New Delhi, December 13: Once upon a time in India, doing or setting a business whether on a large scale or small scale was not at all easy. And the reason was lengthy documental procedures, unstable markets, lack of security etc but today India is amongst those countries where doing a business is very easy and simple due to favourable policies.
Recently, at the end of October this year, taking a big jump forward India has entered into the list of first 100 in the World Bank’s Ease of Doing Business Ranking. It is a straight jump of 30 notches from last year. Not only Prime Minister Narendra Modi but also the world leaders across the globe lauded India’s historic jump of 30 ranks in the World Bank’s Doing Business Report. This was possible only due to PM Modi’s new policy called ‘Make in India’.
However, there was total of nine reforms that helped India jump up 30 places in World Bank's Doing Business Report 2018 are as follows.
Starting a business
Dealing with construction permits
Trading Across Borders
Earlier India had always been at 130 to 140 positions in the World Bank’s Ease of Doing Business Ranking. In 2014 the ranking was 142 while in 2015 it was 131 and in 2016 it stood at 130. PM Modi’s Government from 2014 is in constant efforts to make our nation India ‘Sujalam & Sufalam’ in the real sense.