The task of improving India's rank in the World Bank
list of countries that facilitate ease in doing business, set by Prime Minister
Narendra Modi immediately after coming to power in 2014, continues to be
implemented with rigour and precision. Executed initially by earlier DIPP Secretary
Amitabh Kant (Retd IAS:1980:KL) and his team of officers that set the pace for
efforts to improve India's rank, Kant's successor Ramesh Abhishek (IAS:1982:BH)
and his team have ensured a leap in this regard. It may be mentioned that Additional Secretary Shailendra
Singh (IAS:1988:MP) and Joint Secretary Ravinder (IAS:1999:UP) got the PM award
for their contribution after India improved its rank from 130th to 100th last
year. Ravinder looks after Ease of Doing Business (EODB) and reforms pertaining to WB ranking of
countries. In 2018 WB report, India further jumped 23 slots and
came 77th among 190 countries assessed by the World Bank. India's leap of 23
ranks in the Ease of Doing Business (EODB) ranking is significant considering
that last year India had improved its rank by 30 places, a rare feat for any
large country of the size of India. As a result of continued efforts by the
Government, India has improved its rank by 53 positions in the last two years
and 65 positions in the last four years (2014-18). The Doing
Business assessment provides objective measures of business regulations and
their enforcement across 190 economies on ten parameters affecting a business
through its life cycle. The DBR ranks countries on the basis of Distance to
Frontier (DTF), a score that shows the gap of an economy to the global best
practice. This year, India’s DTF score improved to 67.23 from 60.76 in the
previous year. "Today, India’s stands at 77 in WB Doing Business
2019. In 3 years, we have improved our ranking by 65 points - no country of
India’s size and complexity has achieved this. Demonstrates that in India,
transformative changes are possible if we put our minds to it," says
Amitabh Kant, CEO of NITI Aayog and former Secretary of Department of
Industrial Policy & Promotion.
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A leap in EODB ranking: DIPP officials do it again
By IndianMandarins - 2018-11-01 11:26:58
The task of improving India's rank in the World Bank
list of countries that facilitate ease in doing business, set by Prime Minister
Narendra Modi immediately after coming to power in 2014, continues to be
implemented with rigour and precision. Executed initially by earlier DIPP Secretary
Amitabh Kant (Retd IAS:1980:KL) and his team of officers that set the pace for
efforts to improve India's rank, Kant's successor Ramesh Abhishek (IAS:1982:BH)
and his team have ensured a leap in this regard.
It may be mentioned that Additional Secretary Shailendra Singh (IAS:1988:MP) and Joint Secretary Ravinder (IAS:1999:UP) got the PM award for their contribution after India improved its rank from 130th to 100th last year. Ravinder looks after Ease of Doing Business (EODB) and reforms pertaining to WB ranking of countries.
In 2018 WB report, India further jumped 23 slots and came 77th among 190 countries assessed by the World Bank. India's leap of 23 ranks in the Ease of Doing Business (EODB) ranking is significant considering that last year India had improved its rank by 30 places, a rare feat for any large country of the size of India. As a result of continued efforts by the Government, India has improved its rank by 53 positions in the last two years and 65 positions in the last four years (2014-18).
The Doing Business assessment provides objective measures of business regulations and their enforcement across 190 economies on ten parameters affecting a business through its life cycle. The DBR ranks countries on the basis of Distance to Frontier (DTF), a score that shows the gap of an economy to the global best practice. This year, India’s DTF score improved to 67.23 from 60.76 in the previous year.
"Today, India’s stands at 77 in WB Doing Business 2019. In 3 years, we have improved our ranking by 65 points - no country of India’s size and complexity has achieved this. Demonstrates that in India, transformative changes are possible if we put our minds to it," says Amitabh Kant, CEO of NITI Aayog and former Secretary of Department of Industrial Policy & Promotion.
