Ease of Doing Business: Relaxed norms for setting up firms, other steps to help India to improve ranking
In its annual 'Doing Business' report, the World Bank ranks nations based on 10 parameters relating to starting and doing business in a country
World Bank ease of doing business ranking: Good show, but stagnant investment rate in economy is a concern
Improvement in rank means the cost of doing business is lower now.
India's jump in World Bank's Ease of Doing Business rankings 'huge leap in 4 years', says Arun Jaitley
Arun Jaitley made the statement after the World Bank released its latest Ease of Doing Business rankings, in which India jumped 23 places to the 77th position from the 100th.
Funded by Facebook founder Mark Zuckerberg and his wife Priscilla Chan, the construction of a school for low-income students has been stalled in California owing to a major water shortage, a media report has said.
Ludhaina was ranked on top for paying taxes and second for resolving insolvencies.Countrywise, however, India was awarded a lowly rank of 132 among 183 countries, although that is seven notches up from last year's ranking.