Thursday, June 30, 2022
  • Janam TV Malayalam
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Services
Janam TV English
  • ‌
  • News
    • Kerala
    • India
    • Gulf
    • World
  • Business
  • Defence
  • Tech
  • Science
  • Health
  • Podcast
  • ‌
    • Travel
    • Entertainment
    • Lifestyle
    • Sports
    • Guest Column
    • Auto
No Result
View All Result
  • ‌
  • News
    • Kerala
    • India
    • Gulf
    • World
  • Business
  • Defence
  • Tech
  • Science
  • Health
  • Podcast
  • ‌
    • Travel
    • Entertainment
    • Lifestyle
    • Sports
    • Guest Column
    • Auto
No Result
View All Result
Janam TV English
No Result
View All Result
  • News
  • Business
  • Defence
  • Health
Home News India

India in the top 20 improvers list of World Bank’s ease of doing business ranking

by Janam Web Desk
Sep 29, 2019, 08:15 pm IST
in India

New Delhi: India achieved a major boost to its business friendly image by getting on the top 20 improvers list of World Bank’s Doing Business 2020 ranking. The list includes the economies that have improved substantially in increasing the ease of doing business.

The economies at the top 20 list are selected on the basis of the number of reforms and how much the countries have improved their score of ease of doing business. The ranking shows the business friendly atmosphere of the nations.

The World Bank said, “India made it easier to do business in four areas measured by Doing Business. Authorities in Mumbai and New Delhi made it easier to obtain construction permits by allowing the submission of labor inspector commencement and completion notifications through a single-window clearance system. Starting a business is less costly thanks to abolished filing fees for the SPICe company incorporation form, electronic memorandum of association and articles of association.”

It added, “Exporting and importing is also easier following the integration of several government agencies into an online system and the upgrading of port equipment and infrastructure. India’s achievements this year build on a sustained multi-year reform effort. Since 2003/04, India has implemented 48 reforms captured by Doing Business. The most improved business regulatory areas have been starting a business, dealing with construction permits and resolving insolvency.”

The list also contains China, Pakistan, Jordan, Bangladesh, Bahrain, Kenya, Myanmar, etc. It must be noted that the list for the best performing economies will be disclosed only at the time of Doing Business 2020 launch on 24 October, 2019.

Narendra Modi government is pushing hard for reforms and boosting the economy for rapid development and making the country investor friendly. He has publically stated that the country respects the wealth creators which is a far cry from the socialist ideology of seeing the wealth creators as enemies.

This positive attitude towards the business class is hoped to attract more investments to the country from both internal and external investors.

Tags: FEATURED
ShareTweetSendShare

Related News

Uddhav quits; welcomes top court’s judgement on floor test
News

Uddhav quits; welcomes top court’s judgement on floor test

CM says blatant lie; do release CCTV footage; Swapna Suresh challenges Pinarayi Vijayan
News

CM says blatant lie; do release CCTV footage; Swapna Suresh challenges Pinarayi Vijayan

Protest boils in Rajastan over the butchery of Hindu man by Islamic terrorists; clashes erupt at Rajsamand
News

Protest boils in Rajastan over the butchery of Hindu man by Islamic terrorists; clashes erupt at Rajsamand

Latest News

Next petrol shipment to arrive in Sri Lanka on July 22: Official

Next petrol shipment to arrive in Sri Lanka on July 22: Official

First batch of pilgrims reach Srinagar

First batch of pilgrims reach Srinagar

Militant killed in Kulgam

Militant killed in Kulgam

Udaipur killing; MHA directs NIA for enquiry

Udaipur killing; MHA directs NIA for enquiry

‘Unwarranted interference’, India slams UN rights council over comments on Setalvad arrest

‘Unwarranted interference’, India slams UN rights council over comments on Setalvad arrest

Cochin airport hailed by passengers

Cochin airport hailed by passengers

Afghan leaders meet on girls education postponed

Afghan leaders meet on girls education postponed

Schools must foster the spirit of curiosity and innovation in students: Vice President

Schools must foster the spirit of curiosity and innovation in students: Vice President

  • Janam TV Malayalam
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Services

© Janam Multimedia Limited

No Result
View All Result
  • ‌
  • News
    • Kerala
    • India
    • Gulf
    • World
  • Business
  • Defence
  • Tech
  • Science
  • Health
  • Podcast
  • ‌
    • Travel
    • Entertainment
    • Lifestyle
    • Sports
    • Guest Column
    • Auto

© Janam Multimedia Limited