Affairs, Arun Jaitley addressing a Press Conference at BJP headquarters in New Delhi. (Photo: PTI)

Press Trust of India New Delhi
Buoyed by the jump in India’s ease of doing a business ranking, Finance Minister Arun Jaitley on Tuesday vowed to continue reforms that will help the country break into the top 50.

According to the World Bank, India’s rank on the ease of doing business scale has risen from 130th to 100th this year, helped by a slew of reforms in taxation, licensing, investor protection and bankruptcy resolution. Addressing a press conference minutes after the World Bank ranking was made public, Jaitley said India was the only major country named for pursuing structural reforms. "In 2014, we were 142nd and then