India lobbies with World Bank on ease of business
New Delhi: The government on Monday tom-tommed before the Ease of Doing Business team of the World Bank Group of various initiatives taken to make it easier to do business in the country.
The team is on two weeks mission in India from July 18-29, 2016 for interacting with various groups and industries and to validate data for the upcoming Doing Business Report (DBR), 2017.
PM Narendra Modi has listed ease of doing business on the top of his agenda. Mr Modi had said in the past that he will like India to be among top 50 countries on World Bank’s high profile and keenly watched ease of doing business list.
Last year India had jumped 12 places to rank 130 out of 189 countries in the World Bank’s ease of doing business report.
Any significant jump in India’s ranking in World Bank’s ease of doing business report will be a huge image booster for the Modi government. The World Bank team held a meeting on Monday with additional secretary (investment), Department of Economic Affairs. The meeting was also attended by the representative from Department of Industrial Policy and Promotion (DIPP).
During the meeting the team was told that Indian government accords highest priority to the improvement in the ease of doing business in the country.