Ease of Doing Business

According to the World Bank Doing Business Report 2020 released on 24th October 2019, India has achieved a score of 71 & has jumped 14 points to secure the 63rd rank among 190 nations in the Ease of Doing Business index.

The country also stands firmly in the list of Top 10 Improvers for the third year in a row, something that has been achieved in the past by other countries that are smaller in terms of population & are homogeneous, as compared to India.

This surge was seen mainly due to the successful execution of the Insolvency & Bankruptcy Code before which, secured creditors had to undergo an arduous process in order to seize the companies when they default.

Significant improvements have also been made in the process of obtaining a building permit & creating a single platform for trade stakeholders, electronic submission of documents & upgrades to port infrastructure for easy import & export.

In line with the Centre’s goal to join the Top 50 Economies on the Ease of Doing Business index by 2020, FM Nirmala Sitharaman talks about taking concrete steps towards further improving all 10 parameters that determine India’s place in the world. Will the Modi regime be able to create history? Only time will tell.

Share on linkedin
LinkedIn
Share on whatsapp
WhatsApp
Share on twitter
Twitter
Share on facebook
Facebook
Share on email
Email
November 13, 2020
Firecracker Industry of India
The 80 billion-rupee firecracker industry of India is the second-largest in the world after China. Last year, it witnessed...
November 1, 2020
Monthly Snapshot – October 2020
Click here to download the report After months of slowdown, the residential real estate sector shows signs of recovery....
October 2, 2020
Monthly Snapshot – September 2020
Click here to download the report Registration of new companies in India surged to the highest in more than...
September 11, 2020
Leviathan Portfolio Construction
Industries in the U.S. have been experiencing an increased level of concentration of profits & revenues in the hands...
September 10, 2020
GARWARE TECHNICAL FIBRES LTD
Click here to download the report Casting a Wide Net Garware Technical Fibres Ltd. (‘the Company’ or ‘GTFL’) is...
September 9, 2020
Green Finance
Climate change maybe a matter of debate for politicians around the world, but investors have become increasingly aware and...
September 9, 2020
Scope and Future of Crowdfunding
Crowdfunding- What is it? Crowdfunding is a practice of financing a new business venture by pooling in capital from...
September 9, 2020
Thematic Investing: Unlike any seen before!
The traditional way of identifying a good investment is to analyse the historical data and make predictions for the...
September 9, 2020
Piramal Enterprises Limited
Click here to download the report A Journey of Inorganic Growth Piramal Enterprises Limited (‘the Company’ or ‘PEL’), formally...
September 9, 2020
World Uncertainty Index
Since the Global Financial Crisis of 2007-2008, the concerns about uncertainty were increasing. Initially, the efforts made to measure...