India Committed to Improving its Doing Business
THE Report also says:
The Indian government, has committed to improving its Doing Business ranking by steadily implementing reforms across all indicators
After changes were made to the Hindu Succession Act improving inheritance rights for women in India, there was an increase in education for girls.
In India the establishment of debt recovery tribunals reduced non-performing loans by 28% and lowered interest rates on larger loans, suggesting that faster processing of debt recovery cases cut the cost of credit.
Our rank, however is 130 out of 190. There are at least 129 countries where it is easier to do business than in India - and that includes our poor neighbours Nepal and Sri Lanka. Where will GST rank us?