Govt hopes to breach 80s in ease of doing biz ranking, but traders sceptic

But, traders claim the government's optimism does not reveal Rs 80-100 billion Integrated GST refunds they are yet to get

The government is confident that India would enter the late 80s in the World Bank’s annual ease of doing business report — up from 100 last year — on account of implementation of the goods and servicesta(GST) and the Insolvency and Bankruptcy Code (IBC). 

But, traders, whose voices will be reflected in the rankings slated to be released on October 31, claim the government’s optimism does not reveal Rs 80-100 billion Integrated GST refunds they are yet to get. 

Last year, India had improved its position by 30 spots. This year, the World Bank will consider reforms introduced till May