India

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  • Date: 5/19/2014

Ease of doing business in India 

 

India’s position in the ‘Doing Business’ annual reports published by the World Bank continues to be less than favourable; the latest rankings place India 134th among 185 countries. Concerned with India’s dismal ranking, a survey-based report on the prevailing business regulatory environment in the country was undertaken by the CII with the support of KPMG in India. The survey aimed to identify the improvement areas in various aspects of doing business in India viz. starting a business, land acquisition, labour, and taxes. The report has highlighted that even after two decades of economic reforms, India continues to falter on various sub-indices such as starting a business, dealing with construction permits, getting electricity, registering property, paying taxes, enforcing contracts or resolving insolvency; specific recommendations have been made on these areas and new initiatives that have led to positive change have also been pointed out.

Ease of doing business in India
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