Business Standard

Cross-border trade ranking: Reforms yet to reach the shores

Lower ranking as World Bank did not take into account some changes

export, trade, ship, cargo
Premium

Photo: Shutterstock

Subhayan Chakraborty New Delhi
India’s ranking on the “trading across borders” category slid in the World Bank’s Doing Business Report because several reforms were not considered, senior officials said.

The government had undertaken a number of reforms in the trade infrastructure space, too. Such changes helped India enter the top 100 list. But the indicator taking into account the export-import infrastructure showed India’s position had gone down to 146, from 143 the previous year.  

The reforms were not taken into consideration for a variety of reasons, such as these were not making a sizable impact yet and because the reforms were outside the purview

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in