Doing Business - India slips to Rank 142 in the world
JUST two days ago, I did a terrible mistake. I had predicted that our rank in the World Bank Group "doing Business" would improve slightly. The World Bank released its findings yesterday and we have simply slipped down in our rank.
Now we stand at 142 in world ranking in ease of doing business. Our bureaucracy can alone take credit for this great achievement.
Our present ranks are:
Rank | |
|---|---|
Ease of Doing Business | 142 |
Starting a Business | 158 |
Dealing with Construction Permits | 184 |
Getting Electricity | 137 |
Registering Property | 121 |
Getting Credit | 36 |
Paying Taxes | 156 |
Resolving Insolvency | 137 |
It is easier to do business in Nepal, Sri Lanka, Pakistan, Bhutan or China than in India. After this report, how difficult it would be for Mr.Modi to attract foreign business in India!