New Delhi: After the World Bank ranked India 63 this year, the Indian government is targeting to become one of the top 25 countries in ease of doing business by the year 2024 said Union Minister of Railways, Commerce and Industry Piyush Goyal.
“Our target is to first come among the top 50 countries and then eventually find a spot among the top 25 countries in the list. Only developed countries, who have advanced economies, are among the top 25. India’s target is to become a part of that club,” Goyal told news agency ANI.
“There was not much development in the first few years of our government. After the year 2016, we started taking landmark decisions regarding the economy. Once the World Bank started assessing the impact of those decisions, India rose on the ease of doing business list,” he said.
Goyal said that India ranked 142 in ease of doing business in the year 2014 but has moved up to 63 this year.