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Monday, December 23, 2024 | 08:38 PM ISTEN Hindi

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What about corruption? India's business policy must look beyond rankings

Both the Indian media and policymakers seem to have accepted the report's findings

world bank, world bank news
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World Bank. Photo: Reuters

Prateek Sibal | The Wire
In his Budget speech, finance minister Arun Jaitley devoted an entire section to the ease of doing business in India and proposed a number of reforms that could improve India’s rankings in the World Bank’s annual Doing Business report.

Lately, the government has been proactive in streamlining the regulatory aspects of doing business in India and aims to be in the top 50 ranked countries from its current rank of 130 out of 190 countries. The urgency is such that ministries responsible for each of the ten parameters on which the World Bank ranks a country’s business environment are holding

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