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Soaring ease

Another year of success in Doing Business rankings

India is the only country in South Asia and among the BRICS economies to be included in list of top reformers this year. (Photo: Twitter, @NITIAayog)
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India is the only country in South Asia and among the BRICS economies to be included in list of top reformers this year. (Photo: Twitter, @NITIAayog)

Business Standard Editorial Comment
The 2019 version of World Bank’s Doing Business index, released on Wednesday, saw India register a jump of 23 spots over the 2018 rankings. The news is likely to have a salutary effect on the morale of the central government, which has found itself in the middle of a season dominated by disturbing news on the economic front — from persistently high fuel prices to worsening macroeconomic stability indicators to repeated confrontations between the country’s central bank and the Union finance ministry. The Narendra Modi-led government could be very proud of the latest rankings; India is one of the only