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'Quality of bureaucracy' rated as weakest in India's biz milieu: Survey

On the other hand, a year on from its implementation, perceptions of the GST regime have greatly improve

Image: istock
Image: istock

‘Quality of bureaucracy’ is rated as the weakest component of India’s business environment for the fourth year running, a survey by the UK India Business Council (UKIBC) showed. The parameter has trumped other issues such as corruption, regulatory complexity, and land availability, UKIBC’s fourth annual study on ‘Doing Business in India’, released on Monday, showed. The survey is the result of responses from 89 British companies, representing a combined turnover of at least $122 billion globally. ‘Quality of bureaucracy’ was ...