{"id":36173,"date":"2018-11-01T19:37:49","date_gmt":"2018-11-01T14:07:49","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=36173"},"modified":"2018-11-16T16:48:31","modified_gmt":"2018-11-16T11:18:31","slug":"india-jumps-to-77th-rank-in-the-ease-of-doing-business-index","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/india-jumps-to-77th-rank-in-the-ease-of-doing-business-index\/","title":{"rendered":"India jumps to 77th rank in the Ease of Doing Business Index"},"content":{"rendered":"<p><a href=\"https:\/\/www.thehindu.com\/todays-paper\/india-jumps-to-77th-rank-in-the-ease-of-doing-business-index\/article25385205.ece\">India jumps to 77th rank in the Ease of Doing Business Index<\/a><\/p>\n<p><strong>News:<\/strong><\/p>\n<ol>\n<li>India has ranked 77th in the annual list, as against 100 last year in the World Bank\u2019s Ease of Doing Business Index 2018.<\/li>\n<\/ol>\n<p><strong>Important Facts:<\/strong><\/p>\n<p>2. India has jumped 23 ranks from 2017 becoming the top ranked country in South Asia for the first time and third among the BRICS after China (46) and Russia(31).<\/p>\n<p>3. India has improved its rank by 53 positions in last two years and by 65 positions in last four years, the government noted.<\/p>\n<p>4. India&#8217;s rank has improved in six out of 10 indicators.<\/p>\n<p><strong>5. Improvements: <\/strong>The &#8220;most dramatic improvements have been registered in the indicators related to &#8216;Construction Permits&#8217; (where India climbed 129 ranks to 52nd place) and &#8216;Trading across Borders'&#8221;.<\/p>\n<p><strong>6. Dip in rankings: <\/strong><\/p>\n<ul>\n<li>Interestingly, India&#8217;s ranking actually took a beating in two categories where landmark government reforms were expected to lead to better results.<\/li>\n<li>In &#8216;Paying Taxes&#8217;, India actually saw its rank slip two notches to 121, despite the implementation of the Goods and Services Tax.<\/li>\n<li>The World Bank praised India for merging taxes and significantly revising the tax code, but it didn&#8217;t lead to a better ranking.<\/li>\n<\/ul>\n<ol start=\"7\">\n<li><strong>About <\/strong><strong>World Bank\u2019s Ease of Doing Business Index :<\/strong><\/li>\n<\/ol>\n<ul>\n<li>It provides objective measures of business regulations and their enforcement.<\/li>\n<li>The Index ranks 190 countries based on 10 indicators across the life-cycle of a business, from \u201cstarting a business\u201d to \u201cresolving insolvency.\u201d<\/li>\n<\/ul>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-36164\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2018\/11\/ease.jpg?resize=602%2C356&#038;ssl=1\" alt=\"\" width=\"602\" height=\"356\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2018\/11\/ease.jpg?w=602&amp;ssl=1 602w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2018\/11\/ease.jpg?resize=150%2C89&amp;ssl=1 150w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2018\/11\/ease.jpg?resize=300%2C177&amp;ssl=1 300w\" sizes=\"auto, (max-width: 602px) 100vw, 602px\" \/><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India jumps to 77th rank in the Ease of Doing Business Index News: India has ranked 77th in the annual list, as against 100 last year in the World Bank\u2019s Ease of Doing Business Index 2018. Important Facts: 2. India has jumped 23 ranks from 2017 becoming the top ranked country in South Asia for&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/india-jumps-to-77th-rank-in-the-ease-of-doing-business-index\/\">Continue reading <span class=\"screen-reader-text\">India jumps to 77th rank in the Ease of Doing Business Index<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[773,221,217],"class_list":["post-36173","post","type-post","status-publish","format-standard","hentry","category-test-1","tag-ease-of-doing-business-index-2018","tag-economy","tag-gs-3","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704711508},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/36173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=36173"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/36173\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=36173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=36173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=36173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}