November 23, 2024

India now at 63rd position in Ease of Doing Business

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India has now risen to 63rd position with a 14 ranking improvement in World Bank’s Ease of Doing Business.

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New Delhi, Oct 24(HS): India has received good news on the economy front. Doing business in India has become easier now. The World Bank has also accepted the efforts made by the Modi government in this direction. India has now risen to 63rd position with a 14 ranking improvement in World Bank’s Ease of Doing Business.

This news has come at a time when the country is reportedly facing the economic slowdown. In 2014, when the NDA government was formed under the leadership of PM Narendra Modi, India’s ranking was 142  which later improved and reached 77 last year.

Praising the reformative initiatives being taken by India, World Bank report says that this is a very important thing for such a big country.