This refers to the IFC report on doing business in India, where India’s rank has fallen six places and it is 122nd out of 181 countries in terms of being a good place to invest. The IFC is well-reputed, so there can be no errors in its methodology. But how do you explain the amount of foreign investment coming into India if it is the 122nd -best place in the world to be doing business in? And how can we believe that Bhubaneswar is the third-best city in India to do business in — Mumbai doesn’t even figure in the top 5 cities.
Sanjiv Saxena, Mumbai