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India at 100 ease of doing business

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The business environment in India has improved at the fifth fastest pace in the world and India is among the top 10 ‘improvers’ globally, having done better in 8 out of 10 business parameters. The country has jumped 53 places from 172 to 119 on ease of paying taxes, leapt over to the 4th rank on protecting minority investors and moves 15 places from 44 to 29 on ease of businesses getting credit. The most significant jump is in taxation policy parameter. According to the latest World Bank’s Doing Business Report, India has jumped 30 places to stand at 100 in the new rankings.