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Ease of doing business: How did India improve its ranking to 100th spot?

India improved its rankings in six of the 10 sub-categories used by the World Bank to judge the climate of business

Representational image
Representational image

India has jumped into 100th place on the World Bank’s ranking of countries by Ease of Doing Business for the first time in its report for 2018, up about 30 places, driven by reforms in access to credit, power supplies and protection of minority investors. The report, based on data from  New Delhi and Mumbai, ranked India among the top 10 “improvers” globally, having done better in eight out of 10 business indicators.  As BS notes in its editorial, "This is a shot in the arm for Prime Minister Narendra Modi’s government, which had set out ...