India has risen 14 places in the World Bank’s latest Ease of Doing Business global rankings, inching closer to its target of being counted as part of the top 50 club. The ‘Doing Business 2020’ report, released on Thursday, ranked India at 63rd position against 77th last year.
India had breached the 100th mark two years ago, jumping 30 places from the 130th position. Last year, it gained 23 places to reach 77th, among a total of 190 countries.
In the latest report, India managed to better its ranking on seven of the World Bank's 10 parameters, compared to six