Pahle India Foundation, a policy think tank, has come out with its model of ease of doing business, which is different from those compiled by the World Bank and the Department for Promotion of Industry and Internal Trade (DPIIT). The foundation said the rankings by the World Bank and the DPIIT on ease of doing business have not led to discernible differences in the economic conditions at the ground level.
“In fact, studies state that there is an insignificant, even if positive, impact of ease of doing business parameters on either economic growth or on investment per se,” the foundation said