Ease of doing business: Here's how India can improve its global ranking

Process of starting a business remains cumbersome for local entrepreneurs in Mumbai

Starting a business: Rank 153 out of 190

India has reduced the time needed to register a new business to 30 days now -- a great leap from where it stood 15 years ago when it took 127 days. However, the process still remains cumbersome for local entrepreneurs in Mumbai, as they still need to go through as many as 12 procedural measures to begin their business in the financial capital of the country.

The number of steps involved in beginning operations in Mumbai is, in fact, significantly more than what one can witness in the OECD high-income economies, where