Ease of Doing Business

When arriving at the ‘Doing Business’ rankings, the World Bank ranks 11 parameters that impact businesses across various stages of their lifecycle – at start-up, getting a location, getting financing, daily operations and even when things go wrong. To maintain its growth trajectory, India needs to be a relatively attractive investment destination across each of these parameters. The Government would need to undertake reforms to help place the country on an equal footing amongst countries having favourable, flexible, liberalised and a transparent business environment. With this in view, the survey aims to identify the improvement areas in various aspects of doing business in India viz. starting a business, land acquisition, labour, and taxes. Specific recommendations have been identified for each of these areas. Additionally, successful initiatives that were identified during the survey have been noted and many of these could perhaps be leveraged at a national level.